Green Car Congress

AUGUST 24, 2021

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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Hydrogen Fuel Motors Motoring 459

Baua Electric

MAY 25, 2024

The gigafactory will have an initial production capacity of 16 GWh/year and create about 1,200 direct jobs and 3,000 indirect jobs within two years, Verkor says. billion) in green financing for its first battery gigafactory in Dunkirk , finalising its funding. French battery start-up Verkor said on Friday it had secured more than 1.3

Financing 52

Financing Auto Battery Batteries 52

Green Car Congress

JUNE 3, 2022

SafeAI and Siemens will work with Obayashi Corporation, a Japan-based global leader in construction, to create smarter, safer, more sustainable and productive construction sites. In partnership with pioneers like SafeAI and Obayashi Corporation, we can imagine a more sustainable future for these industries.

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Emissions Industrial Industry Vehicles 397

Green Car Congress

AUGUST 16, 2022

announced the renewal of the Industrial Mining Licence for the Malsiripura, M1 mining project in Sri Lanka (known as Ceylon until 1972) from the Geological Survey and Mines Bureau (GSMB). Vancouver-based Ceylon Graphite Corp. The Licence grants exclusive rights to mine graphite from within the M1 mining area.

Sri Lanka 417

Sri Lanka Grant Industrial Industry 417

Green Car Congress

SEPTEMBER 19, 2021

Germany’s Federal Ministry of Transport and Digital Infrastructure (BMVI) is awarding €80 million to the Fraunhofer-Gesellschaft’s National Action Plan for Fuel Cell Production. The alliance with the Fraunhofer-Gesellschaft is a new dimension for advancing fuel cell production. —Prof.

Fuel 322

Fuel Production Hydrogen Germany 322

Green Car Congress

JANUARY 21, 2022

LAND , a startup electric vehicle manufacturer headquartered in Cleveland, began US production on 120 units of the District E Moto this month. Founder and CEO Scott Colosimo was inspired to delve into the EV industry after his success as the founder of Cleveland CycleWerks, a motorcycle design and manufacturing company.

Motorcycles 435

Motorcycles Cleveland Production Tax Credit 435

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. Earlier post.). Today, these magnets rely on rare earth elements. Today, these magnets rely on rare earth elements.

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Grant Production Wind Clean 345

Green Car Congress

FEBRUARY 4, 2021

Further additions to lithium production capacity for mined and refined lithium products will be required to keep pace with demand growth, led by battery applications. In 2019, rechargeable batteries accounted for 54% of total lithium demand, almost entirely from Li-ion battery technologies.

Industrial 337

Industrial Industry Lithium Ion Li-ion 337

Green Car Congress

NOVEMBER 25, 2019

Group14 Technologies announced $18 million in new financing from Amperex Technologies Limited (ATL), Showa Denko (SDK), Cabot Corporation, BASF Venture Capital, and OVP Venture Partners. The new funds will be used to scale-up manufacturing of a next-generation silicon-carbon composite anode material and advance into commercial production.

Financing 243

Financing Carbon Li-ion Lithium Ion 243

Green Car Congress

MAY 12, 2022

NFI Industries—a leading third-party supply chain solutions provider—is increasing its investment in electromobility solutions with its latest order of 60 Volvo VNR Electric trucks. Twenty of the trucks will be deployed as part of the Joint Electric Truck Scaling Initiative, or JETSI project.

Volvo 273

Volvo Industrial Industry Los Angeles 273

Green Car Congress

JUNE 17, 2020

The European Investment Bank (EIB) has signed a €125-million loan with Umicore, the Belgian-based global materials technology and recycling group, to finance part of the greenfield production facility for cathode materials in Poland. Battery production is a rapidly advancing industry. billion of overall project costs.

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Poland Lithium Ion Battery Batteries 243

Green Car Congress

OCTOBER 12, 2019

Airbus and LM Industries, the the parent company of Local Motors and Launch Forth, have formed Neorizon to provide disruptive and innovative products with an initial focus on local mobility and autonomy. Its efficiency will allow products to be iterated regularly to match customers’ needs and preferences. leadership.

