Green Car Congress

DECEMBER 14, 2021

ABIC), a special purpose acquisition company (SPAC), have entered into a definitive business combination agreement under which ABIC will combine with LiveWire, Harley-Davidson’s electric motorcycle division ( earlier post ), to create a new publicly traded company. Harley-Davidson and AEA-Bridges Impact Corp. billion at closing.

Electric Motorcycles 418

Electric Motorcycles Motorcycles Companies Electric 418

Green Car Congress

FEBRUARY 6, 2018

In addition to new investors BlackRock and Sinobioway, existing investors also participated in this financing. This new and significant financing will help accelerate our growth and further expand project development and implementation. Sinobioway is a leading Chinese company engaged in the bio-economy. Earlier post.).

Waste 199

Waste Financing Companies Canada 199

Green Car Congress

MAY 8, 2022

The acquisitions will provide Northern with 40-50,000 tonnes per year (tpy) of graphite production capacity in Québec and Namibia, which will make it the third-largest non-Chinese natural graphite producing company. the company paid Imerys approximately CDN$17.8 million in lease payments for use of the land and buildings.

Namibia 284

Namibia Chinese Companies Financing 284

Green Car Congress

NOVEMBER 13, 2021

China’s Tsingshan , the world’s largest producer of stainless steel, will invest $375 million to build a lithium plant in Argentina with French multinational mining and metallurgy company Eramet. The two companies have partnered before, with the Weda Bay Nickel project in Indonesia. Eramet will control the project, with a 50.1%

Argentina 335

Argentina Building Chinese Financing 335

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. —Scott Mercer, Founder and CEO of Volta.

Charging 417

Charging Financing Store Porsche 417

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. Marathon is the right strategic partner for Workhorse's current capital needs, and we plan to leverage their experience, size and resources to further support our growth as a company.

Financing 259

Financing Purchase Energy Batteries 259

Green Car Congress

MARCH 31, 2020

Via , a company that provides digital infrastructure to power public mobility in cities around the world ( earlier post ), has raised a Series E financing led by EXOR. The financing values the company at $2.25 EXOR is one of Europe’s largest diversified holding companies controlled by the Agnelli family.

Companies 243

Companies Malta New York City Financing 243

Green Car Congress

MARCH 7, 2022

Inceptio Technology, an autonomous driving truck technology and operation company ( earlier post ), closed a US$188-million Series B+ equity financing. This round of financing was jointly led by Sequoia Capital China and Legend Capital. —Julian Ma, the Founder and CEO of Inceptio Technology.

Companies 259

Companies Financing China Supplies 259

Green Car Congress

DECEMBER 6, 2021

Iberdrola and H2 Green Steel (H2GS, earlier post )have signed an agreement to build a plant with an electrolysis capacity of 1 GW. Both companies will also explore the possibility of locating a steelmaking facility capable of producing between 2.5 and 5 million tonnes of green steel plate per year on the same site.

Green 304

Green Hydrogen Building Financing 304

Green Car Congress

MAY 21, 2020

Energy company SGH2 is bringing the world’s biggest green hydrogen production facility to Lancaster, California. Bloomberg New Energy Finance reports that clean hydrogen could cut up to 34% of global greenhouse gas emissions from fossil fuels and industry.

Waste 345

Waste Hydrogen Green California 345

Green Car Congress

AUGUST 2, 2022

Wind project financing was up 16% from 1H 2021, at $84 billion. Both sectors have been challenged recently by rising input costs for key materials such as steel and polysilicon, as well as supply chain disruptions and rising financing costs. The 2Q figure, at $3.9 billion raised, is the lowest quarterly total since 2Q 2020.

Financing 243

Financing Renewable Wind Energy 243

Green Car Congress

MARCH 13, 2021

Seven companies from the GET H2 initiative in Europe want to build a cross-border pipeline for green hydrogen. Collectively, the overall project can map the essential building blocks of the green hydrogen value chain and form the basis for an efficient European gas infrastructure for hydrogen.

Hydrogen 435

Hydrogen Green Europe Gas-Electric 435

Green Car Congress

JANUARY 21, 2023

In parallel, the company is starting to contract preferred suppliers for the plants, potential customers for hydrogen and CO 2 , and companies that can provide waste of suitable quantity and quality. FUREC receives funding from the EU Innovation Fund, which is 100% financed by the EU Emissions Trading System (ETS).

