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 Motors 356

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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Motors Motoring Motor Market 262

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 Motors Motoring 105

Green Car Congress

FEBRUARY 7, 2023

MagREEsource, a 2020 spin-off of the CNRS-Institut Néel that is commercializing processes for recycling rare-earth magnets and then remanufacturing new magnets from the recycled powders, has secured €5 million in financing and has opened its first pilot facility in Grenoble, with a capacity of 50 tons by 2023.

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Financing Hydrogen Manufacturer Wind 243

Baua Electric

MAY 27, 2024

Battery maker Exide Industries Ltd will invest around Rs 1,000 crore in its lithium-ion cell manufacturing and battery pack solutions subsidiary Exide Energy Solutions Ltd during the current financial year, the company’s management said. So far, Exide Industries has invested Rs 2,300 crore in the lithium-ion cells business.

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Lithium Ion Industrial Industry Manufacturer 52

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 Motors Motoring Motor 140

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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Motors Motoring Motor Energy 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 Motors Motoring Motor 186

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

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. —Jay Rogers, CEO and founder of LM Industries. leadership.

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Industrial Industry Manufacturer North America 285

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 Motors Motoring 98

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

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

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 Motors Motoring 236

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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Motors Motoring Motor 2000 199

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

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.).

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Financing Engine Industrial Industry 236

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

Cars That Think

AUGUST 27, 2021

After Faraday [left] failed to acknowledge his mentor, Humphry Davy [right], in an 1821 paper on the electric motor, Davy accused him of plagiarism. And if you'd like to build your own Faraday motor, this video will walk you through it: Although a great proof of concept, Faraday's device was not exactly useful, except as a parlor trick.

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Davis Motors Motoring Motor 145

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

Teslarati

MAY 5, 2021

Lucid Motors has announced that it has appointed former Waymo Treasurer and Head of Investor Relations Sherry House as its Chief Financial Officer ahead of the automaker’s decision to become a publicly-traded company. Sherry House: Lucid Motors’ new Chief Executive Officer. We are delighted to have Sherry join us.

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Companies Motors Motoring Motor 111

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

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 Motors Motoring Motor 218

Electric Vehicles India

NOVEMBER 2, 2021

EV sales in India: Hero Electric, Tata Motors, BMW. For a few years, the EV industry is transformed a lot even the industry is not yet in a fully developed stage. ” Tata Motors . Tata Motors with its Nexon EV and Tigor EV electric car has received great sales numbers. India has already sold 1.18

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India BMW Sale Motors 59

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

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

Baua Electric

JULY 18, 2023

’s Inflation Relief Business, which guarantees masses of billions of bucks of subsidies to inexperienced industries, with finance minister Jeremy Hunt announcing the federal government didn’t have immense sums of cash for related measures. Britain has expressed issues on the U.S.’s

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Land Rover Motors Motoring Motor 52

Green Car Congress

JUNE 22, 2011

EVO Electric, a developer of advanced electric drive solutions for the automotive sector ( earlier post ), has formed a joint venture with GKN Driveline, part of GKN plc, to develop, manufacture and sell Axial Flux electric motors and drive systems for use in hybrid and electric vehicles. As part of the agreement, GKN will also acquire a 25.1%

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Manufacturer Motors Motoring Motor 225

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

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

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

MAY 11, 2016

PSA Group and Dongfeng Motors (DFM) have deepened their strategic partnership with the signing of a new agreement to design an electric version of the Common Modular Platform (CMP), which they have been developing jointly since April 2015. Best practices will also be shared in each area of HR to identify potential areas of cooperation.

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2019 Design Global Motors 150

Green Car Congress

MARCH 17, 2020

Toyota Motor Corporation and Toyota Financial Services Corporation launched a cross-Group virtual organization, Toyota Blockchain Lab, in April 2019. TRI-AD), TOYOTA Connected Corporation, and Toyota Motor North America, Inc., and relationship-building with partner companies.

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Toyota Corporation Financing Connect 286

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

JULY 8, 2010

General Motors and Pacific Century Motors (PCM), an entity formed by The Tempo Group and E-Town, an affiliate of the Beijing Municipal Government, have reached an agreement for GM to sell GM Global Steering Holdings, LLC, commonly known as Nexteer, to PCM. Terms of the sale were not disclosed.

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GM Sale Motors Motoring 186

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