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

FEBRUARY 6, 2018

In addition to new investors BlackRock and Sinobioway, existing investors also participated in this financing. The EPA has established that cellulosic biofuels reduce greenhouse gas emissions by at least 60% when compared to gasoline. Sinobioway is a leading Chinese company engaged in the bio-economy. Canada-based Enerkem Inc.,

Waste 199

Waste Financing Companies Canada 199

Green Car Congress

DECEMBER 10, 2022

The company will invest €60 million in the construction of its first production facility, called “Plant One”, of which €30 million comes from a European Investment Bank (EIB) loan facility. The rest of the financing comes from LeydenJar’s client projects, earlier committed grants and the Series A investment round in 2021. greenSPEED.

Companies 231

Companies Li-ion Financing Luxembourg 231

Baua Electric

MAY 7, 2024

This transaction not only marks the first Project Finance by a Japanese bank in the Electric Mobility domain in India but is also SMBC’s first Project Finance transaction in E-Mobility in Asia Pacific, the press release noted. The project is expected to reduce approximately 2.35

Financing 52

Financing Corporation Green Asia 52

Green Car Congress

MARCH 14, 2021

recently closed initial private placement equity financing for total gross proceeds of approximately US$42 million. SEA Electric currently partners with commercial vehicle OEMs, dealers, operators and upfitters to deliver a new range of zero-emissions trucks and is on schedule to deliver more than 1,000 electric commercial vehicles this year.

Commercial 259

Commercial Companies Los Angeles Vehicles 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

SEPTEMBER 24, 2022

GM Ventures, the automaker’s investment arm, has made a strategic investment in Lithion Recycling’s Series A financing round, supporting a new GM-Lithion strategic partnership agreement to pursue a circular battery ecosystem using Lithion’s advanced battery recycling technology.

GM 218

GM Companies Batteries Battery 218

Green Car Congress

NOVEMBER 4, 2021

In addition, the company estimates farms can save 55-75% on fuel costs by going electric, and up to 90% by supplying stored power to irrigation pumps and to the grid. And considering the emissions generated by one tractor, we believe it is critical to help farmers adopt this technology faster and more seamlessly.

Fleet 333

Fleet Emissions Grid Power Grid 333

Green Car Congress

JUNE 3, 2020

The technology group Wärtsilä has joined a consortium of key partners to form Zero Emission Services B.V. Within the Netherlands transport sector, inland navigation accounts for 5% of carbon dioxide emissions. To make it easier for barge operators to sign-on to the concept, a ‘pay-per-use’ financing model has been developed.

Concept 357

Concept Emissions 2000 Hydrogen 357

Green Car Congress

AUGUST 3, 2014

FuelCell Energy intends to use the net proceeds from the offering for project development, project finance, working capital support and general corporate purposes. The company’s project finance subsidiaries may draw on the facility to finance the construction of projects through the commercial operating date (COD) of the power plants.

Financing 244

Financing Energy Companies Carbon 244

Green Car Congress

MARCH 31, 2020

Via , a company that provides digital infrastructure to power public mobility in cities around the world ( earlier post ), has raised a Series E financing led by EXOR. The financing values the company at $2.25 EXOR is one of Europe’s largest diversified holding companies controlled by the Agnelli family.

Companies 243

Companies Malta New York City Financing 243

Green Car Congress

OCTOBER 15, 2021

The company anticipates entry into commercial service in 2025 with a certified retrofit conversion kit for existing ATR 72 and De Havilland Canada Dash-8 regional airliners and a green hydrogen fuel services offering. Full-scale prototype of Universal Hydrogen's gaseous hydrogen module, with one capsule removed.

Hydrogen 397

Hydrogen Universal Financing Los Angeles 397

Teslarati

DECEMBER 7, 2021

Lucid Group ( NASDAQ: LCID ) has announced that it has selected Bank of America as its preferred lending partner, giving customers the opportunity to apply for financing services for a seamless and stress-free experience. This financing solution was developed for Lucid to make it easier for customers to finance electric vehicles.

