Green Car Congress

OCTOBER 1, 2020

XL Fleet and Pivotal Investment Corporation II, a publicly traded special purpose acquisition company (SPAC), have recently entered into a definitive merger agreement. SPACs, which raise money through an IPO for the purpose of acquiring an existing company, have existed for decades, but have surged recently.

Fleet 448

Fleet Corporation All-Electric Isuzu 448

Green Car Congress

AUGUST 4, 2022

Further to the announcement of its strategic partnership with and investment from SKC on 26 January 2022, Nexeon, a leading battery materials developer and manufacturer has completed the second close of its fundraise resulting in a total investment of US$170 million.

Manufacturer 199

Manufacturer Lithium Ion Recharge Supplies 199

Green Car Congress

FEBRUARY 25, 2021

Companies to retain independent corporate structures. The two will also have the opportunity to explore capital market options. The collaboration will be overseen by a new governance model, supported by Geely Holding, the lead shareholder in both companies.

Volvo 320

Volvo Auto Companies Cars 320

Green Car Congress

DECEMBER 11, 2022

Nucor Corporation, a North American manufacturer of steel and steel products, has made an equity investment in Electra , a Colorado-based start-up developing a process to produce carbon-free iron that can be used to make steel. —Leon Topalian, Chair, President and Chief Executive Officer of Nucor Corporation.

Carbon 293

Carbon Companies Colorado Coal 293

Green Car Congress

NOVEMBER 23, 2021

As the letter notes, such standards will be critical to accelerate a rapid transition to electric vehicles, and will be particularly important for companies that operate large fleets. Corporate EV Alliance members represent a wide variety of industries and operate under diverse use cases. — Corporate EV Alliance letter.

Corporation 199

Corporation Standards Fleet Charging 199

Green Car Congress

JANUARY 27, 2022

Through this transaction, Nexeon enters into a strategic partnership with SKC, a major global battery and semiconductor materials company, for volume manufacturing of its silicon anode materials. In addition, SKC plans to provide differentiated solutions to customers by maximizing synergy with SK nexilis, a manufacturer of copper foil.

Companies 186

Companies Lithium Ion North America Asia 186

Green Car Congress

SEPTEMBER 4, 2020

QuantumScape Corporation, a developer of next generation solid-state lithium-metal batteries for use in electric vehicles, and Kensington Capital Acquisition Corp., a special purpose acquisition company (SPAC), announced a definitive agreement for a business combination that would result in QuantumScape becoming a publicly listed company.

Companies 468

Companies Batteries Battery 2012 468

Green Car Congress

JANUARY 24, 2023

TAE Technologies , the world’s largest private fusion energy company, has spun-out a new subsidiary, TAE Power Solutions. The local grid near the company’s headquarters in Southern California provides 2 MW of power, while its fifth-generation fusion research reactor, Norman, operates at up to 750 MW. Background.

Fusion 250

Fusion Power Powered Companies 250

Green Car Congress

JUNE 22, 2023

and Mazda Motor Corporation agreed to enter into discussions on establishing a medium- to long-term partnership to meet demand for battery EVs and automotive batteries in a rapidly expanding market. Automotive cylindrical lithium-ion batteries manufactured by Panasonic Energy: 1865, 2170, 4680. Panasonic Energy Co.,

Mazda 365

Mazda Li-ion Lithium Ion North America 365

Green Car Congress

AUGUST 24, 2023

Japan-based Zeon Corporation, through its venture capital arm Zeon Ventures Inc., Mitra Chem is one of the select few companies in the United States aiming for the large-scale commercial production of LFP batteries, which it seeks to achieve using its proprietary machine learning platform to develop cathode materials for these batteries.

Corporation 150

Corporation Lithium Ion Low Cost Hydrogen 150

Green Car Congress

NOVEMBER 3, 2022

GS Yuasa will shift its focus from hybrids to enter the market for electric-vehicle batteries as early as next year, according to a report from the Nikkei. The manufacturer also plans to work with partners on EV batteries. The company also has made more than 1.4 The company also has made more than 1.4

Market 210

Market Batteries Battery Lead Acid 210

Green Car Congress

JANUARY 16, 2023

Hystar AS, a Norway-based electrolyzer company, announced a Series B funding round of US$26 million to support the scale-up to full commercial operations with an automated GW-capacity production line by 2025. The round was co-led by AP Ventures and Mitsubishi Corporation.

Commercial 259

Commercial Companies Norway Hydrogen 259

Green Car Congress

FEBRUARY 4, 2021

Daimler plans a fundamental change in its structure, splitting into two independent pure-play companies: Mercedes-Benz Cars & Vans, and Daimler Truck, which will be a spin-off the current Truck and Bus business. It represents the start of a profound reshaping of the company. This is a historic moment for Daimler.

