Business

Amprius Technologies merges with Kensington Capital

David Sickels is the Editor of The Buzz. He has a history of working in the media, marketing and automotive industries in both print and online.

Published: September 18, 2022

Amprius Technologies, Inc. has completed its business combination with Kensington Capital Acquisition Corp. IV, a special purpose acquisition company. On Sept. 15, Amprius’ common stock began trading on the NYSE under the ticker symbol “AMPX” and Amprius’ public warrants will trade under the ticker symbol “AMPX.W.”

The transaction will result in gross proceeds of approximately $87 million to Amprius, the company says. Funds from the transaction are expected to support the company through the construction of its gigawatt hour-scale manufacturing facility.

Lime, Hight Logistics and Forum Mobility strike deal for zero-emissions EV shipping

Lime anticipates the agreement will shift more than 300 port-to-hub shipments to electric, zero-emission trucks annually.

By Christian Hinton

Published: April 8, 2024

Lime, Hight Logistics and Forum Mobility revealed a new deal for zero-emissions port-to-hub shipping for all Lime freight arriving in North America through the Ports of Los Angeles and Long Beach. Forum Mobility is providing electric trucks and charging to Hight Logistics, a family-owned drayage provider in Long Beach, CA. In 2023, nearly 50% of all of Lime's new vehicles and parts globally arrived through Los Angeles ports now covered under the agreement. Lime anticipates the agreement will shift more than 300 port-to-hub shipments to electric, zero-emission trucks annually.