Green Car Congress

NOVEMBER 23, 2022

Niron Magnetics, a developer of high-performance, rare earth-free permanent magnets ( earlier post ), announced that the US Department of Energy’s (DOE) Advanced Research Projects Agency – Energy (ARPA-E) has awarded the company a $17.5-million One of the top 5 global wind turbine OEMs. Earlier post.). 2019.165962.

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Grant Production Wind Clean 345

Green Car Congress

AUGUST 23, 2023

Australia-based hydrogen fuel cell vehicle company H2X Global recently secured a US$57-million deal with US-based firm, Verde Mobility Inc., We anticipate this will crank up our vehicle production to 25,000 units a year, and provide a sturdy financial foundation for the company. million investment into H2X.

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Global North America Hydrogen Fuel 195

Green Car Congress

DECEMBER 14, 2021

ABIC), a special purpose acquisition company (SPAC), have entered into a definitive business combination agreement under which ABIC will combine with LiveWire, Harley-Davidson’s electric motorcycle division ( earlier post ), to create a new publicly traded company. Harley-Davidson and AEA-Bridges Impact Corp.

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Electric Motorcycles Motorcycles Companies Electric 418

Teslarati

JULY 22, 2023

Tesla has opened up a new financing term option for EV customers with an 84-month term, extending the payoff period for vehicle owners that wish for more financial flexibility. The automaker opened the 84-month financing term on Friday. NEWS: @Tesla has launched 84 month financing in the US. I’d love to chat!

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Financing Tesla Affordable Buy 98

Green Car Congress

SEPTEMBER 22, 2021

The partnership will further allow both parties to benefit from a global manufacturing presence and service networks to support customers in local markets. Together, the companies will further define product portfolio scope, manufacturing locations and supporting resources to be provided by each party.

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Commercial Global Market Vehicles 296

Green Car Congress

APRIL 26, 2023

BMW i Ventures announced an investment in Canada-based Cyclic Materials , a circular supply chain company focused on recycling rare earth elements (REE) ( earlier post ). The financing will be used to establish a hub and spoke network for the company’s commercial scale operations.

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BMW Supplies Companies Canada 199

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.

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GM Companies Batteries Battery 218

Teslarati

MAY 7, 2024

After electric vehicle (EV) maker Fisker halted production at its contract manufacturer’s plant in Austria, the company has now filed for reorganization and court protection in the country. comes as Fisker has warned of going bankrupt if it can’t find additional financing. In addition to being suspended on the U.S.

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Austria Fisker Production Financing 102

Green Car Congress

MAY 21, 2014

National Electric Vehicle Sweden (NEVS), the company resurrecting the Saab brand ( earlier post ), has halted production of its vehicles (currently at 6 units per day) while it sorts through financing issues and aligns its strategy with new OEM partners. This development will be done in cooperation with other global OEMs.

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Financing Sweden Electric Vehicles Production 225

Green Car Congress

SEPTEMBER 12, 2023

Conigital , a UK-based driverless vehicle company with operations in Australia, Brazil, and India, said it has secured an offer of £500 million (US$626 million) in Series A+ funding. This AI and simulation first approach ensures scalability and rapid iteration, the company says.

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Global Brazil Universal Vehicles 150

Green Car Congress

OCTOBER 7, 2021

The BMW investment was part of Lilac’s just-closed US$150-million Series B financing. New investors in the round in addition to BMW include SK Materials, Presidio Ventures (a Sumitomo Corporation Group Company), MCJ Collective, and Earthshot Ventures.

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BMW Companies Financing Standards 236

Green Car Congress

SEPTEMBER 21, 2022

Amogy, a developer of energy-dense ammonia power solutions ( earlier post ), and Trafigura , one of the largest physical commodity trading groups in the world, are partnering to study the use of ammonia as a carrier to transport clean hydrogen from point of production to point of consumption. Earlier post.).

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Hydrogen Global Supplies MIT 186

Green Car Congress

APRIL 1, 2015

Global Bioenergies, a startup developing and commercializing a fermentation process that targets gaseous isobutene, has obtained a €4.4-million million) loan from a consortium of four French banks—BNP Paribas, Société Genéralé, CIC and Bpifrance—to complete the financing of its demo plant. million (US$4.7-million)

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Financing Global Installation 2008 150

Green Car Congress

APRIL 28, 2021

Ford announced a new global battery center of excellence—called Ford Ion Park—to accelerate research and development of battery and battery cell technology, including future battery manufacturing. —Hau Thai-Tang, Ford’s chief product platform and operations officer.

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Ford Global F-150 Batteries 334

Green Car Congress

DECEMBER 1, 2021

BMW i Ventures announced a lead investment in the Series B financing round of actnano , a company that has developed a next-generation nanocoating that offers protection for electronics across the automotive and consumer electronics markets. —Kasper Sage, managing partner at BMW i Ventures.

BMW 186

BMW Companies North America Financing 186

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. 6K’s UniMelt platform offers multifaceted sustainability benefits.

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Manufacturer Global Batteries Battery 170

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.

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Financing Light Companies CO2 218

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 These forecasts are informed by the latest IHS Markit global economic forecast updates, which reflect a 3.0% decline in global real GDP in 2020.

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2020 Commercial Global Production 191

Green Car Congress

JULY 12, 2013

Global Bioenergies, an industrial biology company developing light olefin bioproduction processes ( earlier post ), closed its capital increase launched 27 June 2013, raising a final gross value of €23 million (US$30 million). The capital increase originally resulted in a total order for 1.15 The initiation of new programs.

