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

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

JUNE 11, 2021

billion private placement to finance further battery cell production capacity and R&D efforts in order to meet the increasing demand of customers engaged in the transition to decarbonized, electric solutions. Northvolt announced the signing of a $2.75-billion Goldman Sachs Bank Europe SE and Morgan Stanley & Co.

Manufacturer 243

Manufacturer Batteries Battery Sweden 243

Green Car Congress

DECEMBER 15, 2022

Group14 Technologies, a global manufacturer and supplier of advanced silicon battery technology, raised $214 million in additional financing from a consortium including Microsoft’s Climate Innovation Fund, Lightrock Climate Impact Fund, Moore Strategic Ventures, Oman Investment Authority, and Molicel.

Lithium Ion 150

Lithium Ion Oman Batteries Battery 150

Green Car Congress

FEBRUARY 18, 2021

Our ambition is to build an advanced innovation center combined with a giga factory, meaning that we will produce fuel cells with a capacity of 1200 megawatts, or 1.2 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.

Norway 468

Norway Hydrogen Fuel Building 468

Green Car Congress

FEBRUARY 4, 2021

Daimler plans a fundamental change in its structure, splitting into two independent pure-play companies: Mercedes-Benz Cars & Vans, and Daimler Truck, which will be a spin-off the current Truck and Bus business. It represents the start of a profound reshaping of the company. This is a historic moment for Daimler.

Companies 497

Companies Mercedes Cars North America 497

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 Companies 250

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 Batteries Battery Companies 195

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

JUNE 29, 2013

Canada-based waste-to-biofuels company Enerkem Inc. million) financing, which brings total equity investment raised by Enerkem in 2013 to C$87 million (US$82.7 Enerkem is currently building a full-scale waste-to-biofuels facility in Edmonton, Alberta, and is developing similar facilities in North America and globally.

Financing 210

Financing Waste Companies Canada 210

Green Car Congress

JULY 14, 2021

Volkswagen Group executives laid out the basics of the new Group strategy “NEW AUTO – Mobility for Generations to Come”, which will see the Group realign from being a from vehicle manufacturer to a leading, global software-driven mobility provider. Like the MEB today, the SSP will be open to other auto manufacturers. CARIAD and E3 2.0

Manufacturer 435

Manufacturer Auto Fleet Future 435

Green Car Congress

OCTOBER 12, 2019

Airbus and LM Industries, the the parent company of Local Motors and Launch Forth, have formed Neorizon to provide disruptive and innovative products with an initial focus on local mobility and autonomy. —Jay Rogers, CEO and founder of LM Industries.

Industrial 285

Industrial Industry Manufacturer North America 285

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

Baua Electric

APRIL 24, 2024

American automaker Ford, whch is known to be working on an affordable EV platform, is set to build more electric vehicle (EV) software capabilities at its Ford Business Solutions India operation, based in Chennai. The company which has, thus far, invested around US$ 250 million in the Chennai hub, plans to make further investments.

Ford 52

Ford Building India Affordable 52

Teslarati

JANUARY 4, 2023

Stellantis announced a partnership with Archer Aviation to build the all-electric Midnight electric vertical take-off and landing (eVTOL) aircraft. Besides capital, Stellantis will contribute its advanced manufacturing technology and expertise to Archer. Archer wants to start manufacturing Midnight by 2024. Credit: Archer).

Building 124

Building Georgia Electric Electrical 124

Green Car Congress

JUNE 8, 2022

The Stuttgart-based sports car manufacturer has agreed with the US company on a three-year cooperation aimed at establishing six companies from 2023 to 2025 with new business models in various areas of mobility. The startups’ focus will revolve around Porsche’s core activities. Above all, we strive for new sources of innovation.

Porsche 150

Porsche Los Angeles Building Financing 150

Green Car Congress

MARCH 22, 2022

billion over the next five years in the North American region (NAR) (Canada, Mexico, United States) to boost its product portfolio, regional R&D and manufacturing capabilities. This strategy builds on the company’s preparation of its Chattanooga facilities for local EV production. Volkswagen will commit $7.1 Assembly of the ID.4

North America 195

North America America Manufacturer San Jose 195

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

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

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. This US-owned and operated manufacturing plant in northern Alabama will be the first of its size in North America. Earlier post.) Of that, $1.6

Parts 459

Parts Batteries Battery Lithium Ion 459

Green Car Congress

AUGUST 23, 2023

Australia-based hydrogen fuel cell vehicle company H2X Global recently secured a US$57-million deal with US-based firm, Verde Mobility Inc., We anticipate this will crank up our vehicle production to 25,000 units a year, and provide a sturdy financial foundation for the company. million investment into H2X.

