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Ford, Ford Credit introduce sustainable financing framework prioritizing EV, clean production, community investments

Green Car Congress

Ford Motor Company and its financing subsidiary, Ford Motor Credit Company, introduced the North America auto industry’s first sustainable financing framework, focusing on and paying for ambitious plans in vehicle electrification and other environmental and social areas. Vigeo Eiris, an arm of Moody’s Corp.,

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Aemetis RNG production exceeds plan by 20% during Q2 2023

Green Car Congress

Aemetis, a renewable natural gas (RNG) and renewable fuels company focused on negative carbon intensity products, announced that its Aemetis Biogas subsidiary is operating the Central Dairy Project production facilities 24 hours per day, seven days per week, and has exceeded the RNG production plan by approximately 20% during Q2 2023.

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SGH2 building largest green hydrogen production facility in California; gasification of waste into H2

Green Car Congress

Energy company SGH2 is bringing the world’s biggest green hydrogen production facility to Lancaster, California. The City of Lancaster will host and co-own the green hydrogen production facility, according to a recent memorandum of understanding. Hydrogen can also reduce and potentially replace natural gas in all applications.

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Ford cutting F-150 Lightning production workforce by two-thirds

Teslarati

Ford is cutting its F-150 Lightning production workforce by two-thirds as the company continues to try and ramp manufacturing of electric vehicles and work toward profitability. This amounts to 700 production employees. “Their intentions were to build 180,000-plus units. The remaining third of workers will remain on-site.

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Porsche strengthens commitment to industrial production of eFuels with $75M investment in HIF Global

Green Car Congress

Porsche is investing US$75 million in HIF Global LLC, a holding company of internationally active project developers of eFuel production facilities. Among other projects, the Santiago de Chile-based company is building the Haru Oni eFuel pilot plant in Punta Arenas (Chile). Earlier post.). Punta Arenas pilot plant under construction.

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TECO 2030 to set up giga factory for production of hydrogen fuel cells in Narvik, Norway

Green Car Congress

TECO 2030 ASA plans to establish Norway’s first large-scale production of hydrogen-based fuel cells in Narvik in Northern Norway. Through the initiative in Narvik, the company contributes to the Norwegian government’s ambition that Norway should build a complete value chain for the utilization of hydrogen as an energy carrier.

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Synhelion raises CHF 22M (US$23.6M) to support scaling of solar fuel production

Green Car Congress

million) in another financing round. Synhelion has developed a solar thermal process for the production of syngas, which is then used in standard industrial processes to synthesize liquid fuels, such as kerosene, gasoline, or diesel, that are compatible with conventional jet engines and internal combustion engines. Solar Upgrading.

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