Green Car Congress

DECEMBER 4, 2019

Daimler Mobility AG and Geely Technology Group, a subsidiary of Zhejiang Geely Holding Group (Geely Holding), unveiled the premium ride-hailing provider StarRides in China with inaugural services to begin in Hangzhou in December 2019. StarRides will expand to other major cities in China starting in 2020.

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China Chinese Store Google 150

Green Car Congress

OCTOBER 21, 2021

Allison Transmission will participate in the initial public offering (IPO) of Jing-Jin Electric (JJE), a leader in electric motor, inverter, and integrated electrified propulsion systems within China—the largest electric vehicle market in the world. US$42 million). Earlier post.).

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North America China Michigan 2008 186

Green Car Congress

APRIL 7, 2014

IFC, a member of the World Bank Group, and the largest global development institution focused exclusively on the private sector, together with the Westly Group, a venture capital firm based in Menlo Park, California, led the financing.

China 240

China Companies Asia Financing 240

Green Car Congress

JANUARY 31, 2022

LGES is the second largest battery maker in the world with over 20% market share1 and supplies its products to leading global Original Equipment Manufacturers (OEMs). LGES is currently manufacturing lithium-ion batteries in Poland, US, China, and South Korea, and is looking at expanding its production capacity.

Energy 150

Energy South Korea Poland Lithium Ion 150

Green Car Congress

MARCH 29, 2011

Global clean energy finance and investment grew significantly in 2010 to $243 billion, a 30% increase from the previous year. China, Germany, Italy and India were among the nations that most successfully attracted private investments, according to new research released by The Pew Charitable Trusts. Click to enlarge.

2010 236

2010 Clean Cleaning Global 236

Green Car Congress

MAY 11, 2016

PSA Group and Dongfeng Motors (DFM) have deepened their strategic partnership with the signing of a new agreement to design an electric version of the Common Modular Platform (CMP), which they have been developing jointly since April 2015. PSA Peugeot Citroën and Dongfeng Group (DFG) entered their strategic partnership in March 2014.

2019 150

2019 Design Global Motor 150

Green Car Congress

MARCH 21, 2016

Between now and 2020, GM and its joint ventures plan to roll out more than 60 new and refreshed models in China, including 13 this year, with a strong focus on SUVs, MPVs and luxury vehicles. Continued strong demand by customers generated record vehicle deliveries, which helped China remain GM’s largest market. Earlier post.).

GM 150

GM China Cadillac Vehicles 150

Green Car Congress

NOVEMBER 21, 2014

The Volkswagen Group will invest a total of €85.6 billion (US$106 billion) in new models, innovative technologies and its global presence in its Automotive Division over the coming five years. This will allow the Volkswagen Group systematically to continue its model rollout with a view to tapping new markets and segments.

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Poland 2018 2019 2015 317

Green Car Congress

JULY 12, 2021

Enedym, a switched reluctance motor (SRM) spinout from McMaster University, closed a $15-million financing round from an international group of strategic investors within the US, Canada, Europe, and India, including P&A Paletta Giving Inc., TRIO Capital Group Inc., Napino Group, KWG Capital Inc.,

Motor 321

Motor Motors Motoring Wind 321

Green Car Congress

OCTOBER 30, 2020

With support from Mitsubishi Corporation’s Urban Development Group, the corporation sees a key role for wireless charging and autonomy in the future of smart cities around the world. —Mitsumasa Icho, Executive Vice President, Group CEO, Urban Development Group, Mitsubishi Corporation.

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Mitsubishi Corporation Standards Charging 334

Green Car Congress

MARCH 25, 2010

Vehicles sold to fleet owners in various countries worldwide including the USA, Australia, Canada and China will be included in the WCP. It was established to provide a global standard and validation and verification program for voluntary greenhouse gas offsets.

Financing 199

Financing Carbon Transportation Standards 199

Baua Electric

MARCH 15, 2024

That’s been the thinking of leaders from developed countries, who’ve been seeking ways to China-proof the market for lithium , the light metal that’s essential for high-performance rechargeable power packs. billion) into a financing facility to support exports. It’s not hard to see why China has a decisive advantage here.

China 52

China Supplies Auto Chile 52

Green Car Congress

MAY 25, 2016

At its Innovation Day event, PSA Group presented its new electrification strategy. PSA Group is consolidating the development of its models on two global modular platforms—CMP and EMP2—allowing it to offer a wide range of internal combustion, electric and plug-in hybrid gasoline models from 2019.

