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. Earlier post.).

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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

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

OCTOBER 31, 2019

With the high costs and operational complexities surrounding electric vehicle (EV) deployments within commercial fleets, EV manufacturer BYD announced a preferred partnership with charging infrastructure provider AMPLY Power. BYD produces transit buses and motor coaches at its manufacturing plant in Lancaster, California.

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BYD Fleet Commercial Charging 150

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 demand for electric vehicles has been growing rapidly, which is reflected in the manufacturing and development of batteries. —Janne Palosaari, Chief Commercial Officer.

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Commercial Production Batteries Battery 223

Green Car Congress

DECEMBER 9, 2011

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 ).

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Financing Commercial Michigan Corporation 210

Green Car Congress

JUNE 18, 2021

million in additional financing from several investors, including the Iowa, Minnesota, Kansas and Illinois Corn Growers Associations. ClearFlame Engine Technologies , a growing startup dedicated to the development of clean engine technology ( earlier post ), secured $2.5 In fact, it increases power by 25%.

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Diesel Engine Fuel Iowa 321

Green Car Congress

JUNE 30, 2022

FREYR’s Board of Directors has sanctioned construction of Giga Arctic (combined Gigafactories 1 & 2), the company’s first battery manufacturing facility under development in Mo i Rana, Norway. In addition, FREYR had $523 million of cash on its balance sheet as of 31 March 2022, and currently has multiple grant applications pending decision.

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Norway Batteries Battery Financing 150

Green Car Congress

APRIL 1, 2010

an Ann Arbor-based developer of next-generation lithium-ion batteries ( earlier post ), has completed a $7-million Series B round of financing. The capital, from new investor Beringea and previous investor Khosla Ventures, will fund the company’s expansion of its Michigan-based research, development and manufacturing capabilities.

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Financing Li-ion Michigan Lithium Ion 199

Green Car Congress

APRIL 9, 2020

Municipal and commercial fleets are on the front lines of state-wide goals to decarbonize our transportation sector, and they deserve solutions that make the transition both simple and cost-effective. This service can also provide debt financing or secure grant funding to reduce capital expenditures and implement resiliency plans as needed.

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Energy Power Powered New York City 481

Baua Electric

MAY 23, 2024

Now Mullen has taken a positive step towards the big time, raising $150 million in new financing commitments. Mullen’s THREE and ONE commercial delivery vehicles are in production and available for delivery now. The company expanded its commercial dealer network with the addition of Pritchard EV and National Auto Fleet Group.

Tax Credit 52

Tax Credit Production Mississippi Charging 52

Green Car Congress

JANUARY 24, 2019

Safran acquired an equity interest in Li-Sulfur battery manufacturer OXIS Energy ( earlier post ) through its Safran Corporate Ventures subsidiary, which invests in disruptive technology businesses. The investments made by these companies take the total capital raised to just under £24 million (US$31.3

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Lithium Sulfur Energy Batteries Battery 246

Green Car Congress

MAY 18, 2018

The partners hope that this collaboration will enable NMG to commercialize battery material technologies developed by HQ over the past 30 years. HQ will assist NMG in its material qualification processes with leading lithium-ion battery manufacturers. NMG’s financing. per unit for an aggregate gross proceeds of $2,000,000.

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NMG Li-ion Lithium Ion Grant 186

Green Car Congress

JANUARY 30, 2018

Cuberg developed an advanced lithium metal rechargeable battery cell that is designed to be a drop-in solution to existing large-scale battery manufacturing processes. In September 2017, CalSEED awarded Cuberg $150,000 in Phase I grant funding. In December 2017, NSF SBIR awarded Cuberg $225,000 in Phase I grant funding.

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Recharge Batteries Battery Grant 218

Green Car Congress

FEBRUARY 27, 2010

have executed a Memorandum of Understanding (MOU) regarding the development of a commercial scale biorefinery facility for the production of renewable jet or diesel fuel. The renewable energy facility will be co-located with Hughes Hardwood’s wood component products manufacturing facility in Collinwood, Tennessee. Earlier post.).

