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 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

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. When the automotive industry is fully electrified, there will be a nearly trillion-dollar battery industry, 25 times bigger than today.

Financing 243

Financing Carbon Li-ion Lithium Ion 243

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 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. leadership.

Industrial 285

Industrial Industry Manufacturer North America 285

Baua Electric

JUNE 12, 2024

Gensol Engineering has appointed Kuljit Singh Popli as an Independent Director (Non-Executive) and Ali Imran Naqvi as Executive Director. Popli is a Founder Director of Clime Finance Pvt. enhancing IREDA’s credibility and impact in the industry. enhancing IREDA’s credibility and impact in the industry.

Engine 52

Engine India Financing Solar 52

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

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 million to over $3,001.1 In 2022, more than 111.9

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Hydrogen Economy Global Market 473

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 1, 2020

Following regulatory approvals, the company was founded at the end of April. XL2 was founded by Audi and Capgemini to support the automotive industry in digital transformation tasks. The joint venture that focuses on consulting and technology services for cloud and SAP S/4HANA includes industry solutions such as SAP Leonardo.

Audi 186

Audi Auto Industry Industrial Industry 186

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 64

Engine Environment Industrial Industry 64

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 17, 2021

has awarded an engineering services contract to Worley for the Aemetis “Carbon Zero” renewable jet and diesel plant in Riverbank, California. The renewable jet and diesel produced at the Riverbank plant will supply the aviation and trucking industries with low carbon, low emission, renewable fuel. Aemetis, Inc.

Renewable 186

Renewable Diesel Engine Production 186

Green Car Congress

FEBRUARY 18, 2021

This will be the first volume production of fuel cells in Norway and a hub for the Norwegian hydrogen industry. 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. The company is assessing potential locations.

Norway 468

Norway Hydrogen Fuel Building 468

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

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.

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Porsche Companies Cars MPH 279

Green Car Congress

MARCH 26, 2013

Global Bioenergies, an industrial biology company that develops sustainable routes to light olefins, announced a new €740,000 (US$952,000) financing from OSEO , a French SME-funding state agency, to support the creation of an isobutene production strain compatible with industrial pilot testing. Earlier post.).

Industrial 218

Industrial Industry Global Financing 218

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. The renewable jet and diesel produced at the Riverbank plant will supply the aviation and trucking industries with low carbon, low emission, renewable fuel. Earlier post.)

Renewable 186

Renewable Carbon Diesel Engine 186

Green Car Congress

AUGUST 16, 2023

million Series A financing led by bp ventures, with additional investors including Clean Energy Ventures, Mitsubishi Heavy Industries, and GVP Climate. The new capital will help catalyze Advanced Ionics’ growth and facilitate the initial deployment of its water vapor electrolyzer technology for heavy industry.

Water 195

Water Hydrogen Green Mitsubishi 195

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

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

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

FEBRUARY 23, 2022

Cummins has entered into a definitive agreement to acquire Meritor, a global leader of drivetrain, mobility, braking, aftermarket and electric powertrain solutions for commercial vehicle and industrial markets. Meritor is an industry leader in axle and brake technology. Under the terms of the agreement, Cummins will pay $36.50

Climate Change 429

Climate Change Commercial Financing Global 429

Cars That Think

AUGUST 27, 2022

But it was true what semiconductor engineers in South Korea whispered about his former students: They were everywhere. Starting in the mid-1980s, as chip manufacturing in the country accelerated, engineers who had studied under Kim at. Since then, he has been revered in the South Korean media as the industry’s “godfather.”

South Korea 102

South Korea Industrial Industry Universal 102

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

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

NOVEMBER 17, 2014

Audi partner Global Bioenergies (GBE) has successfully carried out its first isobutene production trial at its industrial pilot site in Pomacle-Bazancourt. A production run was initiated on 3 November, resulting in the first production of isobutene—a gaseous hydrocarbon—by fermentation in an industrial environment.

Global 218

Global Industrial Industry Production 218

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

Cars That Think

JUNE 26, 2023

Landing a job in the video-game industry is a dream for many young engineers, but for Sushama Chakraverty , it was a happy accident. Back in 2001, she spotted a poster on her professor’s door advertising for an internship, and she applied without knowing the company she’d be working for. Every day was different,” she says.

Engine 72

Engine Baltimore 2001 Maryland 72

Green Car Congress

DECEMBER 19, 2022

million) in another financing round. The proceeds of the investment round will accelerate the company’s growth and support the scaling and commercialization of Synhelion’s solar fuels technology. Industrial reforming technology is paired with key innovations of Synhelion to enable the energy-efficient production of solar fuels.

Solar 210

Solar Fuel Production Carbon 210

Teslarati

FEBRUARY 26, 2024

company’s role in helping popularize and educate the public about electric vehicles (EVs). In an interview between Yahoo Finance and BYD Executive Vice President Stella Li on Monday, Li told the publication she thought the global EV market couldn’t have come to exist the way it does without Tesla.

BYD 113

BYD Tesla Financing Chinese 113

Green Car Congress

OCTOBER 5, 2022

This green hydrogen can be used as fuel for fuel cells and hydrogen engines, to produce industrial feedstock and to produce sustainable e-fuels for marine, aviation, agriculture, mining and data center power. With more than 4.2

Power 186

Power Powered Hydrogen South America 186

Green Car Congress

JUNE 30, 2022

billion based on visibility from export credit agencies, multilateral development finance institutions and commercial banking partners, exceeding management’s leverage target for the $1.7 Groundworks at the site are well advanced and the company has recently started casting foundation structures.

Norway 150

Norway Batteries Battery Financing 150

Green Car Congress

JANUARY 25, 2012

Canada-based biomass-to-gasoline company CORE BioFuel Inc. Osprey Capital will secure equity investment capital to fund the completion of construction engineering for CORE’s first wood-to-Green Gasoline plant to be built in Canada. earlier post ) has signed an exclusive agreement with Osprey Capital Partners Inc.,

Gasoline 170

Gasoline Green Engine Companies 170

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. Hyundai fuel cell bus. In September 2019, Hyundai and Cummins Inc.

Hyundai 377

Hyundai Hydrogen Motor Motors 377

Green Car Congress

JULY 16, 2014

BT has developed and manufactures a new class of bio-based synthetic oils called estolides that are used primarily in the passenger car motor oil and industrial lubricant sectors. BP Ventures as well as Monsanto Company have already invested in previous financing rounds.

Companies 210

Companies Oil Mariner Asia 210

Green Car Congress

SEPTEMBER 29, 2021

Starting out from traditional valve train systems for internal combustion engines, around ten years ago we started developing and industrializing new products for electric powertrains. We are now continuing our transformation with new products beyond the internal combustion engine. Rotor shaft production.

International 221

International Auto Industry Manufacturer Engine 221