Green Car Congress

AUGUST 2, 2022

Global investment in renewable energy totaled $226 billion in the first half of 2022, setting a new record for the first six months of a year, according to Renewable Energy Investment Tracker 2H 2022, a new report published by research firm BloombergNEF (BNEF). Wind project financing was up 16% from 1H 2021, at $84 billion.

Financing 243

Financing Renewable Wind Energy 243

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

APRIL 7, 2022

Porsche is investing US$75 million in HIF Global LLC, a holding company of internationally active project developers of eFuel production facilities. Among other projects, the Santiago de Chile-based company is building the Haru Oni eFuel pilot plant in Punta Arenas (Chile). AME remains the majority shareholder of HIF Global LLC.

Porsche 243

Porsche Chile Global Industrial 243

Green Car Congress

MARCH 3, 2022

In Seoul, Hyundai Motor Company unveiled a strategic roadmap to accelerate its electrification ambition as it pursues sustainable progress for the company. The company also unveiled targets for sales and financial performance to be achieved by 2030. Under the new plan, the company aims to boost annual global BEV sales to 1.87

Hyundai 370

Hyundai Global Motor Motors 370

Green Car Congress

OCTOBER 13, 2022

Energy storage installations around the world are projected to reach a cumulative 411 GW (or 1,194 GWh) by the end of 2030, according to the latest forecast from research company BloombergNEF (BNEF). Record electricity prices are forcing consumers to consider new forms of energy supply, driving the residential storage market in the near term.

Energy Storage 259

Energy Storage Global Market Energy 259

Green Car Congress

DECEMBER 14, 2021

ABIC), a special purpose acquisition company (SPAC), have entered into a definitive business combination agreement under which ABIC will combine with LiveWire, Harley-Davidson’s electric motorcycle division ( earlier post ), to create a new publicly traded company. Harley-Davidson and AEA-Bridges Impact Corp. billion at closing.

Electric Motorcycles 418

Electric Motorcycles Motorcycles Companies Electric 418

Green Car Congress

APRIL 16, 2021

Strategy Analytics’ Automotive Connected Mobility service released its H1 2021 Global Ride-Hailing Market Update and its associated Global Ride-Hailing Forecast , tracking more than 140 unique operators across 119 different countries. over the next 10 years, with a global market recovery expected toward the end of 2022.

2020 243

2020 Global Market Connect 243

Green Car Congress

JULY 14, 2022

The Metals Company (TMC) announced that its Australian subsidiary, The Metals Company Australia Pty Ltd., The Metals Company (TMC) announced that its Australian subsidiary, The Metals Company Australia Pty Ltd., Ongoing testing of Pilot Collection System before planned upgrade to Project Zero System. Source: TMC.

Nauru 397

Nauru Kiribati Tonga Companies 397

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

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

NOVEMBER 27, 2021

Cornish Lithium ( earlier post ), a mineral exploration and development company based in Cornwall, UK, secured an investment package of up to £18 million (US$24 million) from TechMet Limited, a leading technology metals investment company. The investment is the first that Cornish Lithium has secured from a financial institution.

Financing 419

Financing Water Li-ion Lithium Ion 419

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

DECEMBER 30, 2022

The intent of the MOU is to evaluate collaborative opportunities strategically to locate, construct, and operate mid-stream graphite processing facilities throughout the world to support the global electrification of mobility. Reforme was founded by the team that developed a first in the sorting and beneficiating of iron ore.

Australia 170

Australia Supplies Li-ion Manufacturer 170

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

MAY 3, 2022

In 2021, China imported more liquefied natural gas (LNG) than any other country, according to data from Global Trade Tracker and China’s General Administration of Customs, gathered by the US Energy Information Administration (EIA). Bcf/d, according to data by S&P Global Platts. China’s LNG imports averaged 10.5 Bcf/d in 2021.

China 273

China Qatar United States Malaysia 273

Green Car Congress

NOVEMBER 23, 2022

Niron Magnetics, a developer of high-performance, rare earth-free permanent magnets ( earlier post ), announced that the US Department of Energy’s (DOE) Advanced Research Projects Agency – Energy (ARPA-E) has awarded the company a $17.5-million One of the top 5 global wind turbine OEMs. Earlier post.). 2019.165962.

Grant 345

Grant Production Wind Clean 345

Green Car Congress

AUGUST 31, 2022

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. FREYR Battery and Nidec Corporation finalized an expanded 38 GWh battery cell sales agreement from 2025 – 2030.

Li-ion 150

Li-ion Supplies Norway Energy Storage 150

Green Car Congress

SEPTEMBER 27, 2019

The EV Taxis are supplied by Geely Auto Group and the financing for the vehicles was provided locally by Sichuan Tianfu Bank Co Ltd. This initial order of 15,000 EV taxis is part of an agreement to supply a total of 89,000 EV taxis (now 93,000 taxis, with the additional 4,000 assumed from a third-party).

