Green Car Congress

MAY 26, 2022

BC Transit in British Columbia, Canada has approved a $20-million contract to purchase ten 40-foot Proterra ZX5 electric transit buses and one Proterra Energy megawatt-scale EV fleet charger as part of the agency’s transition to a fully electric bus fleet.

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Green Car Congress

NOVEMBER 17, 2021

The agreement covers the purchase by Southwest of an expected 219 million gallons of negative-carbon-intensity SAF at a fixed price, over a fifteen-year term starting as early as 2026, when the biorefinery is scheduled to begin commercial delivery of fuel. million tonnes of avoided CO 2 over the term of the contract.

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Carbon Tax Credit Purchase Mississippi 170

Green Car Congress

DECEMBER 17, 2020

As a result, we’ve sold more all-electric commercial EVs than any other vehicle manufacturer in North America to date. Service is performed by Lightning eMotors’ network of Ford QVM-certified service centers, upfitters, and dealers, and spare parts are readily available worldwide. Last week, Lightning eMotors and GigCapital3, Inc.,

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Batteries Battery Fuel Electric 448

Green Car Congress

OCTOBER 24, 2019

Ideanomics’ Mobile Energy Group (MEG) is expanding its activities with heavy-duty electric trucks as part of an ongoing effort to identify commercial vehicle activities where significant pollution reduction can be achieved by eliminating fossil fuels. The company is headquartered in New York, NY, and has offices in Beijing, China.

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EV Life

OCTOBER 21, 2023

Household income limits, vehicle price restrictions, assembly locations, and battery component requirements all factor into whether your EV purchase qualifies and how much you can save. Two sections of the law, 30D and 45W, detail individual tax credits and commercial tax credits, respectively. But here’s the good part.

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Green Car Congress

APRIL 16, 2019

(Sila Nano) ( earlier post ) as part of Daimler’s research and development activities in support of electromobility. The investment forms part of Sila Nano’s $170-million Series E financing, which was led by Daimler. The investment forms part of Sila Nano’s $170-million Series E financing, which was led by Daimler.

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Lithium Ion Li-ion Batteries Battery 249

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

Baua Electric

MARCH 18, 2024

By securing an FTZ designation, Canoo eliminates all customs duties on vehicles sold overseas and defers of customs duties on imported parts for EVs sold in the US. Canoo sources over 90% of its parts in the US and free trade partners, with about 70% from North America. Despite the win, Canoo’s finances are still a concern.

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Oklahoma Oklahoma City Tax Credit Financing 52

Green Car Congress

JUNE 11, 2012

ALTe Powertrain Technologies, developer of a range-extended plug-in electric hybrid powertrain for light commercial fleet vehicle applications, has created a Commitment to Action to spur adoption of hybrid electric technology in the worldwide fleet industry as part of the Clinton Global Initiative America (CGI America) meeting.

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Fleet Global Purchase Financing 236

Green Car Congress

MARCH 19, 2009

While the President’s Task Force on the Auto Industry continues to review restructuring plans submitted by General Motors and Chrysler, the US Department of the Treasury announced an Auto Supplier Support Program that will provide up to $5 billion in financing to US-based suppliers.

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Financing Auto Chrysler Auto Industry 150

Green Car Congress

JULY 2, 2018

This means that a total of more than 420 cars, well over 100 buses, around 110 special and commercial vehicles and more than 425 new charging points will be purchased and built. As part of the fourth funding call “electromobility”, municipal vehicle fleets—e.g., —Andreas Scheuer.

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Green Car Congress

DECEMBER 11, 2021

Purchased for approximately €31.5 Vulcan will formally take over the plant from 1 January 2022 and will retain all existing local employees as part of the transition. Vulcan’s target of first commercial production of lithium by 2024 remains unchanged.

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Carbon Companies Renewable Luxembourg 243

Green Car Congress

NOVEMBER 14, 2018

This strategic collaboration with Weichai—a leading automotive equipment manufacturer specializing in the production of powertrains, automobiles, intelligent logistics, automotive parts and components—underscores our high conviction in the opportunity for Fuel Cell Electric Vehicles, or FCEVs, in China’s Heavy Duty Motive market.

