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.

Industrial 285

Industrial Industry Manufacturer North America 285

Electric Vehicles India

JULY 20, 2021

for electric vehicle financing. Terra Motors a leading electric vehicles manufacturer in India has partnered with Pooja Finelease Ltd. India’s leading non-banking finance company for electric vehicle financing. FCC Corporation. Terra Motors partners Pooja Finelease Ltd.

Financing 101

Financing Electric Vehicles Motor Motors 101

Green Car Congress

JUNE 29, 2013

Canada-based waste-to-biofuels company Enerkem Inc. million) financing, which brings total equity investment raised by Enerkem in 2013 to C$87 million (US$82.7 recently closed a C$50-million (US$47.6-million) Enerkem’s technology platform is a 4-step thermochemical process that consists of: feedstock preparation. gasification.

Financing 210

Financing Waste Companies Canada 210

Green Car Congress

JULY 1, 2023

announced that, following the finalization of the definitive agreements with Nikola Corporation as per the terms sheet described on 9 May 2023, its subsidiary Iveco S.p.A. Iveco Group N.V.

Europe 395

Europe North America Financing America 395

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

Baua Electric

FEBRUARY 7, 2024

Credit rating agency Moody’s has upgraded South Korean automotive manufacturer Hyundai Motor Company’s corporate rating to A3 with a stable outlook, from a previous rating of Baa1, with a positive outlook.

Corporation 40

Corporation Hyundai India Financing 40

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

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.

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Financing Carbon Motor Motors 231

Green Car Congress

AUGUST 4, 2022

SK On has secured a total of US$2 billion as its investment resource for its European battery business with the aid of Euler Hermes, a trade credit insurance institution of Germany, Korea Trade Insurance Corporation, and the Export-Import Bank of Korea. The three agencies that took part in the financing are all export credit agencies (ECAs).

Europe 210

Europe Batteries Battery Financing 210

Electric Vehicles India

JANUARY 20, 2023

One of the top companies in the electric automobile market, Saera Electric Auto Private Limited (SEAPL), has agreed to finance vehicles through the non-banking financial corporation (NBFC), AMU Leasing Pvt. have partnered to provide vehicle financing. appeared first on Promoting Eco Friendly Travel.

Financing 52

Financing Auto Vehicles Electric 52

Green Car Congress

AUGUST 5, 2022

Virescent Ventures led the funding round on behalf of the Clean Energy Finance Corporation (CEFC) (Aus), with participation from Kiko Ventures (UK), IP Group Australia, Vestas Ventures (Denmark), Hostplus (Aus) and BlueScope (via its ventures arm BlueScopeX TM) (Aus). million AUD (US$30 million). Hoang, A.L., Tsekouras, G.

Commercial 307

Commercial Australia Hydrogen Denmark 307

Green Car Congress

MARCH 17, 2020

Toyota Motor Corporation and Toyota Financial Services Corporation launched a cross-Group virtual organization, Toyota Blockchain Lab, in April 2019. In this regard, Toyota Blockchain Lab will expand collaborations more with its various partner companies. and relationship-building with partner companies.

Toyota 286

Toyota Corporation Financing Connect 286

Green Car Congress

NOVEMBER 27, 2021

Cornish Lithium ( earlier post ), a mineral exploration and development company based in Cornwall, UK, secured an investment package of up to £18 million (US$24 million) from TechMet Limited, a leading technology metals investment company. In Cornwall, lithium is contained within mica minerals (zinnwaldite and lepidolite).

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Financing Water Li-ion Lithium Ion 419

Green Car Congress

JANUARY 14, 2023

If finalized, LPO’s loan to the Rhyolite Ridge project would finance the on-site processing of lithium carbonate that could potentially support production of lithium for approximately 370,000 EVs each year.

Nevada 199

Nevada Manufacturer Corporation Carbon 199

Baua Electric

JULY 13, 2023

6 billion from 800 million is important to its pivot to generating hydrogen gasoline mobile vehicles and development out HYLA, its hydrogen manufacturing and distribution community. Corporate executives mentioned it might additionally lift $500 million in the future via present credit score and mortgage guarantees.

Delaware 52

Delaware Financing Hydrogen Gasoline-Electric 52

Green Car Congress

MARCH 21, 2022

The technology, invented by scientists at the University of Wollongong, is now being commercialized by Hysata , with backing from IP Group and the Clean Energy Finance Corporation (CEFC). kWh/kg, compared to 75 percent or less for existing electrolyser technologies.

Hydrogen 396

Hydrogen Energy Water Renewable 396

Green Car Congress

MARCH 10, 2023

The latest investments were led by Mercuria Energy Group, one of the world's largest privately held energy and commodities companies, with Mercuria and Breakthrough Energy Ventures both making second investments. Its initial $3 million Series Seed Financing was also led by Clean Energy Ventures and completed in early 2020.

Engine 150

Engine Financing North America Clean 150

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

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

MARCH 6, 2021

Enabling carbon-neutral electrification is a key priority for Marubeni Corporation. The company has validated its competitive advantage in real-life applications and has shown strong commercial traction. —Masayuki Omoto, COO of Next Generation Business Development Division of Marubeni Corporation. million ($48.5

Market 257

Market Lithium Ion Energy Storage Hydrogen 257

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

DECEMBER 23, 2010

completed a financing for C$5 million (US$4.96 Each share purchase warrant is convertible into one common share of the corporation. This financing provides valuable working capital for future growth, including certain strategic initiatives. The increase in manufacturing capacity is important as. issued to the lender.

