Green Car Congress

APRIL 5, 2023

Group14 Technologies, a global manufacturer and supplier of advanced silicon battery technology, has begun construction of a second commercial-scale US Battery Active Materials (BAM-2) factory in Moses Lake, WA, in support of domestic efforts to advance the electric vehicle (EV) market.

Commercial 199

Commercial Batteries Battery Porsche 199

Green Car Congress

JANUARY 20, 2021

PACCAR and Aurora have signed a global, strategic agreement to develop, test and commercialize autonomous Peterbilt and Kenworth trucks. In the strategic partnership, PACCAR provides autonomous-enabled vehicles as well as aftermarket parts distribution, finance and other transportation solutions.

Peterbilt 397

Peterbilt Kenworth Commercial North America 397

Green Car Congress

APRIL 18, 2020

IHS Markit is forecasting that global commercial vehicle production (GVW 4-8) volumes in 2020 compared to 2019 will be down 22% (more than 650,000 units) to 2.6 Most commercial vehicle factories in mainland China have returned to production. million units, in the wake of the COVID-19 pandemic.

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2020 Commercial Global Production 191

Green Car Congress

JULY 30, 2021

million in new financing. Niron will use the funding to build its pilot production facility in Minnesota and accelerate the development of its Clean Earth Magnet technology. Niron is developing the first advanced manufacturing process for the mass production of the FeN permanent magnets.

Minnesota 482

Minnesota Commercial Clean Cleaning 482

Green Car Congress

DECEMBER 22, 2022

The new stufy combines analysis of investment opportunities focusing on three hubs: Mauritania - Morocco; southern Africa; and Egypt with a roadmap of technical, economic, environmental and financial solutions to unlock commercial development. The report was formally handed over to partners on 20 December.

Africa 481

Africa Mauritania Hydrogen Green 481

Green Car Congress

OCTOBER 15, 2021

The green hydrogen for the flight will be supplied using Universal Hydrogen’s modular fuel capsules that enable the delivery of hydrogen from the point of production directly to the aircraft using the existing freight network and airport cargo handling equipment without the need for any new infrastructure.

Hydrogen 397

Hydrogen Universal Financing Los Angeles 397

Green Car Congress

NOVEMBER 25, 2019

Group14 Technologies announced $18 million in new financing from Amperex Technologies Limited (ATL), Showa Denko (SDK), Cabot Corporation, BASF Venture Capital, and OVP Venture Partners. The new funds will be used to scale-up manufacturing of a next-generation silicon-carbon composite anode material and advance into commercial production.

Financing 243

Financing Carbon Li-ion Lithium Ion 243

Green Car Congress

MARCH 3, 2022

million units and secure 7% of global market share by 2030 by strengthening its line-up with 17 new BEV models by 2030; 11 for Hyundai models and 6 for Genesis luxury brand. The new Hyundai BEV models will include three sedan models, six SUVs, one light commercial vehicle as well as one new type model.

Hyundai 370

Hyundai Global Motor Motors 370

Green Car Congress

DECEMBER 19, 2022

million) in another financing round. The proceeds of the investment round will accelerate the company’s growth and support the scaling and commercialization of Synhelion’s solar fuels technology. It uses the same amount of CO 2 for fuel production as is released during fuel combustion. Solar Upgrading. Earlier post.).

Solar 210

Solar Fuel Production Carbon 210

Green Car Congress

MARCH 25, 2020

Funds from the strategic financing will be used to further accelerate the company’s product development activities, project deployments, and growth plans as the Company expands its technical leadership in medium and heavy-duty hydrogen fuel cell bus and trucking applications.

Transportation 276

Transportation Commercial Fuel Energy 276

Green Car Congress

MARCH 6, 2021

The technology can serve the fast-growing electrified vehicles and hydrogen transportation markets. The company has validated its competitive advantage in real-life applications and has shown strong commercial traction. million) Series D financing round announced by the company in November 2020. million ($48.5

Market 257

Market Lithium Ion Energy Storage Hydrogen 257

Green Car Congress

MAY 4, 2020

The A$300 million (US$193 million) Advancing Hydrogen Fund will be administered by the Clean Energy Finance Corporation (CEFC). The ARENA round is a $70-million grant program aiming to demonstrate the technical and commercial viability of hydrogen production at a large-scale using electrolysis. Source: CEFC.

