Green Car Congress

NOVEMBER 3, 2020

Lordstown Motors Corporation, a startup developing an all-electric pickup truck serving the commercial fleet market, merged with DiamondPeak Holdings Corporation, a special purpose acquisition company (SPAC). In November 2019, the Lodstown Motors acquired the Lordstown Complex, formerly a General Motors Corporation (GM) factory.

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Motor Motors Motoring Fleet 321

Green Car Congress

OCTOBER 6, 2021

The deal is the largest commercial order to date for Volvo electric trucks, and one of the largest yet for heavy electric trucks worldwide. DFDS has chosen a financing solution provided by Volvo Financial Services. Volvo Trucks started serial production of electric trucks in 2019, as one of the very first truck brands to do so.

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Volvo North America Electric Electrical 435

Green Car Congress

MAY 12, 2020

—Seong Kwon Han, President and Head of Commercial Vehicles Division at Hyundai Motor Company. The partnership is part of Korea’s Ministry of Environment’s project to install hydrogen refueling stations and subsidize privately financed infrastructure projects. In September 2019, Hyundai and Cummins Inc. Earlier post.).

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Hyundai Hydrogen Motor Motors 377

Green Car Congress

AUGUST 3, 2020

The National Defense Authorization Act (NDAA) passed by the Senate in late July includes the bipartisan Sustainable Chemistry Research and Development Act of 2019 ( S.999 999 ), led by US Senator Chris Coons (D-Del.) and cosponsored by Senators Susan Collins (R-Maine), Amy Klobuchar (D-Minn.) and Shelley Moore Capito (R-W.V.).

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Parts Delaware Federal Program United States 341

Green Car Congress

APRIL 2, 2021

Existing investors Breakthrough Energy Ventures, Ecosystem Integrity Fund, Summa Equity, Shell Ventures, and SYSTEMIQ also participated in the financing. This new round accelerates the larger hydrogen-electric engine development for the 50+ seat aircraft and supports additional commercial airlines initiatives to adopt hydrogen in aviation.

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Hydrogen Commercial Electric Electrical 376

Green Car Congress

JANUARY 17, 2020

A 2019 study by A.P. In January 2019, MAN Energy announced it was developing an ammonia-fueled engine. Ammonia is just one of the pathways towards zero-carbon emitting vessels. Moller - Maersk and Lloyds Register found that alcohols, biomethane and ammonia are the bets positioned for zero net emisisons shipping. Earlier post.).

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Fuel 2019 Singapore Emissions 221

Green Car Congress

NOVEMBER 4, 2020

million) Series D financing round. This Series D financing builds on a strong year for Skeleton Technologies, which saw a tripling of its revenues. 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. million (US$48.4

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Lithium Ion Financing Legal Hydrogen 170

Green Car Congress

OCTOBER 30, 2020

The infusion of capital will enable WiTricity to continue its leading-edge wireless power platform development, expand its intellectual property portfolio, and capitalize on the commercial momentum for wireless charging for electric vehicles (EVs) and in the broader mobility market.

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Mitsubishi Corporation Standards Charging 334

Green Car Congress

MAY 12, 2022

NFI started its electromobility journey with Volvo Trucks as part of the Volvo LIGHTS (Low Impact Green Heavy Transport Solutions) project that began in 2019. Earlier post.). Twenty of the trucks will be deployed as part of the Joint Electric Truck Scaling Initiative, or JETSI project. emission heavy?

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Volvo Industrial Industry Los Angeles 273

Green Car Congress

SEPTEMBER 10, 2018

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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Li-ion Manufacturer Global Batteries 239

Green Car Congress

APRIL 16, 2019

The investment forms part of Sila Nano’s $170-million Series E financing, which was led by Daimler. With the latest round of financing secured, Sila Nano has begun ramping up production volume and plans to supply its first commercial customers in consumer electronics within the next year.

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Lithium Ion Li-ion Batteries Battery 249

Green Car Congress

OCTOBER 4, 2020

Combining the technology with Soteria’s own current collector technology was selected in 2019 for a $750,000 DOE Technology Commercialization Fund project, “Li-on batteries with Safer Current Collectors,” with support from the DOE Office of Energy Efficiency and Renewable Energy, Vehicle Technologies Office.

