CleanTechnica EVs

OCTOBER 6, 2023

The USA has effectively locked out Chinese batteries from its domestic market, but what if components like LFP cathodes are made in Morocco, in a factory financed by a Chinese–Korean partnership? Looks like there is more than one way to skin a cat. Sounds complicated, but it might just work, as Morocco has a free […]

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Morocco Financing USA Chinese 133

Green Car Congress

NOVEMBER 18, 2020

Broader collaboration among key stakeholders and a new generation of finance solutions will be needed to electrify trucks and buses at scale by 2050, according to a report released today by Environmental Defense Fund (EDF), MJ Bradley and Vivid Economics. —“Financing the Transition”. —“Financing the Transition”.

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Financing Fleet Stimulus Grant 221

EV Life

AUGUST 17, 2023

4 has to offer, compare available trims, and take a look at how you can save money with EV incentives by financing through EV Life. 4 provides a nice balance between comfort, practicality, and style, combined with decent power and a respectable battery range. In this spotlight, we will examine everything the Volkswagen ID.4

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Financing Electric Vehicles Tax Credit Vehicles 52

Teslarati

JULY 9, 2023

France’s Finance Minister, Bruno Le Maire, is optimistic that Tesla would decide to significantly invest in the country. We have also invested in an… entire sector of electric batteries, so we will try to convince him that France is the best possible place in Europe to establish the next Tesla factory,” said Barrot.

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France Financing Tesla Spain 109

Green Car Congress

JUNE 23, 2017

Park City Transit has deployed Utah’s first zero-emission, battery-electric mass transit fleet, which will include six Proterra Catalyst FC+ buses. buy the bus, lease the battery. Proterra is responsible for the performance of the batteries through the life of the lease, removing operator risk.

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Financing Batteries Battery Utah 186

EV Life

AUGUST 10, 2023

We’ll also take a look at the best way to save money when financing your Lightning purchase through an EV Climate Loan with EV Life. Two battery options are available, with the standard range holding 98 kWh of usable capacity and the extended range pack capable of 131 kWh. Colorado Electric Vehicle Tax Credit.

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F-150 Financing Ford Electric Vehicles 52

EV Life

AUGUST 4, 2023

General Motors was one of the original pioneers of electric cars, introducing the EV1 in 1996 and the game-changing Volt in 2010. Chevrolet has continued that trend in the last few years—emerging as a major leader in the electric vehicle industry. Clean Vehicle Rebate Project (CVRP). Colorado Electric Vehicle Tax Credit.

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Chevrolet Financing Electric Vehicles Tax Credit 52

Green Car Congress

MAY 21, 2014

National Electric Vehicle Sweden (NEVS), the company resurrecting the Saab brand ( earlier post ), has halted production of its vehicles (currently at 6 units per day) while it sorts through financing issues and aligns its strategy with new OEM partners. NEVS also cut back on its hired consultants.

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Financing Sweden Electric Vehicles Production 225

CleanTechnica EVs

OCTOBER 2, 2023

Dr. Situmbeko Musokotwane, Zambia’s Minister of Finance and National Planning, announced that, “… to continue promoting the usage of clean energy as well as supporting the green economy and climate change mitigation, I propose the following measures: a) Remove customs duty on […] Here is some good news from Zambia.

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Zambia Climate Change Electric Vehicles Financing 123

Green Car Congress

NOVEMBER 25, 2019

Group14 Technologies announced $18 million in new financing from Amperex Technologies Limited (ATL), Showa Denko (SDK), Cabot Corporation, BASF Venture Capital, and OVP Venture Partners. When the automotive industry is fully electrified, there will be a nearly trillion-dollar battery industry, 25 times bigger than today.

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Financing Carbon Li-ion Lithium Ion 243

Green Car Congress

JUNE 17, 2020

The European Investment Bank (EIB) has signed a €125-million loan with Umicore, the Belgian-based global materials technology and recycling group, to finance part of the greenfield production facility for cathode materials in Poland. Battery production is a rapidly advancing industry. billion of overall project costs.

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Poland Lithium Ion Batteries Battery 243

Green Car Congress

OCTOBER 13, 2020

a provider of cost-effective drone-integrated electric vehicles to the last-mile delivery sector, has entered into a note purchase agreement (NPA) under which it will sell $200 million aggregate principal amount of its 4.0% Workhorse Group Inc., Senior Secured Convertible Notes due 2024 to two institutional lenders.

