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.

Gas-Electric 307

Gas-Electric Gas Electric Vehicles Power 307

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.

Financing 186

Financing Convert Corporation Price 186

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.

Power 307

Power Powered Battery Batteries 307

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.

Financing 85

Financing Electrical Electric Dealers 85

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.,

Ford 334

Ford Global F-150 Battery 334

Green Car Congress

JULY 25, 2023

Li-ion battery recycling technology company Aqua Metals ( earlier post ) entered into a strategic partnership with Yulho Co., a storage solution and battery materials company based in South Korea. The parties have entered into a securities purchase agreement and expect to close on the investment on or about 4 August 2023.

South Korea 150

South Korea Battery Batteries Li-ion 150

Green Car Congress

JUNE 15, 2021

The study considers five different powertrains (internal combustion engine, hybrid-electric, plug-in hybrid-electric, fuel-cell-electric, and battery-electric) and 12 cost components (purchase cost, depreciation, financing, fuel, insurance, maintenance, repair, taxes, registration fees, tolls and parking, payload capacity and labor).

Maintenance 418

Maintenance Cost Of Chad Plug-in 418

Green Car Congress

APRIL 5, 2023

Group14 Technologies, a global manufacturer and supplier of advanced silicon battery technology, has begun construction of a second commercial-scale US Battery Active Materials (BAM-2) factory in Moses Lake, WA, in support of domestic efforts to advance the electric vehicle (EV) market.

Commercial 199

Commercial Battery Batteries Porsche 199

Green Car Congress

DECEMBER 17, 2020

The new, longer-range Lightning Electric Transit Van is the fourth generation of its battery-electric and fuel cell electric platform, based on the Ford Transit 350HD chassis. In 2021, Colorado's Lightning eMotors is introducing a new Generation 4 model of its popular Lightning Electric Transit Van.

Battery 448

Battery Batteries Fuel Electrical 448

Green Car Congress

AUGUST 14, 2021

A new study published by US Department of Energy’s (DOE) Argonne National Laboratory offers the most complete understanding yet of the costs of owning and operating a vehicle, and how those costs vary by powertrain, from the conventional to the cutting-edge. Overall, hybrid electric vehicles tend to be the lowest-cost powertrain.

Transportation 435

Transportation Alternative Fuels Maintenance Chad 435

Teslarati

JANUARY 3, 2022

China announced that it would eliminate subsidies that encourage consumers to purchase electric vehicles by the end of 2022. The subsidy cuts will only apply to new energy vehicles (NEVs), which China defines as any plug-in electric vehicle that qualifies for public subsidies.

China 145

China Electric Vehicles Vehicles Electrical 145

CleanTechnica EVs

SEPTEMBER 22, 2023

Watu says it has been at the forefront of asset financing for two- and three-wheeler vehicles. So far, the company has financed the purchase of over 100 electric assets in Kenya. Watu’s e-motorbike financing model enables customers to acquire an electric motorcycle for as little as Ksh 450 daily (US$3 per day).

Kenya 115

Kenya Electric Motorcycles Financing Motorcycles 115

Green Car Congress

APRIL 16, 2019

Daimler AG has acquired a minority equity stake in US battery material specialist Sila Nanotechnologies Inc. Founded in 2011, Sila Nano is a developer of new battery materials which outperform existing lithium-ion technologies. The investment forms part of Sila Nano’s $170-million Series E financing, which was led by Daimler.

Lithium Ion 249

Lithium Ion Li-ion Battery Batteries 249

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.

India 98

India Electric Vehicles Vehicles Electrical 98

Green Car Congress

NOVEMBER 12, 2020

E-Transit offers the same interior cargo dimensions and standard mounting points for continued integration with hundreds of upfitters and vehicle modifiers worldwide who provide compatible racks, bins and accessories on gas-powered Transit. The E-Transit battery is located underneath the vehicle body, providing up to 487.3

Ford 269

Ford Battery Batteries Fleet 269

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). Last week, J.D.

