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Universal Hydrogen announces $20.5M in Series A funding to build and test full-scale hardware for hydrogen commercial aircraft

Green Car Congress

million Series A financing round led by prominent Silicon Valley venture fund, Playground Global, with the investor syndicate comprising Fortescue Future Industries, Coatue, Global Founders Capital, Plug Power, Airbus Ventures, JetBlue Technology Ventures, Toyota AI Ventures, Sojitz Corporation, and Future Shape.

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MagREEsource secures €5M in financing; opening first pilot magnet recycling facility in Grenoble

Green Car Congress

MagREEsource, a 2020 spin-off of the CNRS-Institut Néel that is commercializing processes for recycling rare-earth magnets and then remanufacturing new magnets from the recycled powders, has secured €5 million in financing and has opened its first pilot facility in Grenoble, with a capacity of 50 tons by 2023.

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Bandhan Bank and M&M partner to offer commercial vehicle, equipment financing solutions | Autocar Professional

Baua Electric

Bandhan Bank has inked a Memorandum of Understanding (MoU) with Mahindra & Mahindra (M&M) to provide financing solutions to customers in the commercial vehicle and commercial equipment segments. Mahindra & Mahindra boasts an extensive range of commercial vehicles and equipment, offering products ranging from 3.5

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Kenya’s Largest Commercial Bank, KCB, Partners With BasiGo Kenya To Finance Electric Buses For Public Transport Operators

CleanTechnica EVs

In a major boost for electric mobility in Kenya, the country’s largest commercial bank, KCB Bank Kenya Limited, a subsidiary of KCB Group Plc, has partnered with BasiGo to finance electric buses for public transport operators.

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DiviGas closes $3.6M seed round to support commercialization of next-gen membrane for H2 separation

Green Car Congress

million seed round to support the commercialization of a new next-generation polymeric hydrogen separation membrane. This financing round will enable the production of Divi-H at an industrial scale, under the first two mass manufacturing lines. Start-up DiviGas has announced a $3.6-million Source: DiviGas.

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PACCAR and Aurora partner to develop and commercialize autonomous Peterbilt and Kenworth trucks

Green Car Congress

PACCAR and Aurora have signed a global, strategic agreement to develop, test and commercialize autonomous Peterbilt and Kenworth trucks. In the strategic partnership, PACCAR provides autonomous-enabled vehicles as well as aftermarket parts distribution, finance and other transportation solutions.

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NFI Industries orders 60 Volvo VNR Electric trucks

Green Car Congress

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. Earlier post.). Twenty of the trucks will be deployed as part of the Joint Electric Truck Scaling Initiative, or JETSI project. emission heavy?

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