Green Car Congress

JUNE 18, 2021

ClearFlame Engine Technologies , a growing startup dedicated to the development of clean engine technology ( earlier post ), secured $2.5 million in additional financing from several investors, including the Iowa, Minnesota, Kansas and Illinois Corn Growers Associations. In fact, it increases power by 25%.

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Diesel Engine Fuel Iowa 321

Green Car Congress

FEBRUARY 22, 2021

million in a Series B financing round, led by WRVI Capital, a prominent global technology investor. The proceeds will help Recogni bring its perception platform to market and expand its engineering and go-to-market teams. Recogni Inc., the developers of an AI vision cognition system for autonomous vehicles, raised $48.9

Companies 230

Companies Financing BMW 2019 230

Green Car Congress

FEBRUARY 10, 2022

ClearFlame Engine Technologies, a a startup developing net-zero engine technology ( earlier post ), successfully completed an on-road demonstration of its proprietary technology that enables a heavy-duty truck diesel engine to operate on low-carbon and carbon-negative fuels, including 100% renewable plant-based fuels.

Engine 334

Engine Diesel Exhaust Fuel 334

Green Car Congress

AUGUST 26, 2022

Mexico has formed a state-run company called Litio para Mexico (LitioMx) to mine the country’s lithium. President Andres Manuel Lopez Obrador made the announcement in a decree issued in the DOF (Diario Oficial de la Federación). Litio para Mexico will begin operations within the next six months.

Mexico 284

Mexico Companies Bolivia Congo 284

Green Car Congress

OCTOBER 7, 2021

The BMW investment was part of Lilac’s just-closed US$150-million Series B financing. New investors in the round in addition to BMW include SK Materials, Presidio Ventures (a Sumitomo Corporation Group Company), MCJ Collective, and Earthshot Ventures.

BMW 236

BMW Companies Financing Standards 236

Green Car Congress

NOVEMBER 25, 2019

Group14 Technologies announced $18 million in new financing from Amperex Technologies Limited (ATL), Showa Denko (SDK), Cabot Corporation, BASF Venture Capital, and OVP Venture Partners. Group14 Technologies will be one of the companies that helps to make electric vehicles widespread and ubiquitous.

Financing 243

Financing Carbon Li-ion Lithium Ion 243

Green Car Congress

JULY 12, 2023

A power generator demo unit genset, relying on a first use of FuelAdaptive engine technologies patented by ClearFlame Engine Technologies, has successfully progressed through phase one trials. The pilot demo marked the first ever genset demonstration for our company. Performed at the Battery Innovation Center in Newberry, Ind.,

Illinois 370

Illinois EPRI Clean Cleaning 370

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

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

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

Teslarati

MARCH 17, 2022

The Boring Company (TBC) started negotiations with the Alamo Regional Mobility Authority (RMA) after board members voted to conduct a feasibility study into the project. The Boring Company was one of two finalists for the San Antonio transportation project. Both companies presented their proposals to the Alamo RMA.

San Antonio 145

San Antonio Las Vegas Texas Companies 145

Green Car Congress

APRIL 8, 2022

This includes funding projects such as pilot and demo plants, engineering studies, financing construction and operating SAF plants. United has pursued strategic investments in SAF producers and technologies including carbon capture, hydrogen-electric engines, electric regional aircraft, and urban air mobility.

CO2 259

CO2 Houston Companies Climate Change 259

Green Car Congress

DECEMBER 15, 2022

Group14 Technologies, a global manufacturer and supplier of advanced silicon battery technology, raised $214 million in additional financing from a consortium including Microsoft’s Climate Innovation Fund, Lightrock Climate Impact Fund, Moore Strategic Ventures, Oman Investment Authority, and Molicel.

Lithium Ion 150

Lithium Ion Oman Batteries Battery 150

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

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 58

Engine Environment Industrial Industry 58

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

FEBRUARY 22, 2023

Hydrogen development, given its application across various industries, is indispensable to attaining energy transition, meeting decarbonization goals, and positioning leading companies as market experts. On the other hand, venture finance deal values also grew from $595.23 Last year, mergers and acquisitions (M&A) deals reached $24.4

Hydrogen 473

Hydrogen Global Economy Market 473

Green Car Congress

MARCH 29, 2017

Westinghouse Electric Company and certain of its subsidiaries and affiliates, filed voluntary petitions under Chapter 11 of the US Bankruptcy Code. The company is seeking to undertake a strategic restructuring as a result of certain financial and construction challenges in its US AP1000 power plant projects.

Financing 150

Financing New York City New York Africa 150

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

JUNE 17, 2021

has awarded an engineering services contract to Worley for the Aemetis “Carbon Zero” renewable jet and diesel plant in Riverbank, California. Worley is providing engineering to implement the Axens North America renewable jet and diesel technology at the Riverbank site. Aemetis, Inc. —Eric McAfee, Chairman and CEO of Aemetis.