Companies 497

Companies Mercedes Cars North America 497

Green Car Congress

JULY 1, 2021

The new fund will invest in early to mid-stage start-ups operating in the sustainability, transportation, manufacturing, and supply chain industries. Of the investments made in Fund I, BMW i Ventures has enabled seven companies to go public so far. BMW i Ventures was established as an independent venture capital firm in 2016.

Sustainable Transportation 294

Sustainable Transportation BMW Manufacturer Transportation 294

Green Car Congress

APRIL 6, 2020

Enovix Corporation has secured $45 million in new funds to produce and commercialize its 3D Silicon Lithium-ion Battery. Rodgers and York Capital), and non-dilutive funding from market-leading customers. Enovix has also signed new agreements with two additional portable electronics companies.

Lithium Ion 416

Lithium Ion Market Automobile Manufacturer Batteries 416

Green Car Congress

JANUARY 6, 2021

Lightning eMotors, a leading provider of commercial electric vehicles for fleets, announced a $45-million order for its zero-emission powertrain systems from Faribault, Minnesota-based motorcoach supplier ABC Companies. —Roman Cornell, president and chief commercial officer of ABC Companies. —Roman Cornell.

All-Electric 395

All-Electric Companies Electric Electrical 395

Green Car Congress

JULY 20, 2022

ENEOS Corporation, Suzuki Motor Corporation, Subaru Corporation, Daihatsu Motor Co. Toyota Motor Corporation , and Toyota Tsusho Corporation established the Research Association of Biomass Innovation for Next Generation Automobile Fuels (Research Association) to study ways to optimize the process of producing fuel.

Automobile 243

Automobile Japan Fuel Companies 243

Green Car Congress

JANUARY 8, 2023

BYD and Uzavtosanoat JSC (UzAuto) signed an agreement to establish a joint venture company producing new energy vehicles (NEVs). The new joint venture company, which will manufacture best-selling NEVs including the DM-i super hybrid models and related parts, is anticipated to be based in Uzbekistan.

Uzbekistan 458

Uzbekistan BYD Azerbaijan Production 458

Green Car Congress

JUNE 23, 2022

Going forward, the two companies will explore technical collaboration to develop a pure hydrogen fuel cell system, which will be equipped with Toshiba ESS’ hydrogen fuel cells, for marine applications suitable for long time continuous operation.

Mariner 210

Mariner Market Fuel Sweden 210

Green Car Congress

JULY 15, 2023

Nikola Corporation, based in the United States, will serve as the pilot customer with its Class 8 hydrogen fuel cell electric truck, which is scheduled to enter the North American market in the third quarter of 2023. Manufacturing the Fuel Cell Power Module in the Feuerbach plant.

South Carolina 341

South Carolina Fuel Power Powered 341

Green Car Congress

NOVEMBER 7, 2019

BYD Company Ltd. and Toyota Motor Corporation signed an agreement to establish a joint company to research and development for battery-electric vehicles (BEVs). Additionally, BYD and Toyota plan to staff the new company by transferring engineers and the jobs currently involved in related R&D from their respective companies.

BYD 283

BYD Toyota Electric Vehicles Companies 283

Green Car Congress

SEPTEMBER 20, 2020

Mitsubishi Motors Corporation (MMC) released a first look at the redesigned Mitsubishi Eclipse Cross, the next step in the company’s commitment to delivering a showroom full of new and extensively redesigned vehicles in the United States by the second quarter of 2021. The Eclipse Cross will be the second Mitsubishi PHEV on the market.

PHEV 418

PHEV Mitsubishi Market United States 418

Green Car Congress

MARCH 6, 2021

The technology can serve the fast-growing electrified vehicles and hydrogen transportation markets. 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. million ($48.5

Market 257

Market Lithium Ion Energy Storage Hydrogen 257

Green Car Congress

JANUARY 24, 2022

Hon Hai Technology Group (Foxconn), a global leader in smart manufacturing, signed a Memorandum of Understanding (MoU) with the Indonesian Ministry of Investment/BKPM, IBC, Indika, and Gogoro to develop jointly a battery manufacturing and electric vehicle ecosystem in Indonesia.

Indonesia 186

Indonesia Manufacturer Batteries Battery 186

Green Car Congress

AUGUST 16, 2023

ElectraMeccanica , a designer and assembler of electric vehicles, and Tevva , a manufacturer of electric medium- and heavy-duty commercial vehicles, have entered into a definitive agreement, pursuant to which ElectraMeccanica and Tevva have agreed to combine by way of a British Columbia statutory plan of arrangement.

