Green Car Congress

JANUARY 28, 2022

ABB initially acquired a 10% stake through its investment in the Series A venture capital funding round in 2020 and has now increased its interest to approximately 60% of InCharge Energy’s issued share capital. Its innovative service models offer subscription solutions such as software-as-a-service and fully financed charging-as-a-service.

Fleet 408

Fleet Energy Financing Canada 408

Green Car Congress

MAY 31, 2021

The report finds that annual investments in nature-based solutions (NbS) will have to triple by 2030 and increase four-fold by 2050 from the current investments of $133 billion (using 2020 as base year). —“State of Finance for Nature”. A total investment of $8.1 Nature currently only accounts for 2.5%

Financing 296

Financing Climate Stimulus Climate Change 296

Green Car Congress

JANUARY 21, 2023

FUREC receives funding from the EU Innovation Fund, which is 100% financed by the EU Emissions Trading System (ETS). The Fund is expected to provide around €38 billion of support for the commercial demonstration of innovative low-carbon technologies over the period 2020-2030.

Waste 448

Waste Hydrogen Grant Netherlands 448

Green Car Congress

NOVEMBER 10, 2020

Inventory financing will be provided by Hitachi Capital America as part of Workhorse’s previously announced strategic partnership with HCA. Separately, Workhorse management announced that it would not meet its earlier projected target of 300-400 vehicles to be produced by the end of 2020. Workhorse Group Inc.

Purchase 418

Purchase Companies Financing Electric 418

Green Car Congress

APRIL 2, 2021

Existing investors Breakthrough Energy Ventures, Ecosystem Integrity Fund, Summa Equity, Shell Ventures, and SYSTEMIQ also participated in the financing. This new round accelerates the larger hydrogen-electric engine development for the 50+ seat aircraft and supports additional commercial airlines initiatives to adopt hydrogen in aviation.

Hydrogen 376

Hydrogen Commercial Electric Electrical 376

Green Car Congress

MAY 3, 2022

Source: Graph by the US Energy Information Administration, based on data from Japan’s Ministry of Finance, China’s General Administration of Customs, South Korea’s Customs Institute, India’s Directorate General of Commercial Intelligence and Statistics, and Taiwan’s Ministry of Finance via Global Trade Tracker.

China 273

China Qatar United States Malaysia 273

Green Car Congress

DECEMBER 1, 2019

The battery system will be commissioned in summer 2020 at the Rocklunda charging station and will be Mälarenergi’s first to be co-located alongside EV charging infrastructure. The partnership with Mälarenergi represents our first commercial deployment, showcasing how batteries can be a part of the solution of the future grid.

Energy Storage 390

Energy Storage Energy Charging Batteries 390

Green Car Congress

MAY 20, 2022

Co-ordinated through ABB EL Ventures, the investment forms part of ChargeLab’s $15-million Series A financing. ABB E-mobility first partnered with ChargeLab in 2020. In addition to this financing, ABB and ChargeLab have signed a partnership agreement to develop next-generation software solutions for ABB charging stations.

Financing 199

Financing DC Google Canada 199

Green Car Congress

OCTOBER 27, 2018

Our goal is to complete the plant by the end of 2020, with commercial production commencing at the start of 2021. —Janne Palosaari, Chief Commercial Officer. Terrafame is also planning to start the recovery of natural uranium and its commercial utilization. —Joni Lukkaroinen, CEO of Terrafame.

Commercial 223

Commercial Production Batteries Battery 223

Green Car Congress

JULY 1, 2021

Ultracapacitor developer and manufacturer Skeleton Technologies closed a further €29 million in its Series D financing. The total financing in Round D now amounts to €70.4 —Taavi Madiberk, CEO and co-founder of Skeleton Technologies. This additional internal funding follows the initial €41.3-million million.

Estonia 186

Estonia Financing 2009 Germany 186

Green Car Congress

SEPTEMBER 10, 2020

According to GlobalData, more than 160GW of fresh nuclear capacity will be added globally between 2020-2030 out of which about 66% of this capacity addition is anticipated to take place in China, India and Russia. These pipeline projects are either in the permitting phase, financing phase or are under construction.

China 334

China Russia India Taiwan 334

Green Car Congress

DECEMBER 13, 2013

The integration of Flybrid and Torotrak provides a platform for a joint development and commercial launch of M-KERS, Torotrak said. The group intends to exploit what it sees as a market window from 2015 to 2020 in which new technologies are being demanded to achieve new EU CO 2 targets applying to vehicle manufacturers’ overall fleets.