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Tennessee Renewable Commercial Diesel 199

Green Car Congress

JULY 25, 2023

In addition to the capital investment, the companies have entered into an agreement to negotiate and execute a definitive license agreement whereby Aqua Metals will grant Yulho a license to deploy Aqua Metals’ patented AquaRefining technology in South Korea in its own facilities.

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South Korea Batteries Battery Li-ion 150

Green Car Congress

OCTOBER 28, 2020

The new agreement will see Mercedes-Benz AG grant access to a range of advanced Mercedes-Benz technologies, including next generation hybrid and electric powertrains, as well as other vehicle components and systems. The supply arrangements for these new technologies will be on agreed commercial terms.

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Aston Martin Mercedes Hybrid Grant 279

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.

Tax Credit 52

Tax Credit Tax Financing North America 52

Green Car Congress

MAY 6, 2013

LGCMI) is targeting the launch of commercial production of automotive lithium-ion battery cells in July, 2013 at its Holland, Michigan facility once it has successfully completed the Production Part Approval Process (PPAP) and gained customer approval. The $303-million, 650,000 square-foot facility was financed in part from a $151.4

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Michigan Li-ion Volt Production 231

Blink Charging

NOVEMBER 9, 2023

The decision to purchase or lease electric vehicles (EVs) for your commercial fleet depends on several factors, such as whether you want to own your capital assets versus maintaining a more flexible cash flow. In this blog, we will explore the advantages of both owning and leasing a commercial electric fleet.

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Fleet Tax Credit Tax Financing 52

Green Car Congress

APRIL 30, 2014

Ambri, developer of Liquid Metal Battery grid-scale energy storage technology, closed a $35-million Series C equity financing. This latest funding round will enable Ambri to deliver commercial systems to customers, build its initial commercial-scale manufacturing plant, and continue technology development.

Companies 210

Companies Batteries Battery Massachusetts 210

Clean Fleet Report

MARCH 10, 2024

This guide offers a strategic map for business owners and fleet managers navigating the vast panorama of commercial vehicles, ensuring that the wheels turning for your company are the wheels of prosperity, reliability and efficiency. The New vs. Used Debate The decision to buy new or used vehicles is a strategic one.

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Fleet Vehicles Maintenance Dealers 58

Electric Vehicles India

APRIL 3, 2023

The executive director of Bajaj Auto, Rakesh Sharma, said in a recent interview with the media: As it is very favorable to provide a stable product for commercial users, we want to proceed in phases, hence the limited launch. FAME approval and ARAI certification have been granted. Deliveries will be limited in the coming weeks.

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Auto India Electric Electrical 90

Green Car Congress

MARCH 19, 2012

Governments and vehicle manufacturers will need to introduce long-term incentives and price cuts to create a sustainable European market for ultra-low emission vans (ULEV), according to a newly published report by Element Energy, commissioned by the UK Department for Transport. Summary of battery pack cost projections, 2010-2030.

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Emissions Manufacturer Market Price 231

Green Car Congress

JULY 12, 2012

million grant to support research efforts to develop enhanced manufacturing processes, testing and utilizing of guayule natural rubber as a strategic source of raw material in tires, and evaluating the remaining biomass of the guayule plant as a source of biofuel for the transportation industry. Earlier post.). Resources.

