Valdis Dombrovskis

Vice President

Pearse O'Donohue

Director for the Future Networks, DG CONNECT

Past deals in Electric Vehicle

AESC

Grant in 2025
AESC is a manufacturer of lithium-ion batteries for automotive applications. The company emphasizes carbon-neutral manufacturing processes, showcasing a commitment to sustainability in their production methods. AESC was founded as a joint venture between Nissan and the NEC Group, and they started mass-producing lithium-ion batteries for the "Nissan Infiniti M Hybrid" in October 2010 and for the "Nissan Leaf", a 100% electric vehicle (EV), in November of that same year. Since then, electric and hybrid vehicles equipped with batteries from AESC have been used by numerous customers worldwide, and AESC's batteries have established an excellent reputation for their performance, quality, and reliability. Electric vehicles can contribute significantly to improving both the global environment and regional environments because they emit no CO2 or other exhaust gases while operating and they generate very little sound while driving. In addition, the use of renewable energy sources such as solar and wind power and new aspects such as emergency power supplies are also attracting attention. On the other hand, various issues remain with electric vehicles including price, cruising range, and the need to establish a charging infrastructure. With the cooperation of automakers and material and parts suppliers, AESC will continue to endeavor to improve the high-quality level of their products further, reduce costs, and increase energy density and capacity, and they will strive to be a world leader in lithium-ion batteries for automotive applications.

NEL Hydrogen

Grant in 2024
NEL Hydrogen provides solutions that allow people and businesses to generate, store, and distribute hydrogen from renewable energy. It supplies energy-efficient hydrogen solutions for industrial applications, hydrogen fuelling stations, and distributed energy systems worldwide. NEL Hydrogen is a Norwegian company based in Norway and has also been known as Norsk Hydro Electrolysers (NHEL) and Hydrogen Technologies.

algoWatt

Post in 2023
algoWatt designs, develops and integrates solutions for the management of energy and natural resources , in a sustainable and socially responsible way , guaranteeing a competitive advantage. The Company provides management and control systems that integrate devices, networks, software and services with a clear sectoral focus: digital energy and utilities , smart cities & enterprises and green mobility .algoWatt was born from the merger of TerniEnergia, a leading company in the renewable energy and environmental industry, and Softeco, an IT solution provider with over 40 years of experience for customers operating in the energy, industry sectors and transportation.

Vianode

Grant in 2023
Vianode specializes in the development of sustainable anode graphite solutions specifically for the battery industry, with a strong emphasis on enhancing the performance and sustainability of electric vehicle batteries. The company produces a variety of synthetic graphite products that offer unique performance characteristics and are manufactured with significantly lower CO2 emissions compared to conventional materials. Vianode is also committed to recycling initiatives, having recently introduced a product that incorporates recycled graphite, thereby supporting a low-emission battery ecosystem. Through its focus on sustainability and technological advancements, Vianode contributes to the transition toward greener energy solutions in the electric vehicle sector.

Sono Motors

Grant in 2023
Sono Motors GmbH, founded in 2016 and headquartered in Munich, Germany, specializes in solar-powered electric mobility. The company is focused on designing and developing its first solar electric vehicle, the Sion, which is anticipated to launch in Europe in 2024. Utilizing proprietary solar technology, Sono Motors integrates solar panels into vehicle bodywork, allowing energy captured from sunlight to charge the vehicle's battery. In addition to the Sion, the company is actively working on applying its solar technology across various vehicle types, including buses, trucks, camper vans, and trains, aiming to enhance range, reduce fuel costs, and minimize CO2 emissions. Through these efforts, Sono Motors is contributing to the advancement of climate-friendly mobility solutions.

Everfuel

Grant in 2022
Everfuel Denmark A/S specializes in the production and sale of green hydrogen fuel across several European countries, including Denmark, Norway, Sweden, the Netherlands, Germany, and Belgium. The company focuses on providing hydrogen fueling solutions for various applications, such as public transportation (buses, trucks, and taxis), freight vehicles (vans), trains, marine vessels, and private cars. Additionally, Everfuel serves industrial clients engaged in alternative hydrogen-based fuels and Power to X products. It operates a comprehensive hydrogen infrastructure, which includes production facilities, distribution systems, and fueling stations, ensuring a competitive supply for both mobility and industrial sectors. Founded in 2017 and headquartered in Herning, Denmark, Everfuel is a subsidiary of E.F Holding A/S.

DRONAMICS

Grant in 2022
DRONAMICS is a cargo drone airline that develops drone technology for cargo transportation and logistics operations. The company is building an air cargo ecosystem to cater to the requirements of individuals and industries across the globe. This mobility solution, driven by long-range cargo drones, delivers savings in time, costs, and carbon emissions.

FORVIA

Grant in 2022
Forvia is an automotive technology company headquartered in Nanterre, France, specializing in vehicle interiors and emission control technologies aimed at promoting sustainable mobility. Founded in 1997, Forvia collaborates closely with automakers to create vehicles that are cleaner, lighter, more comfortable, and customizable. The company focuses on innovation to enhance the driving experience while addressing environmental concerns in the automotive sector.

Kraftwerk Group

Grant in 2017
Kraftwerk is a renewable energy company based in Germany, founded in 2016. The company specializes in developing innovative fuel cell technology that directly converts various fuels, including natural gas, liquefied gas, gasoline, and kerosene, into electricity. This technology enables the creation of lightweight and highly efficient energy sources suitable for a wide range of applications. Kraftwerk's fuel cells can be utilized in transportation, including e-bikes, passenger vehicles, light commercial vehicles, motorhome RVs, and medium-duty trucks. Additionally, they are applicable in stationary and portable systems, serving small to mid-size applications such as portable power, emergency power, waste-to-energy solutions, and IoT charging. The company aims to advance clean energy solutions across various sectors.

TransfoElectric

Grant in 2014
TransfoElectric is a high-tech startup located in Riga, Latvia, specializing in wireless charging technology for electric vehicles. The company focuses on developing innovative wireless power transfer methods, offering solutions that include home chargers, public wireless charging stations, and receiver modules for electric vehicles. Additionally, TransfoElectric is working on dynamic wireless charging spots for en-route use and wireless charging surfaces for various consumer products. By providing accessible cordless energy solutions, the company aims to enhance the convenience and efficiency of electric vehicle charging and other applications.
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