2015 247

2015 Commercial Financing Hybrid 247

Green Car Congress

JULY 4, 2022

In the IEA’s global pathway to reach Net Zero Emissions by 2050, nuclear power doubles between 2020 and 2050, with construction of new plants needed in all countries that are open to the technology. Government financing will remain necessary to mobilise new investment, not just for plants but also to develop the latest technologies.

Russia 458

Russia Power Powered Emissions 458

Green Car Congress

SEPTEMBER 1, 2021

The project, known as Joint Electric Truck Scaling Initiative, or JETSI, is the largest commercial deployment of battery-electric trucks in North America to date. This is the first battery-electric truck project jointly financed by CARB and the CEC, and the largest investment of its kind.

California 334

California Los Angeles North America Batteries 334

Green Car Congress

NOVEMBER 8, 2012

Antonio Tajani, Vice President of the European Commission in charge of Industry and Entrepreneurship, introduced the EC’s CARS 2020 Action Plan aimed at reinforcing the European automotive industry’s competitiveness and sustainability heading towards 2020. of around 16% of GDP to as much as 20% by 2020. —“CARS 2020”.

Auto Industry 231

Auto Industry 2020 Industrial Industry 231

Green Car Congress

JULY 27, 2021

Debuting last year in Switzerland, XCIENT Fuel Cell has proven its commercial viability through more than one million kilometers of driving in real-world conditions. This will be the largest commercial deployment of Class 8 hydrogen-powered fuel cell trucks in the US. 30 XCIENT Fuel Cell trucks in northern California by early 2023.

Hyundai 243

Hyundai California Fuel Hydrogen 243

Green Car Congress

FEBRUARY 18, 2022

To put that into perspective, in 2020 the average person worldwide generated about 150 gigabytes per day. Extrapolating these numbers implies the annual global datasphere will surge from 64 zettabytes in 2020 to an eye-popping 10,000 to 15,000 zettabytes in 2035—just from self-driving vehicles. 4% of the data created?

Market 210

Market Las Vegas Vehicles Store 210

Green Car Congress

JANUARY 11, 2021

announced that commercial development work has commenced for the first phase of key design and engineering of next-generation vanadium redox flow-battery systems (VRFB Battery) for marine propulsion applications. VanadiumCorp Resource Inc.

Mariner 428

Mariner Batteries Battery Netherlands 428

Green Car Congress

SEPTEMBER 23, 2021

6K, a developer of microwave plasma technology for the production of advanced materials for energy storage and additive manufacturing powders ( earlier post ), closed a $51M Series C financing round.

Manufacturer 170

Manufacturer Global Batteries Battery 170

Green Car Congress

APRIL 3, 2021

Hercules is commencing the Series A financing to support product development and add team members; the company currently is scouting locations for production of its components, including solid-state batteries. In September 2020, Hercules announced an exclusive agreement with Toronto-based Worksport Ltd.,

Li-ion 365

Li-ion Batteries Battery Lithium Ion 365

Green Car Congress

JULY 15, 2020

Announced in January 2020 by US Secretary of Energy Dan Brouillette, the Energy Storage Grand Challenge (ESGC) is a comprehensive program to accelerate the development, commercialization, and utilization of next-generation energy storage. Responses to this RFI will be due 21 August 2020.

Energy Storage 300

Energy Storage Energy United States Financing 300

Green Car Congress

SEPTEMBER 24, 2022

GM Ventures, the automaker’s investment arm, has made a strategic investment in Lithion Recycling’s Series A financing round, supporting a new GM-Lithion strategic partnership agreement to pursue a circular battery ecosystem using Lithion’s advanced battery recycling technology.

GM 218

GM Companies Batteries Battery 218

Green Car Congress

APRIL 14, 2021

Transit agencies, universities, and other commercial operators can now purchase Proterra battery-electric buses as well as Proterra charging infrastructure through the Washington State Cooperating Purchasing program’s pre-established contract.

Washington 170

Washington Energy Storage Purchase Electric 170

Green Car Congress

MARCH 6, 2021

The company has validated its competitive advantage in real-life applications and has shown strong commercial traction. The cooperation with Marubeni covers Asia, excluding China and India, and will offer new resources to commercialize Skeleton’s graphene-based SuperBattery. million ($48.5

Market 257

Market Lithium Ion Energy Storage Hydrogen 257

Green Car Congress

NOVEMBER 20, 2017

Mercedes-Benz Vans will offer electric drive options on all its commercial van model lines. The commercial model ranges with electric drive will thus cover all requirements from people moving to goods transport. A commercial fleet must be able to meet transport needs economically and competitively, regardless of the type of powertrain.

