Green Car Congress

SEPTEMBER 14, 2022

Launched out of stealth in May 2021, TeraWatt is accelerating the decarbonization of transport with a purpose-built platform that combines an EV charging-focused property portfolio, asset financing capabilities, project development, and charging and energy management expertise.

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Commercial Charging Fleet Financing 195

Green Car Congress

NOVEMBER 5, 2020

Hyundai Motor Company is spearheading the development of a hydrogen fuel cell commercial vehicle ecosystem in China with regional partners. Hyundai Motor signed an MOU with Shanghai Electric Power Co., and Shanghai Ronghe Electric Technology Financial Leasing Co., Shanghai Sunwise New Energy System Co.,

Hyundai 356

Hyundai Commercial China Motor 356

Green Car Congress

JULY 30, 2021

million in new financing. Surging global demand for electric vehicles (EVs) and other motorized devices has highlighted global dependency on the unsustainably-produced rare earth materials currently required for the magnets needed in electric drivetrains and motors.

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Minnesota Commercial Clean Cleaning 482

Green Car Congress

MAY 10, 2022

In Europe, Ford took another major step in its electrification transformation as Ford Pro revealed the first details of the all-new, all-electric, E-Transit Custom. The all-electric E-Transit Custom will enter production in the second half of 2023. Ford, SK On Co., Earlier post.).

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Ford Turkey Electric Electrical 419

Green Car Congress

APRIL 6, 2022

million contract for 20 Proterra ZX5 Max electric transit buses, featuring more than 13 megawatt hours of battery storage energy, and two Proterra megawatt-scale fleet chargers. Designed and manufactured in the United States, Proterra’s electric transit buses are equipped with the company’s own battery technology systems.

Fleet 448

Fleet Purchase North America Energy Storage 448

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

JUNE 9, 2022

As part of the agreement the partners will offer aircraft leasing and financing solutions that enable operators to run zero-emission flights. MONTE and ZeroAvia aim to retrofit the aircraft for clients starting in 2024 and will provide and finance maintenance and hydrogen availability services to support these operations.

Hydrogen 370

Hydrogen Emissions Financing USA 370

Baua Electric

MARCH 5, 2024

EV charging provider ChargePoint , energy solutions provider EnTech Solutions and bank Wells Fargo are collaborating to offer flexible financing solutions for businesses building charging infrastructure for EV fleets. Potential customers include commercial vehicle fleets and businesses.

Financing 52

Financing Fleet Charging Installation 52

Green Car Congress

JULY 29, 2014

Exelon Corporation will provide equity financing for 21 megawatts (MW) of Bloom Energy solid oxide fuel cell (SOFC) projects at 75 commercial facilities in California, Connecticut, New Jersey and New York. Terms of the transaction were not disclosed.

Financing 210

Financing District of Columbia Commercial Energy 210

Teslarati

JANUARY 11, 2024

Ford Pro Insure expanded its insurance offering for commercial vehicles to Indiana and Wisconsin. Besides Indiana and Wisconsin, Ford’s insurance for commercial vehicles is also available in Arizona, Illinois, and Tennessee. The right commercial auto insurance can help them run efficient and productive fleets.

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Wisconsin Indiana Ford Commercial 93

Green Car Congress

NOVEMBER 25, 2019

Group14 Technologies announced $18 million in new financing from Amperex Technologies Limited (ATL), Showa Denko (SDK), Cabot Corporation, BASF Venture Capital, and OVP Venture Partners. The new funds will be used to scale-up manufacturing of a next-generation silicon-carbon composite anode material and advance into commercial production.

Financing 243

Financing Carbon Li-ion Lithium Ion 243

Green Car Congress

OCTOBER 6, 2021

Volvo Trucks received an order for 100 Volvo FM Electric trucks from DFDS, Northern Europe’s?largest The deal is the largest commercial order to date for Volvo electric trucks, and one of the largest yet for heavy electric trucks worldwide. DFDS has chosen a financing solution provided by Volvo Financial Services.

Volvo 435

Volvo North America Electric Electrical 435

Green Car Congress

AUGUST 12, 2021

ChargePoint Holdings, a leading electric vehicle (EV) charging network operating in North America and Europe, has acquired ViriCiti, a leading provider of electrification solutions for eBus and commercial fleets. IMPROVED Corporate Finance B.V. Jose Serras-Pereira, Director – Advisory, Mobility Group, Frost & Sullivan.

