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Lishen and ZAP in strategic alliance; funding for several thousand EV conversions in US

Green Car Congress

ZAP will begin financing discussions with fleet operators pending successful completion of the trial which is likely to run through the winter season. ZAP plans to utilize this financing alliance to pursue other volume fleet opportunities in the Americas and SE Asia.

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Bankers ponder Tesla margin loans to replace Musk’s high-interest Twitter debt: report

Teslarati

billion were part of Musk’s initial financing package for Twitter. As per the publication’s sources, the current conversations between the bankers and Musk’s advisers have so far been focused on how to replace the $3 billion in unsecured debt on which Twitter pays an interest rate of 11.75%.

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Apex Clean Energy ordering 19 electrified F-series pickups from XL Fleet

Green Car Congress

Apex is a leading clean energy company that develops, constructs, and operates utility-scale wind and solar power facilities throughout North America. Enterprise is a leading full-service provider of fleet management capabilities, including vehicle acquisition, financing, maintenance and more.

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MEG expanding heavy-duty electric truck efforts; succsessful testing of mine vehicle

Green Car Congress

After in-depth conversation and research, conducted by MEG and our partners, with two of China’s leading mining provinces, Inner Mongolia and Yunnan, we have determined that they have a combined sales target for heavy trucks and the required batteries of approximately US$14 billion (RMB100 Billion) over the next three years.

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TEMO’s easy-to-install electric outboard motors make DIY e-boats simple

Baua Electric

The proliferation of e-bikes started with easy-to-install conversion kits that allowed riders to take their existing bicycle and convert it into an electric bike. With the Series A funds, we will accelerate our product roadmap and distribution, including in North America.” Now, electric boats are charting a similar path.

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GE Capital and Clean Energy form strategic alliance to accelerate adoption of natural gas in trucking industry

Green Car Congress

GE Capital’s Transportation Finance business and Clean Energy Fuels Corp., the largest provider of natural gas fuel for transportation in North America, have entered into a strategic alliance to accelerate the conversion of heavy-duty trucking fleets from diesel to cleaner-burning, less-expensive natural gas.

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Siluria Technologies raises $30M in Series C to commercialize its OCM process for converting natural gas into commodity chemicals and transportation fuels

Green Car Congress

Siluria Technologies, a startup developing novel catalysts for the oxidative coupling of methane (OCM) reaction to produce ethylene (C 2 H 4 ) directly from methane (CH 4 ) with high performance at low temperatures ( earlier post ), has closed its Series C financing, raising $30 million. Earlier post.). To date, Siluria has raised $63.3

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