Industrial 285

Industrial Industry Manufacturer North America 285

Teslarati

JANUARY 8, 2024

Panasonic seeks to expand its business in the automotive industry, starting with building relationships at CES 2024. It plans to delve into products that could prove lucrative. Tesla supplier Panasonic slashing domestic EV battery production Poliak also shared that Panasonic Automotive aims to nearly double its sales.

Auto Industry 102

Auto Industry Industrial Industry Auto 102

Green Car Congress

FEBRUARY 24, 2023

Researchers at the Fraunhofer Institute for Microengineering and Microsystems IMM are developing ammonia-based systems for a mobile, decentralized energy supply in the infrastructure, transportation and industry sectors. Several of the research projects were showcased for the first time at the recent Hannover Messe.

Transportation 273

Transportation Industrial Industry Energy 273

Green Car Congress

APRIL 12, 2019

Brightmark Energy , a San Francisco-based waste and energy development company, closed a $260-million financing package for the construction of the US’ first commercial-scale plastics-to-fuel plant, which will be located in Ashley, Indiana. The finished product generated by the RES Polyflow process is a light, sweet liquid known as pygas.

Waste 268

Waste Financing Commercial Indiana 268

Green Car Congress

DECEMBER 19, 2022

million) in another financing round. Synhelion has developed a solar thermal process for the production of syngas, which is then used in standard industrial processes to synthesize liquid fuels, such as kerosene, gasoline, or diesel, that are compatible with conventional jet engines and internal combustion engines.

Solar 210

Solar Fuel Production Carbon 210

Green Car Congress

JULY 4, 2020

Demand for raw materials used in the production of electric car batteries is set to soar, prompting the UN trade body, UNCTAD (United Nations Conference on Trade and Development), to call for the social and environmental impacts of the extraction of raw materials, which include human rights abuses, to be addressed urgently. Brazilian mine.

Battery 545

Battery Batteries Production Zambia 545

Green Car Congress

JULY 30, 2022

This figure shows the principles behind the new ceramic membrane used in the production of hydrogen. The end product is compressed hydrogen with a high degree of purity. It also has CO 2 as a by-product. When the protons and electrons are reunited on the other side of the membrane, the product is pure, compressed hydrogen.

Hydrogen 418

Hydrogen Carbon Production Saudi Arabia 418

Green Car Congress

MAY 5, 2023

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. —John Boden of SPE

Oil 170

Oil Grant Gas Industrial 170

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). A modular machine structure permits the reuse of production equipment in an efficient and sustainable way.

Motor 243

Motor Motors Motoring Production 243

Green Car Congress

OCTOBER 9, 2013

million in Series C financing. The company also announced the formation of a new Industry Advisory Board, and its selection as a semi-finalist in the Securing America’s Future Energy (SAFE) Energy Security Prize. Achates Power, Inc., Earlier post.). Earlier post.).

Financing 236

Financing Engine Industrial Industry 236

Green Car Congress

MAY 10, 2022

European Commissioner for Internal Market Thierry Breton and European electrolyzer manufacturers last week met in Brussels to discuss how to increase industry’s capacity to produce electrolyzers used to produce clean hydrogen. Today, industry agreed to a tenfold increase in electrolyzer manufacturing capacities in Europe. Background.

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Manufacturer Hydrogen Russia Clean 366

Green Car Congress

JUNE 15, 2022

TotalEnergies has entered into an agreement with Adani Enterprises Limited (AEL) to acquire a 25% interest in Adani New Industries Limited (ANIL). ANIL will be the exclusive platform of AEL and TotalEnergies for the production and commercialization of green hydrogen in India.

India 150

India Hydrogen Green Industrial 150

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. Changes include raising the federal EV tax rebate ceiling to $12,500 and opening the door for automakers who already exhausted their production quotas.

Tax Credit 109

Tax Credit Financing Tax General Motors 109

Green Car Congress

JUNE 15, 2023

OXCCU, a company spun-out from the University of Oxford in 2021 that is focused on converting carbon dioxide and hydrogen into industrial and consumer products ( earlier post ), completed an £18-million (US$22.8 million) Series A financing round.