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Financing Convert Corporation Price 186

Green Car Congress

DECEMBER 1, 2019

Northvolt and Mälarenergi are partnering to establish a battery energy storage system at an electric vehicle charging station in Västerås, Sweden. The battery system will provide power output up to 220 kW and a usable energy capacity of 320 kWh. —Emad Zand, President Energy Solutions, Northvolt.

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Energy Storage Energy Charging Batteries 390

Green Car Congress

OCTOBER 20, 2022

billion to 21 projects to expand domestic manufacturing of batteries for electric vehicles (EVs) and the electrical grid and for materials and components currently imported from other countries. The US Department of Energy (DOE) is awarding a combined $2.8 Earlier post.) Of that, $1.6

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Parts Batteries Battery Lithium Ion 459

Green Car Congress

AUGUST 4, 2022

SK On has secured a total of US$2 billion as its investment resource for its European battery business with the aid of Euler Hermes, a trade credit insurance institution of Germany, Korea Trade Insurance Corporation, and the Export-Import Bank of Korea. The amount is enough to power 430,000 electric vehicles (EVs) per year.

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Europe Batteries Battery Financing 210

Green Car Congress

JULY 1, 2023

has acquired the full and sole ownership of the German company resulting from the former joint venture Nikola Iveco Europe, now to be renamed as EVCO (Electric Vehicles COmpany). Iveco Group N.V.

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Europe North America Financing America 395

Electric Vehicles India

DECEMBER 26, 2021

Hero Electric ties up with HDB Financial Services for retail finance. Hero Electric on Wednesday said it has tied up with HDB Financial Services, a non-banking financial company (NBFC), to offer easy financing options for the purchase of electric scooters.

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Financing Electric Electrical Dealers 85

Green Car Congress

JUNE 1, 2021

ŠKODA AUTO, a subsidiary of the Volkswagen Group, is introducing a smart energy storage system using second-life batteries from electric vehicles. The system stores sustainably generated electricity in used batteries that come from the all-electric SUV ŠKODA ENYAQ iV as well as the plug-in hybrid models SUPERB iV and OCTAVIA iV.

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Energy Storage Czech Republic Energy Batteries 397

Green Car Congress

AUGUST 17, 2023

General Motors is leading a $60-million Series B financing round in Mitra Chem , a Silicon Valley-based, AI-enabled battery materials innovator. Iron-based cathodes are cheaper, cleaner, and safer than legacy battery technologies such as NMC and NCA that exist today, but are less energy-dense than Ni/Co-based ternary cathodes.

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GM Batteries Battery Companies 195

Green Car Congress

OCTOBER 25, 2022

AM Batteries (AMB), a developer of lithium-ion dry-electrode technology, closed its Series A financing. One of the fundamental issues with today’s lithium-ion battery manufacturing process is the heavy carbon footprint, energy consumption, and cost from the solvent evaporation and recovery process needed for electrode fabrication.

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Lithium Ion Manufacturer Batteries Battery 150

Green Car Congress

APRIL 13, 2021

The financing will support the development of a commercial-scale processing facility with the annual capacity to process 10,000 tons of batteries—the batteries from approximately 20,000 electric vehicles (EVs) a year. Battery Resourcers was founded in 2015 in Worcester, Mass.

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Li-ion Lithium Ion Manufacturer Batteries 210

Green Car Congress

OCTOBER 9, 2020

Owning a plug-in electric vehicle today will save consumers thousands of dollars compared to owning a gas-powered vehicle, according to a new analysis by Consumer Reports comparing electrics to CR’s top-rated vehicles, as well as the best-selling, most efficient, and best-performing gasoline-powered vehicles on the market.

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Gas-Electric Gas Electric Vehicles Power 307

Green Car Congress

DECEMBER 17, 2020

For 2021, Toyota has fully rebooted the Mirai, originally offered in 2016, as a premium rear-wheel drive sports-luxury fuel cell electric vehicle (FCEV) with striking design, cutting-edge technology, more engaging driving performance and a significantly longer EPA-estimated range rating. Ah, compared to 244.8v Ah in the earlier car).

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Toyota Design Electric Vehicles Fuel 448

Green Car Congress

APRIL 28, 2021

Ford announced a new global battery center of excellence—called Ford Ion Park—to accelerate research and development of battery and battery cell technology, including future battery manufacturing. Ford’s new Battery Benchmarking and Test Laboratory in Allen Park, Mich., This 200,000 sq.-ft.

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Ford Global F-150 Batteries 334

Green Car Congress

MARCH 7, 2021

Finland represents an attractive low risk mining jurisdiction (top five jurisdiction in the Fraser Institute) and has developed a National Battery Strategy that outlines the objectives for the country to become a competitive, competent and sustainable player in the international battery industry.

