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AMPLY Power saves up to 40% on energy costs for Tri Delta Transit electric buses

Green Car Congress

Municipal and commercial fleets are on the front lines of state-wide goals to decarbonize our transportation sector, and they deserve solutions that make the transition both simple and cost-effective. This service can also provide debt financing or secure grant funding to reduce capital expenditures and implement resiliency plans as needed.

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Li-ion battery-maker Farasis Energy raises $1B+ to accelerate global automotive battery manufacturing expansion

Green Car Congress

Farasis Energy, a global developer and manufacturer of lithium-ion cells, modules and large battery systems, recently completed C-round financing exceeding 1 Billion US dollars. The compay will use the capital raised to accelerate the expansion of its global automotive battery manufacturing infrastructure.

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Eos Energy launches $500M Project AMAZE with $398.6M conditional loan guarantee from DOE; long-term zinc-based storage

Green Car Congress

A rugged, injection-molded thermoplastic polymer exterior provides an optimized structure into which the electrodes are inserted—the Z3 design requires just 20 of them—minimizing materials, manufacturing, and maintenance while eliminating the risk of any external leaking.

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FCA US reaches settlements on diesel emissions at estimated cost of $800M

Green Car Congress

The estimated total cost of settlements is $0.8 billion, in line with financial charge taken for this purpose in third-quarter, 2018. Environmental Protection Agency (EPA) performed enhanced screening on diesel vehicles sold by all manufacturers. FCA US has also settled a putative class action on behalf of private consumers.

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Roskill: record cobalt deals in Q1 2018 show raw material procurement for Li-ion batteries revving up

Green Car Congress

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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Proposed Changes to Federal EV Tax Credit – Part 2: End of the Manufacturer Sales Phaseout

EV Adoption

Arguably the biggest flaw in the Plug-In Electric Drive Vehicle Credit ( IRC 30D ) regulations is the triggering of a phaseout schedule of the tax credit when a manufacturer sells 200,000 total EVs (BEV and PHEV). In this part 2 article, we’ll dive deeply into the elimination of the per manufacturer 200,000 EVs sold phaseout.

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In Q3, Tesla posts best net income, operating profit and gross profit

Green Car Congress

Its operating margin reached an all-time high as Tesla reduced cost at a higher rate than the declines in ASP. This profit level was reached while incurring SBC expense attributable to the 2018 CEO award of $190 million in Q3, primarily driven by a new operational milestone becoming probable. Earlier post.).

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