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

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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.

Vietnam 195
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Proton Motor Fuel Cell and Aumann AG expand partnership to series production of hydrogen fuel cells

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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).

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POSCO begins construction of S Korea’s first lithium hydroxide plant

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POSCO Holdings recently began construction at the Yulchon 1 st Industrial Complex in Jeollanam-do (South Jeolla Province, S. POSCO Pilbara Lithium Solution, a wholly-owned subsidiary of POSCO Holdings, will be responsible for the financing, construction, and operation of the plant. Earlier post.)

Argentina 369
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CCM: LiPF6 industry in China may face overcapacity in 2017

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However, according to market analyst firm CCM , based on the current planned capacity expansions, the LiPF 6 industry may face overcapacity in 2017. The company plans to launch and complete a new 3,000t/a liPF 6 project in 2017, resulting in Do-Fluoride Chemicals LiPF 6 capacity of 6,000t/a in 2017.

2017 150
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Waste-to-biofuels company Enerkem raises C$280M, its largest financing round

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In addition to new investors BlackRock and Sinobioway, existing investors also participated in this financing. In November 2017, Enerkem received approval from the US Environmental Protection Agency (EPA) to sell cellulosic ethanol produced at its Edmonton facility under the US Renewable Fuels Standard (RFS). Earlier post.).

Waste 199
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GM to launch 18 models in China in 2017 for growth; half to be SUVs or MPVs; more new energy vehicles

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Half of the models to be introduced in 2017 under the Buick, Chevrolet, Cadillac, Baojun and Wuling brands will be SUVs or MPVs. GM will also continue to enhance its local manufacturing capability. General Motors will launch 18 new and refreshed models this year to achieve continued growth in the company’s largest retail market.

GM 150
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Hampleton Partners: Autotech M&A remains constant, driven by EVs and charging

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The latest Autotech & Mobility M&A Market Report from Hampleton Partners, the international M&A and corporate finance advisory firm for technology companies, shows that the appetite for Autotech & Mobility deals has remained consistent despite the impact of COVID disruption, the global semiconductor shortage and supply chain issues.

Charging 273