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

AUGUST 23, 2023

Australia-based hydrogen fuel cell vehicle company H2X Global recently secured a US$57-million deal with US-based firm, Verde Mobility Inc., The funds will also support H2X Global’s planned listing on the London Stock Exchange. to fastrack H2X’s delivery of 800 hydrogen-powered vehicles.

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Global North America Hydrogen Fuel 195

Green Car Congress

MARCH 3, 2022

Under the new plan, the company aims to boost annual global BEV sales to 1.87 million units and secure 7% of global market share by 2030 by strengthening its line-up with 17 new BEV models by 2030; 11 for Hyundai models and 6 for Genesis luxury brand. Optimizing EV manufacturing capacity. New IMA architecture.

Hyundai 370

Hyundai Global Motor Motors 370

Green Car Congress

OCTOBER 25, 2022

AM Batteries (AMB), a developer of lithium-ion dry-electrode technology, closed its Series A financing. One of the fundamental issues with today’s lithium-ion battery manufacturing process is the heavy carbon footprint, energy consumption, and cost from the solvent evaporation and recovery process needed for electrode fabrication.

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Lithium Ion Manufacturer Batteries Battery 150

Green Car Congress

APRIL 18, 2020

IHS Markit is forecasting that global commercial vehicle production (GVW 4-8) volumes in 2020 compared to 2019 will be down 22% (more than 650,000 units) to 2.6 These forecasts are informed by the latest IHS Markit global economic forecast updates, which reflect a 3.0% decline in global real GDP in 2020.

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2020 Commercial Global Production 191

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. One of the top 5 global wind turbine OEMs. Earlier post.). 2019.165962.

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Grant Production Wind Clean 345

Green Car Congress

APRIL 28, 2021

Ford announced a new global battery center of excellence—called Ford Ion Park—to accelerate research and development of battery and battery cell technology, including future battery manufacturing. This 200,000 sq.-ft.

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Ford Global F-150 Batteries 334

Green Car Congress

FEBRUARY 6, 2018

In addition to new investors BlackRock and Sinobioway, existing investors also participated in this financing. This new and significant financing will help accelerate our growth and further expand project development and implementation. BlackRock operates globally with 70 offices in 30 countries and clients in 100 countries.

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Waste Financing Companies Canada 199

Baua Electric

APRIL 15, 2024

China already has enough battery manufacturing capacity to supply all global EV production, according to Bloomberg New Energy Finance. China’s declared 2023 battery production alone was close to the actual global demand, according to BNEF, which notes that the U.S.,

Global 52

Global China Batteries Battery 52

Green Car Congress

DECEMBER 30, 2022

Graphex has more ethan a decade of commercial experience producing 10,000 metric tons per annum of battery-grade purified spherical graphite at its facility in Heilongjiang Province, China, for the power battery market. Reforme was founded by the team that developed a first in the sorting and beneficiating of iron ore.

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Australia Supplies Li-ion Manufacturer 170

Green Car Congress

DECEMBER 15, 2022

Group14 Technologies, a global manufacturer and supplier of advanced silicon battery technology, raised $214 million in additional financing from a consortium including Microsoft’s Climate Innovation Fund, Lightrock Climate Impact Fund, Moore Strategic Ventures, Oman Investment Authority, and Molicel.

Lithium Ion 150

Lithium Ion Oman Batteries Battery 150

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.

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Toyota Global Peterbilt Kenworth 170

Green Car Congress

APRIL 10, 2021

Syzygy Plasmonics, a technology company developing a high-performance photocatalyst for the industrial gas, chemical and energy industries, announced a $23-million Series B financing led by Horizons Ventures with participation from new global investors including Equinor Ventures. of global greenhouse gas (GHG) emissions.

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Hydrogen Manufacturer Production Universal 221

Green Car Congress

OCTOBER 20, 2022

billion to 21 projects to expand domestic manufacturing of batteries for electric vehicles (EVs) and the electrical grid and for materials and components currently imported from other countries. This US-owned and operated manufacturing plant in northern Alabama will be the first of its size in North America. Earlier post.) Of that, $1.6

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Parts Batteries Battery Lithium Ion 459

Green Car Congress

OCTOBER 13, 2021

Norway-based FREYR Battery has formed a 50:50 joint venture in the United States with Koch Strategic Platforms (KSP) to develop an initial 50 GWh of Gigafactory-scale battery cell manufacturing capacity in the US based on 24M Technologies (24M) SemiSolid platform technology ( earlier post ).

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Lithium Ion Norway Convert Financing 305

Green Car Congress

NOVEMBER 27, 2021

Cornish Lithium expects to benefit from TechMet’s deep knowledge of the battery metals supply chain and extensive commercial and strategic relationships. In addition, the Company will explore opportunities to generate complimentary commercial heat supplies in order to provide local businesses with low carbon energy.

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Financing Water Li-ion Lithium Ion 419

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.

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Electric Motorcycles Financing Motorcycles North America 230

Green Car Congress

OCTOBER 8, 2013

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. Fuji Electric Corp. Earlier post.)

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Financing Charging DC Installation 210

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).

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Manufacturer Commercial Motor Motors 210

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.

