Electric Vehicles India

JANUARY 24, 2023

Ola enters into strategic partnership with DBest Cars India, India’s leading commercial used car trading start-up According to Dbest, it aims to streamline India’s sprawling used car sector. Fleets of used cars that are being phased out will be replaced by fleets of new cars.

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India Commercial Cars Taxi 52

Green Car Congress

NOVEMBER 23, 2022

Niron will use this financing to advance the commercial partnerships and pilot production of its rare earth-free Clean Earth Magnet, further demonstrating its potential to replace rare earth permanent magnets. Earlier post.).

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Grant Production Wind Clean 345

Green Car Congress

NOVEMBER 20, 2021

Supported projects range from consumer rebates for clean cars to incentives for cleaner trucks, and mobility options. CARB uses those funds to accelerate development and early commercial deployment of the cleanest vehicle technologies and to improve access to clean transportation for all Californians. Over half of the $1.5

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Clean Cleaning Pollution Cars 321

Green Car Congress

FEBRUARY 1, 2017

an automotive technology company developing a “digital chassis”, announced a $100-million Series C preferred stock financing led by clients advised by J.P. The system combines an unmatched level of comfort with the response and agility of a sports car. MIT spin-out ClearMotion , Inc.,

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Commercial MIT Financing Affordable 150

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

DECEMBER 13, 2013

The integration of Flybrid and Torotrak provides a platform for a joint development and commercial launch of M-KERS, Torotrak said. This leaves Torotrak’s technologies that improve the internal combustion engine’s performance well positioned as affordable, mainstream solutions in the mass car markets. Earlier post.).

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2015 Commercial Financing Hybrid 247

Green Car Congress

FEBRUARY 11, 2021

Autonomous driving software company Aurora has entered a long-term, global, and strategic collaboration with Toyota and Denso, one of the largest global manufacturers and tier-one automotive suppliers, respectively, to build and globally deploy self-driving cars at scale. —Chris Urmson, Aurora CEO.

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Toyota Global Peterbilt Kenworth 170

Green Car Congress

OCTOBER 27, 2018

Our goal is to complete the plant by the end of 2020, with commercial production commencing at the start of 2021. The size of batteries used in electric and hybrid vehicles grows along with the operational demands of cars, and the share of nickel in li-ion batteries increases. —Janne Palosaari, Chief Commercial Officer.

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Commercial Production Batteries Battery 223

Green Car Congress

OCTOBER 28, 2013

Daimler Trucks plans to invest around one billion Brazilian real ($US457 million) in the commercial vehicle plants of Mercedes-Benz do Brasil in the next two years. This financing is part of an extensive investment project of Mercedes-Benz do Brasil, equipped with a total budget of around 2.5 billion Brazilian real (US$1.14

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Brazil Commercial Mercedes Vehicles 210

Electric Cars Report

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.

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GM General Motors Batteries Battery 98

Green Car Congress

JUNE 2, 2022

Certain segments, such as buses and two- and three-wheelers are close to being on track for net zero, but more action is needed to get on track elsewhere—especially in medium- and heavy-duty commercial vehicle segments, BNEF said. Last ICE in 2038. Walking, cycling, etc.

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Transportation Emissions Fleet Economy 473

Baua Electric

MARCH 29, 2024

Quiklyz, the leasing arm of Mahindra Finance expects the vehicle leasing market to grow at double the pace of car sales growth and cross the 1 lakh units mark in the coming three years. Over the last few years, the market has accelerated because of new entrants and increased awareness amongst car users.

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Market Financing Tax Cars 40

Green Car Congress

DECEMBER 18, 2020

The enhanced strategic alliance with bus manufacturing and sales company CaetanoBus, and Finlog, a passenger car financial service company, aims to accelerate the spread of hydrogen mobility. TMB is supported by the European JIVE 2 program, for the promotion of fuel cell vehicles, co-financed by the European Union. The ordered H2.City

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Toyota Europe Fuel Motor 221

Green Car Congress

JUNE 9, 2011

Ford and Sollers also signed a Letter of Intent with Vnesheconombank (VEB), the Russian development bank, for long-term financing for Ford Sollers of 39 billion Russian roubles, or approximately $1.4 In 2002, Ford became the first foreign automaker to manufacture cars in Russia.