Financing 124

Financing America Automobile Carbon 124

Green Car Congress

JULY 22, 2022

In its recently closed Series G-2 financing round, TAE secured $250 million from investors in the energy, technology, and engineering sectors to support the company’s mission to deliver a long-term solution to rapidly growing electricity demand while providing global energy independence and security.

Fusion 243

Fusion Companies Google Chevron 243

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.; Ammonia does not emit carbon dioxide during combustion and is considered a promising next-generation lower-emission fuel for energy-intensive thermal power plants and marine engines.

Australia 195

Australia Japan Supplies Emissions 195

Green Car Congress

JULY 1, 2023

has acquired the full and sole ownership of the German company resulting from the former joint venture Nikola Iveco Europe, now to be renamed as EVCO (Electric Vehicles COmpany). Iveco Group N.V.

Europe 395

Europe North America Financing America 395

Green Car Congress

APRIL 8, 2022

This includes funding projects such as pilot and demo plants, engineering studies, financing construction and operating SAF plants. Launched in 2021, UAV targets startups, upcoming technologies, and sustainability concepts that will complement United’s goal of net zero emissions by 2050 without relying on traditional carbon offsets.

CO2 259

CO2 Houston Companies Climate Change 259

Green Car Congress

OCTOBER 1, 2020

The proceeds of the bond will be used to fund the design, development and manufacturing of fully electric cars in line with the company’s recently established Green Finance Framework. As a first tangible step towards its 2040 vision the company aims to reduce its lifecycle carbon footprint per car by 40% between 2018 and 2025.

Volvo 514

Volvo Green Luxembourg Cars 514

Green Car Congress

JUNE 23, 2022

Energy company RWE and steel producer ArcelorMittal have signed a memorandum of understanding to work together to develop, build and operate offshore wind farms and hydrogen facilities that will supply the renewable energy and green hydrogen required to produce low-emissions steel in Germany.

Wind 195

Wind Hydrogen Emissions Building 195

Green Car Congress

JUNE 23, 2012

Mandated emission reduction programs require fleet owners to replace or retrofit vehicles by certain deadlines, such as the California Air Resource Board’s Truck and Bus Regulation which deadlines begin in 2012. More information on the financing program will soon be available at www.CARBcompliance.info.

Financing 218

Financing Diesel Clean Cleaning 218

Green Car Congress

JUNE 26, 2020

A group of leading shipping industry companies are taking the next step to develop new fuel types and technologies by launching the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping. The founding company partners behind this initiative are ABS, A.P. The Center expects to attract several more partner companies in the future.

Industrial 218

Industrial Industry Carbon Companies 218

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

JANUARY 10, 2019

FCA US has reached final settlements on civil, environmental and consumer claims with US federal and state agencies as well as private class actions to resolve differences over diesel emissions requirements. The estimated total cost of settlements is $0.8 billion, in line with financial charge taken for this purpose in third-quarter, 2018.

Cost Of 312

Cost Of Diesel Emissions San Francisco 312

Green Car Congress

FEBRUARY 17, 2023

has been awarded a public tender for the supply of 120 E-WAY full electric city buses for Autoguidovie Group, the largest Italian privately owned local public transport company. IVECO BUS is poised to produce low-to-zero emission buses in a new site soon to be inaugurated in Foggia, Italy. IVECO BUS, a brand of Iveco Group N.V.,

Italy 273

Italy Financing Personal Electric 273

Green Car Congress

MARCH 11, 2022

Moller - Maersk (Maersk) is entering strategic partnerships with six leading companies with the intent of sourcing at least 730,000 tonnes/year by end of 2025. The six companies are CIMC ENRIC, European Energy, Green Technology Bank, Orsted, Proman, and WasteFuel. To boost the global production capacity of green methanol, A.P.

