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Pace purchases 20 Proterra ZX5 electric buses and EV fleet charging infrastructure

Green Car Congress

In addition to the company’s Proterra Transit and Proterra Powered business units, Proterra Energy offers a turn-key approach to delivering the complete energy ecosystem for heavy-duty electric fleets through charging infrastructure design, build, financing, operations, maintenance and energy optimization.

Fleet 448
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Bank of America introduces residential EV charger financing

Teslarati

Bank of America made a drastic step forward today to make at-home residential electric vehicle chargers an easier purchase for car buyers. BoA said it would allow consumers the option to finance residential electric vehicle chargers alongside their auto loans through the bank. billion to build out a national network of EV chargers.

Financing 145
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Stellantis partners with Archer to build electric aircraft

Teslarati

Stellantis announced a partnership with Archer Aviation to build the all-electric Midnight electric vertical take-off and landing (eVTOL) aircraft. The automaker intends to increase its shareholding in Archer by purchasing stock in the open market. The legacy automaker will enter a new market with its Archer partnership.

Building 145
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EV charging network builder Volta announces $125M in Series D funding

Green Car Congress

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
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Blue Marble Biomaterials completes site purchase for large commercial biorefinery

Green Car Congress

Blue Marble Biomaterials, a specialty biochemical manufacturer ( earlier post ), has closed on the purchase of the former GTC Oats Inc. The purchase includes 3.81 acres of land, a 19,000 square foot building complex, and parking stalls for more than 100 employees. facility in Missoula, Montana.

Purchase 218
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Waste-to-biofuels company Enerkem raises C$280M, its largest financing round

Green Car Congress

In addition to new investors BlackRock and Sinobioway, existing investors also participated in this financing. These RIN credits are purchased by US refiners to comply with the RFS program. This new and significant financing will help accelerate our growth and further expand project development and implementation.

Financing 199
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Polestar 3 is already on sale with a massive $7,500 purchase incentive

Baua Electric

Ahead of its debut, Polestar is already offering a massive $7,500 purchase incentive on the new electric SUV. Polestar 3 (Source: Polestar) According to a memo sent to dealers viewed by online research firm CarsDirect , all 2024 Polestar 3 models now feature a $7,500 purchase discount. FTC: We use income earning auto affiliate links.