PHEV 170

PHEV Hybrid Future Electric Vehicles 170

Green Car Congress

NOVEMBER 22, 2013

The Volkswagen Group will invest a total of €84.2 The Group will spend €41.2 This will allow the Volkswagen Group systematically to continue its model rollout with a view to tapping new markets and segments. In particular, the Group will continue to press ahead with the development of hybrid and electric motors.

China 199

China Germany 2018 2014 199

Green Car Congress

FEBRUARY 19, 2014

China’s Dongfeng Motor Group (DFG) will invest at least €800 (US$1.1 The investment also marks a strengthening and deepening of the existing industrial and commercial partnership between PSA and DFG, China’s second largest carmaker. billion) in France-based PSA Peugeot Citroën as part of a €3-billion (US$4.13-billion)

Industrial 236

Industrial Industry Motor Motors 236

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. Ideanomics is a global Financial Technology (Fintech) company for transformative industries.

Vehicles 170

Vehicles Mongolia Financing Maintenance 170

Green Car Congress

JULY 14, 2021

Volkswagen Group executives laid out the basics of the new Group strategy “NEW AUTO – Mobility for Generations to Come”, which will see the Group realign from being a from vehicle manufacturer to a leading, global software-driven mobility provider. SSP: The next generation of mechatronics platform.

Manufacturer 435

Manufacturer Auto Fleet Future 435

Green Car Congress

JANUARY 10, 2020

IONITY, a joint venture of BMW Group, Daimler AG, Ford Motor Company, as well as the Volkswagen Group with Audi and Porsche, has to date opened 202 charging sites across 18 European markets. To finance the necessary chargers, the analysis estimates Europe needs €20 billion over the next 11 years, or €1.8

Europe 243

Europe Financing DC Switzerland 243

Green Car Congress

NOVEMBER 13, 2019

China-based Xpeng Motors has closed a US$400-million Series C capital funding from a group of strategic and institutional investors. Xiaomi Corporation, a global leader in the technology and consumer electronics sector, is joining as a strategic investor. Xpeng Motors is headquartered in Guangzhou, China.

Chinese 199

Chinese Motor Motors Motoring 199

Green Car Congress

JUNE 1, 2018

The investor group is led by Weifu High-Technology Group Co., The Series E financing proceeds will support Protean’s on-going business activities and help to establish a global licensing model covering all key markets. Operating since 1958 in China, Weifu Group leads in automotive fuel intake and exhaust systems.

Companies 170

Companies United Kingdom Electric Electrical 170

Green Car Congress

MAY 3, 2011

and Saab Automobile AB (Saab Automobile) have signed an agreement with Hawtai Motor Group Company Limited (Hawtai). Our driver-oriented vehicles appeal to a whole new group of independently thinking customers who appreciate Saab’s advanced designs, safety and responsible performance. Spyker Cars N.V.

Automobile 186

Automobile Motor Motors Motoring 186

Green Car Congress

NOVEMBER 19, 2013

Daimler AG is taking a major step forward in its China strategy with the closing of the company’s 12% investment in long-standing partner BAIC Motor, the passenger car unit of Beijing Automotive Group (BAIC Group), one of the top automotive companies in China. Daimler in China. million vehicles in 2012.

Chinese 259

Chinese Companies Mercedes Motor 259

Green Car Congress

MARCH 11, 2022

To boost the global production capacity of green methanol, A.P. Maersk will keep on working with a wide-ranging group of leading companies on these and further projects to accelerate the urgent transition to green energy. CIMC ENRIC, a subsidiary of CIMC (China). CIMC ENRIC will develop bio-methanol projects for Maersk in China.

Green 199

Green Companies Switzerland Denmark 199

Green Car Congress

JANUARY 24, 2011

Airline executives continue to express concern about rising fuel costs, according to a new global aerospace study released today by CIT Group Inc., a leader in transportation finance. Regional consolidation is expected to be most prevalent (30%), followed by alliance (25%), global (24%) and emerging markets (21%).

Global 199

Global Fuel Financing Fleet 199

Green Car Congress

FEBRUARY 10, 2018

A key element in DiDi’s strategy is building a smart transportation ecosystem to capture future opportunities, with global expansion through alliances with regional partners. Currently DiDi has established partnerships with about 500 taxi operators in China. Source: DiDi. Click to enlarge.

