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Ford, Ford Credit introduce sustainable financing framework prioritizing EV, clean production, community investments

Green Car Congress

Ford Motor Company and its financing subsidiary, Ford Motor Credit Company, introduced the North America auto industry’s first sustainable financing framework, focusing on and paying for ambitious plans in vehicle electrification and other environmental and social areas. Vigeo Eiris, an arm of Moody’s Corp.,

Financing 170
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Get H2 partners propose green hydrogen pipeline in Europe

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Seven companies from the GET H2 initiative in Europe want to build a cross-border pipeline for green hydrogen. Most of the transport will take place via existing gas grid lines (shown in orange), which will be converted to hydrogen transport. The companies want to push ahead with the development of a hydrogen economy.

Hydrogen 435
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FreeWire Technologies raises $125M in Series D; battery-integrated ultrafast EV charging stations

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The financing consists of a Senior Convertible Note provided exclusively by funds and accounts managed by BlackRock Financial Management, Inc. The financing consists of a Senior Convertible Note provided exclusively by funds and accounts managed by BlackRock Financial Management, Inc.

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FCA US reaches settlements on diesel emissions at estimated cost of $800M

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federal and state authorities FCA maintains its position that the Company did not engage in any deliberate scheme to install defeat devices to cheat emissions tests. The consent decree and settlement agreements contain no finding or admission with regard to any alleged violations. . $6 6 million to Customs and Border Protection.

Cost Of 312
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Energy Conversion Devices files Chapter 11, seeks sale of businesses; Ovonic Battery Company sold to BASF Corporation

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On 13 February ECD sold its majority owned subsidiary, Ovonic Battery Company, Inc. However, current cash is anticipated to be sufficient for expected operations during the Chapter 11 proceeding, and therefore the Company is not expected to require third-party debtor-in-possession financing. Earlier post.) Sale of United Solar.

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California ARB fines Ford $2.96 million for sales of non-compliant On-Board Diagnostic systems in California

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The California Air Resources Board announced that Ford Motor Company has agreed to fines totaling $2,960,000 for violations of air quality laws related to the sale of vehicles with non-compliant On-Board Diagnostic (OBD) systems in California. Officials estimate the money will support loans for about 90 clean-diesel vehicles.

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Obama Announces Steps to Boost Biofuels, Clean Coal; RFS2, BCAP, BIWG and Carbon Capture and Storage Task Force

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Second, the US Department of Agriculture proposed a rule on the Biomass Crop Assistance Program (BCAP) that would provide financing to increase the conversion of biomass to bioenergy. USDA has proposed a rule for Biomass Crop Assistance Program (BCAP) to convert biomass to bioenergy and bio-based products. per gallon.

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