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Light Global Companies Convert 231

Green Car Congress

JUNE 14, 2021

German companies are very interested in participating in hydrogen projects in Australia, including as suppliers of electrolyzers. The German-Australian cooperation gives German companies the opportunity to export technology. Co-financing of an AUS-DEU H 2 incubator for applied research. Co-financing of “HydrogenHubs”.

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Australia Germany Hydrogen Green 334

Green Car Congress

JULY 11, 2017

Norsk Hydro will acquire Orkla’s 50% interest in Sapa—a 50/50 joint venture between Orkla and Hydro formed in 2013, and the world’s largest aluminum extrusion company. The combination will make Hydro the only global company in the aluminum industry that is fully integrated across the value chain and markets.

Global 150

Global Market Companies North America 150

Green Car Congress

MARCH 11, 2022

To boost the global production capacity of green methanol, A.P. Moller - Maersk (Maersk) is entering strategic partnerships with six leading companies with the intent of sourcing at least 730,000 tonnes/year by end of 2025. The six companies are CIMC ENRIC, European Energy, Green Technology Bank, Orsted, Proman, and WasteFuel.

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Green Companies Switzerland Denmark 199

Green Car Congress

NOVEMBER 27, 2021

Cornish Lithium ( earlier post ), a mineral exploration and development company based in Cornwall, UK, secured an investment package of up to £18 million (US$24 million) from TechMet Limited, a leading technology metals investment company. In Cornwall, lithium is contained within mica minerals (zinnwaldite and lepidolite).

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Financing Water Li-ion Lithium Ion 419

Green Car Congress

OCTOBER 9, 2013

million in Series C financing. The company also announced the formation of a new Industry Advisory Board, and its selection as a semi-finalist in the Securing America’s Future Energy (SAFE) Energy Security Prize. Achates Power, Inc., Earlier post.).

Financing 236

Financing Industrial Industry Engine 236

Teslarati

APRIL 8, 2022

Ford announced it has officially started shipping production units of its all-electric E-Transit van to customers across Europe, aligning with its goals to electrify its business globally. Ford says it received over 5,000 customer orders for the E-Transit in Europe alone before production began.

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Ford Europe Global Production 106

Green Car Congress

OCTOBER 30, 2022

POSCO Holdings has moved up the scheduled investment in the second stage of a lithium production operation in Argentina from next year to now, due to increased demand for lithium amid booming investment in the secondary battery sector resulting from the “Inflation Reduction Act ” in the United States. billion (about KRW 1.5

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Argentina Production Financing United States 150

Green Car Congress

APRIL 22, 2021

million Series A financing round led by prominent Silicon Valley venture fund, Playground Global, with the investor syndicate comprising Fortescue Future Industries, Coatue, Global Founders Capital, Plug Power, Airbus Ventures, JetBlue Technology Ventures, Toyota AI Ventures, Sojitz Corporation, and Future Shape.

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Hydrogen Universal Commercial Building 397

Green Car Congress

NOVEMBER 17, 2014

Audi partner Global Bioenergies (GBE) has successfully carried out its first isobutene production trial at its industrial pilot site in Pomacle-Bazancourt. A production run was initiated on 3 November, resulting in the first production of isobutene—a gaseous hydrocarbon—by fermentation in an industrial environment.

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Global Industrial Industry Production 218

Green Car Congress

NOVEMBER 28, 2021

The funding is led by the venture arm of MANN+HUMMEL (a global market leader in filtration and separations), Energy Revolution Ventures from the UK, Volta.VC Hydrogen production is also a major emitter of CO 2 , generating approximately 1000 million tons or more than 2% of global O 2 emissions. Source: DiviGas.

Commercial 418

Commercial Hydrogen New York Polymer 418

Green Car Congress

JUNE 28, 2021

The Renault Group has entered two major partnerships for the production of Li-ion batteries in France. As the battery arm of global green tech company Envision Group, it will invest up to €2 billion to produce latest technology, cost-competitive, low-carbon and safe batteries for electric models, including the future R5.

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France Batteries Battery Production 334

Green Car Congress

JULY 30, 2021

Niron Magnetics , a company developing high-performance rare-earth-free iron-nitride (FeN) permanent magnets, has raised $21.3 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.

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Minnesota Commercial Clean Cleaning 482

Green Car Congress

FEBRUARY 11, 2021

Autonomous driving software company Aurora has entered a long-term, global, and strategic collaboration with Toyota and Denso, one of the largest global manufacturers and tier-one automotive suppliers, respectively, to build and globally deploy self-driving cars at scale. —Chris Urmson, Aurora CEO.

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Toyota Global Peterbilt Kenworth 170

Green Car Congress

APRIL 10, 2021

Syzygy Plasmonics, a technology company developing a high-performance photocatalyst for the industrial gas, chemical and energy industries, announced a $23-million Series B financing led by Horizons Ventures with participation from new global investors including Equinor Ventures. of global greenhouse gas (GHG) emissions.

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Hydrogen Manufacturer Production Universal 221

Teslarati

MARCH 25, 2024

That time has long passed, and BYD’s presence in the hybrid, PHEV, and BEV sector has grown to a point where it has garnered the respect of the global auto industry. As noted by the Chinese automaker in a post on Weibo, its 7 millionth NEV is an N7 SUV from the company’s premium sub-brand Denza.

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BYD Energy Production Vehicles 113

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.

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Financing 2020 Commercial Global 199

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.

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Li-ion Manufacturer Global Batteries 239

Green Car Congress

AUGUST 16, 2023

Advanced Ionics , the developer of a new category of hydrogen electrolyzers useful for expanding green hydrogen production, closed a $12.5-million million Series A financing led by bp ventures, with additional investors including Clean Energy Ventures, Mitsubishi Heavy Industries, and GVP Climate.

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Water Hydrogen Green Mitsubishi 195