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Commercial Austria France Purchase 52

Green Car Congress

JULY 16, 2023

Ohmium International, a green hydrogen company that designs, manufactures, and deploys advanced Proton Exchange Membrane (PEM) electrolyzers, announced a strategic collaboration with Aquastill , one of the leaders in modular membrane distillation technology that uses the sustainable power of waste heat for desalination.

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Hydrogen Green Waste Clean 150

Green Car Congress

MAY 4, 2020

The A$300 million (US$193 million) Advancing Hydrogen Fund will be administered by the Clean Energy Finance Corporation (CEFC). The ARENA round is a $70-million grant program aiming to demonstrate the technical and commercial viability of hydrogen production at a large-scale using electrolysis.

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Hydrogen Financing Australia Renewable 286

Green Car Congress

JANUARY 31, 2022

LGES is the second largest battery maker in the world with over 20% market share1 and supplies its products to leading global Original Equipment Manufacturers (OEMs). LGES is currently manufacturing lithium-ion batteries in Poland, US, China, and South Korea, and is looking at expanding its production capacity.

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Energy South Korea Poland Lithium Ion 150

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. Electric vehicles are a powerful tool in reducing global CO2 emissions from the transport sector.

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Transportation Emissions Fleet Economy 473

Green Car Congress

OCTOBER 21, 2021

Allison’s investment in JJE follows the recently announced strategic partnership between the two companies, and an earlier debt financing commitment by Allison that will directly support JJE’s North America commercial electric product development, testing, and manufacturing efforts. Earlier post.).

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North America China Michigan 2008 186

Teslarati

APRIL 8, 2022

Ford announced it has officially started shipping production units of its all-electric E-Transit van to customers across Europe, aligning with its goals to electrify its business globally. Ford’s Commercial Transition to EVs.

Ford 106

Ford Europe Global Production 106

Green Car Congress

JANUARY 6, 2021

Deployed since 2012, WAVE has demonstrated the capability to develop and integrate high-power charging systems into heavy-duty electric vehicles from leading commercial EV manufacturers. WAVE has become a market leader in inductive charging systems, which are much better suited for commercial EVs than plug-in charging systems.

Charging 170

Charging Kenworth Financing Utah 170

Green Car Congress

JULY 15, 2020

Announced in January 2020 by US Secretary of Energy Dan Brouillette, the Energy Storage Grand Challenge (ESGC) is a comprehensive program to accelerate the development, commercialization, and utilization of next-generation energy storage. Over the Fiscal Years 2017-2019, DOE has invested more than $1.2

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Energy Storage Energy United States Financing 300

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

Green Car Congress

MAY 10, 2023

The project also contemplates competitive long-term financing from Glencore to fund Li-Cycle’s share of the capital investment. The black mass processed at the Portovesme Hub is expected to be supplied from Li-Cycle’s growing Spoke network in Europe and through Glencore’s commercial network.

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Li-ion Europe Lithium Ion Batteries 186

Green Car Congress

DECEMBER 21, 2010

which is commercializing olefin metathesis technology for renewable fuels and chemicals, has raised $100 million in its Series C financing round. Its manufacturing platform integrates its proprietary technology in novel combinations with established industrial processes (metathesis, transesterification, hydrogenation).

Financing 210

Financing Renewable South America Energy 210

Green Car Congress

DECEMBER 24, 2021

Tesla will offtake the majority of the proposed initial expansion of AAM production capacity at Vidalia at a fixed price for an initial term of four years commencing from the achievement of a commercial production rate, subject to final qualification. The Balama graphite operation is a globally significant natural graphite resource.

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Mozambique Louisiana Tesla Financing 221

Green Car Congress

JANUARY 31, 2012

is planning to enter into a global commercial bus partnership with Brazilian commercial bus body manufacturer San Marino Onibus e Implementos Ltda (Neobus) and will invest in the company. —John McKinney, president Navistar Global Bus. —John McKinney, president Navistar Global Bus.

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San Marino America Commercial Monaco 218

Green Car Congress

AUGUST 9, 2010

a renewable oil production and algal biotechnology company, announced that it has raised $52 million in its Series D financing round. Our technology and commercialization plans are progressing rapidly. Solazyme, Inc.,

Financing 170

Financing Chevron Oil Renewable 170

Green Car Congress

MAY 5, 2022

To deliver to customers including Porsche subsidiary Cellforce Group, Group14 plans to break ground on its second commercial-scale battery active materials (BAM) factory in the US to stay ahead of demand from markets reliant on high-performing batteries. Our investment in Group14 is an important step for Porsche’s M&A activities.

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Porsche South Korea Lithium Ion Energy Storage 150

Green Car Congress

SEPTEMBER 3, 2021

Echion’s materials have been successfully evaluated by major battery cell and battery materials manufacturers around the world, who are now moving forward to larger scale trials. The funds will also be used to strengthen customer support, commercial and R&D operations. —Rodrigo Amado, Head of Strategy and New Ventures at CBMM.

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Li-ion Lithium Ion Universal Low Cost 259

Green Car Congress

JANUARY 14, 2022

LanzaJet, a sustainable fuels technology company and renewable fuels producer, has secured financing for its Freedom Pines Fuels plant in Soperton, Georgia ( earlier post ), through the Microsoft Climate Innovation Fund. LanzaJet produces SAF and renewable diesel from low-carbon, sustainable ethanol sources.

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Climate Diesel Renewable Financing 273