Hydrogen 286

Hydrogen Financing Australia Renewable 286

Green Car Congress

DECEMBER 13, 2013

The US Department of Energy (DOE) has issued a Request for Information (RFI) ( DE-FOA-0001055 ) for light-duty fuel cell electric vehicles (FCEV) fueling infrastructure financing strategies within the context of an early market introduction. This function is often vertically integrated with hydrogen production.

Financing 270

Financing Light Fuel Hydrogen 270

Green Car Congress

JANUARY 28, 2022

The addition of InCharge Energy will strengthen ABB’s E-mobility Division in the North American market by broadening its customer base and expanding its fleet electrification software and digital services offering. InCharge Energy will maintain its leadership team and tech neutrality as it joins ABB’s E-Mobility Division.

Fleet 408

Fleet Energy Financing Canada 408

Green Car Congress

SEPTEMBER 1, 2023

Eos Energy, a provider of safe, scalable, efficient, and sustainable zinc-powered long-duration stationary energy storage systems, announced Project AMAZE (American Made Zinc Energy), a $500-million planned expansion and a significant milestone to build 8 GWh of clean energy storage production capacity.

Energy Storage 195

Energy Storage Energy Polymer Legal 195

Green Car Congress

FEBRUARY 23, 2022

Cummins has entered into a definitive agreement to acquire Meritor, a global leader of drivetrain, mobility, braking, aftermarket and electric powertrain solutions for commercial vehicle and industrial markets. Under the terms of the agreement, Cummins will pay $36.50 billion, including assumed debt and net of acquired cash.

Climate Change 429

Climate Change Commercial Financing Global 429

Baua Electric

APRIL 4, 2024

The commercial EV startup can now resume its work in delivering its electric last-mile trucks to customers this year. Volta Trucks is a UK-based commercial EV startup that spent nearly four years working toward initial deliveries of its flagship commercial truck, the Volta Zero.

Commercial 52

Commercial Austria France Purchase 52

Green Car Congress

MARCH 7, 2022

Inceptio Technology, an autonomous driving truck technology and operation company ( earlier post ), closed a US$188-million Series B+ equity financing. This round of financing was jointly led by Sequoia Capital China and Legend Capital. Existing investors Meituan, NIO Capital, Eight Roads, Broad Vision Funds, etc.

Companies 259

Companies Financing China Supplies 259

Green Car Congress

JANUARY 21, 2023

The CO 2 released during the hydrogen production is captured and can be stored or possibly used as a raw material by industry in the future. The hydrogen will either be marketed locally in the Chemelot industrial park or transported to industrial companies in Rotterdam and the Ruhr area.

Waste 448

Waste Hydrogen Grant Netherlands 448

Green Car Congress

MARCH 7, 2022

Pony.ai, a global autonomous driving technology company, has completed its first close of its Series D financing. We’re confident in our autonomous vehicle tech readiness as we rapidly scale toward robotaxi and robotruck commercialization and mass production. —Tiancheng Lou, Pony.ai co-founder and CTO.

Financing 199

Financing 2020 Commercial Global 199

Green Car Congress

MARCH 21, 2022

In an open access paper published in Nature Communications , researchers from the University of Wollongong in Australia report that their capillary-fed electrolysis cell demonstrates water electrolysis performance exceeding commercial electrolysis cells, with a cell voltage at 0.5 kWh/kg in commercial electrolysis cells).

Hydrogen 396

Hydrogen Energy Water Renewable 396

Green Car Congress

NOVEMBER 26, 2019

While the number of new clean power-generating plants completed stayed flat year-to-year, the volume of power derived from coal surged to a new high, according to Climatescope , an annual survey of 104 emerging markets conducted by research firm BloombergNEF (BNEF). The decline was not confined to China, however. billion and $2.7

Coal 243

Coal Clean Cleaning Financing 243

Green Car Congress

AUGUST 23, 2011

million in Series E financing through the sale of new shares and the conversion of previously issued promissory notes. The financing will be used to further grow customer adoption in key commercial markets, expand internationally and develop and commercialize new products.

Financing 210

Financing Power Powered Gas-Electric 210

Green Car Congress

DECEMBER 9, 2011

Longyear LLC, signed a non-binding letter of intent to support the construction of a commercial-scale wood-based cellulosic ethanol biorefinery in Kinross; at the time, construction was projected to begin this year. Valero will market the ethanol produced at the Kinross facility. In January, Valero invested in Mascoma ( earlier post ).

Financing 210

Financing Commercial Michigan Corporation 210

Green Car Congress

SEPTEMBER 11, 2014

Start-up Liquid Light, a developer of process technology to make major chemicals from low-cost, globally-abundant carbon dioxide ( earlier post ), has closed a $15-million Series B financing. The financing was completed at a significant increase in company valuation.