Taxi 191

Taxi Supplies Financing 2019 191

Green Car Congress

JULY 30, 2021

Niron Magnetics , a company developing high-performance rare-earth-free iron-nitride (FeN) permanent magnets, has raised $21.3 million in new financing. Since completing its ARPA-E award, the University of Minnesota team created a spinout startup company: Niron Magnetics.

Minnesota 482

Minnesota Commercial Clean Cleaning 482

Green Car Congress

MARCH 11, 2022

To boost the global production capacity of green methanol, A.P. 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.

Green 199

Green Companies Switzerland Denmark 199

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 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. Under the terms of the agreement, Cummins will pay $36.50 billion, including assumed debt and net of acquired cash.

Climate Change 429

Climate Change Commercial Financing Global 429

Green Car Congress

SEPTEMBER 22, 2022

Advanced materials technology company Sylvatex (SVX) announced a new proprietary waterless production method that delivers premium EV-grade cathode active materials (CAM) at lower costs and that allows for a broader material input supply base to enable demand growth. SVX recently closed a Series A funding of $8.4

Li-ion 259

Li-ion Manufacturer Lithium Ion Batteries 259

Green Car Congress

JUNE 6, 2016

A key outcome of the Low Carbon Technology Partnerships initiative ( LCTPi ), below50 is intended to grow a global corporate market for sustainable low-carbon transport fuels (LCTFs). Any company which produces, uses and/or invests in fuels that are at least 50% less carbon intensive than conventional fossil fuels can join below50.

Carbon 150

Carbon Global Audi Companies 150

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). Last ICE in 2038.

Transportation 473

Transportation Emissions Fleet Economy 473

Green Car Congress

JUNE 22, 2023

BOSK is a joint venture between Ford Motor Company (Ford) and SK On, a global leading Korean EV battery manufacturer. BOSK was created to supply Ford with batteries for its growing EV product line.

Ford 150

Ford Kentucky Tennessee Batteries 150

Green Car Congress

NOVEMBER 13, 2022

The global net zero transition can represent a $3.5-trillion trillion investment opportunity for Indonesia, according to a new report published at the BNEF Summit Bali by research company BloombergNEF (BNEF) entitled Net-Zero Transition: Opportunities for Indonesia. —Caroline Chua, BNEF’s Southeast Asia clean power lead analyst.

Indonesia 195

Indonesia Coal Lithium Ion Asia 195

Green Car Congress

MAY 31, 2021

The report uses the global standard developed by the International Union for the Conservation of Nature (IUCN) for nature-based solutions. —“State of Finance for Nature”. The report calls for coupling investments in restoration action with financing conservation measures. A total investment of $8.1

Financing 296

Financing Climate Stimulus Climate Change 296

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

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

Teslarati

APRIL 4, 2022

Tesla analysts from Roth Capital Partners and Deutsche Bank are confident in TSLA stock and the company’s fundamentals. The company produced 305,000 cars in the first quarter. Deutsche Bank analyst Emmanuel Rosner argued that the company still performed well considering its challenges last quarter.

Supplies 119

Supplies Tesla Austin Texas 119

Green Car Congress

OCTOBER 20, 2022

billion will go to 11 projects in the materials separation and processing segment of the supply chain. Anovion , Scaling the Domestic, US Owned and Operated Anode Supply Chain for Synthetic Graphite, $117,000,000. It will produce enough material to supply more than 250,000 electric vehicles annually. Of that, $1.6

Parts 459

Parts Batteries Battery Lithium Ion 459

Green Car Congress

APRIL 24, 2022

Operation of the lithium plant and financing will be 100% carried out by POSCO Argentina, a subsidiary of POSCO Holdings. Construction of the brine lithium plant is to be completed in the first half of 2024, with annual production of 25,000 tons of lithium hydroxide. The total investment cost is about US$830 million (about KRW 0.95

Argentina 333

Argentina Global Batteries Battery 333

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

MAY 4, 2017

has entered into a definitive supply agreement with HCS Holding GmbH (HCS) to supply renewable isooctane ( earlier post ) under a five-year offtake agreement. HCS is a leading global supplier of high-quality hydrocarbon specialty products.

Supplies 150

Supplies Renewable Commercial Minnesota 150

Green Car Congress

JUNE 14, 2023

Volkswagen, Stellantis and Glencore are supporting the purchase of the Atlantic Nickel nickel sulfide and the Mineraçao Vale Verde copper mine in Brazil by ACG , a London-listed special purpose acquisition company (SPAC), for US$ 1 billion. Atlantic Nickel The resulting company will be named ACG Electric Metals.

Purchase 195

Purchase C1 Brazil North America 195

Green Car Congress

SEPTEMBER 11, 2022

The project will convert spodumene concentrate sourced principally from Piedmont’s international project investments to expand significantly the US supply of lithium hydroxide, a key component in the manufacturing of EV batteries. Planned completion and start of production is in 2025.

Tennessee 243

Tennessee Ghana North Carolina Financing 243