Green 199

Green Companies Switzerland Denmark 199

Green Car Congress

DECEMBER 18, 2019

The global maritime transport industry has submitted a proposal to the UN IMO to form the world’s first collaborative shipping R&D program to help eliminate CO 2 emissions from international shipping. The proposal includes core funding from shipping companies across the world of about US$5 billion over a 10-year period.

Emissions 195

Emissions Mariner International Carbon 195

Green Car Congress

SEPTEMBER 21, 2019

California Governor Gavin Newsom signed two bills to strengthen emission standards for trucks, semis and other high-pollution vehicles. Truck emissions. SB 44 by Senator Nancy Skinner (D-Berkeley) requires CARB to create a comprehensive plan for reducing greenhouse gas emissions from medium- and heavy-duty vehicles.

Climate 191

Climate California Emissions Standards 191

Green Car Congress

FEBRUARY 18, 2021

We combine a best-in-class fuel cell solution with a long history of being a trusted engineering partner to leading companies in the global maritime industry. Fuel cell development is done in collaboration with Austrian engineering company AVL, the world’s largest independent company for development of powertrain systems.

Norway 468

Norway Hydrogen Fuel Building 468

Green Car Congress

JANUARY 21, 2023

In parallel, the company is starting to contract preferred suppliers for the plants, potential customers for hydrogen and CO 2 , and companies that can provide waste of suitable quantity and quality. FUREC receives funding from the EU Innovation Fund, which is 100% financed by the EU Emissions Trading System (ETS).

Waste 448

Waste Hydrogen Grant Netherlands 448

Green Car Congress

JUNE 2, 2022

The road transport sector could still reach net-zero emissions by 2050 through electrification, but urgent action would be required from policymakers and industry participants, according to research company BloombergNEF’s (BNEF) latest annual Long-Term Electric Vehicle Outlook (EVO).

Transportation 473

Transportation Emissions Fleet Economy 473

Teslarati

JANUARY 21, 2022

Autonomy, a company owned by vehicle subscription platform NextCar, has launched a new electric and zero-emissions vehicle subscription program with the Tesla Model 3. The company plans to expand rapidly, and California was its first choice due to the concentration of EVs in the market.

Fleet 145

Fleet Companies Tesla Prius 145

Green Car Congress

AUGUST 21, 2020

Oxy Low Carbon Ventures, LLC, a subsidiary of Occidental, and Rusheen Capital Management, a private equity firm, have formed a development company, 1PointFive, to finance and to deploy Carbon Engineering ’s large-scale Direct Air Capture (DAC) technology. Carbon Engineering’s DAC technology has four major elements.

Carbon 221

Carbon Companies Climate Tax Credit 221

Green Car Congress

JANUARY 11, 2022

In line with its strategy to become the global leader in carbon emission reduction technologies by 2024, Danish technology provider Haldor Topsoe has signed a €45-million loan agreement with the European Investment Bank (EIB) to support its R&D investments in that domain. —Roeland Baan, CEO of Haldor Topsoe.

Green 199

Green Energy Financing Hydrogen 199

Green Car Congress

MARCH 16, 2019

By concealing the emissions scheme, Volkswagen reaped hundreds of millions of dollars in benefit by issuing the securities at more attractive rates for the company, according to the complaint.

Emissions 191

Emissions Charging Chicago Personal 191

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.

Acura 218

Acura Honda Solar Financing 218

Green Car Congress

FEBRUARY 2, 2022

As previously announced, the partnership provides Uber drivers a discounted package for a Wallbox Pulsar Plus charger, installation and the option to finance the package. Additionally, the two companies are actively discussing a potential global roll-out program beginning in Europe and Canada. Phoenix, New York and Boston in February.

Portland 334

Portland Phoenix Alaska Seattle 334

Green Car Congress

JULY 29, 2014

Exelon Corporation will provide equity financing for 21 megawatts (MW) of Bloom Energy solid oxide fuel cell (SOFC) projects at 75 commercial facilities in California, Connecticut, New Jersey and New York. Terms of the transaction were not disclosed.

Financing 210

Financing District of Columbia Commercial Energy 210