Green Car Congress

MAY 31, 2020

The COVID-19 pandemic has set in motion the largest drop in global energy investment in history, with spending expected to plunge in every major sector this year—from fossil fuels to renewables and efficiency—the International Energy Agency said in a new report. —Dr Fatih Birol, the IEA’s Executive Director.

Global 344

Global Energy Coal 2020 344

Green Car Congress

MAY 8, 2014

Pinnacle Engines also announced closure of its Series C financing, bringing total investment in the company to more than $30 million. John Parker: In his 41-year career at Ford Motor Company, John focused on emerging markets in Asia and Africa, living and working throughout the region before returning to his homeland of Australia.

Financing 291

Financing Engine Africa Asia 291

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). million sold in 2021 to 21 million in 2025.

Transportation 473

Transportation Emissions Fleet Economy 473

Green Car Congress

APRIL 7, 2014

IFC, a member of the World Bank Group, and the largest global development institution focused exclusively on the private sector, together with the Westly Group, a venture capital firm based in Menlo Park, California, led the financing.

China 240

China Companies Asia Financing 240

Green Car Congress

JUNE 8, 2018

Volvo Cars said that by the middle of the next decade, it expects to generate half of all sales annually from fully electric cars; one third of all cars sold to be autonomous driving cars and half of all cars it offers to customers from its subscription service. Volvo Cars achieved record profits and sales in 2017, with a 27.7%

Volvo 170

Volvo Sale Cars Financing 170

Green Car Congress

SEPTEMBER 27, 2012

Fisker Automotive has completed the initial closing of its current equity financing, representing in excess of $100 million of new funding. This initial closing will provide the company with funding for continued product development, market expansion and a new global marketing campaign for the Fisker Karma extended range electric vehicle.

Fisker 225

Fisker Financing Karma Extended Range 225

Baua Electric

MARCH 13, 2024

REUTERS) Volkswagen expects a slump in its car sales growth in 2024, amid a gloomy economic outlook and growing competition, reported Reuters. The German automobile giant expects its passenger vehicle sales in this year to grow just three per cent, sharply down from 2023. lakh units in 2023. It recently launched the Volkswagen ID.7

Global 52

Global Cars Mercedes Porsche 52

Green Car Congress

DECEMBER 22, 2016

Visedo, a Finnish manufacturer specializing in electric powertrains and components, has secured a financing package of €20 million (US$21 million) to support its international growth plans. The financing consists of an equity investment of €13.5 million, an EFSI loan of €5 million and €1.5 million in funding from other sources.

Companies 150

Companies Global DC Financing 150

Green Car Congress

MARCH 22, 2022

By locally integrating its combustion-engine (ICE) and electric vehicle (EV) assembly, American-focused engineering, battery know-how, and software development, Volkswagen aims to drive 55% of US sales to be fully-electric by 2030. The Group is currently assessing governance and finance models, and aims to finalize decisions through 2022.

North America 195

North America America Manufacturer San Jose 195

Green Car Congress

APRIL 27, 2022

TWAICE, a battery analytics company, has secured $30 million in additional Series B financing led by global investment firm Coatue. Current demand for high-performance battery technologies is driven by the acute need for reliable renewable energy storage and the move to all-electric line-ups by automotive manufacturers globally.

Batteries 195

Batteries Battery North America Chicago 195

Green Car Congress

NOVEMBER 2, 2010

Plug-in electric vehicles, including plug-in hybrids and battery electric vehicles, have the potential to make up 9% of US auto sales in 2020 and 22% in 2030 (1.6 million and 4 million vehicle sales respectively), according to research company Bloomberg New Energy Finance (BNEF). Last week, J.D. Earlier post.)

Financing 283

Financing Plug-in 2020 Plug 283

Green Car Congress

APRIL 18, 2020

IHS Markit is forecasting that global commercial vehicle production (GVW 4-8) volumes in 2020 compared to 2019 will be down 22% (more than 650,000 units) to 2.6 These forecasts are informed by the latest IHS Markit global economic forecast updates, which reflect a 3.0% decline in global real GDP in 2020.

2020 191

2020 Commercial Global Production 191

Green Car Congress

FEBRUARY 17, 2022

The latest Autotech & Mobility M&A Market Report from Hampleton Partners, the international M&A and corporate finance advisory firm for technology companies, shows that the appetite for Autotech & Mobility deals has remained consistent despite the impact of COVID disruption, the global semiconductor shortage and supply chain issues.

