Green Car Congress

DECEMBER 12, 2021

Consortium leader Schaeffler, along with with 17 partners (automotive and industrial supplier) has launched the AgiloDrive2 research project funded by the German Federal Ministry for Economic Affairs and Energy (BMWi). —Thomas Pfund, President of the E-Motors Business Unit at Schaeffler. Earlier post.).

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Motor Motors Motoring Production 243

Teslarati

MAY 9, 2023

Rivian has reported its first-quarter earnings, showing the company has slightly beat its earnings expectations, bucking the industry trend. According to Yahoo Finance, this contributed to slightly beating investor expectations, set at $657.7 The EV startup segment has been going through the wringer this week.

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Industrial Industry Fisker Kentucky 99

Green Car Congress

JULY 12, 2021

Enedym, a switched reluctance motor (SRM) spinout from McMaster University, closed a $15-million financing round from an international group of strategic investors within the US, Canada, Europe, and India, including P&A Paletta Giving Inc., Enedym Switched Reluctance Motors (SRMs) remove the need for these costly magnets.

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Motor Motors Motoring Wind 321

Green Car Congress

FEBRUARY 19, 2014

China’s Dongfeng Motor Group (DFG) will invest at least €800 (US$1.1 The investment also marks a strengthening and deepening of the existing industrial and commercial partnership between PSA and DFG, China’s second largest carmaker. Industrial partnership. billion) capital increase newly approved by PSA’s board.

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Industrial Industry Motor Motors 236

Green Car Congress

JANUARY 11, 2019

Infinitum Electric , developer of ultra high-efficiency, durable, lightweight and cost-effective electric motors built with patented printed circuit board (PCB) stator technology and integrated control systems, has closed a $1.8-million million Series A round of financing, led by Cottonwood Technology Fund (CTF).

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Motor Motors Motoring Market 262

Baua Electric

MAY 15, 2024

Mullen received a $100 million financing commitment from an undisclosed family office and sold an additional $50 million of senior secured convertible notes to both family offices and high net worth investors. The post Mullen secures $150 million financing deal, production Bollinger is a go appeared first on Bauaelectric Auto News.

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Financing Production Cayenne Mississippi 52

Green Car Congress

MAY 12, 2020

Hyundai Motor Company is partnering with Incheon International Airport Corporation (IIAC), Air Liquide Korea and Hydrogen Energy Network (HyNet) to establish a hydrogen refueling station for fuel cell electric buses at Incheon Airport’s Terminal 2 by March 2021.

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Hyundai Hydrogen Motor Motors 377

The Truth About Cars

SEPTEMBER 22, 2023

While the ChargePoint device is framed as being free, it does require the purchase of a new automobile through the automaker’s captive finance arm Hyundai Capital America. The industry has also had trouble selling EVs down market, with the segment historically catering to more affluent buyers.

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Hyundai Industrial Industry United Kingdom 105

Cars That Think

APRIL 15, 2024

Among the countless challenges of decarbonizing transportation, one of the most compelling involves electric motors. More than a few of them are at ZF Friedrichshafen AG , one of the world’s largest suppliers of parts to the automotive industry. The comany has not yet revealed its motor’s specific power—its kW/kg rating.)

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Motor Motors Motoring Supplies 143

The Truth About Cars

MAY 27, 2021

On Wednesday, the Senate Finance Committee advanced the Clean Energy for America Act making a few tweaks from earlier proposals. It’s good news for General Motors, which recently begged the government for just […]. It’s good news for General Motors, which recently begged the government for just […].

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Tax Credit Financing Tax General Motors 119

Green Car Congress

MAY 8, 2014

Pinnacle Engines, developer of a highly efficient 4-stroke, spark-ignited (SI), opposed-piston, sleeve-valve architecture engine ( earlier post ), has appointed five industry leaders to its newly formed Asian Business Advisory Board. John was President-Ford India, Vice Chairman & EVP-Mazda Motor Company and EVP- Ford Asia Pacific & Africa.

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Financing Engine Africa Asia 291

Green Car Congress

FEBRUARY 10, 2018

have established a partnership to provide platform services for the taxi industry. DiDi hopes to leverage on its AI strengths and national network to empower the entire automotive industry chain. Didi Chuxing, the world’s leading mobile transportation platform, and SoftBank Corp.

