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Si anode company LeydenJar secures €30M EU backing for silicon anode foil factory

Green Car Congress

The company will invest €60 million in the construction of its first production facility, called “Plant One”, of which €30 million comes from a European Investment Bank (EIB) loan facility. The rest of the financing comes from LeydenJar’s client projects, earlier committed grants and the Series A investment round in 2021.

Companies 231
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Stadler wins contracts for up to 120 battery-powered trains, 25 hydrogen trains

Green Car Congress

Separately, Italian railway operators Azienda Regionale Sarda Trasporti (ARST) and Ferrovie della Calabria (FdC) awarded Stadler two framework agreements for the supply and maintenance of 10 hydrogen trains for ARST in Sardinia and 15 similar vehicles for FdC in Calabria.

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Groundbreaking in Frankfurt for hydrogen refueling station for trains

Green Car Congress

Representatives from the State of Hesse, RMV (Rhein-Main-Verkehrsverbund), Alstom and Infraserv broke ground for a hydrogen filling station on the site of the Höchst industrial park in Frankfurt that will supply a fleet of 27 passenger fuel cell trains—currently, the world’s largest such.

Hydrogen 418
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TECO 2030 aims to build hydrogen fuel cell gigafactory in Norway

Green Car Congress

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. Fuel cell development is done in collaboration with Austrian engineering company AVL, the world’s largest independent company for development of powertrain systems.

Norway 468
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Out of charge: Fisker files for bankruptcy, again

Baua Electric

Fisker in a statement said it has sought Chapter 11 bankruptcy protection with a court in Delaware, and that it is currently in talks with creditors over debtor-in-possession financing and the sale of remaining assets. The company hasn’t said what support will be offered for Ocean owners.

Fisker 52
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Volta Trucks bounces back from bankruptcy, resumes ‘sharpened’ commercial EV business plan

Baua Electric

Volta began series production in Austria ahead of those planned deliveries in Q3 2023, but things started to go south once its battery supplier Proterra filed for Chapter 11 bankruptcy last summer. Beyond the UK, Volta Trucks says its customer trials will expand in Q2 to customers in Germany, France, Nordics, and Austria.

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Tesla delivered ~5,500 Model S worldwide in Q3, more than 1,000 to European customers; non-GAAP profit narrows and GAAP loss widens from Q2

Green Car Congress

The company is now producing 550 cars per week. Tesla introduced its lease-sale hybrid financing product for the Model S through one of the company’s specified banking partners at the beginning of Q2. Tesla also continues to supply full electric powertrains to Toyota for the RAV4 EV. GAAP and non-GAAP reporting.