Green Car Congress

APRIL 18, 2020

IHS Markit is forecasting that global commercial vehicle production (GVW 4-8) volumes in 2020 compared to 2019 will be down 22% (more than 650,000 units) to 2.6 These forecasts are informed by the latest IHS Markit global economic forecast updates, which reflect a 3.0% decline in global real GDP in 2020.

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2020 Commercial Global Production 191

Green Car Congress

MAY 31, 2020

The COVID-19 pandemic has set in motion the largest drop in global energy investment in history, with spending expected to plunge in every major sector this year—from fossil fuels to renewables and efficiency—the International Energy Agency said in a new report.

Global 344

Global Energy Coal 2020 344

Green Car Congress

JULY 21, 2020

Mercom Capital Group, LLC, a global clean energy communications and consulting firm, released its report on funding and mergers and acquisitions (M&A) activity for the global Battery Storage, Smart Grid, and Energy Efficiency sectors for the second quarter (Q2) and first half (1H) of 2020. billion compared to $2.4 Smart Grid.

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Grid 2020 Companies Batteries 221

Green Car Congress

FEBRUARY 18, 2022

But according to a new report from CoBank, another major challenge that is often overlooked is the monumental impact these vehicles will have on the data center market. To put that into perspective, in 2020 the average person worldwide generated about 150 gigabytes per day. 4% of the datasphere would be stored. 4% of the data created?

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Market Las Vegas Vehicles Store 210

Green Car Congress

MARCH 24, 2021

To support these developments and be able to offer a complete and competitive Renault Trucks range on the market, the company is setting up an organization dedicated to electric mobility. To help meet the Paris Agreement’s goal of limiting global warming to less than 1.5 Preparations are underway to market a Z.E. to 26 tonnes.

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Range Market Volvo Electric 459

Green Car Congress

SEPTEMBER 21, 2022

The findings of this joint research on ammonia cracking will help support industry-wide efforts to decarbonize transport and heavy industrial processes and lower carbon emissions to meet global climate goals. Founded in 2020 by four MIT PhD alumni, Amogy aims to enable the decarbonization of the heavy-duty transportation sector.

Hydrogen 186

Hydrogen Global Supplies MIT 186

Green Car Congress

NOVEMBER 11, 2020

Global renewable energy investment increased between 2013 and 2018, reaching its peak at US$351 billion in 2017, according to a new report by the International Renewable Energy Agency (IRENA) and Climate Policy Initiative (CPI). The 2020 edition of Global Landscape of Renewable Energy Finance highlights however, that while a cumulative US$1.8

Climate 349

Climate Renewable Financing 2018 349

Green Car Congress

MAY 31, 2021

The report finds that annual investments in nature-based solutions (NbS) will have to triple by 2030 and increase four-fold by 2050 from the current investments of $133 billion (using 2020 as base year). The report uses the global standard developed by the International Union for the Conservation of Nature (IUCN) for nature-based solutions.

Financing 296

Financing Climate Stimulus Climate Change 296

Green Car Congress

SEPTEMBER 23, 2019

Leading banks and the United Nations on Sunday launched the Principles for Responsible Banking , with 130 banks collectively holding US$ 47 trillion in assets—one third of the global banking sector—signed up. The Principles create the accountability that can realize responsibility, and the ambition that can drive action.

Climate 236

Climate Global Climate Change Financing 236

Green Car Congress

SEPTEMBER 23, 2021

6K, a developer of microwave plasma technology for the production of advanced materials for energy storage and additive manufacturing powders ( earlier post ), closed a $51M Series C financing round. 6K’s UniMelt platform offers multifaceted sustainability benefits.

Manufacturer 170

Manufacturer Global Batteries Battery 170

Green Car Congress

MAY 3, 2021

EnergyX) has secured commitments of $20 million in financing. The company said that the funding makes it the highest-valued direct lithium extraction technology company on the market. In 2020 global supply was roughly 315k tons; this is expected to rise to 5.5M Earlier post.) tons by 2040.