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Russia Financing Ford 2002 199

Green Car Congress

AUGUST 14, 2021

The report covers light-duty passenger vehicles as well as medium-/heavy-duty commercial vehicles: semi-tractors; medium-duty vans and pickups; transit buses; box, utility aerial and dump trucks; and garbage trucks. Other findings of note include: Cars depreciate faster than light trucks.

Transportation 435

Transportation Alternative Fuels Maintenance Chad 435

Green Car Congress

AUGUST 18, 2011

million dollar Series B financing round led by Warburg Pincus, a leading global private equity firm. Proceeds from the financing will support the commercialization of Mission’s electric powertrain technologies and allow the company to expand its partnerships with original equipment manufacturers (OEMs). Earlier post.).

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Manufacturer Commercial Motor Motors 210

Green Car Congress

NOVEMBER 20, 2017

Mercedes-Benz Vans will offer electric drive options on all its commercial van model lines. The commercial model ranges with electric drive will thus cover all requirements from people moving to goods transport. A commercial fleet must be able to meet transport needs economically and competitively, regardless of the type of powertrain.

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Mercedes All-Electric 2019 Commercial 170

Green Car Congress

FEBRUARY 17, 2022

The latest Autotech & Mobility M&A Market Report from Hampleton Partners, the international M&A and corporate finance advisory firm for technology companies, shows that the appetite for Autotech & Mobility deals has remained consistent despite the impact of COVID disruption, the global semiconductor shortage and supply chain issues.

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Charging Market Financing Europe 273

Clean Fleet Report

OCTOBER 22, 2023

Optimizing Car Leasing Tax Advantages The UK Business Benefits This article may contain affiliate links. One strategy that’s gaining popularity among UK businesses is leasing, particularly when it comes to cars. Tax Benefits Now, let’s delve into the tax benefits of leasing a car for your business.

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Tax Nissan Cars Fleet 78

Green Car Congress

JULY 7, 2022

billion convertible note to finance its expansion of battery cell and cathode material production in Europe to support the rapidly expanding demand for batteries. Northvolt signed a $1.1-billion Through 2021, around 1,800 people were recruited into Northvolt, and it continues to onboard around 150 people per month to support its plans.

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2017 Europe Sweden Volvo 186

Baua Electric

MARCH 29, 2024

French startup Pelikan Mobility has been building an optimization platform and a leasing solution for commercial EV fleets. Many companies lease their vehicles, and Pelikan says commercial fleet financing solutions are designed for legacy ICE vehicles. Leasing contracts, even for commercial [EVs], end far too quickly.

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Fleet Charging Diesel Financing 52

Baua Electric

APRIL 15, 2024

China already has enough battery manufacturing capacity to supply all global EV production, according to Bloomberg New Energy Finance. Even half that total announced manufacturing capacity would be enough to equip every new car sold globally next year with a 50-kwh battery pack, BNEF calculates.

Global 52

Global China Batteries Battery 52

Green Car Congress

MARCH 19, 2009

While the President’s Task Force on the Auto Industry continues to review restructuring plans submitted by General Motors and Chrysler, the US Department of the Treasury announced an Auto Supplier Support Program that will provide up to $5 billion in financing to US-based suppliers.

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Financing Auto Chrysler Auto Industry 150

EV Life

OCTOBER 21, 2023

As we enter the age of the electric car, federal and state governments have created a variety of programs , rebates, and grants to incentivize drivers to make the switch to zero-emission vehicles. Two sections of the law, 30D and 45W, detail individual tax credits and commercial tax credits, respectively. But here’s the good part.

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Tax Credit Tax Financing North America 52

Green Car Congress

APRIL 16, 2019

The investment forms part of Sila Nano’s $170-million Series E financing, which was led by Daimler. With the latest round of financing secured, Sila Nano has begun ramping up production volume and plans to supply its first commercial customers in consumer electronics within the next year.

