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IG Metall warns that Krupp Mannesmann steel plant may fail due to lack of financing for conversion to climate-neutral steel production

Green Car Congress

IG Metall, Germany’s largest union as well as Europe’s largest industrial union, warns that at Hüttenwerke Krupp Mannesmann (HKM), the switch to climate-neutral steel production is may fail due to the lack of financing. With a current production volume of 4.2 With a current production volume of 4.2

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Gevo closes $68M Green Bond to finance RNG project

Green Car Congress

has closed a $68,155,000 “Green Bond” private activity bonds offering to finance the construction of its renewable natural gas (RNG) project in Northwest Iowa. Some RNG may be used by Gevo as process energy in its Net-Zero 1 Project or Gevo’s other future Net-Zero projects. Gevo received approximately $9.3

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Faraday Future news suggests financing may be coming soon

Electrek

Faraday Future is no stranger to financial struggles. After a series of unfortunate events, the EV start-up is pushing back the release of its production model, the FF 91. But, recent Faraday Future news suggests it may have found a short-term solution.

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Mullen secures $150 million financing deal, production Bollinger is a go

Baua Electric

Commercial EV manufacturer Mullen has scored a $150 million capital infusion that will allow it to expand its domestic and international sales efforts – and put Bollinger’s beefy electric trucks into series production. The Bollinger B4 is a cabover-style chassis cab with a 15,500 lb. FTC: We use income earning auto affiliate links.

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Proton Motor Fuel Cell and Aumann AG expand partnership to series production of hydrogen fuel cells

Green Car Congress

Since 2017, Proton Motor Fuel Cell GmbH has been working with Aumann AG as part of the larger EU program “ Fit-4-AMandA ” (Fit for Automatic Manufacturing and Assembly) on hydrogen fuel cell stack production with financing from the agency FCH JU (Fuel Cells and Hydrogen Joint Undertaking). Fit-4-AMandA “stack robot”.

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How the financing arm helped Mercedes Benz crack the Indian luxury market | Autocar Professional

Baua Electric

While it gives prestige and exclusivity to the brand, it can also keep potential buyers away as they may feel that they cannot really afford such a high-end product. Today, it finances nearly half of all the Mercedes-Benz vehicles sold in India. In our financing, we advocate for flexibility.

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Stellantis/UAW Deal Spills Tea on Future Product

The Truth About Cars

One of the most common refrains from automaker PR departments is “we cannot comment on future product.” A document detailing a slew of finer points about the agreement has been posted to the Web, diving into deep detail about everything from finances to product plans.

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