TLDR:
Key Points:
- Chilean Startup Movener secures $2 million from SQM Lithium Ventures
- Movener introduces “Movener ePower Kit” for diesel to hybrid conversion, focusing on reducing fuel consumption and greenhouse gas emissions
Chilean Startup Movener has secured $2 million in funding from SQM Lithium Ventures to develop its “Movener ePower Kit” which converts diesel trucks into hybrid electric vehicles. This initiative aims to reduce carbon emissions and fuel use, aligning with global sustainability goals. Movener’s founder, Gonzalo Pacheco, has extensive experience in electromobility and plans to expand into the U.S. and Mexican markets. This investment marks SQM Lithium Ventures’ second venture in electromobility, reflecting its commitment to innovative technology and eco-friendly practices in the industry.
