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).

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Europe Batteries Battery Financing 210

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.

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Motor Motors Motoring Fleet 321

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.

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Toyota Corporation Financing Connect 286

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. On 13 February ECD sold its majority owned subsidiary, Ovonic Battery Company, Inc. 51-year-old Energy Conversion Devices, Inc.

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Corporation Conversion Companies Sale 210

Baua Electric

MAY 5, 2023

Sellers are overwhelmingly unresponsive to on-line client inquiries matching to financing, bills or leasing, a thriller consumer find out about by way of DAS Era discovered. Simplest 2 % of dealerships contacted supplied any data when shoppers requested about those core finance-and-insurance subjects, in step with the promoting company.

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Financing Automobile Corporation Price 40

Green Car Congress

NOVEMBER 19, 2012

Volvo Car Corporation is now ramping up production of the new Volvo V60 Plug-in Hybrid. The assembly of the first commercial light-duty diesel plug-in hybrid has been successfully integrated on the same line as the company’s other models at the Torslanda plant in Gothenburg. Earlier post.)

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Corporation Volvo Plug-in 2014 236

Green Car Congress

OCTOBER 8, 2014

SolarCity and Honda have renewed their partnership with a new fund expected to finance $50 million in solar projects. The $50-million fund is a follow-up to a $65-million fund the companies created in 2013. The new commitment will make solar power more affordable and available to Honda and Acura customers and dealerships in the US.

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Acura Honda Solar Financing 218

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.

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Engine Financing North America Clean 150

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.

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Hyundai Hydrogen Motor Motors 377

Green Car Congress

APRIL 13, 2016

AD), Toyota Financial Services Corporation (TFS) and Toyota Motor Corporation (TMC) announced that their respective US subsidiaries established the jointly owned telematics car insurance services company Toyota Insurance Management Solutions USA, LLC (TIMS), on 1 April. Aioi Nissay Dowa Insurance Co.,

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Toyota Companies Cars Corporation 150

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.)

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Suzuki Financing Motor Motors 218

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.

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Australia Japan Supplies Emissions 195

The Truth About Cars

DECEMBER 20, 2023

Sacrificing much, GM spent billions and billions of 1980s dollars on technology and engineering entities at the behest of CEO Roger Smith, who wanted to transform The General into a company more resembling a conglomerate like GE. But behind the layers of finance and paperwork, Guidestar GPS was developed. No touch screen troubles here!

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Parts San Jose Rhode Island GM 95

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.

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Sodium Li-ion Companies Batteries 199

Green Car Congress

MARCH 2, 2017

Daimler AG is the lead investor in the first $82-million close of US-based charging solutions provider ChargePoint’s latest round of financing. The first close of Chargepoint’s round is the largest in the company’s history. The investment will support the expansion of the company’s charging network into Europe.

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Parts Charging North America Mercedes 150

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.

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Florida Miami Virginia Electric 170

Green Car Congress

OCTOBER 21, 2021

As part of JJE’s upcoming IPO at The Science and Technology Innovation (STAR) Board on the Shanghai Stock Exchange, Allison will make a strategic investment of 264 million CNY (approx. US$42 million). Earlier post.).

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North America China Michigan 2008 186

The Truth About Cars

APRIL 16, 2024

The move is scheduled for 2025, but the decision could leave a significant part of the Detroit skyline empty. GM CEO Mary Barra said the automaker would work with developers to find a use for the old buildings but also noted that the company was committed to the Detroit area, calling the new building a “new city landmark.”

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General Motors Detroit Motor Motors 91

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. LevelTen Energy , a renewable energy procurement platform, closed a $20.5-million Salesforce and Workday.

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Renewable Energy North America America 223

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.

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Chinese Companies Mercedes Motor 259

Green Car Congress

APRIL 2, 2022

Bosch and the Mitsubishi Corporation, with Blue Park Smart Energy (BPSE), are partnering to create Battery as a Service (BaaS) innovations. In the pilot project in China, Mitsubishi Corporation as commercialization partner and Bosch are working with BPSE. Around 15 million fleet vehicles are going to be electrified in China alone.

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Mitsubishi China Batteries Battery 150

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.

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Auto India Financing Coal 52

Green Car Congress

APRIL 6, 2021

The energy industry and many corporations broadly agree the hydrogen economy needs to build scale at speed to succeed and become a key part of the solution to building a net-zero global economy. The Fund will exclusively finance projects in the production, storage and distribution of clean hydrogen.

