Green Car Congress

APRIL 7, 2012

Omnitek Engineering Corporation, a developer of natural gas engines and diesel-to-natural gas conversion systems, has entered into a definitive agreement with investors for a private placement of common stock and warrants to raise approximately $5.0 million in gross proceeds. Merriman Capital, Inc.

Financing 236

Financing Conversion Engine Diesel 236

Green Car Congress

MAY 10, 2014

a leading renewable technology, chemical products, and next generation biofuels company, has closed a private debt financing with Whitebox Advisors LLC consisting of a senior secured term loan exchangeable into senior secured convertible debentures. million in convertible debentures within 90 days of closing of the Financing.

Financing 231

Financing Convert Renewable Price 231

Green Car Congress

APRIL 22, 2021

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.

Hydrogen 397

Hydrogen Universal Commercial Building 397

Green Car Congress

JUNE 3, 2022

SafeAI, a global leader in autonomous heavy equipment, announced a collaboration with Siemens today to create an autonomous, zero emission heavy vehicle fleet for Obayashi Corporation. In May 2022, the companies began retrofitting the first 45 ton vehicle, which is expected to be ready by the end of 2022.

Emissions 397

Emissions Industrial Industry Vehicles 397

Green Car Congress

NOVEMBER 3, 2020

Lordstown Motors Corporation, a startup developing an all-electric pickup truck serving the commercial fleet market, merged with DiamondPeak Holdings Corporation, a special purpose acquisition company (SPAC). In November 2019, the Lodstown Motors acquired the Lordstown Complex, formerly a General Motors Corporation (GM) factory.

Motor 321

Motor Motors Motoring Fleet 321

Green Car Congress

MARCH 7, 2012

Carbon Motors Corporation, developer of a diesel-engined law enforcement vehicle ( earlier post ), announced that the US Department of Energy (DOE) has indicated that it will not proceed with Carbon’s $310 million application for a direct loan under the Advanced Technology Vehicle Manufacturing (ATVM) program. —William Li.

Financing 231

Financing Carbon Motor Motors 231

Green Car Congress

FEBRUARY 23, 2023

Battery and advanced materials company Talga Group ( earlier post ), with 100% owned graphite resources in Sweden, has received firm commitments for a placement of new fully paid ordinary Talga shares to raise A$40 million (US$27.3 BurnVoir Corporate Finance acted as financial adviser to the company.

Li-ion 218

Li-ion Sweden Financing Corporation 218

Cars That Think

MAY 9, 2024

From tech and finance, to healthcare, retail, and manufacturing, nearly every industry today has begun to incorporate artificial intelligence (AI) into their technology platforms and business operations. The result is a surging talent demand for engineers who can design, implement, leverage, and manage AI systems.

Engine 64

Engine Environment Industrial Industry 64

Green Car Congress

SEPTEMBER 5, 2021

China National Petroleum Corporation (CNPC) recently put its first hydrogen station in Beijing into operation. CNPC) is an integrated international energy company. Jointly built by CNPC and Beiqi Foton Motor Co., Foton), the hydrogen station covers an area of about 1,700 square meters in Changping District.

Hydrogen 300

Hydrogen Asia Russia Africa 300

Green Car Congress

FEBRUARY 14, 2012

On 13 February ECD sold its majority owned subsidiary, Ovonic Battery Company, Inc. OBC), to BASF Corporation for the gross purchase price of $58 million in cash before transaction fees, minority participations, and working capital and other adjustments. Earlier post.) million in outstanding 3% Convertible Senior Notes due 2013.

Corporation 210

Corporation Conversion Companies Sale 210

Green Car Congress

MAY 12, 2020

Hyundai Motor Company is partnering with Incheon International Airport Corporation (IIAC), Air Liquide Korea and Hydrogen Energy Network (HyNet) to establish a hydrogen refueling station for fuel cell electric buses at Incheon Airport’s Terminal 2 by March 2021. Hyundai fuel cell bus.

Hyundai 377

Hyundai Hydrogen Motor Motors 377

Green Car Congress

SEPTEMBER 18, 2022

Woodside Energy; Japan Oil, Gas and Metals National Corporation (JOGMEC); Marubeni Corporation; Hokuriku Electric Power Company; The Kansai Electric Power Co.; Tohoku Electric Power Co.; and Hokkaido Electric Power Co.

Japan 195

Japan Australia Supplies Emissions 195

Green Car Congress

MAY 5, 2010

Axial Vector Energy Corporation (AVEC) has developed a new hybrid electric drive train comprising a small axial-type, multi-fuel AVEC engine ( earlier post ), an AVEC generator/motor and an all new electric clutch. The engine will also come on in response to a need for a sudden burst of speed. AVEC project engineer Douglas Hahn.