Financing 283

Financing Plug-in 2020 Plug 283

Electric Vehicles India

FEBRUARY 3, 2023

India’s growing green generation is marked by an increase in EV sales and demand In recent years, the growth rate of electric vehicle sales has outpaced all other vehicle forms in India. The Ministry of Energy announced that total sales of electric vehicles in India have exceeded 20,000 in the last six years.

Purchase 52

Purchase Electric Vehicles India Vehicles 52

Green Car Congress

MAY 27, 2013

a developer of technologies enabling the conversion of existing fleet vehicles into plug-in hybrid electric vehicles, completed a $3-million financing with United Fleet Financing, LLC, through a private placement offering and mezzanine financing. Echo Automotive, Inc.,

Financing 218

Financing Conversion Companies PHEV 218

Green Car Congress

JANUARY 20, 2021

Volta, a builder of commerce-centric electric vehicle (EV) charging networks, announced an oversubscribed Series D financing of $125 million. Goldman Sachs acted as exclusive placement agent to the company in connection with the financing.

Charging 417

Charging Financing Store Porsche 417

Green Car Congress

JULY 10, 2012

GE Capital’s Commercial Distribution Finance (CDF) business has agreed to provide Brammo Inc. with inventory financing to support the expansion of its dealer network in the US. The Ashland, OR-based manufacturer designs and develops electric motorcycles. Brammo products are on permanent display at the Vehicle Innovation Center.

Electric Motorcycles 230

Electric Motorcycles Financing Motorcycles North America 230

Green Car Congress

OCTOBER 6, 2021

This innovative potential partnership leverages state-of-the-art BYD and Nuvve technologies and will provide access to Stonepeak’s financing, which will lower the cost of medium- and heavy-duty battery electric vehicle adoption for fleets of all types including mass transit, municipalities, last mile delivery and school districts.

BYD 199

BYD Fleet Grid Financing 199

Green Car Congress

DECEMBER 2, 2020

Customers thus profit from modules that have been specially adapted to the requirements and characteristics of electric vehicles. The full coverage insurance includes coverage for inductive charging plates, charging cables and wallboxes, disposal costs for the battery, and replacement value cover for the vehicle and the battery.

Mercedes 221

Mercedes Electrical Electric Purchase 221

Electric Vehicles India

JUNE 11, 2021

Electric vehicles sales, transportation & policy initiatives . Today in this article we will see the sales of electric vehicles under the FAME II scheme and overall sales. Today in this article we will see the sales of electric vehicles under the FAME II scheme and overall sales. Policy initiatives.

Transportation 90

Transportation Electric Vehicles Sale Vehicles 90

EV Life

JUNE 29, 2023

Great news for drivers looking to purchase an electric vehicle in Colorado! But the most exciting part of the new bill for many Colorado residents is the expansion of an additional Colorado Electric Vehicle Tax Credit for qualified drivers looking to purchase electric vehicles.

Tax Credit 52

Tax Credit Colorado Tax Electric Vehicles 52

EV Life

OCTOBER 15, 2020

The grant will fund the development of a fintech platform to empower EV buyers to save up to $200/month on electric vehicle loans. EV Life, a car site dedicated exclusively to electric vehicles, announced that it was 1 of 28 companies to win a CalSEED grant from the California Energy Commission (CEC). About EV Life.

Financing 98

Financing Grant Gas-Electric California 98

Green Car Congress

APRIL 2, 2022

Bosch and the Mitsubishi Corporation, with Blue Park Smart Energy (BPSE), are partnering to create Battery as a Service (BaaS) innovations. The main idea here is that fleet operators will no longer have to purchase the batteries; they will simply pay to use them. This, in turn, improves battery performance and service life.

Mitsubishi 150

Mitsubishi China Battery Batteries 150

Green Car Congress

JANUARY 20, 2022

Moscow, Russia, currently runs 1000 electric public electric buses on 66 bus routes, giving it the distinction of operating the largest e-bus fleet in Europe and America. This year the Government of Moscow plans to buy 500 additional electric buses. Most of them will be purchased with the funds from the green bonds.