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Fleet Commercial North America San Francisco 218

Green Car Congress

MARCH 25, 2020

Loop Energy, a provider of fuel-cell-electric range-extenders for medium- and heavy-duty transport applications, has received an additional cash investment from Cummins Inc. The further investment was made following Loop’s successful completion of milestone requirements established at the time of Cummins initial investment in September 2019.

Transportation 276

Transportation Commercial Fuel Energy 276

Green Car Congress

APRIL 27, 2022

South 8 Technologies, a developer of electrolyte formulations for next-generation lithium batteries, has raised $12 million in Series A financing, led by Anzu Partners with participation from LG Technology Ventures, Shell Ventures, Foothill Ventures, and Taiyo Nippon Sanso Corporation (TNSC).

Lithium Ion 284

Lithium Ion Commercial Li-ion Batteries 284

Green Car Congress

SEPTEMBER 19, 2014

Tech CU (Technology Credit Union) is working with Tesla Motors as a preferred financing partner for their Model S, Model X and Roadster electric vehicles, offering up to 100% financing with a competitive annual percentage rate (APR).

Financing 236

Financing Tesla Motors Motor Motors 236

Green Car Congress

JULY 1, 2023

has acquired the full and sole ownership of the German company resulting from the former joint venture Nikola Iveco Europe, now to be renamed as EVCO (Electric Vehicles COmpany). Iveco Group N.V.

Europe 395

Europe North America Financing America 395

Green Car Congress

JULY 10, 2012

GE Capital’s Commercial Distribution Finance (CDF) business has agreed to provide Brammo Inc. with inventory financing to support the expansion of its dealer network in the US. The Ashland, OR-based manufacturer designs and develops electric motorcycles. —Craig Bramscher, founder and CEO of Brammo.

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Electric Motorcycles Financing Motorcycles North America 230

Green Car Congress

NOVEMBER 3, 2020

Lordstown Motors Corporation, a startup developing an all-electric pickup truck serving the commercial fleet market, merged with DiamondPeak Holdings Corporation, a special purpose acquisition company (SPAC). The combined entity will trade on the NASDAQ exchange under the ticker symbol “RIDE.”.

Motor 321

Motor Motors Motoring Fleet 321

Green Car Congress

NOVEMBER 10, 2020

received a purchase order for 500 of its all-electric C-1000 delivery vehicles from Pritchard Companies. Inventory financing will be provided by Hitachi Capital America as part of Workhorse’s previously announced strategic partnership with HCA. Workhorse Group Inc.

Purchase 418

Purchase Companies Financing Electric 418

Green Car Congress

SEPTEMBER 1, 2021

The South Coast Air Quality Management District (South Coast AQMD) is leading a landmark effort along with the California Air Resources Board (CARB) and the California Energy Commission (CEC) to deploy 100 battery-electric regional haul and drayage trucks across California.

California 334

California Los Angeles North America Batteries 334

Teslarati

JUNE 14, 2022

Australian renewable energy Edify Energy has formally announced that its high-profile 150MW / 300MWh battery storage system has completed its financing. We are excited to partner with Federation Asset Management to successfully deliver the Riverina Battery Project into commercial operation.

Financing 98

Financing Batteries Battery Tesla 98

Green Car Congress

SEPTEMBER 16, 2022

Iveco Group has created a new entity: GATE (Green & Advanced Transport Ecosystem), a long-term, all-inclusive rental model for electric trucks and vans, which will support the industry’s energy transition. Iveco Group comprises eight unique brands.

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Italy Financing Maintenance Electric 199

Green Car Congress

OCTOBER 10, 2021

The New York City Council passed a bill mandating that the city’s school bus fleet be fully electric by 1 September 2035. Of the 960 currently managed by the City, 885 would still be need to be converted from diesel to electric as the City had previously committed to converting 75 school buses. billion through Fiscal 2035, or $310.9

New York City 342

New York City New York All-Electric Financing 342

Green Car Congress

APRIL 2, 2021

ZeroAvia is launching the development program for a 2MW hydrogen-electric powertrain for full-size regional aircraft. Existing investors Breakthrough Energy Ventures, Ecosystem Integrity Fund, Summa Equity, Shell Ventures, and SYSTEMIQ also participated in the financing. The program kick-off is supported by a new raise of $24.3

Hydrogen 376

Hydrogen Commercial Electric Electrical 376

Green Car Congress

FEBRUARY 22, 2022

QUANTRON has unveiled its new 12m electric bus called CIZARIS. The new bus model in the Augsburg-based company’s bus portfolio will be launched as an all-electric version (CIZARIS 12 EV), followed in 2023 by a fuel cell drive (CIZARIS 12 H) that uses a largely identical powertrain.