Financing 218

Financing Li-ion Energy Storage Lithium Ion 218

Green Car Congress

JANUARY 24, 2019

Safran acquired an equity interest in Li-Sulfur battery manufacturer OXIS Energy ( earlier post ) through its Safran Corporate Ventures subsidiary, which invests in disruptive technology businesses. Safran Corporate Ventures is participating in a £7-million (US$9.1-million) Source: OXIS Energy.

Lithium Sulfur 246

Lithium Sulfur Energy Batteries Battery 246

Green Car Congress

FEBRUARY 17, 2022

The latest Autotech & Mobility M&A Market Report from Hampleton Partners, the international M&A and corporate finance advisory firm for technology companies, shows that the appetite for Autotech & Mobility deals has remained consistent despite the impact of COVID disruption, the global semiconductor shortage and supply chain issues.

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Charging Market Financing Europe 273

Green Car Congress

JUNE 1, 2011

A subsidiary of Valero Energy Corporation will provide financing to Diamond Green Diesel LLC, a previously announced joint venture project between Darling International and Valero Energy Corporation ( earlier post ), for the construction of its renewable diesel facility in Norco, Louisiana. Darling International Inc.

Financing 186

Financing Renewable Diesel Louisiana 186

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

FEBRUARY 12, 2014

Haldor Topsøe A/S, a global market leader in catalysis and related process technologies, recently acquired 18% of the shares in sodium-ion battery technology company Faradion Ltd, based in Sheffield, UK. Other partners in the investment included Finance Yorkshire’s Seedcorn Fund and Rising Stars Growth Fund II LP.

Sodium 199

Sodium Li-ion Companies Batteries 199

Green Car Congress

DECEMBER 7, 2012

American Suzuki Motor Corporation (ASMC) has received court approval for Debtor-In-Possession (DIP) financing. As a result, the Company will be able to borrow up to $50 million for operations and up to $50 million for purchases of inventory from Suzuki Motor Corporation (SMC). Earlier post.)

Suzuki 218

Suzuki Financing Motor Motors 218

Green Car Congress

OCTOBER 21, 2021

Along with Allison, FAW Group Corporation of Changchun, Jilin, China, will also participate as a strategic investor in JJE’s IPO, according to the IPO announcement from the Shanghai Stock Exchange. Earlier post.). Earlier post.).

North America 186

North America China Michigan 2008 186

Green Car Congress

APRIL 1, 2010

an Ann Arbor-based developer of next-generation lithium-ion batteries ( earlier post ), has completed a $7-million Series B round of financing. The capital, from new investor Beringea and previous investor Khosla Ventures, will fund the company’s expansion of its Michigan-based research, development and manufacturing capabilities.

Financing 199

Financing Li-ion Michigan Lithium Ion 199

Green Car Congress

APRIL 30, 2014

Ambri, developer of Liquid Metal Battery grid-scale energy storage technology, closed a $35-million Series C equity financing. This latest funding round will enable Ambri to deliver commercial systems to customers, build its initial commercial-scale manufacturing plant, and continue technology development.

Companies 210

Companies Batteries Battery Massachusetts 210

Green Car Congress

AUGUST 31, 2022

FREYR Battery and Nidec Corporation finalized an expanded 38 GWh battery cell sales agreement from 2025 – 2030. Additionally, the companies have agreed to form a downstream joint venture in which Nidec will hold a super-majority to provide integrated industrial scale ESS solutions to customers globally.

Li-ion 150

Li-ion Supplies Norway Energy Storage 150

Green Car Congress

OCTOBER 30, 2022

trillion), and financing will be conducted by POSCO Argentina and a newly established domestic corporation. The 25,000t of lithium hydroxide produced is on the scale of 600,000 electronic vehicle units, and it will be supplied to POSCO Chemical and other Korean companies. The total amount of the investment is about $1.09

Argentina 150

Argentina Production Financing United States 150

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).

Lithium Ion 284

Lithium Ion Commercial Li-ion Batteries 284

Baua Electric

APRIL 17, 2024

Mining conglomerate Vedanta Ltd has secured an 11-year term loan of INR 3,918 crore from Power Finance Corporation Ltd ( PFC ), sources said. The latest financing follows Vedanta group’s takeover of Meenakshi Energy Ltd on December 28 in an NCLT-driven insolvency process.

Auto 52

Auto India Financing Coal 52

Green Car Congress

OCTOBER 20, 2022

billion to 21 projects to expand domestic manufacturing of batteries for electric vehicles (EVs) and the electrical grid and for materials and components currently imported from other countries. This US-owned and operated manufacturing plant in northern Alabama will be the first of its size in North America. Earlier post.) Of that, $1.6

Parts 459

Parts Batteries Battery Lithium Ion 459

Green Car Congress

MARCH 11, 2021

Through the initiative in Narvik, the company contributes to the Norwegian government’s ambition that Norway should build a complete value chain for the utilization of hydrogen as an energy carrier. TECO 2030 ASA is evaluating various financing alternatives for the new giga factory. —Tore Enger, CEO of TECO 2030 ASA. Narvik Bay.

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Norway Hydrogen Production Fuel 243