Companies 448

Companies Lithium Ion Energy Storage Cleaner 448

Green Car Congress

JUNE 7, 2021

The report indicates that “ the G7 will need to assist emerging market and developing countries in tackling their greater debt and finance constraints that have resulted from the pandemic, and embark on programmes of green recovery and transformation ”. The report says that $1.5-1.7

Global 170

Global Stimulus Package Financing Stimulus 170

Green Car Congress

AUGUST 3, 2022

million barrels per day (MMb/d) of global refinery capacity once fully operational. In the International Energy Agency’s (IEA) June 2022 Oil Market Report, the IEA expects net global refining capacity to expand by 1.0 The scheduled expansions follow a period of reduced global refining capacity. million b/d in 2023.

Asia 418

Asia Saudi Arabia Kuwait Oman 418

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.

Li-ion 239

Li-ion Manufacturer Global Batteries 239

Green Car Congress

MARCH 7, 2022

Pony.ai, a global autonomous driving technology company, has completed its first close of its Series D financing. From 2020 to the end of 2021, our key safety metrics increased tremendously, such that in most circumstances Pony.ai’s virtual driver is now equal to or superior to a human driver. —Tiancheng Lou, Pony.ai

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Financing 2020 Commercial Global 199

Green Car Congress

MAY 25, 2022

Volvo Cars successfully placed its second green bond to raise €500 million from a diverse set of global investors. The bond was oversubscribed three-times, despite challenging global market conditions. By mid-decade, it aims for half of its global volume to consist of pure electric cars.

Volvo 329

Volvo Green Luxembourg Cars 329

Green Car Congress

NOVEMBER 2, 2010

Plug-in electric vehicles, including plug-in hybrids and battery electric vehicles, have the potential to make up 9% of US auto sales in 2020 and 22% in 2030 (1.6 million and 4 million vehicle sales respectively), according to research company Bloomberg New Energy Finance (BNEF). million units in 2020, or some 7.3% Earlier post.)

Financing 283

Financing Plug-in 2020 Plug 283

Green Car Congress

JULY 4, 2022

As the world contends with a global energy crisis, nuclear power has the potential to play a significant role in helping countries to securely transition to energy systems dominated by renewables, according to a new special report by the IEA. —IEA Executive Director Fatih Birol.

Russia 458

Russia Power Powered Emissions 458

Green Car Congress

JUNE 5, 2014

A new report from Frost & Sullivan, “Strategic Analysis of Inductive Charging for Global Electric Vehicles (EV) Market,” finds forecasts the total market for inductive (wireless) charging will experience a compound annual growth rate of 126.6% from 2012 to 2020, with approximately 351,900 units likely to be sold.

2020 321

2020 2012 Charging North America 321

Green Car Congress

MAY 3, 2022

In 2021, China imported more liquefied natural gas (LNG) than any other country, according to data from Global Trade Tracker and China’s General Administration of Customs, gathered by the US Energy Information Administration (EIA). billion cubic feet per day (Bcf/d), a 19% increase compared with 2020. China’s LNG imports averaged 10.5

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China Qatar United States Malaysia 273

Green Car Congress

JULY 30, 2021

million in new financing. Surging global demand for electric vehicles (EVs) and other motorized devices has highlighted global dependency on the unsustainably-produced rare earth materials currently required for the magnets needed in electric drivetrains and motors. 2019.165962.

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Minnesota Commercial Clean Cleaning 482

Green Car Congress

MARCH 10, 2023

ClearFlame Engine Technologies has raised $30 million in Series B funding to bring to market innovative solutions that power heavy-duty engines with clean, renewable fuels and create a viable business solution to reduce carbon and soot. Earlier post.)

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Engine Financing North America Clean 150

Green Car Congress

NOVEMBER 8, 2012

Antonio Tajani, Vice President of the European Commission in charge of Industry and Entrepreneurship, introduced the EC’s CARS 2020 Action Plan aimed at reinforcing the European automotive industry’s competitiveness and sustainability heading towards 2020. of around 16% of GDP to as much as 20% by 2020. —“CARS 2020”.

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Auto Industry 2020 Industrial Industry 231

Green Car Congress

FEBRUARY 3, 2017

Grab, the leading ride-hailing platform in Southeast Asia, launched its “Grab 4 Indonesia” 2020 master plan, endorsed by Badan Koordinasi Penanaman Modal (BKPM), the Government of Indonesia’s Investment Coordinating Board. Expand access to mobile payments and financing opportunities. million commuters in greater Jakarta.

