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Gevo signs definitive supply agreement with HCS Holding for commercial supply of renewable isooctane

Green Car Congress

has entered into a definitive supply agreement with HCS Holding GmbH (HCS) to supply renewable isooctane ( earlier post ) under a five-year offtake agreement. This first phase commences in May 2017 and would continue until completion of Gevo’s first large-scale commercial hydrocarbon plant.

Supplies 150
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Comment on Nio says NOP+ assisted driving feature coverage expands to 726 cities by nov22

CN EV Post

Consumers are definitely willing to pay for NOP+. Subscription model is more attractive for commercial or business owner because less capital investment and matching future cash flow. Buy-out model is more attractive for individual consumer because the full cost can be financed at front.

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Eos Energy launches $500M Project AMAZE with $398.6M conditional loan guarantee from DOE; long-term zinc-based storage

Green Car Congress

The issuance of conditional commitment by the DOE was preceded by legal, technical and commercial due diligence by the LPO to evaluate the loan and the project’s potential to meet market demand and commercial and environmental benchmarks.

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Mascoma and Valero establish JV for commercial-scale hardwood cellulosic ethanol facility; Valero providing majority of financing

Green Car Congress

Longyear LLC, signed a non-binding letter of intent to support the construction of a commercial-scale wood-based cellulosic ethanol biorefinery in Kinross; at the time, construction was projected to begin this year. In January, Valero invested in Mascoma ( earlier post ).

Financing 210
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Lightning eMotors introduces new generation 4 Lightning Electric Transit Class 3 Van; battery-electric and fuel cell electric variants

Green Car Congress

As a result, we’ve sold more all-electric commercial EVs than any other vehicle manufacturer in North America to date. Lightning eMotors Credit and Ford Motor Credit financing is available along with electric vehicle vouchers and incentives, which are accessible in many states. Last week, Lightning eMotors and GigCapital3, Inc.,

Batteries 448
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Glencore and Li-Cycle to study developing recycling hub to be largest source of recycled battery-grade lithium, nickel and cobalt in Europe

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Glencore and Li-Cycle will jointly commence a definitive feasibility study (DFS) for this project within 60 days from this announcement. This would enable a cost-efficient and expedited development plan. The project also contemplates competitive long-term financing from Glencore to fund Li-Cycle’s share of the capital investment.

Li-ion 186
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Neo Performance Materials and Energy Fuels launching US-European rare earth production initiative

Green Car Congress

Under an agreement in principle, subject to completion of definitive agreements, Colorado-based Energy Fuels will process natural monazite sands into an RE Carbonate beginning in March or April 2021 and ship a portion of that production to Neo’s rare earth separations facility in Sillamäe, Estonia (Silmet).

Energy 186