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Li-ion Lithium Ion Batteries Battery 286

Green Car Congress

JULY 15, 2020

Announced in January 2020 by US Secretary of Energy Dan Brouillette, the Energy Storage Grand Challenge (ESGC) is a comprehensive program to accelerate the development, commercialization, and utilization of next-generation energy storage. Over the Fiscal Years 2017-2019, DOE has invested more than $1.2

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Energy Storage Energy United States Financing 300

Green Car Congress

APRIL 9, 2020

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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Energy Power Powered New York City 481

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 The new funding will help scale the business to a global commercial and production footprint, maximizing its sustainability impact. Starting with the iFE.20

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Volvo Porsche BMW Recharge 259

Green Car Congress

AUGUST 6, 2020

Ultimately, this will allow Octillion to build market cases for traditional financing groups eager to get into battery leasing but concerned by the technology. In a 2019 survey, customers in the market for a new vehicle were asked why they would be hesitant to purchase an electric vehicle (EV).

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Power Powered Batteries Battery 307

Green Car Congress

NOVEMBER 17, 2018

This represents approximately one-third of total expenditure for the 2019-2023 planning period and is the outcome of the Group’s planning round, which has now been completed and was discussed and endorsed by the Supervisory Board of Volkswagen Aktiengesellschaft at its meeting on Friday.

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Czech Republic 2020 Ford 2019 286

Green Car Congress

JANUARY 25, 2022

The Parliament of Mongolia has approved a resolution (Resolution 103) that resolves the outstanding issues that have been subject to negotiations with the Government of Mongolia over the last two years in relation to addressing Parliament Resolution 92 (December 2019). TRQ agreeing to conduct equity or rights offerings of up to $1.5

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Mongolia Financing Tax Grid 150

Baua Electric

JULY 14, 2023

Plans name for the use of the hidden cash raised within the spherical to proceed the commercialization procedure, amplify its footprint with dealership consumers and proceed product construction, the corporate stated. states; Southeast Toyota Finance, which supplies monetary services to Toyota sellers within the Southeast U.S.;

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Seattle Financing Toyota Lexus 52

Green Car Congress

JANUARY 24, 2019

The transaction is subject to regulatory clearances and customary closing conditions and is expected to close in the first quarter of 2019. Attis expects to finance the transaction with non-dilutive financing. Total consideration for the divestiture is $20 million in cash.

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Industrial Industry New York Renewable 191

Green Car Congress

JULY 24, 2018

I am pleased that we are progressing according to plan and that we are on track to start producing spodumene concentrate in the second half of 2019 with lithium salts production commencing in the last half of 2020. Prior to the most recent project financing, close to CAD20 million had already been invested for the Shawinigan site.

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Financing Canada Lithium Ion Installation 150

Green Car Congress

FEBRUARY 8, 2023

This compares to around 3% in 2019. hile bp will continue to high-grade its global oil and gas portfolio, due to improving operational reliability and commerciality over the past four years it also now anticipates retaining some oil and gas assets longer than previously envisaged. In 2022, bp invested $4.9 mmboe/d in 2030.

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Engine Oil Hydrogen 2019 150

Green Car Congress

AUGUST 15, 2018

Shockwave is financing its equipment required for this multi-million dollar project and is providing certain performance guarantees for the Shockwave Process. After successful pilot and demonstration-scale testing, Shockwave announced in June 2018 the commercial release of its corn fractionation platform.

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Carbon Oil Renewable Commercial 186

Green Car Congress

AUGUST 21, 2020

Oxy Low Carbon Ventures, LLC, a subsidiary of Occidental, and Rusheen Capital Management, a private equity firm, have formed a development company, 1PointFive, to finance and to deploy Carbon Engineering ’s large-scale Direct Air Capture (DAC) technology. Carbon Engineering’s DAC technology has four major elements.

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Carbon Companies Climate Tax Credit 221

Green Car Congress

APRIL 27, 2018

Once completed in 2019, the scale-up and research facility will be used to develop, test and industrialize lithium-ion battery cells before large-scale production. Northvolt last year initiated a fundraising round with the ambition to raise up to €100 million to finance the launch of Northvolt Labs.

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Batteries Battery Lithium Ion Sweden 207

Green Car Congress

APRIL 11, 2018

The acquisition is expected to close in the second half of 2018, subject to regulatory and shareholder approvals and other customary closing conditions, with the separation occurring in the second half of 2019. by the end of 2019. Powertrain Technology Company. Aftermarket & Ride Performance Company.

