Green Car Congress

AUGUST 20, 2019

Syzygy Plasmonics , a technology company developing the world’s highest performance photocatalyst, raised $5.8 The financing was co-led by The Engine and by The GOOSE Society of Texas. million in Series A funding. Previous investor Evok Innovations was also a major participant in the round.

Manufacturer 371

Manufacturer Fuel Clean Cleaning 371

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

JUNE 30, 2015

Battery-eletcric bus manufacturer Proterra has completed a $55M strategic financing. This signals a new growth phase for the company, as Proterra scales production to meet growing demand and accelerates cash realization. Proterra closed a $30-million Series 4 equity round led by $19 million from several new strategic investors.

Financing 150

Financing California Grant 2015 150

Green Car Congress

APRIL 10, 2021

Syzygy Plasmonics, a technology company developing a high-performance photocatalyst for the industrial gas, chemical and energy industries, announced a $23-million Series B financing led by Horizons Ventures with participation from new global investors including Equinor Ventures. Earlier post.).

Hydrogen 221

Hydrogen Manufacturer Production Universal 221

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. Resources.

Minnesota 482

Minnesota Commercial Clean Cleaning 482

Green Car Congress

APRIL 5, 2023

Group14 Technologies, a global manufacturer and supplier of advanced silicon battery technology, has begun construction of a second commercial-scale US Battery Active Materials (BAM-2) factory in Moses Lake, WA, in support of domestic efforts to advance the electric vehicle (EV) market.

Commercial 199

Commercial Batteries Battery Porsche 199

EV Life

AUGUST 4, 2023

The company cited their move to Chevy’s new Ultium electric vehicle platform that will be featured in the new Blazer EV, Silverado EV, and Equinox EV, and the need to shift manufacturing resources towards other models as reasons for the discontinuation. Clean Vehicle Assistance Program. Clean Cars 4 All. That’s where EV Life can help.

Chevrolet 52

Chevrolet Financing Electric Vehicles Tax Credit 52

Green Car Congress

MAY 31, 2012

million to replace battery modules and packs that may contain defective prismatic cells produced at A123’s Livonia, Michigan manufacturing facility. In addition, the company recorded an inventory charge of approximately US$15.2 In addition, the Company is evaluating various options to raise cash in the capital markets.

Grant 299

Grant Tax Credit Michigan Massachusetts 299

Green Car Congress

JUNE 30, 2022

FREYR’s Board of Directors has sanctioned construction of Giga Arctic (combined Gigafactories 1 & 2), the company’s first battery manufacturing facility under development in Mo i Rana, Norway. 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

OCTOBER 20, 2022

billion to 21 projects to expand domestic manufacturing of batteries for electric vehicles (EVs) and the electrical grid and for materials and components currently imported from other countries. This US-owned and operated manufacturing plant in northern Alabama will be the first of its size in North America. Earlier post.) Of that, $1.6

Parts 459

Parts Batteries Battery Lithium Ion 459

Baua Electric

MAY 23, 2024

We wrote at the time that his company’s rugged, no-nonsense electric work trucks should find a lot of buyers, if the company could navigate the shoals that have wrecked most of the EV startups. Now Mullen has taken a positive step towards the big time, raising $150 million in new financing commitments.

Tax Credit 52

Tax Credit Production Mississippi Charging 52

Green Car Congress

NOVEMBER 12, 2009

a sweet sorghum ethanol company, to form a platform finance company which will provide project financing for EPEC and select financing initiatives in the biofuels and renewable energy sectors. In addition, EPEC seeks to become a global leader in manufacturing and servicing modular ethanol production equipment.

Financing 186

Financing Renewable Grant Water 186

Green Car Congress

JUNE 18, 2021

million in additional financing from several investors, including the Iowa, Minnesota, Kansas and Illinois Corn Growers Associations. The company plans to have demonstration trucks on the road by the end of 2021. The new funding will help ClearFlame deploy pilot Class 8 trucks with its patented technology.

Diesel 321

Diesel Engine Fuel Iowa 321

Green Car Congress

NOVEMBER 12, 2022

The company selected the Bridgeport Industrial Park site based on key operational, logistical, and financial criteria, including the suitability of the site to co-locate modular upstream and downstream projects with the Giga America cell manufacturing facility. FREYR evaluated 163 potentials sites in 25 states. billion through 2029.

Georgia 150

Georgia Batteries Battery Tax Credit 150

Green Car Congress

APRIL 30, 2014

Ambri, developer of Liquid Metal Battery grid-scale energy storage technology, closed a $35-million Series C equity financing. This latest funding round will enable Ambri to deliver commercial systems to customers, build its initial commercial-scale manufacturing plant, and continue technology development.

