BMW i Ventures invests in Software Motor Company developing switched reluctance technology

BMW i Ventures will invest in Software Motor Company (SMC), a Silicon Valley-based company with experience with HVAC retrofit motors. SMC will use the funding to expand its product line and bring to market its full-stack Building Operating System (BOS) platform, designed to optimize energy and maintenance through intelligent automation.

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Enevate says its new silicon-dominant battery tech enables 5-minute charge

Enevate, a battery technology company based in Irvine, California, has launched its fourth-generation XFC-Energy battery technology, which offers 800 Wh/L cell energy density and achieves five-minute charging to 75 percent capacity, according to the company.

The XFC-Energy technology is designed for large-format pouch, prismatic, and cylindrical EV cells. It uses …read more

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