Renewable 186

Renewable Diesel Engine Production 186

Green Car Congress

JANUARY 20, 2021

Volta, a builder of commerce-centric electric vehicle (EV) charging networks, announced an oversubscribed Series D financing of $125 million. Goldman Sachs acted as exclusive placement agent to the company in connection with the financing. It will also allow Volta to begin its international expansion.

Charging 417

Charging Financing Store Porsche 417

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 9, 2022

As part of the agreement the partners will offer aircraft leasing and financing solutions that enable operators to run zero-emission flights. MONTE and ZeroAvia aim to retrofit the aircraft for clients starting in 2024 and will provide and finance maintenance and hydrogen availability services to support these operations.

Hydrogen 370

Hydrogen Emissions Financing USA 370

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

JUNE 21, 2018

Porsche AG has taken a 10% stake in the technology and electric sports car company Rimac Automobili. As part of its electrification efforts, Porsche is seeking a development partnership with the young company. Rimac also engineers and manufactures high-performance electric vehicle powertrain systems and battery systems.

Porsche 279

Porsche Companies Cars MPH 279

Green Car Congress

JUNE 21, 2021

Aemetis awarded an engineering services contract to Worley for the Aemetis ‘Carbon Zero’ renewable jet and diesel plant in Riverbank, California. Worley is providing engineering to implement the Axens North America renewable jet and diesel technology at the Riverbank site. Earlier post.) —Eric McAfee, Chairman and CEO of Aemetis.

Renewable 186

Renewable Carbon Diesel Engine 186

Green Car Congress

APRIL 11, 2018

Tenneco also announced its intention to separate the combined businesses into two independent, publicly traded companies through a tax-free spin-off to shareholders that will establish an aftermarket & ride performance company and a powertrain technology company. Powertrain Technology Company. Summary Terms of Agreement.

Companies 186

Companies 2019 Fuel Economy Clean 186

Cars That Think

JULY 11, 2022

Cruise , the San-Francisco–based designer and operator of all-electric self-driving cars, employs nearly 2,000 engineers, including somewhere between 300 and 900 engineers with Ph.D. Here’s what Mohamed Elshenawy , Cruise’s executive vice president of engineering, told IEEE Spectrum about the company’s workforce.

Engine 98

Engine Vehicles San Francisco Financing 98

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

APRIL 1, 2015

million) loan from a consortium of four French banks—BNP Paribas, Société Genéralé, CIC and Bpifrance—to complete the financing of its demo plant. This new financing will cover the purchase of a complete fermentation unit, comprising an inoculation fermenter, a propagation fermenter, and a 5,000L production fermenter.

Financing 150

Financing Global Installation 2008 150

Teslarati

APRIL 20, 2022

The Boring Company (TBC) announced that it raised $675 million in a Series C funding round led by Vy Capital and Sequoia Capital, with participation from Valor Equity Partners, Founders Fund, 8VC, Craft Ventures, and DFJ Growth. The financing values The Boring Company at $5.675 billion.

Las Vegas 114

Las Vegas Companies San Antonio Production 114

Green Car Congress

JUNE 1, 2018

In-wheel electric drive company Protean Electric announced the completion of a $40-million equity investment as the initial closing of its Series E funding round. The Series E financing proceeds will support Protean’s on-going business activities and help to establish a global licensing model covering all key markets.

Companies 170

Companies United Kingdom Electric Electrical 170

Green Car Congress

OCTOBER 31, 2013

Fairbanks Morse Model 38 opposed-piston engine. The leading manufacturer of opposed-piston engines, Fairbanks Morse Engine (FME), an EnPro Industries company, has signed a joint development and licensing agreement with Achates Power, Inc., Click to enlarge.

Engine 218

Engine Power Powered Colombia 218

Green Car Congress

JULY 1, 2021

Ultracapacitor developer and manufacturer Skeleton Technologies closed a further €29 million in its Series D financing. The total financing in Round D now amounts to €70.4 From its foundation in 2009, Skeleton has grown from 4 to close to 200 people working for the company.

Estonia 186

Estonia Financing 2009 Germany 186

Green Car Congress

MAY 5, 2016

million in Pivotal, a cloud-based software platform company with which it already has partnered ( earlier post ) on FordPass ( earlier post ), to further enhance its software development capabilities. million investment in Pivotal to help drive Ford’s transition to both an auto and a mobility company. Ford is investing $182.2

Ford 150

Ford F-150 Companies Connect 150

Green Car Congress

AUGUST 1, 2019

the designers of a vision-oriented artificial intelligence platform for autonomous vehicles, announced $25 million in Series A financing led by GreatPoint Ventures with participation from Toyota AI Ventures, BMW i Ventures, Faurecia, Fluxunit (VC arm of lighting and photonics company OSRAM), and DNS Capital. Recogni Inc. ,

BMW 150

BMW San Jose Companies Toyota 150

Green Car Congress

JANUARY 11, 2021

announced that commercial development work has commenced for the first phase of key design and engineering of next-generation vanadium redox flow-battery systems (VRFB Battery) for marine propulsion applications. VanadiumCorp Resource Inc. Champagne.

Mariner 428

Mariner Batteries Battery Netherlands 428