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Fuel Power Powered Vehicles 223

Green Car Congress

APRIL 2, 2022

The main idea here is that fleet operators will no longer have to purchase the batteries; they will simply pay to use them. In the pilot project in China, Mitsubishi Corporation as commercialization partner and Bosch are working with BPSE. Blue Park Smart Energy is part of the BAIC Group and a leading company for battery swap systems.

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Mitsubishi China Batteries Battery 150

Green Car Congress

MAY 21, 2012

As part of the transaction, GreatPoint Energy has raised equity investment and secured project funding of $1.25 billion from Wanxiang to finance and construct the first phase of a coal-to-natural gas facility that ultimately will have an annual production capacity of one trillion cubic feet (1 Tcf) (30 billion cubic meters) per year.

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Coal Gas Purchase Energy 225

Green Car Congress

JANUARY 13, 2021

The US Department of Energy (DOE) is awarding an additional $47 million in funding for seven projects as part of the Advanced Research Projects Agency-Energy’s (ARPA-E) Seeding Critical Advances for Leading Energy technologies with Untapped Potential (SCALEUP) program. The new awardees are: Sila Nanotechnologies. Ionic Materials.

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Li-ion Batteries Battery Polymer 199

Green Car Congress

APRIL 6, 2018

The Softbank investment proceeds will therefore be an important component of the equity portion of the project financing as Nemaska continues to work on various complementary financing alternatives, including a USD 300-350 million debt financing and a USD 150-million streaming facility. of the outstanding shares.

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Financing Purchase Fusion Energy Storage 170

Green Car Congress

APRIL 27, 2018

With support from the EIB and InnovFin – EU Finance for Innovators Energy Demonstration Projects facility, the Swedish Energy Agency, and industrial partners, the establishment of Northvolt Labs is a key step towards the launch of Northvolt’s large-scale battery cell factory, with ultimate planned capacity of 32 GWh by 2023.

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Batteries Battery Lithium Ion Sweden 207

Green Car Congress

JULY 22, 2009

Green Car Congress attended the Renewable Energy Finance Forum - Wall Street (REFF-Wall Street) conference (23-24 June) sponsored by Euromoney Energy Events and the American Council on Renewable Energy (ACORE). Although not part of the conferences formal structure, the themes were addressed in the presentations and panel discussions.

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Financing Renewable Stimulus Package Energy 150

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.

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Fleet Vehicles Maintenance Dealers 59

Cars That Think

AUGUST 30, 2021

These platforms—which combine open alliance legal agreements (like Visa or Mastercard's legal agreements), distributed ledger technology (for example, blockchains like IBM's hyperledger ), and end-to-end encryption—can handle not only payments but also finance, trade, tax, and audits in a uniform manner. or EU standards.

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Tax Legal Singapore Financing 120

Baua Electric

FEBRUARY 9, 2024

The two companies signed a Memorandum of Understanding to become leasing partners and ensure more BYD passenger and light commercial EVs are available to drivers. That preliminary land purchase is already in place , and the new facility is expected to be up and running within three years and reach an annual capacity of 200,000 EVs.

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BYD Green Turkey Chinese 52

Green Car Congress

MAY 29, 2018

The Government of Canada will purchase Kinder Morgan’s Trans Mountain Pipeline system and the expansion project (TMEP) for C$4.5 As part of the agreement, the Government has agreed to fund the resumption of TMEP planning and construction work under the ownership of a Crown corporation. —Bill Morneau, Minister of Finance.

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Green Car Congress

APRIL 12, 2019

Brightmark Energy , a San Francisco-based waste and energy development company, closed a $260-million financing package for the construction of the US’ first commercial-scale plastics-to-fuel plant, which will be located in Ashley, Indiana.

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Waste Financing Commercial Indiana 268

Electric Vehicles India

MARCH 30, 2023

As part of the collaboration, Kotak Mahindra Prime will provide flexible lending terms. Kotak Mahindra Prime Limited (KMPL) is a non-banking financial company (NBFC) that specializes in vehicle financing. KMPL provides loans for the purchase of new and used cars, commercial vehicles, and construction equipment.

