Green Car Congress

JUNE 2, 2022

Qmerit, the leading provider of implementation solutions for EV charging and other electrification technologies, has launched turnkey EV charging solutions for commercial properties. Qmerit then conducts an on-site evaluation using the foundational information from the Commercial Assessment. —Tracy K.

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Commercial Charging North America Financing 199

Green Car Congress

JANUARY 20, 2021

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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Peterbilt Kenworth Commercial North America 397

Green Car Congress

JUNE 15, 2023

million) Series A financing round. Trafigura, TechEnergy Ventures and Doral Energy-Tech Ventures also participated in the financing. Leveraging the funding, OXCCU plans to accelerate its path to market by scaling its catalytic approach to convert hydrogen and carbon dioxide into SAF and other sustainable fuels.

Carbon 418

Carbon Fuel Financing Hydrogen 418

Green Car Congress

OCTOBER 15, 2021

The company anticipates entry into commercial service in 2025 with a certified retrofit conversion kit for existing ATR 72 and De Havilland Canada Dash-8 regional airliners and a green hydrogen fuel services offering. Full-scale prototype of Universal Hydrogen's gaseous hydrogen module, with one capsule removed.

Hydrogen 397

Hydrogen Universal Financing Los Angeles 397

Green Car Congress

JULY 30, 2021

million in new financing. Niron Magnetics , a company developing high-performance rare-earth-free iron-nitride (FeN) permanent magnets, has raised $21.3 The Volvo Cars Tech Fund and Volta Energy Technologies join existing investors Anzu Partners and the University of Minnesota.

Minnesota 482

Minnesota Commercial Clean Cleaning 482

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 13, 2022

BNEF’s 2H 2022 Energy Storage Market Outlook sees an additional 13% of capacity by 2030 than previously estimated, primarily driven by recent policy developments. The US and China are set to remain the two largest markets, representing more than half of global storage installations by the end of the decade.

Energy Storage 259

Energy Storage Global Market Energy 259

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). —Cyrus Rustomji, Ph.D.,

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Lithium Ion Commercial Li-ion Batteries 284

Green Car Congress

MARCH 25, 2020

Funds from the strategic financing will be used to further accelerate the company’s product development activities, project deployments, and growth plans as the Company expands its technical leadership in medium and heavy-duty hydrogen fuel cell bus and trucking applications. — Ewald, Vice President of Strategy and New Power, Cummins.

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Transportation Commercial Fuel Energy 276

Green Car Congress

DECEMBER 22, 2022

The new stufy combines analysis of investment opportunities focusing on three hubs: Mauritania - Morocco; southern Africa; and Egypt with a roadmap of technical, economic, environmental and financial solutions to unlock commercial development. The report was formally handed over to partners on 20 December.

Africa 481

Africa Mauritania Hydrogen Green 481

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. —Pasquale Romano, President and CEO of ChargePoint. Goldman Sachs & Co.

Fleet 218

Fleet Commercial North America San Francisco 218

Green Car Congress

MARCH 6, 2021

The technology can serve the fast-growing electrified vehicles and hydrogen transportation markets. The company has validated its competitive advantage in real-life applications and has shown strong commercial traction. million) Series D financing round announced by the company in November 2020. million ($48.5

Market 257

Market Lithium Ion Energy Storage Hydrogen 257

Green Car Congress

FEBRUARY 18, 2022

But according to a new report from CoBank, another major challenge that is often overlooked is the monumental impact these vehicles will have on the data center market. A 100-fold increase in storage capacity represents a 15-year 36% CAGR, a good bit higher than the market intelligence firm IDC’s annual forecast of 18% (from 2020 to 2024).

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Market Las Vegas Vehicles Store 210

Green Car Congress

MARCH 3, 2022

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. The new Hyundai BEV models will include three sedan models, six SUVs, one light commercial vehicle as well as one new type model. trillion (US$ 3.6 trillion (US$2.4

Hyundai 370

Hyundai Global Motor Motors 370

Green Car Congress

MAY 8, 2014

Pinnacle Engines also announced closure of its Series C financing, bringing total investment in the company to more than $30 million. Comprising individuals known and respected for their extensive experience in Asian markets, the Board will offer strategic business and technological advice to Pinnacle Engines’ executive team.

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Financing Engine Africa Asia 291

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. According to a press release , the project lands a first-time battery asset transaction in the Australian market with Federation Asset Management as the majority owner.