Financing 218

Financing Light Companies CO2 218

Green Car Congress

JULY 10, 2012

GE Capital’s Commercial Distribution Finance (CDF) business has agreed to provide Brammo Inc. with inventory financing to support the expansion of its dealer network in the US. CDF already provides inventory financing for other brands of alternative fuel and hybrid motorsports products.

Electric Motorcycles 230

Electric Motorcycles Financing Motorcycles North America 230

Green Car Congress

AUGUST 17, 2023

General Motors is leading a $60-million Series B financing round in Mitra Chem , a Silicon Valley-based, AI-enabled battery materials innovator. The company’s AI-powered platform and advanced research and development facility in Mountain View, California, will help accelerate GM’s commercialization of affordable electric vehicle batteries.

GM 195

GM Batteries Battery Companies 195

Green Car Congress

OCTOBER 20, 2022

This project will expand Anovion’s existing manufacturing capacity in Sanborn, NY—notably the only qualified US source of battery-grade synthetic graphite commercially shipping product today. Materials Separation & Processing (Cathode Minerals). Albemarle US , Kings Mountain Lithium Materials Processing Plant, $149,658,312.

Parts 459

Parts Batteries Battery Lithium Ion 459

Green Car Congress

JULY 18, 2021

The financing round will enable the company to scale from the batch processing of materials to commercial roll-to-roll production. Using this fundraise, NFW will scale its production to full commercial capacity and capitalize on its existing momentum to bring its alternative material to the market.

BMW 435

BMW Polymer Illinois Carbon 435

Green Car Congress

NOVEMBER 27, 2021

Cornish Lithium expects to benefit from TechMet’s deep knowledge of the battery metals supply chain and extensive commercial and strategic relationships. In addition, the Company will explore opportunities to generate complimentary commercial heat supplies in order to provide local businesses with low carbon energy.

Financing 419

Financing Water Li-ion Lithium Ion 419

Green Car Congress

FEBRUARY 22, 2023

to finance the development and production of low-carbon fuels and energy transition metals. In the coming years, LCR has the potential to be an important additional source of capital to bring NORI-D and other TMC projects into production. TMC and LCR have agreed to a purchase and sale agreementwhereby LCR has acquired a 2.0%

Carbon 352

Carbon Companies Nauru Kiribati 352

Green Car Congress

APRIL 26, 2023

The financing will be used to establish a hub and spoke network for the company’s commercial scale operations. As global market demand for REEs is forecasted to increase threefold by 2030, establishing new sources of REEs is critical.

BMW 199

BMW Supplies Companies Canada 199

Green Car Congress

DECEMBER 21, 2020

Group14 will leverage this operating capital to scale production to meet the increasing demand for its flagship product SCC55, which affords up to 50% more energy density than conventional graphite for lithium-ion batteries.

Lithium Ion 170

Lithium Ion Li-ion Production Washington 170

Green Car Congress

OCTOBER 6, 2021

The deal is the largest commercial order to date for Volvo electric trucks, and one of the largest yet for heavy electric trucks worldwide. DFDS has chosen a financing solution provided by Volvo Financial Services. The electrification trend in the heavy truck market is accelerating. largest shipping and logistics company.

Volvo 435

Volvo North America Electric Electrical 435

Green Car Congress

MAY 31, 2021

—“State of Finance for Nature”. trillion finance gap between now and 2050, by “building back more sustainably”, by repurposing agricultural and fossil fuel subsidies and by creating economic and regulatory incentives. The report calls for coupling investments in restoration action with financing conservation measures.

Financing 296

Financing Climate Stimulus Climate Change 296

Green Car Congress

JANUARY 24, 2023

TAE Power Solutions intends to deliver a novel technology to improve fundamentally the reliability, efficiency, longevity, and affordability of electric-powered products, from vehicles to renewable energy storage. TAE Technologies , the world’s largest private fusion energy company, has spun-out a new subsidiary, TAE Power Solutions.

Fusion 250

Fusion Power Powered Companies 250

Green Car Congress

NOVEMBER 3, 2020

Lordstown Motors Corporation, a startup developing an all-electric pickup truck serving the commercial fleet market, merged with DiamondPeak Holdings Corporation, a special purpose acquisition company (SPAC). The combined entity will trade on the NASDAQ exchange under the ticker symbol “RIDE.”.

Motor 321

Motor Motors Motoring Fleet 321