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Lithium Ion Li-ion Batteries Battery 249

Green Car Congress

APRIL 6, 2022

Bcomp, a leading manufacturer of high-performance components made from natural fibers, has closed its oversubscribed Series B financing round of CHF 32.4 The new funding will help scale the business to a global commercial and production footprint, maximizing its sustainability impact. Starting with the iFE.20

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Volvo Porsche BMW Recharge 259

Green Car Congress

JULY 22, 2009

Green Car Congress attended the Renewable Energy Finance Forum - Wall Street (REFF-Wall Street) conference (23-24 June) sponsored by Euromoney Energy Events and the American Council on Renewable Energy (ACORE). Renewable energy projects are frequently financed with project rather than corporate finance. by Bill Cooke.

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Financing Renewable Stimulus Package Energy 150

Green Car Congress

JUNE 3, 2022

Unlike passenger cars, full electrification of heavy vehicles is still at a nascent stage. Combined with creative financing models and rigorous focus on safety, there could be as many retrofitted zero emission heavy vehicles as newly built zero emission heavy vehicles by 2030.

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Industrial Industry Emissions Vehicles 397

Green Car Congress

NOVEMBER 19, 2012

Volvo Car Corporation is now ramping up production of the new Volvo V60 Plug-in Hybrid. After the initial batch of 1,000 model year 2013 cars, production will increase to 4,000-6,000 cars as of model year 2014. The two companies have financed the development project jointly. Earlier post.)

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Corporation Volvo Plug-in 2014 236

Green Car Congress

FEBRUARY 18, 2022

An abrupt switch to driverless cars is unlikely. The more likely scenario is a gradual adoption as auto manufacturers’ move up the autonomous driving scale (1-5), starting with commercial applications before moving on to consumer use. Tesla CEO Elon Musk has indicated he expects Tesla will achieve level 4 autonomy this year.

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Market Las Vegas Vehicles Store 210

Baua Electric

JULY 14, 2023

It’s supposed to backup enhance retail procedure stream in grounds together with registration code popularity with car acquisitions, lowering the moment it takes to do a snappy lube trade and proactive customer support pleasure indicators, Skaivision stated. and the JM Lexus dealership in Margate, Fla.

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Seattle Financing Toyota Lexus 52

Green Car Congress

DECEMBER 21, 2019

With TOOL , NOW GmbH has already developed a planning tool on behalf of the BMVI with which the Germany-wide charging infrastructure for cars and commercial vehicles can be planned by 2030 and the further need for expansion can be calculated. However, these are of the utmost importance for a nationwide network and for user acceptance.

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Germany Charging Financing Future 170

Electric Vehicles India

OCTOBER 20, 2021

RevFin a digital lending platform that finances electric vehicles for commercial use that has raised $4 million (about Rs 30 crore) in pre-series. The company’s founder, Sameer Aggarwal, said that “Revfin’s EV financing platform overcomes challenges of consumer underwriting and product risks to make financing convenient and accessible.

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India Financing Electric Vehicles Low Cost 81

Green Car Congress

DECEMBER 4, 2009

Under this new JV, small cars from Shanghai GM and mini-commercial vehicles from SAIC-GM-Wuling&mash;SAIC and GM’s manufacturing joint ventures in China—will be produced and sold in India. It has been China’s leading producer of mini-commercial vehicles for the past three years.

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India Asia GM Commercial 170

Green Car Congress

NOVEMBER 8, 2012

Antonio Tajani, Vice President of the European Commission in charge of Industry and Entrepreneurship, introduced the EC’s CARS 2020 Action Plan aimed at reinforcing the European automotive industry’s competitiveness and sustainability heading towards 2020. —“CARS 2020”. The Commission is convinced that financing should cover.

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Auto Industry 2020 Industrial Industry 231

Green Car Congress

JULY 2, 2018

This means that a total of more than 420 cars, well over 100 buses, around 110 special and commercial vehicles and more than 425 new charging points will be purchased and built. Procurement of electric vehicles in the taxi industry and car-sharing companies is also being supported.

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2017 Taxi 2020 Concept 150

Green Car Congress

NOVEMBER 17, 2018

The Volkswagen Group is working consistently on improving earnings at all brands and companies in order to finance the enormous challenges of the future from its own resources. The joint development and manufacture of a range of light commercial vehicles is at the core of the envisaged cooperation.

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Czech Republic 2020 Ford Europe 286