Charging 273

Charging Market Financing Europe 273

Green Car Congress

JANUARY 8, 2014

During 2014, the global plug-in electric vehicle (PEV) industry is poised to grow by 86% and will surpass more than 346,000 new vehicles sold, according to a new white paper—“ Electric Vehicles: 10 Predictions for 2014 ”—published by Navigant Research. More mainstream models will come from Kia, Mahindra, Škoda, and Volkswagen.

2014 346

2014 Global Sale Motorcycles 346

Green Car Congress

APRIL 2, 2021

Existing investors Breakthrough Energy Ventures, Ecosystem Integrity Fund, Summa Equity, Shell Ventures, and SYSTEMIQ also participated in the financing. The company previously completed its first electric flight in the US in 2019, then built the second flying prototype in the UK, and conducted its first electric flight in June of 2020.

Hydrogen 376

Hydrogen Commercial Electric Electrical 376

Teslarati

MAY 7, 2024

After electric vehicle (EV) maker Fisker halted production at its contract manufacturer’s plant in Austria, the company has now filed for reorganization and court protection in the country. comes as Fisker has warned of going bankrupt if it can’t find additional financing. What are your thoughts?

Austria 89

Austria Fisker Production Financing 89

Green Car Congress

JANUARY 6, 2021

WAVE complements our Medici Motor Works and Treeletrik businesses, and our investment in Solectrac, and is aligned with our MEG division’s Sales to Financing to Charging (S2F2C) model. Ideanomics is a global company focused on the convergence of financial services and industries experiencing technological disruption.

Charging 170

Charging Kenworth Financing Utah 170

Electric Vehicles India

DECEMBER 8, 2021

Electric vehicles sales in India increased in November 2021 . Electric vehicles sales in India is growing rapidly with the total registered EV sales of about 42,067 units. Electric vehicles sales are rapidly growing day by day, in the first half of 2021 the sales have increased by 26% with 2.6 Hero Electric.

India 77

India Electric Vehicles Sale Vehicles 77

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. Most recently, the establishment of Beijing Mercedes-Benz Sales Service Co.,

Chinese 259

Chinese Companies Mercedes Motor 259

Teslarati

FEBRUARY 6, 2023

Canoo ( NASDAQ: GOEV ) has announced that it will sell 50 million shares of its common stock to investment group Alliance Global Partners. Like many other EV startups, Canoo has consistently faced issues with financing. The post Canoo announces massive stock sale to fund production ramp appeared first on TESLARATI.

Production 98

Production Oklahoma Sale Oklahoma City 98

Green Car Congress

AUGUST 31, 2022

FREYR Battery and Nidec Corporation finalized an expanded 38 GWh battery cell sales agreement from 2025 – 2030. Additionally, the companies have agreed to form a downstream joint venture in which Nidec will hold a super-majority to provide integrated industrial scale ESS solutions to customers globally.

Li-ion 150

Li-ion Supplies Norway Energy Storage 150

Green Car Congress

SEPTEMBER 27, 2019

As part of the deal, MEG took over a previous order of 4,000 EV taxis from a third-party and helped facilitate the delivery of these taxis with the sales value of approximately US$50 million (RMB 356 million). The EV Taxis are supplied by Geely Auto Group and the financing for the vehicles was provided locally by Sichuan Tianfu Bank Co Ltd.

Taxi 191

Taxi Supplies Financing 2019 191

Teslarati

JANUARY 8, 2024

Tesla supplier Panasonic slashing domestic EV battery production Poliak also shared that Panasonic Automotive aims to nearly double its sales. Panasonic Automotive already formed relationships with companies in the industry, like Amazon and Fisker. If you have any tips, contact me at maria@teslarati.com or via X @Writer_01001101.

Auto Industry 110

Auto Industry Industrial Industry Auto 110

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. Sale of United Solar. Earlier post.)

Corporation 210

Corporation Conversion Companies Sale 210

Green Car Congress

OCTOBER 6, 2021

largest shipping and logistics company. DFDS has chosen a financing solution provided by Volvo Financial Services. Our target for 2030 is that half of our global truck deliveries will be electric. Volvo Trucks received an order for 100 Volvo FM Electric trucks from DFDS, Northern Europe’s?largest

Volvo 435

Volvo North America Electric Electrical 435

Green Car Congress

APRIL 21, 2022

The global push to convert the world to electric vehicles will cause supply chain complexities that could undermine the alternative energy transition in the United States, according to a new report from Rice University’s Baker Institute for Public Policy. Global Nickel Trade and Chinese Dominance.

