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Electric bus maker Proterra completes $55M strategic financing

Green Car Congress

Battery-eletcric bus manufacturer Proterra has completed a $55M strategic financing. In conjunction with the equity financing, Proterra completed a debt financing in an amount up to $25 million with Hercules Technology Growth Capital. The existing major investors in Proterra added $11 million of equity.

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Domino’s rolling out nationwide fleet of 800 Chevy Bolt EVs

Green Car Congress

Domino’s is rolling out more than 800 custom-branded 2023 Chevy Bolt electric vehicles at select stores throughout the U.S., making it the largest electric pizza delivery fleet in the country. Domino’s has always been on the cutting edge of pizza delivery and electric delivery cars make sense as vehicle technology continues to evolve.

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GE Capital to provide financing for electric motorcycle maker Brammo

Green Car Congress

GE Capital’s Commercial Distribution Finance (CDF) business has agreed to provide Brammo Inc. with inventory financing to support the expansion of its dealer network in the US. The Ashland, OR-based manufacturer designs and develops electric motorcycles. —Craig Bramscher, founder and CEO of Brammo.

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ChargEVC: New Jersey plug-in electric vehicle registration up 79% for MY 2016 vehicles over 2015

Green Car Congress

Registration of model year 2016 plug-in electric vehicles (PEVs) in New Jersey was up 79% over 2015, according to a recent analysis by ChargEVC , a diverse coalition of organizations and companies that support growth of the electric vehicle market. Interest in these cars is growing.

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DOE issues Request for Information on financing strategies for light-duty H2 fueling infrastructure

Green Car Congress

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. Category 4: Fuel cell vehicle suppliers.

Financing 270
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New EV20 Alliance Targeting 1M Additional Electric Vehicles on Road by 2015

Green Car Congress

A new global alliance comprising businesses and government leaders and led by the international NGO, The Climate Group, set an ambitious target to put one million additional EVs on the road by 2015, on top of EVs that automakers are already planning to bring to market. Tags: Electric (Battery) Policy.

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Torotrak to acquire remaining 80% of Flybrid for up to £23M; targeting commercial launch of M-KERS in 2015

Green Car Congress

The group intends to exploit what it sees as a market window from 2015 to 2020 in which new technologies are being demanded to achieve new EU CO 2 targets applying to vehicle manufacturers’ overall fleets. M-KERS can recover up to 70% of braking energy for around a third the cost of battery electric hybrids, the company says.

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