Carbon 418

Carbon Fuel Financing Hydrogen 418

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

Baua Electric

MARCH 5, 2024

The financing partners will extend credit lines to the customers, with interest rates ranging between 12.4% The financing partners will extend credit lines to the customers, with interest rates ranging between 12.4% and 15%, with a repayment period extending up to five years. and 15%, with a repayment period extending up to five years.

Financing 52

Financing Auto India Insight 52

Green Car Congress

APRIL 6, 2021

Plug Power, Chart Industries, Inc. Plug Power intends to commit €160 million ($200 million), and Chart Industries and Baker Hughes each intend to commit €50 million respectively ($60 million). The Fund will exclusively finance projects in the production, storage and distribution of clean hydrogen.

Hydrogen 170

Hydrogen Plug-in Clean Cleaning 170

Green Car Congress

MARCH 11, 2021

TECO 2030 ASA plans to establish Norway’s first large-scale production of hydrogen-based fuel cells in Narvik in Northern Norway. Work on the site is planned to start in 2021, and the first production is expected next year. TECO 2030 ASA is evaluating various financing alternatives for the new giga factory. Earlier post.).

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Norway Hydrogen Fuel Production 243

Green Car Congress

JUNE 1, 2020

XL2 was founded by Audi and Capgemini to support the automotive industry in digital transformation tasks. The joint venture that focuses on consulting and technology services for cloud and SAP S/4HANA includes industry solutions such as SAP Leonardo. XL2 is designed to enable end-to-end digital manufacturing, covering all central.

Audi 186

Audi Auto Industry Industrial Industry 186

Green Car Congress

JULY 31, 2014

Skeleton Technologies, a manufacturer of high power- and energy-density ultracapacitors ( earlier post ) has completed Round A financing of €3.9 The financing will be used for production scale-up and product development in addition to sales and marketing efforts. million (US$5.4 million announced in April 2013.

Financing 247

Financing Manufacturer Estonia Germany 247

Green Car Congress

MARCH 9, 2017

Comet Biorefining, an industry leader in the production of high-purity cellulosic dextrose, has completed a round of equity financing led by new investor PM Equity Partner. Current investor Sofinnova Partners and new investor Bioindustrial Innovation Canada (BIC) also participated in the financing.

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Financing Companies Italy 2016 150

Green Car Congress

DECEMBER 13, 2013

The US Department of Energy (DOE) has issued a Request for Information (RFI) ( DE-FOA-0001055 ) for light-duty fuel cell electric vehicles (FCEV) fueling infrastructure financing strategies within the context of an early market introduction. This function is often vertically integrated with hydrogen production.

Financing 270

Financing Light Fuel Hydrogen 270

Green Car Congress

APRIL 10, 2021

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.).

Hydrogen 221

Hydrogen Manufacturer Production Universal 221

Green Car Congress

OCTOBER 15, 2021

The green hydrogen for the flight will be supplied using Universal Hydrogen’s modular fuel capsules that enable the delivery of hydrogen from the point of production directly to the aircraft using the existing freight network and airport cargo handling equipment without the need for any new infrastructure.

Hydrogen 397

Hydrogen Universal Financing Los Angeles 397

Green Car Congress

NOVEMBER 17, 2014

Audi partner Global Bioenergies (GBE) has successfully carried out its first isobutene production trial at its industrial pilot site in Pomacle-Bazancourt. A production run was initiated on 3 November, resulting in the first production of isobutene—a gaseous hydrocarbon—by fermentation in an industrial environment.

Global 218

Global Industrial Industry Production 218

Green Car Congress

JUNE 14, 2021

Among other things, we will promote the production of hydrogen on an industrial scale in Australia with German-Australian ‘Hydrogen Hubs’ using German technology and explore possibilities for cooperation within the framework of our new international funding instrument ‘H2-Global’. Co-financing of “HydrogenHubs”.

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Australia Germany Hydrogen Green 334