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Hydrogen Plug-in Clean Cleaning 170

Green Car Congress

SEPTEMBER 6, 2021

Parts are free of ice for only two months per year. Nornickel, the largest industrial company in the Russian Arctic, has unique expertise in operating the Northern Sea Route, a strategic transport artery of the global logistics system. The entire route lies in Arctic waters and within Russia’s exclusive economic zone (EEZ).

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Design Building Russia Fleet 195

Green Car Congress

JULY 25, 2019

Toyota Motor Corporation (Toyota) concluded an agreement with Didi Chuxing (DiDi) to expand collaboration in Mobility as a Service (MaaS) in China. As part of this agreement, Toyota will invest US$600 million in DiDi and a joint venture, which the two companies will establish with GAC Toyota Motor Co.,

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Toyota Vehicles Maintenance China 170

Teslarati

DECEMBER 7, 2022

billion were part of Musk’s initial financing package for Twitter. The idea is reportedly being pondered as a way to soften the burden of the $13 billion debt that Twitter took on amidst Musk’s $44 billion acquisition of the social media company. . Margin loan commitments backed by Tesla stock worth about $12.5

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Tesla Financing IDEA Conversion 98

Baua Electric

MARCH 29, 2024

Quiklyz, the leasing arm of Mahindra Finance expects the vehicle leasing market to grow at double the pace of car sales growth and cross the 1 lakh units mark in the coming three years. Corporations are increasingly preferring to lease vehicles over acquiring vehicles and put it on their balance sheet.

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Market Financing Tax Cars 40

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. You probably also will gain a general understanding of how your company and the business world work. Differences between the two tracks Broadly, the managerial track is similar across all companies.

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Engine Corporation Personal Companies 88

Green Car Congress

DECEMBER 17, 2018

24M , part of a team that received $3.5 24M , part of a team that received $3.5 The financing was led by advanced ceramics manufacturer Kyocera Group and leading global trading company, ITOCHU Corporation. —Koji Hasegawa, General Manager, Industrial Chemicals Department of ITOCHU Corporation.

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Lithium Ion Li-ion Batteries Battery 207

Baua Electric

MAY 2, 2023

The Openlane logo will lend as “both the parent company brand and the go-to-market brand” for the corporate’s virtual marketplaces within the U.S., The unit could also be anticipated to undertake the Openlane logo, the corporate mentioned. Canada and Europe, the scoop let go mentioned. Within the U.S.,

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International Dealers Canada Corporation 52

Baua Electric

JULY 14, 2023

Plans name for the use of the hidden cash raised within the spherical to proceed the commercialization procedure, amplify its footprint with dealership consumers and proceed product construction, the corporate stated. states; Southeast Toyota Finance, which supplies monetary services to Toyota sellers within the Southeast U.S.;

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Seattle Financing Toyota Lexus 52

Green Car Congress

JUNE 8, 2015

The NanoSteel Company recently expanded its additive manufacturing (AM) material capabilities to support metal 3D printing of complex high-hardness parts and the ability to customize properties layer-by-layer through gradient material design. GM Ventures also has a position in the company. Earlier post.) —Gerald A.

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Financing GM Corporation Industrial 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.

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Boston Li-ion China Lithium Ion 199

Green Car Congress

JANUARY 5, 2011

Qteros also announced that it has closed the initial tranche in its Series C financing. The completion of this $22M financing is expected to provide sufficient funding to accelerate its development and commercialization plans. India-based Praj Industries Limited and Qteros, Inc.,

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Financing Commercial Industrial Industry 170

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

Green Car Congress

MARCH 20, 2019

Hyundai Motor Group and India-based Ola—one of the world’s largest ride-hailing platforms— announced a strategic partnership under which Hyundai Motor Company and Kia Motors Corporation will make their biggest combined investment to date, as part the Group’s continued efforts to become a Smart Mobility Solutions Provider.

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Hyundai Motor Motors Motoring 186

Teslarati

APRIL 15, 2023

On Thursday, the company announced it was entering talks with investors to acquire more funding to continue to develop its first electric vehicle offering. Highlighted in Faraday Future’s most recent announcement, the delivery of its first vehicle is contingent on a couple of factors outside of corporate financing.

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Future Escape Financing United States 98