Corporation 236

Corporation Engine Hybrid Energy 236

Green Car Congress

APRIL 2, 2021

Existing investors Breakthrough Energy Ventures, Ecosystem Integrity Fund, Summa Equity, Shell Ventures, and SYSTEMIQ also participated in the financing. This new round accelerates the larger hydrogen-electric engine development for the 50+ seat aircraft and supports additional commercial airlines initiatives to adopt hydrogen in aviation.

Hydrogen 376

Hydrogen Commercial Electric Electrical 376

Green Car Congress

NOVEMBER 19, 2013

Daimler AG is taking a major step forward in its China strategy with the closing of the company’s 12% investment in long-standing partner BAIC Motor, the passenger car unit of Beijing Automotive Group (BAIC Group), one of the top automotive companies in China. BMBS); Mercedes-Benz Auto Finance Ltd. million vehicles in 2012.

Chinese 259

Chinese Companies Mercedes Motor 259

Green Car Congress

OCTOBER 24, 2022

bp ventures has invested $6 million in all-electric ride-hailing business Freebee , a Miami-based company that provides free, on-demand transportation to local communities through their mobile app Ride Freebee.

Florida 170

Florida Miami Virginia Electric 170

Green Car Congress

JUNE 3, 2019

This latest round of funding brings the company’s total investment to $27.3 As part of the financing, Tim Woodward, managing director at Prelude Ventures, will join LevelTen Energy’s board of directors. To-date, Fortune 500 companies have procured more than $1 billion dollars of renewable energy through the LevelTen Energy platform.

Renewable 223

Renewable Energy North America America 223

Cars That Think

MAY 9, 2024

This article is part of our exclusive career advice series in partnership with the I EEE Technology and Engineering Management Society. As you begin your professional career freshly armed with an engineering degree, your initial roles and responsibilities are likely to revolve around the knowledge and competencies you learned at school.

Engine 78

Engine Corporation Personal Companies 78

Green Car Congress

JANUARY 16, 2020

Toyota is collaborating with Joby Aviation (Joby), an aerospace company that is developing and commercializing all-electric vertical take-off and landing (eVTOL) aircraft to enable the deployment of fast, quiet and affordable air transportation services. —Toyota Motor Corporation President and CEO Akio Toyoda.

Toyota 307

Toyota Transportation Automobile Affordable 307

Green Car Congress

DECEMBER 9, 2011

At that time, Mascoma, Valero, and Mascoma’s operating subsidiary, Frontier Renewable Resources LLC, jointly owned with natural resource management company, J.M. These costs are fully funded, with Valero providing the majority of the financing, and the remainder from awards by the US Department of Energy (DOE) and the State of Michigan.

Financing 210

Financing Commercial Michigan Corporation 210

Green Car Congress

NOVEMBER 22, 2022

UTM Offshore signed an agreement for the Front-End Engineering Design (FEED) for Nigeria’s first Floating Liquefied Natural Gas (FLNG) facility with engineering firms KBR, JGC Corporation and Technip Energies. UTM Offshore was incorporated in July 2012 as a privately held Nigerian company.

Nigeria 186

Nigeria Gas Mauritania Cameroon 186

Green Car Congress

SEPTEMBER 10, 2018

Farasis Energy, a global developer and manufacturer of lithium-ion cells, modules and large battery systems, recently completed C-round financing exceeding 1 Billion US dollars. The compay will use the capital raised to accelerate the expansion of its global automotive battery manufacturing infrastructure.

Li-ion 239

Li-ion Manufacturer Global Batteries 239

Green Car Congress

OCTOBER 12, 2019

Airbus and LM Industries, the the parent company of Local Motors and Launch Forth, have formed Neorizon to provide disruptive and innovative products with an initial focus on local mobility and autonomy. —Jay Rogers, CEO and founder of LM Industries. leadership.

Industrial 285

Industrial Industry Manufacturer North America 285

Green Car Congress

DECEMBER 17, 2018

The financing was led by advanced ceramics manufacturer Kyocera Group and leading global trading company, ITOCHU Corporation. 24M’s Chief Scientist & Co-Founder is Dr. Yet-Ming Chiang, a professor of Material Science and Engineering at MIT and one of the top battery researchers in the world.