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Taxi Japan Industrial Industry 186

The Truth About Cars

APRIL 16, 2024

Automakers have an impact on industries that reach far beyond cars and drivers. Real estate is one area where the sector has a significant footprint, and one of the industry’s biggest names is making waves in Detroit’s downtown. Image: Linda Parton via Shutterstock] Become a& TTAC& insider.

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General Motors Detroit Motor Motors 105

Green Car Congress

NOVEMBER 8, 2012

Antonio Tajani, Vice President of the European Commission in charge of Industry and Entrepreneurship, introduced the EC’s CARS 2020 Action Plan aimed at reinforcing the European automotive industry’s competitiveness and sustainability heading towards 2020. The Commission is convinced that financing should cover.

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Auto Industry 2020 Industrial Industry 231

Green Car Congress

NOVEMBER 23, 2022

Niron will use this financing to advance the commercial partnerships and pilot production of its rare earth-free Clean Earth Magnet, further demonstrating its potential to replace rare earth permanent magnets. Iron nitride has a very high magnetic flux density; flux density is proportional to torque density in motors and generators.

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Grant Production Wind Clean 345

Green Car Congress

NOVEMBER 5, 2020

Hyundai Motor Company is spearheading the development of a hydrogen fuel cell commercial vehicle ecosystem in China with regional partners. Hyundai Motor signed an MOU with Shanghai Electric Power Co., —In Cheol Lee, Executive Vice President and Head of Commercial Vehicle Division at Hyundai Motor.

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Hyundai Commercial China Motor 356

Green Car Congress

JULY 30, 2021

million in new financing. Surging global demand for electric vehicles (EVs) and other motorized devices has highlighted global dependency on the unsustainably-produced rare earth materials currently required for the magnets needed in electric drivetrains and motors.

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Minnesota Commercial Clean Cleaning 482

Baua Electric

MARCH 19, 2024

Bandhan Bank has inked a Memorandum of Understanding (MoU) with Mahindra & Mahindra (M&M) to provide financing solutions to customers in the commercial vehicle and commercial equipment segments. Additionally, M&M deals in commercial equipment such as Back-hoe Loaders and Motor Graders, catering to diverse industry needs.

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Financing Commercial Vehicles India 40

Green Car Congress

MAY 3, 2013

In response to critiques of the first version of its financing program introduced early in April ( earlier post ), Tesla Motors has raised the Model S resale value guarantee to be the highest of any premium sedan brand made in volume (excludes rare, low volume or limited edition vehicles). —Tesla Co-founder & CEO Elon Musk.

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Financing Tesla Production Lexus 218

Get Electric Vehicle

JULY 30, 2022

We all are aware of the paradigm shift happening in the global automotive industry. The industry is trying to come up with more energy-intensive power sources. The electric vehicle industry is opening various doors in both government and private sectors. In India, EV sales surpassed 300,000 units in 2021.

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Industrial Industry Electric Vehicles Vehicles 40

Baua Electric

MARCH 15, 2024

Blue Energy Motors, a leading liquefied natural gas (LNG) truck manufacturer, is seeking to secure UDS 100 million in funding to support its foray into the electric vehicle market. Notable investors in the first round of funding included FPT Industrial — a part of the Iveco Group that supplies engines for Blue Energy Motors’ LNG trucks.

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Motor Motors Motoring Energy 52

Green Car Congress

JULY 9, 2012

China’s State Council has published a plan to develop the domestic energy-saving and new energy vehicle industry, which includes battery-electric vehicles, plug-in hybrid vehicles and fuel cell vehicles. 2012 Chinese Auto Industry Development Report. —Energy-saving and new energy vehicle plan. L/100km (40 mpg US) or less.

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Auto Industry Industrial Industry 2015 334

Baua Electric

MAY 15, 2023

Each and every college spouse groups up with a Toyota researcher on a particular form of inquiry, operating on answers particular to dad or mum corporate Toyota Motor Corp. The post $100 million Toyota funding finances proceed on robotics and controls appeared first on Bauaelectric Auto News. and for the business.

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Financing Toyota Michigan 2016 52

Green Car Congress

MARCH 20, 2019

Hyundai Motor Group and India-based Ola—one of the world’s largest ride-hailing platforms— announced a strategic partnership under which Hyundai Motor Company and Kia Motors Corporation will make their biggest combined investment to date, as part the Group’s continued efforts to become a Smart Mobility Solutions Provider.