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Finland Batteries Battery Financing 243

Green Car Congress

JUNE 20, 2023

Globally, the battery industry needs to invest at least $514 billion across the whole supply chain to meet expected demand in 2030, and $920 billion by 2035, according to a new analysis by Benchmark. Demand for lithium ion batteries is forecast to grow to 3.7 However, batteries are the fastest-growing demand market for nickel.

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Industrial Industry Global Lithium Ion 243

Green Car Congress

JUNE 22, 2023

billion to BlueOval SK LLC (BOSK) for the construction of three manufacturing plants to produce batteries for Ford Motor Company’s future Ford and Lincoln electric vehicles. Together, the plants, one located in Tennessee and two in Kentucky, will enable more than 120 GWh of US battery production annually. Earlier post.)

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Ford Kentucky Tennessee Batteries 150

Green Car Congress

AUGUST 6, 2020

Octillion Power Systems, a global provider of advanced lithium-ion storage systems for electric mobility ( earlier post ), announced a new demonstrator program for battery-leasing that allows batteries to be leased to fleet customers when they purchase vehicles. —Paul Beach, president, Octillion Power Systems.

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Power Powered Batteries Battery 307

Green Car Congress

APRIL 27, 2022

South 8 Technologies, a developer of electrolyte formulations for next-generation lithium batteries, has raised $12 million in Series A financing, led by Anzu Partners with participation from LG Technology Ventures, Shell Ventures, Foothill Ventures, and Taiyo Nippon Sanso Corporation (TNSC). —Cyrus Rustomji, Ph.D.,

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Lithium Ion Commercial Li-ion Batteries 284

Green Car Congress

APRIL 3, 2021

Hercules Electric Vehicles—a Detroit-based startup—is opening a $20-million Series A investment round managed by CMD Global Partners, a boutique investment bank. Hercules is developing an all-electric sport pickup truck, the Hercules Alpha, which will be available in late 2022. How Prieto 3D batteries work.

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Li-ion Batteries Battery Lithium Ion 365

Green Car Congress

SEPTEMBER 2, 2023

billion package of funding and loans primarily focused on retooling existing factories for the transition to electric vehicles (EVs). billion in funding to expand domestic manufacturing of batteries for electric vehicles and the nation’s grid, as well for battery materials and components currently imported from other countries.

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Conversion Grant Manufacturer Supplies 279

Green Car Congress

NOVEMBER 22, 2022

Domino’s is rolling out more than 800 custom-branded 2023 Chevy Bolt electric vehicles at select stores throughout the U.S., making it the largest electric pizza delivery fleet in the country. Today, Domino’s already delivers with electric bikes and/or scooters in 24 international markets, including the US.

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Fleet Maintenance Store Gasoline-Electric 468

Baua Electric

NOVEMBER 18, 2023

the adoption of electric vehicles (EVs) in India has been gaining momentum, driven by various factors such as environmental concerns, government initiatives, and advancements in technology. Various policy measures and incentives have been introduced to encourage both manufacturers and consumers to embrace electric mobility.

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India Electric Vehicles Vehicles Electric 98

Electric Vehicles India

DECEMBER 14, 2021

Reducing the cost of electric vehicles. The Government on 12th May 2021 approved a Production Linked Incentive (PLI) scheme for manufacturing of Advanced Chemistry Cell (ACC) in the country in order to bring down prices of batteries in the country. Drop-in battery price will result in cost reduction of electric vehicles.

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Cost Of Electric Vehicles Vehicles Scrappage 101

Green Car Congress

SEPTEMBER 1, 2021

The South Coast Air Quality Management District (South Coast AQMD) is leading a landmark effort along with the California Air Resources Board (CARB) and the California Energy Commission (CEC) to deploy 100 battery-electric regional haul and drayage trucks across California.

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California Los Angeles North America Batteries 334

Green Car Congress

MAY 3, 2017

Speaking this week at the Bloomberg New Energy Finance conference in New York, Total SA’s chief energy economist, Joel Couse, forecasted that EVs will make up 15 to 30 percent of global new vehicle sales by 2030. One barrier is the cost of owning an electric vehicle versus a cheaper, comparable gasoline-engine vehicle.

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Oil Electric Vehicles Vehicles Financing 218

Green Car Congress

FEBRUARY 11, 2023

Redwood will draw upon this milestone-based financing in tranches that support phased construction and allows the company to unlock funding as it accelerates the construction and expansion of its first battery materials campus. battery cell manufacturers. battery cell manufacturers.

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Lithium Ion Batteries Battery Nevada 170