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

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. With the nationwide EV outlook expected to reach 26.4

Financing 145

Financing America Charging Purchase 145

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 Auto 186

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. The site will be located on the Iberian Peninsula, where several possible locations are currently being considered, with the intention of production starting in 2025 or 2026.

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. The City of Lancaster will host and co-own the green hydrogen production facility, according to a recent memorandum of understanding. Hydrogen can also reduce and potentially replace natural gas in all applications.

Waste 448

Waste Hydrogen Green California 448

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

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

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

MARCH 9, 2017

Comet Biorefining, an industry leader in the production of high-purity cellulosic dextrose, has completed a round of equity financing led by new investor PM Equity Partner. Current investor Sofinnova Partners and new investor Bioindustrial Innovation Canada (BIC) also participated in the financing.

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Financing Companies Italy 2016 150

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, 2023

Aemetis, a renewable natural gas (RNG) and renewable fuels company focused on negative carbon intensity products, announced that its Aemetis Biogas subsidiary is operating the Central Dairy Project production facilities 24 hours per day, seven days per week, and has exceeded the RNG production plan by approximately 20% during Q2 2023.

Production 195

Production Renewable Grant California 195

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. This amounts to 700 production employees. “Their intentions were to build 180,000-plus units.

F-150 125

F-150 Ford Production Louisville 125

Green Car Congress

MARCH 11, 2021

TECO 2030 ASA plans to establish Norway’s first large-scale production of hydrogen-based fuel cells in Narvik in Northern Norway. 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.

Norway 243

Norway Hydrogen Production Fuel 243

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

APRIL 7, 2022

Porsche is investing US$75 million in HIF Global LLC, a holding company of internationally active project developers of eFuel production facilities. Among other projects, the Santiago de Chile-based company is building the Haru Oni eFuel pilot plant in Punta Arenas (Chile). Earlier post.).

Porsche 243

Porsche Chile Global Industrial 243

Teslarati

APRIL 20, 2022

The Boring Company (TBC) announced that it raised $675 million in a Series C funding round led by Vy Capital and Sequoia Capital, with participation from Valor Equity Partners, Founders Fund, 8VC, Craft Ventures, and DFJ Growth. The financing values The Boring Company at $5.675 billion.

Las Vegas 115

Las Vegas Companies San Antonio Production 115

Green Car Congress

MARCH 31, 2014

Cool Planet Energy Systems, a renewable fuels and biochar company ( earlier post ), closed on its targeted $100 million Series D financing. Used as a soil amendment, its CoolTerra biochar product also increases crop productivity and plant health while reducing water and fertilizer requirements.

Financing 225

Financing Renewable Companies Fuel 225

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 122

Financing America Automobile Carbon 122

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

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

Green Car Congress

DECEMBER 19, 2022

million) in another financing round. The proceeds of the investment round will accelerate the company’s growth and support the scaling and commercialization of Synhelion’s solar fuels technology. It uses the same amount of CO 2 for fuel production as is released during fuel combustion. Solar Upgrading. Earlier post.).

Solar 210

Solar Fuel Production Carbon 210

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.

Wind 195

Wind Hydrogen Emissions Building 195

Green Car Congress

JULY 31, 2014

Skeleton Technologies, a manufacturer of high power- and energy-density ultracapacitors ( earlier post ) has completed Round A financing of €3.9 The financing will be used for production scale-up and product development in addition to sales and marketing efforts. The company employs 28. million (US$5.4

Financing 247

Financing Manufacturer Estonia Germany 247

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

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.

Hungary 186

Hungary Building Batteries Battery 186

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

DECEMBER 27, 2012

The Ukraine state oil and gas company Naftogaz signed a US$3.656-billion credit agreement with the state-owned China Development Bank to finance the program of substituting natural gas with locally produced coal. billion annually and stimulate the production of 10 million tons of domestic coal per year.

Ukraine 236

Ukraine Coal Financing Gas 236

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

Teslarati

MARCH 25, 2024

As noted by the Chinese automaker in a post on Weibo, its 7 millionth NEV is an N7 SUV from the company’s premium sub-brand Denza. Denza was established as a joint venture between BYD and Daimler way back in 2011, but over the years, the Chinese NEV maker has taken a larger stake in the company.

BYD 99

BYD Energy Production Vehicles 99

Green Car Congress

SEPTEMBER 6, 2021

Nornickel, the largest industrial company in the Russian Arctic, has unique expertise in operating the Northern Sea Route, a strategic transport artery of the global logistics system. The company is ramping up its shipping volumes to prevent delays in its strategic investment projects in the Norilsk Industrial District.

Design 195

Design Building Russia Fleet 195

Green Car Congress

JUNE 28, 2021

The Renault Group has entered two major partnerships for the production of Li-ion batteries in France. As the battery arm of global green tech company Envision Group, it will invest up to €2 billion to produce latest technology, cost-competitive, low-carbon and safe batteries for electric models, including the future R5.

France 334

France Batteries Battery Production 334

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. By using green hydrogen in refineries, in steel production and for other industrial uses, the overall project should be able to avoid CO 2 emissions of up to 16 million tonnes by 2030.

Hydrogen 435

Hydrogen Green Europe Gas-Electric 435

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 Canada 408

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

OCTOBER 9, 2018

million) to build a Li-ion battery separator plant in China. The plant is set to start commercial production in the third quarter of 2020 with an annual capacity of 340 million square meters of polymer lithium-ion battery separator (LiBS) and 130 million square meters of ceramic-coated separator (CCS), SK Innovation said.

Li-ion 236

Li-ion Lithium Ion China Building 236

Green Car Congress

DECEMBER 11, 2021

The acquisition also includes 100% ownership of the Insheim production licence surrounding the Insheim Plant. The Vulcan team remains focused on developing our world-first dual renewable energy and Zero Carbon Lithium business, with phase 1 production to supply the EU battery market targeted for CY2024. million and an EBITDA of €2.9

Carbon 243

Carbon Companies Renewable Luxembourg 243

Green Car Congress

MARCH 11, 2022

To boost the global production capacity of green methanol, A.P. 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.

Green 199

Green Companies Switzerland Denmark 199