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Companies 2019 Fuel Economy Clean 186

Green Car Congress

NOVEMBER 21, 2014

The main focus will be on expanding the SUV range—in particular in the A/A0 class—as well as on modernizing part of the light commercial vehicle portfolio. billion (US$27 billion) in new production facilities and products in the period from 2015 to 2019. These investments will be financed from the joint ventures’ own funds.

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Poland 2018 2019 2015 317

Green Car Congress

DECEMBER 11, 2021

Following an MoU signed in November 2019, Vulcan had already completed the Maiden Indicated Lithium-Brine Mineral Resource Estimation at the Insheim license in January 2020, reporting an Indicated Mineral Resource of 722,000 t of contained Lithium Carbonate Equivalent (LCE), with a lithium brine grade of 181 mg/l Li.

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Carbon Companies Renewable Luxembourg 243

Green Car Congress

MAY 6, 2020

Discussions underway with Glencore on commercial arrangements, financing and allocation of project economics; third party and government funding opportunities also under review. Cobalt demand from nickel-cobalt-manganese (NCM) batteries used in EVs will increase from approximately 20,000 tonnes in 2019 to over 730,000 tonnes in 2040.

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Sodium Batteries Battery Tax 221

Electric Vehicles India

JUNE 11, 2021

The scaled-up FAME II, effective from April 2019, has an outlay of INR 100 billion (USD 1.4 It is decreased by around 20% to 2,36,802 when compared to 2,95,683 units in FY 2019-20. The auto industry is witnessing a de-growth when compared to the sales of vehicles from 2021 to 2019. . Ministry of Finance (MoF).

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Transportation Electric Vehicles Sale Vehicles 90

Electric Vehicles India

MAY 6, 2021

Earlier in 2019, the study showed that in 2019, electric vehicles powered by batteries were not yet cost competitive when compared to gasoline, diesel, or compressed natural gas (CNG) vehicles. Step two-Comparison of costs per km 2020 versus 2019. Based on policies in place in 2020 Vs 2019. Cost analysis .

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Fleet India Suzuki Tax 52

Electric Vehicles India

OCTOBER 9, 2021

The deal is the largest commercial order to date for Volvo electric trucks , and one of the largest ever for heavy electric trucks worldwide. DFDS has chosen a financing solution provided by Volvo Financial Services. Volvo Trucks receives order for 100 electric semis. largest shipping and logistics company.

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Volvo CO2 Re-Charge Electric 77

Green Car Congress

JANUARY 3, 2019

a manufacturer of electric-mobility solutions to the transportation sector ( earlier post ), closed a $35-million financing with Marathon Asset Management. This agreement provides meaningful, near-term funding that will go directly toward building and delivering vehicles to customers in 2019. Workhorse Group Inc.,

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Financing Purchase Energy Batteries 259

Green Car Congress

OCTOBER 4, 2017

By 2019, 100% of Ford’s new US vehicles will be built with connectivity. Rapidly improving fitness to lower costs, release capital and finance growth. Specifically, Ford is: Accelerating the introduction of connected, smart vehicles and services customers want and value. Expanding electric vehicle revenue opportunities.

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Connect Connected Ford F-150 150

Green Car Congress

OCTOBER 20, 2015

and China markets, while the Russian Finance Ministry recently backed away from a tax proposal which Russian crude producers said would reduce their output. The Finance Ministry sought a change in the mineral extraction tax formula to generate an additional 609 billion rubles in 2015 and 1.6

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Russia Saudi Arabia Oil Market 150

MyEVOnline

JULY 28, 2020

However, this time the company has adopted a different strategy to create and finance its product. However, the company’s growth slowed down, and it became bankrupt in October 2019. In December 2019, Lucid started producing Air at its manufacturing facility based in Casa Grande, Arizona. The price will be around $40,000.

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Los Angeles Fisker Tesla SUV 52

Green Car Congress

JANUARY 20, 2021

billion, level with 2019 despite falling unit prices. Commercial EV investment declined from $12 billion in 2016 to $4 billion in 2020. The market is shifting from long-haul heavy-duty commercial vehicles towards cheaper medium- and light-duty commercial vehicles for regional and local deliveries of consumer goods.

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