Waste 448

Waste Hydrogen Grant Netherlands 448

Green Car Congress

DECEMBER 10, 2022

LeydenJar , a Dutch developer of ultra-thin, pure silicon battery anodes, has secured the funding to build its first factory to produce silicon anode foil. Now, the EIB’s financing will help it to develop and install a set of larger machines to demonstrate the first-of-its-kind production of the anode material at industrial scale.

Companies 231

Companies Li-ion Financing Luxembourg 231

Green Car Congress

JANUARY 28, 2022

Founders Cameron Funk and Terry O’Day, together with the current management team, will continue to lead the company and retain the remaining stake. Its innovative service models offer subscription solutions such as software-as-a-service and fully financed charging-as-a-service.

Fleet 408

Fleet Energy Financing Maintenance 408

Green Car Congress

JULY 30, 2021

Niron Magnetics , a company developing high-performance rare-earth-free iron-nitride (FeN) permanent magnets, has raised $21.3 million in new financing. Niron will use the funding to build its pilot production facility in Minnesota and accelerate the development of its Clean Earth Magnet technology.

Minnesota 482

Minnesota Commercial Universal Cleaning 482

Green Car Congress

JANUARY 27, 2022

Baidu’s intelligent electric vehicle arm JIDU has closed Series A financing, raising nearly $400 million. This round of financing was backed by Baidu and its strategic partner multinational auto manufacturer Zhejiang Geely Holding Group. Now, in the span of ten months, JIDU has received a new round of financing.

Companies 186

Companies Financing Cars Concept 186

Green Car Congress

OCTOBER 9, 2018

million) to build a Li-ion battery separator plant in China. SK Innovation is the first company in Korea and the third in the world exclusively to develop separators, a key component in lithium-ion batteries. in China, a wholly owned subsidiary, to finance the investment in the country. —SK Innovation CEO Jun Kim.

Li-ion 236

Li-ion Lithium Ion Building China 236

Green Car Congress

JUNE 14, 2021

German companies are very interested in participating in hydrogen projects in Australia, including as suppliers of electrolyzers. The German-Australian cooperation gives German companies the opportunity to export technology. Co-financing of an AUS-DEU H 2 incubator for applied research. Co-financing of “HydrogenHubs”.

Australia 334

Australia Germany Hydrogen Green 334

Green Car Congress

NOVEMBER 5, 2021

Ford Motor Company and its financing subsidiary, Ford Motor Credit Company, introduced the North America auto industry’s first sustainable financing framework, focusing on and paying for ambitious plans in vehicle electrification and other environmental and social areas. Vigeo Eiris, an arm of Moody’s Corp.,

Financing 170

Financing Ford Cleaning Clean 170

Green Car Congress

SEPTEMBER 24, 2022

GM Ventures, the automaker’s investment arm, has made a strategic investment in Lithion Recycling’s Series A financing round, supporting a new GM-Lithion strategic partnership agreement to pursue a circular battery ecosystem using Lithion’s advanced battery recycling technology.

GM 218

GM Companies Batteries Battery 218

Green Car Congress

NOVEMBER 29, 2019

The BMW Group and Great Wall Motor have launched a new joint venture—Spotlight Automotive Limited—and are building a joint plant in China, where the BMW Group will produce future fully-electric models of its MINI brand. Jiangsu is also one of the leading provinces for finance, education and technology.

Mini E 259

Mini E BMW China Future 259

Green Car Congress

JANUARY 24, 2023

TAE Technologies , the world’s largest private fusion energy company, has spun-out a new subsidiary, TAE Power Solutions. TAE Power Solutions intends to deliver a novel technology to improve fundamentally the reliability, efficiency, longevity, and affordability of electric-powered products, from vehicles to renewable energy storage.

Fusion 250

Fusion Power Powered Energy 250

Green Car Congress

OCTOBER 20, 2020

Global corporate funding (including venture capital funding, public market, and debt financing) for the Battery Storage, Smart Grid, and Energy Efficiency sectors in Q3 2020 came to $3.2 Global VC funding for Battery Storage, Smart Grid, and Efficiency companies in 9M 2020 was slightly down with over $1.9 billion compared to $1.2

2020 221

2020 Grid Companies 2019 221

Teslarati

FEBRUARY 8, 2023

BoA said it would allow consumers the option to finance residential electric vehicle chargers alongside their auto loans through the bank. The option of letting consumers finance the chargers will ultimately fall into the hands of dealers and manufacturers, the company said. The IRA has set aside $7.5 I’d love to hear from you!

