Remove 2019 Remove Building Remove Financing Remove International
article thumbnail

US DFC approves $150M conditional loan commitment for Balama graphite mine in Mozambique

Green Car Congress

The US Development Finance Corporation’s (DFC’s) Board of Directors approved the provision of up to $150 million in financing to Twigg Exploration and Mining—a wholly-owned subsidiary of Australia-based Syrah Resources Limited—to fund investments in the company’s graphite mining and processing operation in Balama, Mozambique.

article thumbnail

Ford to build more EV software capability at Chennai tech hub | Autocar Professional

Baua Electric

American automaker Ford, whch is known to be working on an affordable EV platform, is set to build more electric vehicle (EV) software capabilities at its Ford Business Solutions India operation, based in Chennai. This information is as per a tweet by TN Investment today.

Ford 52
article thumbnail

Electric pickup startup Lordstown Motors goes public via SPAC; $1.6B transaction

Green Car Congress

In November 2019, the Lodstown Motors acquired the Lordstown Complex, formerly a General Motors Corporation (GM) factory. Lordstown Motors will use the site to build the Endurance, its flagship fully-electric full-size pickup truck designed specifically to serve the commercial fleet market.

Motor 321
article thumbnail

Skeleton Technologies raises €41.3 million in Series D from top European entrepreneurs

Green Car Congress

million) Series D financing round. All existing investors participated in the equity raise and were joined by notable European entrepreneurs and international investors. This Series D financing builds on a strong year for Skeleton Technologies, which saw a tripling of its revenues. This follows a similar growth in 2019.

article thumbnail

Octillion Power Systems debuts new EV battery-leasing plan

Green Car Congress

The program is designed to ensure that fleets feel prepared to make the switch from vehicles powered by internal combustion engines to electric vehicles. Ultimately, this will allow Octillion to build market cases for traditional financing groups eager to get into battery leasing but concerned by the technology.

Power 307
article thumbnail

MISC, Samsung Heavy, Lloyd’s Register and MAN partner to develop ammonia-fueled tanker

Green Car Congress

A 2019 study by A.P. In January 2019, MAN Energy announced it was developing an ammonia-fueled engine. This builds on the technology development pathway that MAN ES presented at the NH3 Energy+ Topical Conference at Pittsburgh in October 2018. Ammonia is just one of the pathways towards zero-carbon emitting vessels.

Fuel 221
article thumbnail

PGM leader Sibanye-Stillwater enters battery metals sector through a partnership with and investment in lithium miner Keliber

Green Car Congress

International precious metals mining company Sibanye-Stillwater has entered into an investment agreement with Finnish lithium miner Keliber Oy. Based on a feasibility study completed in 2019 and improved in 2020, Keliber currently has 9.3 The project financing would include both a debt and equity component.

Finland 243