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India Taiwan Financing Dealers 88

Green Car Congress

JANUARY 3, 2019

a manufacturer of electric-mobility solutions to the transportation sector ( earlier post ), closed a $35-million financing with Marathon Asset Management. The remaining $25 million will function as a revolving credit facility from which Workhorse may draw down as necessary to meet existing and future purchase orders.

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Financing Purchase Energy Batteries 259

Green Car Congress

JULY 15, 2016

The purchase price for this planned all-cash transaction is US$850 million (~€740 million). Wolfspeed is based in Research Triangle Park, North Carolina, USA, and has been a part of Cree for almost three decades. Infineon will fund the transaction with bank financing of US$720 million and US$130 million of cash-on-hand.

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Power Powered Buy North Carolina 150

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. NMG will support in part the needs for graphite of the anode material fabrication plant. 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

APRIL 17, 2019

By decoupling the batteries from the sale of its buses, Proterra enables transit customers to purchase the electric bus and lease the batteries over the 12-year lifetime of the bus. Proterra has been a leader in offering flexible financing options to lower upfront costs of an electric bus to be competitively priced against diesel buses.

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Batteries Battery Fleet Chicago 186

Baua Electric

JUNE 27, 2023

Free2Move Price is damaged ill into 3 arenas: house, trade and a public-facing constituent for purchasers anywhere they walk that incorporates get right of entry to to charging networks. Free2Move Price House will backup shoppers with set up, financing and guaranty of house charging and alternative power {hardware} and services and products.

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Price Re-Charge Production Charging 52

Green Car Congress

MAY 1, 2015

a provider of energy intelligence software (EIS), will collaborate with Tesla on the deployment and management of energy storage systems in commercial and industrial buildings. Cheap cells made in the Gigafactory are only part of the puzzle. Offering financing and new residential business models. EnerNOC, Inc., Earlier post.).

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Energy Storage Li-ion Energy Tesla 150

Green Car Congress

DECEMBER 19, 2013

billion have already been financed by the shareholders. Start of commissioning works at the first liquefaction train is scheduled for 2016 with the planned commercial launch of the first LNG train in 2017. As part of the Project implementation, main tenders have been completed and key contracts have been signed.

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Light Green Gas Russia 273

Green Car Congress

JULY 21, 2016

Charging infrastructure financing: Unlocking Up $4.5 Loan guarantees can be an important tool to commercialize innovative technologies because these projects may be unable to obtain full commercial financing due to the perceived risks associated with technology that has never been deployed at commercial scale in the United States.

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Obama Charging Financing DC 150

Green Car Congress

FEBRUARY 10, 2015

As Volkswagen and as an industry, we are doing our part to show the EV is a perfectly viable daily driver and as I have mentioned, we have done a lot on our side to bring this confidence to the consumer and drive further adoption of electric vehicles. Federal and state commitment to cleaner fleets by purchasing EVs and PHEVs.

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America 2016 Charging Gas-Electric 150

Green Car Congress

FEBRUARY 14, 2012

As part of its bankruptcy plan, ECD intends to sell through separate sales its wholly owned operating subsidiary United Solar Ovonic LLC (USO) and other assets, including its minority stake in Ovonyx, Inc. 35 OBC employees have been hired by BASF as part of this transaction. 51-year-old Energy Conversion Devices, Inc. Earlier post.)

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Corporation Conversion Companies Sale 210

Green Car Congress

SEPTEMBER 17, 2009

The partners expect that the proposed facility would principally convert waste grease—primarily animal fats and used cooking oil supplied by Darling—and potentially other feedstocks that become economically and commercially viable into renewable diesel. Valero Renewables. Earlier post.).

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Renewable International Diesel Louisiana 199

Green Car Congress

JULY 9, 2012

China has made progress with automotive energy-saving technologies over the past 10 years through implementing passenger car fuel consumption limits and the use of fiscal policy to encourage the purchase of small cars, the government statement noted. Developing the industrial system.

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Auto Industry Industrial Industry 2015 334