Financing 141

Financing America Purchase Charging 141

Green Car Congress

AUGUST 20, 2014

National Electric Vehicle Sweden (NEVS), the company working to resurrect the Saab brand, presented the Saab 9-3 Electric Vehicle as designed and produced as part of a prototype series in Trollhättan. NEVS halted production of the conventional Saab 9-3 Aero in May as it struggles to sort out its financing. Earlier post.).

Sweden 345

Sweden Lithium Ion Financing MPH 345

Green Car Congress

MAY 31, 2021

—“State of Finance for Nature”. trillion finance gap between now and 2050, by “building back more sustainably”, by repurposing agricultural and fossil fuel subsidies and by creating economic and regulatory incentives. The report calls for coupling investments in restoration action with financing conservation measures.

Financing 296

Financing Climate Stimulus Climate Change 296

Green Car Congress

JUNE 29, 2022

Through its financing arm Siemens Financial Services (SFS), Siemens becomes a minority shareholder in Electrify America with a low triple-digit million USD investment and will hold a seat on the board. The Volkswagen Group and Siemens are investing $450 million in Electrify America, with a post-money valuation of $2.45

America 397

America USA Charging Financing 397

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). The combined entity will trade on the NASDAQ exchange under the ticker symbol “RIDE.”.

Motor 321

Motor Motors Motoring Corporation 321

Green Car Congress

FEBRUARY 2, 2021

SK Innovation will initially invest US$1.148 billion in SK Battery Hungary (SKBH) to build its third European factory in Iváncsa, Hungary, with a production capacity of 30 GWh per year. The company plans to finance the project externally according to the construction schedule. billion ultimately to be spent in construction.

Hungary 186

Hungary Building Batteries Battery 186

Teslarati

DECEMBER 7, 2021

Lucid Group ( NASDAQ: LCID ) has announced that it has selected Bank of America as its preferred lending partner, giving customers the opportunity to apply for financing services for a seamless and stress-free experience. This financing solution was developed for Lucid to make it easier for customers to finance electric vehicles.

Financing 125

Financing America Carbon Automobile 125

Cars That Think

APRIL 9, 2025

Stellarators, while theoretically simpler to operate, are notoriously difficult to design and build. Proxima, a spinoff from Germanys Max Planck Institute for Plasma Physics , aims to build a 1-gigawatt stellarator power plant. The design builds on the Wendelstein 7-X stellarator , a 1.4 The downside? billion (US $1.5

Fusion 115

Fusion Infinity Tennessee Building 115

Green Car Congress

NOVEMBER 13, 2019

The company unveiled its second production model, the P7 sedan in April, rolled out the 10,000 th unit of its first production model, the G3 2019 smart SUV, in June, and in July it released the enhanced version, the G3 2020 with a 520 km (323-mile) NEDC driving range. Xpeng Motors achieved numerous milestones this year.

Chinese 199

Chinese Motor Motors Motoring 199

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. The company’s AI-powered platform and advanced research and development facility in Mountain View, California, will help accelerate GM’s commercialization of affordable electric vehicle batteries.

GM 195

GM Companies Batteries Battery 195

Green Car Congress

APRIL 23, 2019

A combined $210 million was raised by battery storage, smart grid, and energy efficiency companies in Q1 2019—a 55.5% Total corporate funding (including VC, debt, and public market financing) in battery storage came to $130 million in nine deals compared to $110 million in 14 deals in Q4 2018.

2019 170

2019 Grid Companies 2018 170

Green Car Congress

NOVEMBER 5, 2020

Hyundai Motor Company is spearheading the development of a hydrogen fuel cell commercial vehicle ecosystem in China with regional partners. The company is committed to becoming a FCEV solution provider by creating a business cluster across the entire hydrogen ecosystem in China. Shanghai Sunwise New Energy System Co.,

Hyundai 356

Hyundai Commercial China Fuel 356

The Truth About Cars

APRIL 11, 2025

From CarsDirect : Just as before, Stellantis Financing continues to offer a special financing rate of 1.9% percent] APR financing for 72 months could make the 2025 Dodge Charger Daytona EV a more appealing option to purchase than before. The first one includes 0 [percent] APR financing for 72 months plus $3,000 in bonus cash.

Dodge 106

Dodge Financing Dealers Affordable 106