Green Car Congress

APRIL 19, 2018

At least 12 recorded lithium and six cobalt transactions have been closed between downstream manufacturers and mining companies since 2016, signalling a changing trend in procurement strategy. The year 2017 saw deals between Great Wall and Pilbara Minerals, and Ganfeng Lithium’s US$172-million financing of Lithium Americas.

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Li-ion 2018 Batteries Battery 150

Green Car Congress

APRIL 11, 2018

Tenneco, one of the world’s leading designers, manufacturers and distributors of Ride Performance and Clean Air products and technology solutions for diversified markets, signed a definitive agreement to acquire Federal-Mogul, a leading global supplier to OEMs and the aftermarket. Powertrain Technology Company. voting interest), 23.8

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Companies 2019 Fuel Economy Clean 186

Green Car Congress

AUGUST 1, 2019

the designers of a vision-oriented artificial intelligence platform for autonomous vehicles, announced $25 million in Series A financing led by GreatPoint Ventures with participation from Toyota AI Ventures, BMW i Ventures, Faurecia, Fluxunit (VC arm of lighting and photonics company OSRAM), and DNS Capital. Recogni Inc. ,

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BMW San Jose Companies Toyota 150

Green Car Congress

MARCH 9, 2021

The Croatian company develops and produces high-tech components for electromobility, including high-performance drives and battery systems. Porsche joined the young technology and sports car company as an investor in 2018 and increased its stake to 15% in September 2019. The company has developed very well technologically.

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Porsche Financing IDEA Manufacturer 186

Green Car Congress

APRIL 16, 2023

Under the project, which is designed to show that fleets can successfully scale their BET fleets, NFI will deploy and operate 30 electric Freightliner eCascadias and 20 Volvo VNR Electric trucks from its Ontario, California, warehouse facility to support its dedicated port drayage services for customers spanning from manufacturing to retail.

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Fleet California North America Los Angeles 259

Green Car Congress

JULY 6, 2021

Oliver Blume, CEO of Porsche, and Mate Rimac, CEO of Rimac, signed the corresponding agreements and announced the name of the new hypercar manufacturer: Bugatti-Rimac. Under the umbrella of the new company, the Bugatti and Rimac brands will initially produce two hypercar models: the Bugatti Chiron and the all-electric Rimac Nevera.

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Porsche Croatia Financing Electric 259

Green Car Congress

JULY 28, 2015

Five years after first establishing a strategic cooperation, Daimler and the Renault-Nissan Alliance have expanded their collaboration with the start of a manufacturing joint venture in Aguascalientes in central Mexico. The new business entity COMPAS (Cooperation Manufacturing Plant Aguascalientes) is 50:50 owned by Daimler and Nissan.

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Mexico Nissan Infinity Manufacturer 150

Green Car Congress

DECEMBER 27, 2013

Between 2014 and 2018, Audi will invest a total of around €22 billion (US$30 billion) into new models, innovations and the continuous expansion of the worldwide production network. —Axel Strotbek, Member of the Board of Management of AUDI AG for Finance and Organization. We had set the goal of 1.5 At the Hungarian site in Gy?r,

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Audi 2018 2014 North America 199

Green Car Congress

APRIL 3, 2021

James Breyer founded Hercules Electric Vehicles in 2018 with a vision to bring luxury eco-utility products to market, beginning with an electric pickup truck and followed by other electric mobility products. Such materials and the underlying technologies lend themselves to low cost manufacturing and production scale-up.

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Li-ion Batteries Battery Lithium Ion 365

Green Car Congress

APRIL 24, 2022

Operation of the lithium plant and financing will be 100% carried out by POSCO Argentina, a subsidiary of POSCO Holdings. Construction of the brine lithium plant is to be completed in the first half of 2024, with annual production of 25,000 tons of lithium hydroxide. The total investment cost is about US$830 million (about KRW 0.95

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Argentina Global Batteries Battery 333

Green Car Congress

APRIL 9, 2020

This service can also provide debt financing or secure grant funding to reduce capital expenditures and implement resiliency plans as needed. Tri Delta Transit launched its electric bus program in 2018. This project illustrates how the AMPLY offering is agnostic to a variety of buses and chargers regardless of manufacturer.

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Energy Power Powered New York City 481

Green Car Congress

JANUARY 29, 2019

Ltd (JingJu) aims to combine the two companies’ strengths in new energy fleet operation and AI transportation solutions to develop next-generation connected-car systems. DiDi started partnership programs with automakers and fleet operators in 2016, and launched the DiDi Auto Alliance, an industry-chain partnership network in April 2018.

