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Neo Performance Materials to acquire exploration license for rare earth element project in Greenland

Green Car Congress

Neo, through a special purpose entity (SPE), plans to explore and develop the Sarfartoq Project to diversify its global sourcing of rare earth ore further and to expand the rare earth supply chains that feed Neo’s rare earth separation facility in Estonia.

Estonia 195
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Molycorp purchases remaining shares of European rare earth processing company

Green Car Congress

has purchased the remaining shares of Molycorp Silmet AS, one of only two rare earth processing companies in Europe. Molycorp now owns 100% of the Sillamäe, Estonia-based facility, known as Molycorp Sillamäe. On 1 April 2011, Molycorp purchased a 90.023% stake in AS Silmet in a transaction valued at approximately $89 million.

Purchase 199
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Motor vehicle taxation brings in €440.4B for governments in major European markets

Green Car Congress

New data shows that motor vehicles generate more than €440 billion in taxation per year for national governments in the major EU markets plus the UK, the European Automobile Manufacturers’ Association (ACEA) reports. The three countries that do not apply CO2-based taxation are Estonia, Lithuania and Poland.

Motor 284
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Nissan has more than 550 electric taxis on European roads

Green Car Congress

With more than 550 electric taxis on European roads, Nissan is now Europe’s best-selling manufacturer of 100% electric taxis. based in Budapest, has purchased 65 Nissan LEAFs in a bid to become Hungary’s largest zero-emission fleet. During 2015, more than 100 electric vehicles were delivered to taxi companies across Europe.

Taxi 150
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Neo Performance Materials and Energy Fuels launching US-European rare earth production initiative

Green Car Congress

Under an agreement in principle, subject to completion of definitive agreements, Colorado-based Energy Fuels will process natural monazite sands into an RE Carbonate beginning in March or April 2021 and ship a portion of that production to Neo’s rare earth separations facility in Sillamäe, Estonia (Silmet).

Energy 186
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ACEA: data show EU market for electric cars highly fragmented; need for inclusive measures

Green Car Congress

The European Automobile Manufacturers’ Association (ACEA) has published new data demonstrating the correlation between the market uptake of electrically-chargeable vehicles (ECVs) and both GDP and customer incentives. Five EU member states don’t offer any incentives at all: Croatia, Estonia, Lithuania, Malta and Poland. ECV Units sold.

Greece 150
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Electric bicycles: Hero & Yamaha JV, Proposed US tax credit for electric bicycles 

Electric Vehicles India

Yamaha Motor and Hero Motors Limited have signed an agreement that they will jointly establish a company to manufacture hub-mounted drive units for electric bicycles. Ampler Bikes an Estonia, Northern Europe company that manufactures and sells light e-bikes has closed a €7.4m Ampler Bikes raises €7.4M in equity funding.