Taxi 186

Taxi Japan Industrial Industry 186

Green Car Congress

JUNE 15, 2012

China-based Shengquan Group and Novozymes finalized an enzyme supply deal for the production of cellulosic ethanol. —Yi Lin Tang, Chairman and President of Shengquan Group. Shengquan Group is based in the city of Jinan in Shandong province, where Novozymes opened its new innovation and business center last week.

Supplies 281

Supplies Denmark Production China 281

Green Car Congress

MAY 27, 2015

At Consumer Electronics Show Asia, Ford launched a strategic collaboration with Haier (home appliance), Trina Solar (solar power) and Delta Electronics (power management) to introduce MyEnergi Lifestyle ( earlier post ) to China, a holistic approach for lowering the energy costs and carbon footprint of Chinese families.

Solar 150

Solar Ford China Chinese 150

Green Car Congress

APRIL 29, 2016

In his remarks at the Annual Media Conference, where the Group presented 2015 results, Matthias Müller, Chairman of the Board of Management of Volkswagen AG, said that 2016 will be a year of transition for Volkswagen, and will also see the accelerated transformation of the company. The Volkswagen Group delivered 9.9 Earlier post.)

2015 150

2015 2016 Sale Russia 150

Baua Electric

APRIL 30, 2024

Volkswagen Group released its financial numbers for Q1 2024 today, following similar trends from other EU-based automakers. Despite a 20% decrease, the Group remains optimistic that it will end the year at its financial targets. EV sales were up in China (+91% YOY) but stumbled in Volkswagen’s native Europe (-24%) and the US (-16%).

South America 52

South America Audi Sale IDEA 52

Green Car Congress

MAY 21, 2020

The technology has been vetted and validated, technically and financially, by leading global institutions including the US Export-Import Bank, Barclays and Deutsche Bank, and Shell New Energies’ gasification experts. —Hanna Breunig, PhD, of Lawrence Berkeley National Laboratory’s Sustainable Energy Systems Group.

Waste 448

Waste Hydrogen Green California 448

Green Car Congress

JULY 8, 2010

General Motors and Pacific Century Motors (PCM), an entity formed by The Tempo Group and E-Town, an affiliate of the Beijing Municipal Government, have reached an agreement for GM to sell GM Global Steering Holdings, LLC, commonly known as Nexteer, to PCM. Terms of the sale were not disclosed. Headquartered in Saginaw, Mich.,

GM 186

GM Sale Motor Motors 186

Green Car Congress

JUNE 26, 2012

Launched at the Rio+20 summit in Brazil, the Global Initiative for Resource-Efficient Cities is intended to work with local and national governments, the private sector and civil society groups to promote energy efficient buildings, efficient water use, sustainable waste management and other activities.

Transportation 236

Transportation Global Brazil Waste 236

Green Car Congress

MAY 22, 2016

China’s Zhejiang Geely Holding Group (ZGH) has raised $400 million through the first Green Bond sale on the offshore market from a Chinese automobile company to support the design, development and production of range-extended electric vehicles by its UK subsidiary, the LondonTaxi Company (LTC), manufacturer of the iconic London Black Cab.

London 170

London Taxi Green Range 170

Green Car Congress

MARCH 6, 2021

In implementing data-based business models, the company is seeking to attract new groups of customers and tap additional sources of income. The company’s high volumes will ensure the necessary scaling of the software in the Group. In the United States and China, the brand is targeting an EV share of more than 50% in the same period.

South America 397

South America United States All-Electric America 397

Green Car Congress

JULY 22, 2009

Green Car Congress attended the Renewable Energy Finance Forum - Wall Street (REFF-Wall Street) conference (23-24 June) sponsored by Euromoney Energy Events and the American Council on Renewable Energy (ACORE). China continues to defy easy classification. The US is in a race for global dominance in the new energy economy with China.

Financing 150

Financing Renewable Stimulus Package Energy 150

Green Car Congress

FEBRUARY 11, 2014

Continental has concluded an agreement with The Carlyle Group relating to the purchase of Veyance Technologies Inc. Veyance operates globally in the field of rubber and plastics technology and in 2013 recorded sales of approximately €1.5 The acquisition can be financed from cash and available credit lines. for approximately €1.4

Africa 199

Africa Financing Sale 2013 199

Green Car Congress

DECEMBER 20, 2016

Volvo Cars has raised SEK5 billion (US$533 million) from the sale of newly-issued preference shares to a group of Swedish institutional investors. The group of investors comprises two Swedish pension funds, AMF and the First Swedish National Pension Fund (AP1), as well as Folksam, a Swedish insurance company.

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Volvo Cars Sale Europe 150