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ADB leads $135M climate financing package for VinFast e-bus fleet and EV charging network in Vietnam

Green Car Congress

The Asian Development Bank (ADB) mobilized a $135-million climate financing package for VinFast Trading and Production Joint Stock Company (VinFast) for manufacturing Vietnam’s first fully-electric public transport bus fleet and first national electric vehicle (EV) charging network.

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DOE awarding $1.6B to 11 battery materials separation and processing projects as part of $2.8B funding

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billion to 21 projects to expand domestic manufacturing of batteries for electric vehicles (EVs) and the electrical grid and for materials and components currently imported from other countries. This US-owned and operated manufacturing plant in northern Alabama will be the first of its size in North America. Earlier post.) Of that, $1.6

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Boeing HorizonX invests in lithium-metal rechargeable battery startup Cuberg

Green Car Congress

Cuberg developed an advanced lithium metal rechargeable battery cell that is designed to be a drop-in solution to existing large-scale battery manufacturing processes. In September 2017, CalSEED awarded Cuberg $150,000 in Phase I grant funding. In December 2017, NSF SBIR awarded Cuberg $225,000 in Phase I grant funding.

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A123 Systems 8K filing says substantial doubt about its ability to continue as a going concern; status of grants and incentives

Green Car Congress

million to replace battery modules and packs that may contain defective prismatic cells produced at A123’s Livonia, Michigan manufacturing facility. A123 Systems has been the recipient of a number of state and federal grants and tax incentives. State of Michigan Center of Energy and Excellence Grant. Earlier post.).

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Hydro-Québec grants an exploitation license and partners with Nouveau Monde Graphite to develop materials for Li-ion batteries

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HQ will assist NMG in its material qualification processes with leading lithium-ion battery manufacturers. NMG’s financing. The discovery led to the announcement of a pre-feasibility study on 25 October 2017. Any new intellectual property developed from this partnership will be jointly owned by HQ and NMG on a 50/50 basis.

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Terrafame to invest €240M in EV battery materials plant; nickel and cobalt sulfates; commercial production in 2021

Green Car Congress

We have taken the plant project forward with determination since the autumn of 2017, so the investment decision made by the Board is an expected one. The demand for electric vehicles has been growing rapidly, which is reflected in the manufacturing and development of batteries. The final products are filtered and sold for processing.

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Tesla Model 3 revealed as having the highest EV sales volume worldwide

EV Info

Just last week our Government cut the EV grant by £500 and now excludes EVs that cost more than £35,000. A report from Uswitch has revealed tono great surprise that the Tesla Model 3 achieves the highest sales volume worldwide, a model that will now be excluded from the grant as it costs more than £35,000.

Sale 81