Mitsubishi

Quaise Energy Raises $21 Million to Accelerate Terawatt-Scale Deep Geothermal Energy

New funding will expand field operations and secure supply chain toward clean energy abundance CAMBRIDGE, Massachusetts—Quaise Energy, the company unlocking terawatt-scale geothermal, announced today the closing of a $21 Million Series A1 financing round led by Prelude Ventures and Safar Partners. Mitsubishi Corporation and Standard Investments are among several new … [continued]

Canadian Lithium Project Gets Mitsubishi Investment

Lithium, lithium, lithium — that’s what much of the electric vehicle revolution is about now. Dramatic electric vehicle sales growth is built on dramatic increases in battery mineral extraction and processing. So, big EV mineral news is big EV news … eventually. The news this week on this front is … [continued]

US Auto Industry Down 8% Since 2019

It’s time for another one of our quarterly US auto sales reports. No other media outlet compares US auto industry trends with as much history and depth as we do in these. First, before getting into the automaker comparisons for the second quarter of 2023 versus the second quarters of … [continued]

Mitsubishi To Showcase Latest Outlander PHEV At PNW Electrify Expo. Is It A Day Late…

In 2023, plug-in hybrid electric vehicles (PHEVs) are often regarded as a backward technology. They have a limited electric range compared to most of today’s battery-electric vehicles (BEVs). While BEVs can travel longer distances solely on electric power, PHEVs rely heavily on their internal combustion engines for longer journeys, and … [continued]