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DOE awards $165M GEODE grant to consortium to accelerate development of geothermal by leveraging oil and gas industry

Green Car Congress

The grant will provide $10 million in the first year, which will fund the consortium members, in collaboration with more than 100 partner entities, to develop a roadmap to accelerate the growth and development of geothermal, leveraging expertise, technologies, and methods from the oil and gas industry.

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EV Life is awarded CalSEED grant from the California Energy Commission to make financing electric cars cheaper than gas vehicles.

EV Life

The grant will fund the development of a fintech platform to empower EV buyers to save up to $200/month on electric vehicle loans. EV Life, a car site dedicated exclusively to electric vehicles, announced that it was 1 of 28 companies to win a CalSEED grant from the California Energy Commission (CEC).

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Syzygy Plasmonics raises $23M Series B to electrify chemical manufacturing; photocatalytic reactor for hydrogen production

Green Car Congress

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. Earlier post.). of global greenhouse gas (GHG) emissions.

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Sylvatex developing new lower-cost CAM manufacturing process for Li-ion batteries

Green Car Congress

Advanced materials technology company Sylvatex (SVX) announced a new proprietary waterless production method that delivers premium EV-grade cathode active materials (CAM) at lower costs and that allows for a broader material input supply base to enable demand growth. SVX recently closed a Series A funding of $8.4

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Electric Vehicle Spotlight: Financing a Volkswagen ID.4

EV Life

In 2023, Volkswagen moved its production of the ID.4 4 has to offer, compare available trims, and take a look at how you can save money with EV incentives by financing through EV Life. There are plenty of state and local EV incentives available to help reduce the cost of your new Volkswagen ID.4. Volkswagen ID.4 4 Volkswagen ID.4’s

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Electric Vehicle Spotlight: Financing a Chevrolet Bolt EUV

EV Life

Chevrolet initially announced in April that it would not be continuing production on the Bolt EV and Bolt EUV after 2023. The automaker put out a statement in July 2023 that the Bolt would indeed be shifting onto the company’s new Ultium platform, and new models would start production soon. Clean Vehicle Assistance Program.

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BMW expects to have solid-state battery in a demonstrator vehicle well before 2025; IPCEI grants

Green Car Congress

We want to significantly increase the energy density of the cells and reduce the costs of material use and production at the same time. We are developing the battery cell of the future: it will be powerful, safe, cost-effective, and recyclable—from material selection to recyclability after the use in the vehicle.

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