China 416

China Energy Indonesia Power Grid 416

Green Car Congress

FEBRUARY 4, 2021

Although on paper, capacity in the pipeline appears sufficient to meet this demand growth, Roskill expects challenges and set-backs in developing, financing and commissioning lithium mining and refining operations. In 2019, rechargeable batteries accounted for 54% of total lithium demand, almost entirely from Li-ion battery technologies.

Industrial 337

Industrial Industry Lithium Ion Li-ion 337

Green Car Congress

MAY 27, 2010

Gevo, a privately held biobutanol and renewable hydrocarbons company, has closed a round of funding led by German specialty chemicals company LANXESS. In connection with this financing, Gevo also announced that Dr. Ron Commander, head of the LANXESS Group’s Butyl Rubber Business Unit, will join the Gevo Board of Directors.

Companies 170

Companies Global 2009 Renewable 170

Green Car Congress

MAY 3, 2017

Speaking this week at the Bloomberg New Energy Finance conference in New York, Total SA’s chief energy economist, Joel Couse, forecasted that EVs will make up 15 to 30 percent of global new vehicle sales by 2030. In January, both companies joined a global hydrogen council that included Toyota, Liquide SA, and Linde AG.

Oil 218

Oil Electric Vehicles Vehicles Financing 218

Green Car Congress

MARCH 24, 2021

To support these developments and be able to offer a complete and competitive Renault Trucks range on the market, the company is setting up an organization dedicated to electric mobility. To help meet the Paris Agreement’s goal of limiting global warming to less than 1.5 We’re aiming for 35% of our sales to be electric in 2030.

Range 459

Range Market Volvo Electric 459

Green Car Congress

OCTOBER 2, 2013

According to a new report from Navigant Research, there are now almost 64,000 public charging stations installed globally. Overall, Navigant Research expects global sales of electric vehicle supply equipment (EVSE) to grow from around 442,000 units in 2013 to 4.3 million in 2022, a compound annual growth rate (CAGR) of 28.8%.

Plug-in 225

Plug-in Market Global Charging 225

Teslarati

OCTOBER 24, 2023

The South Korean battery supplier and Tesla CEO Elon Musk appear to share similar concerns about high interest rates affecting electric vehicle car sales. The Korean company warned of slowing revenue growth in 2024 during the announcement. It explained that global economic uncertainties might affect electric vehicle car sales.

Energy 115

Energy Tesla Buy Financing 115

Green Car Congress

NOVEMBER 21, 2017

Toyota Financial Services (TFS) issued its first euro-denominated unsecured Green Bond today, expanding its commitment to the sale of environmentally friendly vehicles. TFS introduced the auto industry’s first Asset-Backed Green Bond in 2014; this latest issuance is the fourth Green Bond the company has issued.

Toyota 150

Toyota Green Lexus Prius 150

Green Car Congress

MAY 22, 2016

China’s Zhejiang Geely Holding Group (ZGH) has raised $400 million through the first Green Bond sale on the offshore market from a Chinese automobile company to support the design, development and production of range-extended electric vehicles by its UK subsidiary, the LondonTaxi Company (LTC), manufacturer of the iconic London Black Cab.

London 170

London Taxi Green Range 170

Green Car Congress

OCTOBER 24, 2019

After in-depth conversation and research, conducted by MEG and our partners, with two of China’s leading mining provinces, Inner Mongolia and Yunnan, we have determined that they have a combined sales target for heavy trucks and the required batteries of approximately US$14 billion (RMB100 Billion) over the next three years.

Vehicles 170

Vehicles Mongolia Financing Maintenance 170

Green Car Congress

JULY 31, 2012

Under the agreement, Kuraray and the INCJ will acquire new equity stakes in KBMJ through participation in a third-party allocation, with the four companies together investing up to ¥20.0 The partnership aims to support KBMJ’s global expansion, with a focus on its CARBOTRON P LIB anode material. KBMJ plans to finance approximately ¥14.5

Li-ion 252

Li-ion Japan Carbon Global 252

Green Car Congress

JUNE 28, 2021

As the battery arm of global green tech company Envision Group, it will invest up to €2 billion to produce latest technology, cost-competitive, low-carbon and safe batteries for electric models, including the future R5. We are therefore delighted that Renault Group chose Envision AESC batteries for its next generation of EVs.

France 334

France Batteries Battery Production 334