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Transportation Connect Connected China 236

Green Car Congress

OCTOBER 31, 2019

With the high costs and operational complexities surrounding electric vehicle (EV) deployments within commercial fleets, EV manufacturer BYD announced a preferred partnership with charging infrastructure provider AMPLY Power. The company assumes the full financial responsibility of utility account and provides the fleet with flat usage rates.

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BYD Fleet Commercial Charging 150

Green Car Congress

DECEMBER 17, 2020

In addition, Lightning eMotors is the only electric van manufacturer that supports wheelchair lifts, custom floor rails, and custom bus doors. We are the only manufacturer to offer a CARB-certified electric van in the Class 3 segment. —Tim Reeser, CEO of Lightning eMotors. Last week, Lightning eMotors and GigCapital3, Inc.,

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Batteries Battery Fuel Electric 448

Green Car Congress

JULY 25, 2019

As part of this agreement, Toyota will invest US$600 million in DiDi and a joint venture, which the two companies will establish with GAC Toyota Motor Co., GTMC) for vehicle-related services for ride-hailing drivers.

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Toyota Vehicles Maintenance China 170

Green Car Congress

MARCH 19, 2020

Those companies capable of developing and combining hardware and software in equal measure will shape the future of the automobile. —Nicolas Peter, Member of the Board of Management of BMW AG, Finance. The company will achieve the CO 2 fleet target for its European new car registrations also this year.

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BMW All-Electric Future Electric 291

Green Car Congress

NOVEMBER 29, 2019

In summer 2018, the 50:50 joint venture agreement was signed in Berlin in the presence of Chinese Premier Li Keqiang and German Chancellor Angela Merkel. Jiangsu is also one of the leading provinces for finance, education and technology. Both partners will together invest around €650 million (more than five billion CNY).

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Mini E BMW China Future 259

Green Car Congress

MAY 27, 2019

Groupe Renault also has a well-established and profitable financing business (RCI Banque). The FCA proposal follows initial operational discussions between the two companies to identify products and geographies where they could collaborate, particularly as they develop and commercialize new technologies.

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North America America 2018 Nissan 286

Green Car Congress

JUNE 15, 2022

This partnership is based on the complementarity of the two companies. TotalEnergies will offer its thorough understanding of the global markets, expertise in renewable technologies and large-scale industrial projects, and financial strength, enabling ANIL to lower its financing cost.

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India Hydrogen Green Industrial 150

The Truth About Cars

FEBRUARY 6, 2024

The company’s share price has also been trending downward since 2018, though it has remained mostly flat since October of 2022. billion in revenue in 2018. The company attributed the loss to global supply chain troubles and the fact that it had been spending big on new models, including some all-electric vehicles.

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Aston Martin Saudi Arabia 2018 Ferrari 94

Green Car Congress

DECEMBER 4, 2018

With models such as the recently presented Audi e-tron GT concept [ earlier post ], we want to electrify people again for Audi and at the same time be an agile and very efficient company.” Starting with the Audi e-tron, the brand’s first all-electric SUV, the company will launch numerous electric cars in the coming years.

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Audi Kits Porsche Concept 275

Green Car Congress

OCTOBER 13, 2017

The meeting pulled together stakeholders from European industry—including automotive OEMs, chemical companies, energy companies and battery cell manufacturing companies—and member states to discuss the establishment of such a full value chain of batteries in Europe. The work starts immediately.

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Europe Li-ion Batteries Battery 170

Green Car Congress

AUGUST 14, 2020

This includes leading test tracks, universities, automotive companies, and key economic anchors. During the feasibility analysis in Phase One, work will focus on technology testing and roadway design, and exploring different financing models with an aim toward determining project viability from both a technology and business perspective.

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Michigan Detroit Connect Connected 221

Green Car Congress

JULY 6, 2018

ZF has founded Car eWallet GmbH, a Berlin-based start-up, in which the company will outsource the current activities of the transaction service Car eWallet. The first pilot projects of Car eWallet are expected to be launched as early as the second half of 2018.

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Re-Charge Cars Connect Connected 170

Green Car Congress

APRIL 8, 2022

Yilong Investment is obliged to use reasonable efforts to obtain, on behalf of the JV, national-level tax incentives and favorable government treatments, and will coordinate with local financial institutions to provide financing to the JV. which was the first company in China to produce anode materials for lithium batteries at a large scale.