Buy 273

Buy Russia Purchase Electrical 273

Green Car Congress

JULY 9, 2023

Solaris has fulfilled another contract for the delivery of electric buses to MPK Kraków, Poland, comprising 20 units of the Urbino electric, including 13 twelve-meter vehicles, and 7 articulated vehicles. The investment is co-financed by the National Fund for Environmental Protection and Water Management.

Poland 195

Poland Electrical Electric Energy Storage 195

Green Car Congress

APRIL 21, 2022

The global push to convert the world to electric vehicles will cause supply chain complexities that could undermine the alternative energy transition in the United States, according to a new report from Rice University’s Baker Institute for Public Policy. The detailed report— Need Nickel?

China 416

China Energy Indonesia Power Grid 416

Green Car Congress

APRIL 2, 2015

An additional $2 million will be allocated to the Massachusetts Offers Rebates for Electric Vehicles (MOR-EV) program. The electric vehicle rebate program, administered by the Department of Energy Resources’ (DOER), offers rebates of up to $2,500 to Massachusetts residents who buy or lease electric vehicles.

Massachusetts 150

Massachusetts Electric Vehicles Vehicles Motorcycles 150

Green Car Congress

NOVEMBER 18, 2022

This includes more than $2 billion for zero-emission trucks and buses and off-road equipment including school buses, transit buses, and drayage trucks, $33 million for financing for small truck fleets transitioning to cleaner technologies, and $135 million for demonstration and pilot projects, including commercial harbor craft.

Clean 326

Clean Cleaning Cleaner Cars 326

Green Car Congress

APRIL 5, 2022

With opportunities for drivers to earn additional income upon purchasing a new vehicle by having Firefly’s smart display screen technology integrated onto and inside each vehicle, Hyundai Drive by Firefly could help cover monthly car lease/financing costs for qualified drivers and fleets for the duration of the program.

Hyundai 170

Hyundai Fleet Tax Credit America 170

CleanTechnica EVs

MARCH 17, 2024

LRC”) and the Electrification and Decarbonization fund managed by Waratah Capital Advisors (founder of LRC) The financing package includes an equity investment, a royalty purchase and an option for a strategic offtake agreement (with a buyback. M4E Lithium secured a $7.5M to $10M funding from industry leading Lithium Royalty Corp. (“LRC”)

Financing 118

Financing Purchase Industrial Industry 118

Green Car Congress

AUGUST 12, 2021

The EQS is the first model to be based on the modular architecture for luxury and executive-class electric vehicles. The EQS is the first Mercedes-Benz to offer the option of activating completely new vehicle functions via over-the-air updates (OTA) in many areas. The range of OTA functions is being successively expanded.

Mercedes 221

Mercedes Purchase Store Germany 221

Green Car Congress

MAY 26, 2022

BC Transit in British Columbia, Canada has approved a $20-million contract to purchase ten 40-foot Proterra ZX5 electric transit buses and one Proterra Energy megawatt-scale EV fleet charger as part of the agency’s transition to a fully electric bus fleet.

Fleet 199

Fleet Buy North America Canada 199

Teslarati

MARCH 28, 2024

Ford is cutting its F-150 Lightning production workforce by two-thirds as the company continues to try and ramp manufacturing of electric vehicles and work toward profitability. The Michigan Assembly plant is getting a third shift as Ford continues to lean on gas vehicle sales to bolster its finances.

F-150 129

F-150 Ford Production Louisville 129

Green Car Congress

JANUARY 31, 2022

Vulcan Energy Resources, the company developing Zero Carbon Lithium projects to produce both renewable geothermal energy and lithium hydroxide for electric vehicles from the same deep brine source in the Upper Rhine Valley, Germany, has signed a binding lithium hydroxide offtake agreement with LG Energy Solution (LGES).

Energy 150

Energy South Korea Poland Lithium Ion 150