Global 195

Global North America Hydrogen Fuel 195

Green Car Congress

AUGUST 5, 2022

Virescent Ventures led the funding round on behalf of the Clean Energy Finance Corporation (CEFC) (Aus), with participation from Kiko Ventures (UK), IP Group Australia, Vestas Ventures (Denmark), Hostplus (Aus) and BlueScope (via its ventures arm BlueScopeX TM) (Aus). million AUD (US$30 million). Hoang, A.L., Tsekouras, G.

Commercial 307

Commercial Australia Hydrogen Denmark 307

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. BOSK is a joint venture between Ford Motor Company (Ford) and SK On, a global leading Korean EV battery manufacturer. Earlier post.)

Ford 150

Ford Kentucky Tennessee Batteries 150

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 Batteries Battery Porsche 199

Green Car Congress

SEPTEMBER 22, 2021

Allison brings more than 100 years of experience in building reliable and valued propulsion solutions, including two decades of electrified propulsion systems development and commercialization. Together, the companies will further define product portfolio scope, manufacturing locations and supporting resources to be provided by each party.

Commercial 296

Commercial Global Market Vehicles 296

Teslarati

DECEMBER 28, 2021

Tesla’s leadership status as king of the electric vehicle sector has been established through several years of innovation and the company’s ability to influence an entire industry. Finance to discuss what is priming companies for the future, along with where they rank in terms of preparedness. Yu joined Ya hoo!

Building 145

Building Future Industrial Industry 145

Green Car Congress

JUNE 23, 2022

Energy company RWE and steel producer ArcelorMittal have signed a memorandum of understanding to work together to develop, build and operate offshore wind farms and hydrogen facilities that will supply the renewable energy and green hydrogen required to produce low-emissions steel in Germany. RWE wants to be climate-neutral by 2040.

Wind 195

Wind Hydrogen Emissions Building 195

Teslarati

MAY 18, 2022

The signatures were marked at a ceremonial signing event to officially confirm Lucid and Saudi’s agreement to partner in EV manufacturing, a deal originally agreed upon in February. billion in aggregate over the next 15 years to build the facility in Saudi Arabia, it said. Lucid Group will receive up to $3.4

Saudi Arabia 98

Saudi Arabia Manufacturer Financing Climate Change 98

Green Car Congress

AUGUST 10, 2015

Additive manufacturing (3D printing) company Carbon3D Inc. Carbon3D joins the Technology Pioneers program as the first additive manufacturing company to be selected. The manufacturing time allowed engineers to make design iterations much more quickly than with traditional methods.

Manufacturer 150

Manufacturer Ford Companies Transit Connect 150

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 Clean Cleaning 482

Baua Electric

MARCH 1, 2024

Ltd, a Thailand-based Outsourced Semiconductor Assembly and Test (OSAT) provider; recently agreed to establish a Joint Venture (JV) to build and operate an OSAT facility in Sanand, Gujarat. The project will be financed through a mix of subsidies, equity, and potential bank borrowings as required, a press release said.

Building 52

Building Thailand Auto India 52

Green Car Congress

MARCH 11, 2022

Moller - Maersk (Maersk) is entering strategic partnerships with six leading companies with the intent of sourcing at least 730,000 tonnes/year by end of 2025. The six companies are CIMC ENRIC, European Energy, Green Technology Bank, Orsted, Proman, and WasteFuel. To boost the global production capacity of green methanol, A.P.

Green 199

Green Companies Switzerland Denmark 199

Green Car Congress

JANUARY 24, 2013

a developer and manufacturer of advanced batteries, has raised $10 million in Series C financing from existing investors, including New Enterprise Associates (NEA), Lightspeed Ventures, Sigma Partners and Walden International. The company closed a $20-million Series B round in August 2011. Leyden Energy, Inc.,

Li-ion 240

Li-ion Financing Energy Batteries 240

Green Car Congress

SEPTEMBER 1, 2020

a US-based technology company focused on providing sustainable and cost-effective electric drone-integrated vehicles to the last-mile delivery sector, announced newly-formed strategic agreements with both Hitachi America, Ltd. Workhorse Group Inc., and Hitachi Capital America Corp.

America 210

America Dealers Financing Miles 210

Electric Vehicles India

JULY 13, 2021

Ola Electric raises $100 million from Bank of Baroda for EV manufacturing unit. Ola is raising $100 million from the state-run Bank of Baroda (BoB) to finance the first phase of the world’s largest electric two-wheeler factory. It will be manufactured at the company’s new facility in Tamil Nadu.

Manufacturer 97

Manufacturer India Financing Electric 97

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. —Hau Thai-Tang, Ford’s chief product platform and operations officer. This 200,000 sq.-ft.

Ford 334

Ford Global F-150 Batteries 334

Green Car Congress

MARCH 11, 2021

Through the initiative in Narvik, the company contributes to the Norwegian government’s ambition that Norway should build a complete value chain for the utilization of hydrogen as an energy carrier. We truly appreciate the interest and all the input, but the former REC building is highly advanced and perfect for us. Narvik Bay.

Norway 243

Norway Hydrogen Production Fuel 243