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Li-ion China Lithium Ion Power 199

Green Car Congress

JANUARY 22, 2019

has entered into a definitive merger agreement with the Danfoss Power Solutions (US) Company, a wholly-owned subsidiary of Denmark-based Danfoss A/S, under which Danfoss will acquire all outstanding common shares of UQM for $1.71 Danfoss, a privately-owned multinational company with reported sales of €5.8 UQM Technologies, Inc.

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Mariner Denmark 2019 Financing 223

Green Car Congress

NOVEMBER 14, 2018

This strategic collaboration with Weichai—a leading automotive equipment manufacturer specializing in the production of powertrains, automobiles, intelligent logistics, automotive parts and components—underscores our high conviction in the opportunity for Fuel Cell Electric Vehicles, or FCEVs, in China’s Heavy Duty Motive market.

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Fuel Power Powered Vehicles 223

Green Car Congress

JULY 6, 2018

ZF has founded Car eWallet GmbH, a Berlin-based start-up, in which the company will outsource the current activities of the transaction service Car eWallet. The first pilot projects of Car eWallet are expected to be launched as early as the second half of 2018.

Re-Charge 150

Re-Charge Cars Connect Connected 150

Green Car Congress

APRIL 6, 2022

Bcomp, a leading manufacturer of high-performance components made from natural fibers, has closed its oversubscribed Series B financing round of CHF 32.4 million (US$35 million) with commitment from a range of mobility, financial, and impact investment companies. Starting with the iFE.20

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Volvo Porsche BMW Recharge 259

Green Car Congress

OCTOBER 28, 2020

We already have a successful technology partnership in place with Aston Martin that has benefited both companies. Following Aston Martin’s IPO in 2018 and various further financing rounds, Mercedes-Benz AG now owns a 2.6% Mercedes-Benz AG said that it has no intention to increase its holding in Aston Martin beyond this level.

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Aston Martin Mercedes Hybrid Grant 279

CN EV Post

MARCH 16, 2023

Another source with access to the financing said that it is indeed happening and that specific plans are being negotiated. The Enovate brand was officially launched in November 2018. In September 2020, the company's first model, the all-electric SUV Enovate ME7, was launched.

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Saudi Arabia Financing Chinese Building 59

Electric Vehicles India

APRIL 12, 2022

CRISIL analysis says the shift from vehicles with internal combustion engines to electric vehicles presents an estimated 3-lakh-crore opportunity for manufacturers of components, financiers, insurers, and shared mobility players, among other stakeholders in India, over the next five years. essential in it is a potential revenue of about ?1.5

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Electric Vehicles Vehicles India Electric 93

Green Car Congress

OCTOBER 4, 2017

In New York yesterday, Ford Motor Company provided a strategic update to investors; the presentation follows a four-month deep dive into Ford’s strategy and business operations led by President and CEO Jim Hackett and Ford’s senior leadership team. Rapidly improving fitness to lower costs, release capital and finance growth.

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Connect Connected Ford F-150 150

Green Car Congress

JANUARY 10, 2019

billion, in line with financial charge taken for this purpose in third-quarter, 2018. federal and state authorities FCA maintains its position that the Company did not engage in any deliberate scheme to install defeat devices to cheat emissions tests. The estimated total cost of settlements is $0.8

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Cost Of Diesel Emissions San Francisco 312

Green Car Congress

NOVEMBER 21, 2014

billion (US$80 billion), on a level with the planning approved in the previous year for the period from 2014 to 2018. In addition, the Company will make cross-product investments of €23.0 These investments will be financed from the joint ventures’ own funds. Market Background Vehicle Manufacturers' billion (US$51.3

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Green Car Congress

MAY 31, 2018

At the Movin’On 2018 mobility summit, Michelin announced its ambition that by 2048, all of its tires will be manufactured using 80% sustainable materials (recycled and renewable materials) and that 100% of all tires will be recycled. million in financing as part of the Investing in the Future program.

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2018 France Oil Georgia 199

Green Car Congress

JUNE 23, 2021

The Group—including Hyundai Motor Company and Kia Corporation—and Grab will further develop new pilots and initiatives that lower the barriers of entry for Grab driver and delivery-partners to adopt EVs, such as lowering the total cost of ownership and reducing range anxiety. Hyundai Motor Group and Grab Holdings Inc.

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Asia Hyundai Indonesia Singapore 199