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Fuel Electric Electrical Austria 448

Green Car Congress

OCTOBER 8, 2013

Fuji Electric Corp. to offer Financing Programs on their DC Quick Charging Stations for Electric Vehicles. The program offers zero-down, zero-interest financing in an effort to offset the cost of equipment and encourage small businesses to install charging stations at their sites. Earlier post.)

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Financing Charging DC Installation 210

Green Car Congress

MAY 12, 2022

NFI Industries—a leading third-party supply chain solutions provider—is increasing its investment in electromobility solutions with its latest order of 60 Volvo VNR Electric trucks. Our experience with the Volvo LIGHTS project was a major factor in NFI’s decision to purchase VNR Electric trucks for our drayage operations.

Volvo 273

Volvo Industrial Industry Los Angeles 273

Green Car Congress

APRIL 11, 2022

Ford Pro is now shipping the first production units of its all-electric E-Transit van to customers across Europe from the Ford Otosan factory in Kocaeli, Turkey, a milestone that closely follows the start of deliveries to US customers from Kansas City Assembly Plant in February. —Hans Schep, general manager, Ford Pro, Europe.

Turkey 307

Turkey Ford Kansas City Europe 307

Green Car Congress

MAY 12, 2020

Hyundai Motor Company is partnering with Incheon International Airport Corporation (IIAC), Air Liquide Korea and Hydrogen Energy Network (HyNet) to establish a hydrogen refueling station for fuel cell electric buses at Incheon Airport’s Terminal 2 by March 2021. In September 2019, Hyundai and Cummins Inc. Earlier post.).

Hyundai 377

Hyundai Hydrogen Motor Motors 377

Baua Electric

APRIL 4, 2024

The commercial EV startup can now resume its work in delivering its electric last-mile trucks to customers this year. Volta Trucks is a UK-based commercial EV startup that spent nearly four years working toward initial deliveries of its flagship commercial truck, the Volta Zero.

Commercial 52

Commercial Austria France Purchase 52

Green Car Congress

DECEMBER 17, 2020

Lightning eMotors has announced a new model of its Class 3 Lightning Electric Transit Van. The new, longer-range Lightning Electric Transit Van is the fourth generation of its battery-electric and fuel cell electric platform, based on the Ford Transit 350HD chassis. —Tim Reeser, CEO of Lightning eMotors.

Batteries 448

Batteries Battery Fuel Electric 448

Green Car Congress

JUNE 23, 2021

Proterra Inc and Miami-Dade County announced a major fleet electrification project with the County acquiring 42 Proterra ZX5+ electric transit buses, featuring a total of 19 MWh of battery storage capacity, along with plans to install 75 Proterra chargers across three bus depots. The first electric buses are slated to be delivered in 2022.

Miami 284

Miami Fleet North America United States 284

Green Car Congress

AUGUST 6, 2019

Electric bus manufacturer Proterra launched Proterra Powered vehicle electrification solutions, leveraging Proterra’s electric vehicle technology and expertise to help commercial vehicle manufacturers electrify their heavy-duty vehicles.

Fleet 170

Fleet Commercial Building Power 170

Green Car Congress

AUGUST 23, 2011

million in Series E financing through the sale of new shares and the conversion of previously issued promissory notes. The financing will be used to further grow customer adoption in key commercial markets, expand internationally and develop and commercialize new products.

Financing 210

Financing Power Powered Gas-Electric 210

Green Car Congress

AUGUST 3, 2014

FuelCell Energy intends to use the net proceeds from the offering for project development, project finance, working capital support and general corporate purposes. The company’s project finance subsidiaries may draw on the facility to finance the construction of projects through the commercial operating date (COD) of the power plants.

Financing 244

Financing Energy Companies Carbon 244

EV Obssesion

NOVEMBER 9, 2021

The post ‘GRIDSERVE Partner Network’, Li-Cycle,100 Years of Glaciers Disappearing, Elon’s Tesla Shares, NFI Financial Solutions EV Financing, Swappable Battery for Commercial Vehicle appeared first on EV Obsession.

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Financing Climate Change Commercial Climate 52