Commercial 352

Commercial Europe Electric Electrical 352

Baua Electric

APRIL 23, 2024

The proceeds from the IPO are intended for use in meeting working capital requirements and expanding battery manufacturing capacity. Corporate Capital Ventures has been appointed as the sole Book Running Lead Manager for the IPO , with Skyline Financial Services Private Limited serving as the registrar. crore and a profit of INR 1.35

Manufacturer 52

Manufacturer Auto Lithium Ion Batteries 52

Green Car Congress

AUGUST 27, 2020

The project is designed to conduct research in advanced batteries and manufacturing in support of DOE’s Energy Storage Grand Challenge—a comprehensive strategy to create and sustain US global leadership in energy storage technology, utilization and exports. Earlier post.).

Corporation 199

Corporation Lithium Ion Batteries Battery 199

Green Car Congress

SEPTEMBER 5, 2022

Swiss marine power company WinGD and Korean engine builder HSD Engine have initiated a Joint Development Project (JDP) to advance the development of WinGD’s methanol-fueled big-bore engines. Sulzer started diesel engine manufacturing in 1903 in Winterthur. The Swiss company, Wärtsilä Switzerland Ltd.,

Engine 370

Engine Fuel Mariner Diesel 370

Green Car Congress

SEPTEMBER 8, 2020

Nikola Corporation and General Motors Co. General Motors will engineer, homologate, validate and manufacture the Nikola Badger battery electric and fuel cell versions. Nikola is one of the most innovative companies in the world. General Motors is one of the top engineering and manufacturing companies in the world.

GM 243

GM Manufacturer General Motors Engine 243

Green Car Congress

JANUARY 16, 2023

The joint investment will pave the way for Hanwha to lead the rapidly-growing energy storage market and future Urban Air Mobility business. The two companies signed a memorandum of understanding in Seoul for comprehensive battery business cooperation for ESS (energy storage systems) and other clean-tech energy solutions.

Building 199

Building Energy Batteries Battery 199

Green Car Congress

DECEMBER 1, 2021

has entered into an agreement with Sion Power Corporation ( earlier post ), a leading developer of high-energy rechargeable battery technology, to design and to supply battery cells based on their proprietary lithium-metal technology for commercial vehicle applications. Cummins Inc.

Power 316

Power Powered Companies Batteries 316

Teslarati

MARCH 14, 2024

Panasonic Corporation is boosting its Heating and ventilation A/C Business through a business alliance with tado°, a German energy control solution company. Through their alliance, the two companies will also aid each other in proposals and sales of their products and services.

Companies 74

Companies Water Corporation Energy 74

Green Car Congress

OCTOBER 4, 2016

Toyota Motor Corporation and its fully owned subsidiary Daihatsu Motor plan to establish an internal company that will be responsible for compact vehicles for emerging markets, from product planning to production preparation. Toyota and Daihatsu will work toward establishing the internal company in January 2017.

International 199

International Toyota Companies Market 199

Electric Vehicles India

JULY 27, 2021

Anand Group partners Mando Corporation to develop EV components . Anand Group an Auto component maker has partnered with South Korea’s Mando Corporation to cater to the growth of the electric vehicles segment in India. Anand Group partners South Korea’s Mando Corporation.

Corporation 105

Corporation South Korea India Electric Vehicles 105

Green Car Congress

DECEMBER 15, 2016

Toyota Motor Corporation and its fully owned subsidiary Daihatsu Motor intend to officially establish their internal company responsible for compact vehicles for emerging markets (announced on 4 October 2016) on 1 January 2017. The new internal company is to be called the “Emerging-market Compact Car Company”.

Toyota 150

Toyota Market Companies Cars 150

Green Car Congress

AUGUST 27, 2022

Roughly 30% of an EV’s costs come from its battery, and Anaphite’s technology can reduce battery manufacturing costs by over 10%. The company’s technology also improves battery capacity and charge rates, potentially reducing charging time by 50%. Prior to this, he was a Corporate Strategy Director at Johnson Matthey.

Batteries 284

Batteries Battery Li-ion Companies 284

Green Car Congress

JANUARY 10, 2014

Green Automotive Company has (GAC) acquired 21.63% of Viridian Motor Corporation (VMC), a US-based electric truck manufacturer. Viridian Motor Corporation (VMC) is building fully electric, light-duty trucks using its own electric drive train and battery packs.

Manufacturer 218

Manufacturer Green Motor Motors 218