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Indonesia 2020 Asia Financing 150

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. million grant ($17-million) to deliver a breakthrough 19-seat hydrogen-electric powered aircraft that is market-ready by 2023. The program kick-off is supported by a new raise of $24.3

Hydrogen 376

Hydrogen Commercial Electric Electrical 376

Green Car Congress

SEPTEMBER 10, 2020

According to GlobalData, more than 160GW of fresh nuclear capacity will be added globally between 2020-2030 out of which about 66% of this capacity addition is anticipated to take place in China, India and Russia. These pipeline projects are either in the permitting phase, financing phase or are under construction.

China 334

China Russia India Taiwan 334

Green Car Congress

JANUARY 7, 2020

JetBlue will offset carbon dioxide emissions from jet fuel for all domestic JetBlue flights beginning in July 2020, making it the first major US airline to take this measurable step toward reducing its contribution to global warming. The sale of carbon offsets help to finance the projects.

Carbon 150

Carbon 2020 Emissions San Francisco 150

Green Car Congress

FEBRUARY 4, 2021

Although on paper, capacity in the pipeline appears sufficient to meet this demand growth, Roskill expects challenges and set-backs in developing, financing and commissioning lithium mining and refining operations. In 2019, rechargeable batteries accounted for 54% of total lithium demand, almost entirely from Li-ion battery technologies.

Industrial 337

Industrial Industry Lithium Ion Li-ion 337

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

Argentina 333

Argentina Global Batteries Battery 333

Green Car Congress

JANUARY 10, 2020

The chargers are to be rolled out in 24 countries by the end of 2020 as part of the second phase of the IONITY network expansion. ABB was already commissioned in 2018 as technology partner to deliver 340 high-power chargers to IONITY and was the first to market in Europe with 350 kW chargers featuring liquid cooled cables.

Europe 243

Europe Financing DC Switzerland 243

Green Car Congress

NOVEMBER 17, 2021

Titan Advanced Energy Solutions, a pioneer in ultrasound-based battery management solutions, announced a $33-million Series B financing led by HG Ventures, the corporate investment arm of The Heritage Group. Titan’s primary focus is on the automotive and stationary storage markets. billion in 2020 to $38.32 billion by 2025.

Li-ion 218

Li-ion Energy Batteries Battery 218

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. Responses to this RFI will be due 21 August 2020.

Energy Storage 300

Energy Storage Energy United States Financing 300

Green Car Congress

JULY 8, 2020

The European Commission had put forward a proposal to revise the EU system for monitoring, reporting and verifying CO 2 emissions from maritime transport (the “EU MRV Regulation”) and to bring it in line with new obligations under International Maritime Organisation (IMO) to monitor emissions from 2019 and report in 2020. Next steps.

Environment 247

Environment CO2 Climate Industrial 247

Green Car Congress

JUNE 3, 2022

SafeAI, a global leader in autonomous heavy equipment, announced a collaboration with Siemens today to create an autonomous, zero emission heavy vehicle fleet for Obayashi Corporation. SafeAI and Obayashi originally announced their partnership in October 2020, beginning with a pilot site in Cupertino.

Industrial 397

Industrial Industry Emissions Vehicles 397

Green Car Congress

MAY 11, 2016

Key elements of the initial agreement were a project to develop jointly a common B- and C-segment global platform and to create a joint R&D center based in Shanghai dedicated to developing products and technologies for fast-growing Asian markets. billion) by 2020. —Carlos Tavares.

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2019 Design Global Motor 150

Green Car Congress

MARCH 7, 2021

Based on a feasibility study completed in 2019 and improved in 2020, Keliber currently has 9.3 An updated and enhanced definitive feasibility study will be completed within 18 to 24 months, with a view to achieving successful project financing of a currently estimated €340 million by H2 2022.

Finland 243

Finland Batteries Battery Financing 243

Green Car Congress

FEBRUARY 18, 2021

We combine a best-in-class fuel cell solution with a long history of being a trusted engineering partner to leading companies in the global maritime industry. Financing alternatives are being evaluated. TECO 2030 was listed on Euronext Growth Oslo in the fall of 2020. —Tore Enger, CEO of TECO 2030 ASA.

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Norway Hydrogen Fuel Building 468