Mercedes 170

Mercedes All-Electric 2019 Commercial 170

Green Car Congress

OCTOBER 24, 2019

Ideanomics’ Mobile Energy Group (MEG) is expanding its activities with heavy-duty electric trucks as part of an ongoing effort to identify commercial vehicle activities where significant pollution reduction can be achieved by eliminating fossil fuels.

Vehicles 170

Vehicles Mongolia Financing Maintenance 170

Green Car Congress

APRIL 24, 2022

Korea-based POSCO Holdings recently started construction of a lithium commercialization plant in Argentina. Operation of the lithium plant and financing will be 100% carried out by POSCO Argentina, a subsidiary of POSCO Holdings. Earlier post.) The total investment cost is about US$830 million (about KRW 0.95 million tons based on 2.2

Argentina 333

Argentina Global Batteries Battery 333

Green Car Congress

JUNE 23, 2011

Labelled “Biofuel Flightpath”, the initiative is a roadmap with clear milestones which targets an annual production of two million tonnes of sustainably produced biofuel for aviation by 2020. Establish financing structures to facilitate sustainable biofuel projects. produced from lignocellulosic biomass.

2020 231

2020 Oil Europe Hydrogen 231

Green Car Congress

JUNE 3, 2022

SafeAI and Obayashi originally announced their partnership in October 2020, beginning with a pilot site in Cupertino. Combined with creative financing models and rigorous focus on safety, there could be as many retrofitted zero emission heavy vehicles as newly built zero emission heavy vehicles by 2030.

Emissions 397

Emissions Industrial Industry Vehicles 397

Green Car Congress

OCTOBER 9, 2018

The plant is set to start commercial production in the third quarter of 2020 with an annual capacity of 340 million square meters of polymer lithium-ion battery separator (LiBS) and 130 million square meters of ceramic-coated separator (CCS), SK Innovation said. SK Innovation will invest 400 billion won (US$353.8

Li-ion 236

Li-ion Lithium Ion China Building 236

Green Car Congress

SEPTEMBER 10, 2018

Farasis Energy, a global developer and manufacturer of lithium-ion cells, modules and large battery systems, recently completed C-round financing exceeding 1 Billion US dollars. The compay will use the capital raised to accelerate the expansion of its global automotive battery manufacturing infrastructure.

Li-ion 239

Li-ion Manufacturer Global Batteries 239

Green Car Congress

NOVEMBER 17, 2018

The Volkswagen Group is working consistently on improving earnings at all brands and companies in order to finance the enormous challenges of the future from its own resources. The net cash flow target of a minimum of €10 billion by 2020 remains valid. The net cash flow target of a minimum of €10 billion by 2020 remains valid.

Czech Republic 286

Czech Republic 2020 Ford 2019 286

Green Car Congress

MARCH 8, 2021

Silmet has been separating rare earths into commercial value-added products for more than 50 years. Energy Fuels will produce its RE Carbonate from natural monazite sands supplied by US-based Chemours Company under a sales agreement between Energy Fuels and Chemours that was announced on 14 December 2020.

Energy 186

Energy Fuel Production Estonia 186

Green Car Congress

JULY 13, 2015

Hence, once construction of the Ghent flagship plant is complete and the commercial viability of the project is proven, the intention is to construct further plants across ArcelorMittal’s operations. Financing will be sought from a number of different sources. Earlier post.). million gallons US, 60 million liters) per year of ethanol.

Waste 150

Waste Commercial Gas Building 150

Green Car Congress

MAY 31, 2011

(CPV); GE Energy Financial Services; and Diamond Generating Corporation (DGC), a wholly-owned subsidiary of Mitsubishi Corporation, co-owners of the planned $900-million CPV Sentinel power plant, have closed the largest project financing in the US thermal power industry this year for the facility to be built in Riverside County, Calif.

Financing 199

Financing Power Powered Los Angeles 199

Green Car Congress

MAY 18, 2021

a provider of fleet electrification solutions for commercial and municipal fleets, has acquired World Energy Efficiency Services, LLC (WEES) for total cash and stock consideration of approximately $16 million. World Energy generated $18 million of total revenue and was free cash flow positive for full-year 2020. XL Fleet Corp.,

Fleet 170

Fleet Charging Installation Financing 170

Green Car Congress

AUGUST 20, 2015

Both engineered methanotrophs present a unique series of challenges for commercial scale up, noted Intrexon in a presentation at the 2015 BIO World Congress in July. These positive attributes are driving investment in butanol plants which may reach $6 billion by 2020 according to Bloomberg New Energy Finance.

Gas 150

Gas Commercial Companies Conversion 150