Financing 98

Financing Batteries Battery Tesla 98

Green Car Congress

NOVEMBER 2, 2022

Farizon Auto, the new energy commercial vehicle brand from Zhejiang Geely New Energy Commercial Vehicle Group (a subsidiary of Geely Holding) raised more than US$300 million in its first external financing round. This Pre-A round of investment was led by Hidden Hill Capital, which is backed by Singapore’s GLP. Earlier post.).

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Auto China Commercial Financing 259

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

JANUARY 28, 2022

The addition of InCharge Energy will strengthen ABB’s E-mobility Division in the North American market by broadening its customer base and expanding its fleet electrification software and digital services offering. InCharge Energy will maintain its leadership team and tech neutrality as it joins ABB’s E-Mobility Division.

Fleet 408

Fleet Energy Financing Canada 408

Green Car Congress

NOVEMBER 26, 2019

While the number of new clean power-generating plants completed stayed flat year-to-year, the volume of power derived from coal surged to a new high, according to Climatescope , an annual survey of 104 emerging markets conducted by research firm BloombergNEF (BNEF). The decline was not confined to China, however. billion and $2.7

Coal 243

Coal Clean Cleaning Financing 243

Green Car Congress

FEBRUARY 23, 2022

Cummins has entered into a definitive agreement to acquire Meritor, a global leader of drivetrain, mobility, braking, aftermarket and electric powertrain solutions for commercial vehicle and industrial markets. Under the terms of the agreement, Cummins will pay $36.50 billion, including assumed debt and net of acquired cash.

Climate Change 429

Climate Change Commercial Financing Global 429

Green Car Congress

DECEMBER 13, 2013

The US Department of Energy (DOE) has issued a Request for Information (RFI) ( DE-FOA-0001055 ) for light-duty fuel cell electric vehicles (FCEV) fueling infrastructure financing strategies within the context of an early market introduction. This is the least developed supply chain element at this time.

Financing 270

Financing Light Fuel Hydrogen 270

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

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

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 Most commercial vehicle factories in mainland China have returned to production. The local industry is already recovering, with commercial vehicle plants re-opened.

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2020 Commercial Global Production 191

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. Valero will market the ethanol produced at the Kinross facility. In January, Valero invested in Mascoma ( earlier post ).

Financing 210

Financing Commercial Michigan Corporation 210

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. Earlier post.)

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Lithium Ion Oman Batteries Battery 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.

Hydrogen 286

Hydrogen Financing Australia Renewable 286

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. CDF already provides inventory financing for other brands of alternative fuel and hybrid motorsports products.

Electric Motorcycles 230

Electric Motorcycles Financing Motorcycles North America 230

Green Car Congress

MARCH 7, 2022

Inceptio Technology, an autonomous driving truck technology and operation company ( earlier post ), closed a US$188-million Series B+ equity financing. This round of financing was jointly led by Sequoia Capital China and Legend Capital. Existing investors Meituan, NIO Capital, Eight Roads, Broad Vision Funds, etc.

Companies 259

Companies Financing China Supplies 259

Green Car Congress

MAY 31, 2021

—“State of Finance for Nature”. trillion finance gap between now and 2050, by “building back more sustainably”, by repurposing agricultural and fossil fuel subsidies and by creating economic and regulatory incentives. The report calls for coupling investments in restoration action with financing conservation measures.

Financing 296

Financing Climate Stimulus Climate Change 296

Green Car Congress

SEPTEMBER 11, 2014

Start-up Liquid Light, a developer of process technology to make major chemicals from low-cost, globally-abundant carbon dioxide ( earlier post ), has closed a $15-million Series B financing. The financing was completed at a significant increase in company valuation.

Financing 218

Financing Light Companies CO2 218

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

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Grant Production Wind Clean 345

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.)

Financing 210

Financing Charging DC Installation 210

Green Car Congress

SEPTEMBER 1, 2023

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.

Energy Storage 195

Energy Storage Energy Legal Polymer 195

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. Van Hool selected Proterra for its first all-electric motor coach in the North American market.

Fleet 170

Fleet Commercial Building Power 170

Green Car Congress

MARCH 7, 2022

Pony.ai, a global autonomous driving technology company, has completed its first close of its Series D financing. We’re confident in our autonomous vehicle tech readiness as we rapidly scale toward robotaxi and robotruck commercialization and mass production. A key part of our story for our investors is our tech development path.

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Financing 2020 Commercial Global 199