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Hyundai Motor Motors Motoring 186

Teslarati

NOVEMBER 12, 2021

Lordstown Motors ( NASDAQ: RIDE ) reported its Q3 2021 Financial Results on Thursday and reported that it will delay the Endurance all-electric pickup once again. Additionally, Lordstown Motors confirmed the sale of its Lordstown, Ohio factory to Foxconn. Lordstown Motors (@LordstownMotors) November 12, 2021. RideWithLordstown.

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Ohio Motor Motors Motoring 137

Green Car Congress

OCTOBER 2, 2020

The consultation processes will primarily address raw material challenges along industrial ecosystems, provide tailored solutions to industry needs and unlock regulatory bottlenecks.

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Financing Europe Green Industrial 170

Green Car Congress

JANUARY 16, 2014

YASA Motors, the manufacturer of highly differentiated advanced axial flux motors and generators based on its Yokeless And Segmented Armature (YASA) technology ( earlier post ), has raised £5 million (US$8.2 million) in new financing from a combination of existing and new investors. —Chris Harris, CEO of YASA Motors.

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Motor Motors Motoring 2000 199

Teslarati

DECEMBER 21, 2022

General Motors CEO Mary Barra has been pretty open about her desire to surpass Tesla and become the global leader in electric vehicles (EVs). And in recent comments, an executive from the veteran automaker shared some insights about what strategies GM could implement to become an industry leader in EVs. .

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General Motors GM Motor Motors 98

Green Car Congress

MARCH 14, 2022

The European Raw Materials Alliance (ERMA) will support Canadian mineral exploration and development company Mkango Resources Ltd.with securing financing for the development of a rare earth separation plant to be located in Pu?awy, awy, Poland.

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Poland Malawi Africa Financing 273

Green Car Congress

APRIL 26, 2023

The financing will be used to establish a hub and spoke network for the company’s commercial scale operations. The $27-million Series A funding was led by BMW i Ventures (BiV) and Energy Impact Partners (EIP), and included participation from Fifth Wall, Bioindustrial Innovation Canada (BIC), and existing investor Planetary Technologies.

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BMW Supplies Companies Canada 199

EV Life

AUGUST 4, 2023

General Motors was one of the original pioneers of electric cars, introducing the EV1 in 1996 and the game-changing Volt in 2010. Chevrolet has continued that trend in the last few years—emerging as a major leader in the electric vehicle industry. The EUV is available in two different trims, the LT and Premier.

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Chevrolet Financing Electric Vehicles Tax Credit 52

Green Car Congress

SEPTEMBER 29, 2021

The product spectrum mainly includes assembled camshafts and valve train systems for conventional powertrains as well as rotor shafts for electric motors. Starting out from traditional valve train systems for internal combustion engines, around ten years ago we started developing and industrializing new products for electric powertrains.

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International Auto Industry Manufacturer Engine 221

Green Car Congress

JANUARY 20, 2012

The ELDRIVET project in Sweden is investigating new cooling and testing methods to improve the performance and lifespan of electric motors and power electronics. The project also aims at increasing the collaboration between industrial partners as well as between industry and academia. million) to finance the project.

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Sweden Motor Motors Motoring 218

Green Car Congress

JANUARY 6, 2021

With commercially available wireless charging systems up to 250kW and higher power systems in development, WAVE provides custom fleet solutions for mass transit, logistics, airport and campus shuttles, drayage fleets, and off-road vehicles at ports and industrial sites. This is a win-win all around, which will help maximize shareholder value.

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Charging Kenworth Financing Utah 170

Green Car Congress

FEBRUARY 6, 2019

As with the PHEV F-150, which has been shown to provide up to a 50% MPG improvement and 33% CO 2 emissions reduction, the PHEV F-250 will include a driveshaft-mounted electric motor powered by a lithium-ion battery pack that can be charged using standard level 2 and 1 chargers.

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Plug-in F-150 Plug Ford 291

Baua Electric

MAY 10, 2024

Taking a dig at the push for hybrid vehicles, Tata Motors’ Group CFO, PB Balaji, cast doubt on the technology’s environmental benefits, suggesting it’s primarily driven by tax breaks rather than a commitment to clean mobility. In 2023, the industry witnessed the share of hybrid vehicles increase to around 2% from 1.7%.

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Tax Hybrid Emissions Suzuki 40

Baua Electric

MAY 16, 2024

These advancements have not only increased the value proposition of connected vehicles as a solution but are slowly fostering a culture of informed driving practices for the commercial vehicle industry at large. In fleet financing, it can overhaul traditional models by harnessing detailed vehicle usage and risk assessment data.

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Connect Connected Auto Vehicles 52