GCC Consulting

Toyota North America Secures $4.5M DOE Grant to Advance EV Battery Recycling

XOCEAN, a leader in low-carbon ocean data services, has raised €115 million to expand its fleet of uncrewed surface vessels (USVs) globally and support innovation in offshore wind, carbon capture, asset integrity, and civil hydrography. These remotely operated vessels emit 99.9% less CO2 than traditional ships, aligning with the growing demand for sustainable solutions in the blue economy, which is driven by rapid offshore wind growth and infrastructure inspection needs. Operating in 23 jurisdictions, XOCEAN has collected 4.9 million gigabytes of data and supported 48.6 GW of offshore wind projects for clients like Shell, Ørsted, and SSE Renewables. Backed by investors such as S2G Ventures, Climate Investment, and Morgan Stanley, the funding will accelerate XOCEAN’s mission to deliver sustainable, efficient, and low-impact ocean data services while further decarbonizing the sector. Resources: https://esgnews.com/toyota-north-america-secures-4-5m-doe-grant-to-advance-ev-battery-recycling/

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