Electric vehicles don’t only move people, they move companies too. And Volkswagen is making big moves when it comes to investing in battery-powered vehicles.

According to an article in AXIOS written by Eric Wachsman, director of the Maryland Energy Innovation Institute at the University of Maryland, founder of Ion Storage Systems, and 3rd vice president of the ECS board of directors, in June alone, Volkswagen invested $100 million in QuantumScape, a solid state battery startup. And now, the car company is considering building a factory in Europe to produce solid state batteries, a next-generation battery technology, to power their electric vehicles. Volkswagen isn’t alone. Solid-electrolyte batteries are getting international attention from companies like Toyota, Nissan, Dyson, and BMW, who’ve all made similar investments. (more…)

Recently, fuel cells have been the hot topic in energy discussions. In accordance with this, Toyota has introduced its first mass-market fuel cell car that will be available for purchase next month.

The company is calling the four-seat sedan Mirai, which means “future” in Japanese. The car will first go on sale in Japan on December 15th, followed by sales in the United States and Europe in the fourth quarter of 2015.

This from Reuters:

The ultimate “green car”, fuel cell vehicles (FCVs) run on electricity made by mixing hydrogen fuel and oxygen in the air – a technology first used in the Apollo moon project in the 1960s. Its only by-product is heat and water – water so pure the Apollo astronauts drank it.

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