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Netherlands Grant Renewable Corporation 225

Green Car Congress

JULY 29, 2012

Cellulosic sugar manufacturer Sweetwater Energy, Inc. million seed round closed in February, 2010, financed in large part by Chesonis and Jack Baron, Sweetwater’s President and Chief Operating Officer. has oversubscribed and closed its Series A funding round. Sweetwater’s initial $1.2

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Energy 2006 New York Low Cost 247

Green Car Congress

DECEMBER 23, 2016

A grant agreement worth a maximum of €4.2 As part of implementation of the EVA+ project in Italy, Enel is signing agreements with motorway concession holders with the aim of enhancing the project’s technological innovation and commercial components. million (US$4.4

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Austria Italy Electric Vehicles BMW 150

Green Car Congress

JULY 27, 2016

Founded in 1994, Broad-Ocean is a global manufacturer of motors that power small and specialized electric machinery for electric vehicles (EVs), including buses, commercial vehicles and passenger vehicles, and for heating, ventilation and air conditioning (HVAC). Ballard has granted Broad-Ocean anti-dilution rights to maintain its 9.9%

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Motor Motors Motoring Fuel 150

Green Car Congress

SEPTEMBER 23, 2010

The financing is expected to close next week. Ener1 set out to raise $150 million at the start of 2010, to meet near-term manufacturing objectives. Over $300 million has been invested in the company over the last five years in achieving the steps to commercialization, and building a global manufacturing footprint.

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Indianapolis Li-ion United States Purchase 186

Green Car Congress

APRIL 27, 2012

million Series A financing. million financing and grant awards totaling almost $1 million from the National Science Foundation (NSF), US Air Force (USAF) and US Navy (USN), Boulder Ionics will demonstrate the use of ionic-liquid-based electrolytes in a range of devices from ultracapacitors and lithium-ion batteries to metal-air batteries.

Energy Storage 236

Energy Storage Lithium Ion Molten Salt Energy 236

Green Car Congress

MAY 22, 2016

China’s Zhejiang Geely Holding Group (ZGH) has raised $400 million through the first Green Bond sale on the offshore market from a Chinese automobile company to support the design, development and production of range-extended electric vehicles by its UK subsidiary, the LondonTaxi Company (LTC), manufacturer of the iconic London Black Cab.

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London Taxi Green Range 170

Green Car Congress

OCTOBER 29, 2009

These grants will support 123 projects in 39 states, with recipients including private industry, academic institutions, tribal entities, local governments, and DOE’s national laboratories. The grants will be matched more than one-for-one with an additional $353 million in private and non-Federal cost-share funds.

Energy 236

Energy Grant Oil Financing 236

Green Car Congress

JANUARY 21, 2010

Lithium-ion battery manufacturer EnerDel will invest $237 million in a new manufacturing plant near its Indianapolis headquarters in order to meet anticipated demand for advanced battery systems used in both automotive and stationary smart grid applications. The Indiana plant will be financed through a $118.5 Earlier post.)

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Indiana Lithium Ion Stimulus Package Indianapolis 186

Electric Vehicles India

JUNE 17, 2021

The light commercial vehicles are expected to grow from 1% today to 60% of their market over the same time period and medium and heavy commercial vehicles to just over 30%, from almost zero now. Ensure finance availability, particularly for commercial EVs. Focus on creation of Phased Manufacturing Plan.

India 59

India Electric Vehicles Sale Charging 59

Green Car Congress

FEBRUARY 13, 2012

The request includes increased funding for clean energy, research and development to spur innovation, and advanced manufacturing. priorities in clean energy and advanced manufacturing, through grants, financing assistance, and tax incentives that accelerate fundamental. The President’s Budget for FY 2013 provides $27.2

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2013 Fuel Wind 2012 261

Green Car Congress

JANUARY 25, 2011

The material possesses very high surface area and a high packing of nanopores, according to Skeleton, which aims to commercialize the carbon material and supercapacitor technology. The US patent and soon-to-be-granted EU patent gives the company protection for carbide-derived-carbons suitable for energy storage applications.

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Carbon Energy Power Powered 353

Green Car Congress

FEBRUARY 19, 2014

The investment also marks a strengthening and deepening of the existing industrial and commercial partnership between PSA and DFG, China’s second largest carmaker. China Vehicle Manufacturers' China’s Dongfeng Motor Group (DFG) will invest at least €800 (US$1.1 billion) in France-based PSA Peugeot Citroën as part of a €3-billion (US$4.13-billion)

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Industrial Industry Motor Motors 236