Lithium Ion 207

Lithium Ion Li-ion Batteries Battery 207

Green Car Congress

JULY 16, 2010

The Engine Alliance (EA)—a 50/50 joint venture of General Electric and Pratt & Whitney, a unit of United Technologies Corp.— completed its 100 th GP7200 engine with employees and partners at a ceremony in Middletown, Conn. Center cut sketch of GP7200 engine. Center cut sketch of GP7200 engine. Click to enlarge.

Engine 170

Engine Fuel France Connecticut 170

Green Car Congress

AUGUST 20, 2015

Additionally, through a substantial yield advantage of the methanotroph over other microbes, Intrexon’s bioconversion platform has a favorable economic profile that, based on current targets, will allow even small scale demonstration plants to achieve profitability within the first year of production, the company said.

Gas 150

Gas Commercial Companies Conversion 150

Green Car Congress

SEPTEMBER 20, 2011

The private equity round was led by GSR Ventures, a venture capital firm with more than $1 billion under management that invests primarily in early stage and growth stage technology companies with substantial operations in China. As part of its plans, Boston-Power is establishing an R&D and EV battery engineering facility in China.

Boston 199

Boston Li-ion China Lithium Ion 199

Baua Electric

JULY 25, 2023

A former Method Vee champion motive force, Callaway discovered engine construction, chassis tuning and detail fabrication moment dreaming of changing into a qualified race automobile motive force. The corporate’s designs went on in order for Alfa Romeo, Aston Martin, Land Rover, Mazda and Normal Motors.

Automobile 52

Automobile Aston Martin Land Rover Mazda 52

Green Car Congress

SEPTEMBER 30, 2009

a biobutanol and renewable hydrocarbons company, announced the start up of its first biobutanol demonstration plant designed from retrofitting an existing demonstration scale ethanol plant to produce biobutanol. Standard automobile and small engines can run on biobutanol blended into gasoline at any ratio, according to Gevo.

Companies 246

Companies Renewable Gasoline 2009 246

Green Car Congress

DECEMBER 25, 2014

Japan’s New Energy and Industrial Technology Development Organization (NEDO) has selected IHI Corporation and Toshiba Corporation as co-researchers in a project to develop and to demonstrate an underwater floating-type turbine system for ocean energy power generation. The project is slated to continue until FY 2017.

Energy 210

Energy Power Powered Japan 210

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). Renewable energy projects are frequently financed with project rather than corporate finance. by Bill Cooke.

Financing 150

Financing Renewable Stimulus Package Energy 150

Green Car Congress

SEPTEMBER 17, 2013

EV charging solutions company ECOtality, Inc. and its US subsidiaries yesterday filed a voluntary petition for relief under Chapter 11 of Title 11 of the United States Code in the United States Bankruptcy Court for the District of Arizona, according to the company’s latest 8K filing with the Securities and Exchange Commission.

North America 225

North America Financing Nissan United States 225

Green Car Congress

DECEMBER 6, 2011

As part of its strategy of developing solutions to reduce CO 2 emissions, Valeo has acquired the Variable Torque Enhancement System (VTES) ( earlier post ) business of UK automotive technology development company Controlled Power Technologies (CPT). VTES will be integrated into Valeo’s Powertrain Systems Business Group with immediate effect.

Power 326

Power Powered Downsizing Electric 326

Green Car Congress

SEPTEMBER 27, 2012

At the 2012 Paris Motor Show, Volvo Car Corporation reported that it has sold out the first batch of the diesel-electric Volvo V60 Plug-in Hybrid ( earlier post ) before the car has reached the showrooms. The two companies financed the development project jointly. Fuel consumption is 1.8 seconds.

Volvo 225

Volvo Plug-in Plug Hybrid 225

Green Car Congress

JANUARY 31, 2012

is planning to enter into a global commercial bus partnership with Brazilian commercial bus body manufacturer San Marino Onibus e Implementos Ltda (Neobus) and will invest in the company. The two companies recently signed a non-binding agreement and negotiations are at an advanced stage. Another affiliate offers financing services.

San Marino 218

San Marino America Commercial Monaco 218

Green Car Congress

AUGUST 14, 2020

This includes leading test tracks, universities, automotive companies, and key economic anchors. During the feasibility analysis in Phase One, work will focus on technology testing and roadway design, and exploring different financing models with an aim toward determining project viability from both a technology and business perspective.

Michigan 221

Michigan Detroit Connect Connected 221

Baua Electric

MAY 5, 2023

Because it manages the ones pressures, the corporate stated it’s that specialize in making improvements to operations. Within the scale down time period, that comes with consolidating and restructuring its control and engineering purposes and dealing to re-price underperforming methods. billion to $1.5 billion to $1.4

Corporation 52

Corporation Ukraine Automobile Sale 52