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NIO Capital's portfolio firm Standard Robots closes new financing

CN EV Post

Standard Robots aims to use driverless, robotics and artificial intelligence technologies to create efficient and flexible logistics solutions to help manufacturing companies improve productivity. The post NIO Capital's portfolio firm Standard Robots closes new financing appeared first on CnEVPost.

Financing 124
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ADB leads $135M climate financing package for VinFast e-bus fleet and EV charging network in Vietnam

Green Car Congress

The Asian Development Bank (ADB) mobilized a $135-million climate financing package for VinFast Trading and Production Joint Stock Company (VinFast) for manufacturing Vietnam’s first fully-electric public transport bus fleet and first national electric vehicle (EV) charging network.

Vietnam 195
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The Metals Company and Low Carbon Royalties form strategic partnership

Green Car Congress

Deepsea mining company TMC The Metals Company ( earlier post ) announced a strategic partnership with Low Carbon Royalties Inc. to finance the development and production of low-carbon fuels and energy transition metals. TMC and LCR have agreed to a purchase and sale agreementwhereby LCR has acquired a 2.0%

Carbon 352
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T&E: two-thirds of European battery production at risk as companies weigh investing in US instead

Green Car Congress

Tesla in Berlin, Northvolt in northern Germany and Italvolt near Turin are among the projects that stand to lose the greatest volumes of their slated capacity as the companies weigh up investing in the US instead. Battery investment in the US and China continued to grow, and European companies have already signalled expansion in America.

Companies 430
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Waste-to-biofuels company Enerkem raises C$280M, its largest financing round

Green Car Congress

In addition to new investors BlackRock and Sinobioway, existing investors also participated in this financing. In November 2017, Enerkem received approval from the US Environmental Protection Agency (EPA) to sell cellulosic ethanol produced at its Edmonton facility under the US Renewable Fuels Standard (RFS). Earlier post.).

Waste 199
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GreenCell Mobility secures Rs 300 crore in green financing from Sumitomo Mitsui Banking Corporation | Autocar Professional

Baua Electric

This transaction not only marks the first Project Finance by a Japanese bank in the Electric Mobility domain in India but is also SMBC’s first Project Finance transaction in E-Mobility in Asia Pacific, the press release noted.

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BMW Group investing in lithium extraction company Lilac Solutions

Green Car Congress

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.

BMW 236