Companies 210

Companies Batteries Battery Massachusetts 210

Baua Electric

APRIL 4, 2024

Battery materials and technology company NOVONIX has been selected to receive a $103-million tax credit under section 48C of the Qualifying Advanced Energy Project Allocation Program, to support production of critical battery materials at its Riverside facility in Chattanooga, Tennessee.

Tax Credit 52

Tax Credit Tennessee Tax Production 52

Green Car Congress

DECEMBER 7, 2012

American Suzuki Motor Corporation (ASMC) has received court approval for Debtor-In-Possession (DIP) financing. As a result, the Company will be able to borrow up to $50 million for operations and up to $50 million for purchases of inventory from Suzuki Motor Corporation (SMC). Earlier post.) Earlier post.)

Suzuki 218

Suzuki Financing Motor Motors 218

Green Car Congress

APRIL 1, 2010

an Ann Arbor-based developer of next-generation lithium-ion batteries ( earlier post ), has completed a $7-million Series B round of financing. The capital, from new investor Beringea and previous investor Khosla Ventures, will fund the company’s expansion of its Michigan-based research, development and manufacturing capabilities.

Financing 199

Financing Li-ion Michigan Lithium Ion 199

Green Car Congress

APRIL 20, 2021

With the Neue Klasse, the BMW Group is aiming at the level of state-of-the-art internal combustion engines in terms of range and manufacturing costs. For this sixth generation of BMW e-drive technology, the company is evaluating correspondingly different cell formats, cell chemistry and also cell modules in the current development phase.

BMW 170

BMW Grant Batteries Battery 170

Green Car Congress

JANUARY 24, 2019

Safran acquired an equity interest in Li-Sulfur battery manufacturer OXIS Energy ( earlier post ) through its Safran Corporate Ventures subsidiary, which invests in disruptive technology businesses. The investments made by these companies take the total capital raised to just under £24 million (US$31.3

Lithium Sulfur 246

Lithium Sulfur Energy Batteries Battery 246

Green Car Congress

JULY 25, 2023

Li-ion battery recycling technology company Aqua Metals ( earlier post ) entered into a strategic partnership with Yulho Co., a storage solution and battery materials company based in South Korea. For the equity investment, Yulho has agreed to the purchase of approximately 4.5

South Korea 150

South Korea Batteries Battery Li-ion 150

Green Car Congress

SEPTEMBER 13, 2010

is expected to expand A123’s manufacturing capabilities by up to 600 MWh per year when fully operational, contributing to the company’s plan to expand global final cell assembly capacity to more than 760 MWh hours annually by the end of 2011. The new plant in Livonia, Mich.

Michigan 186

Michigan Li-ion Manufacturer Lithium Ion 186

Green Car Congress

APRIL 9, 2020

This service can also provide debt financing or secure grant funding to reduce capital expenditures and implement resiliency plans as needed. This project illustrates how the AMPLY offering is agnostic to a variety of buses and chargers regardless of manufacturer.

Energy 481

Energy Power Powered New York City 481

Green Car Congress

FEBRUARY 22, 2021

The financing was led by Vision Ridge Partners with participation by Fontinalis Partners and existing investors. Highland reduces the complexity of going electric by providing customers a full-service solution of electric vehicles that are owned, powered, and maintained by the company.

Highlander 186

Highlander Fleet Transportation North Carolina 186

Green Car Congress

MAY 18, 2018

HQ will assist NMG in its material qualification processes with leading lithium-ion battery manufacturers. NMG’s financing. In the summer of 2018, NMG will be launching its first tonnes of concentrated graphite flake manufactured in demonstration plant. per unit for an aggregate gross proceeds of $2,000,000.

NMG 186

NMG Li-ion Lithium Ion Grant 186

Green Car Congress

OCTOBER 31, 2019

With the high costs and operational complexities surrounding electric vehicle (EV) deployments within commercial fleets, EV manufacturer BYD announced a preferred partnership with charging infrastructure provider AMPLY Power. The company assumes the full financial responsibility of utility account and provides the fleet with flat usage rates.

BYD 150

BYD Fleet Commercial Charging 150

Green Car Congress

JANUARY 30, 2018

Cuberg developed an advanced lithium metal rechargeable battery cell that is designed to be a drop-in solution to existing large-scale battery manufacturing processes. In September 2017, CalSEED awarded Cuberg $150,000 in Phase I grant funding. In December 2017, NSF SBIR awarded Cuberg $225,000 in Phase I grant funding.

Recharge 218

Recharge Batteries Battery Grant 218

Green Car Congress

DECEMBER 9, 2011

At that time, Mascoma, Valero, and Mascoma’s operating subsidiary, Frontier Renewable Resources LLC, jointly owned with natural resource management company, J.M. These costs are fully funded, with Valero providing the majority of the financing, and the remainder from awards by the US Department of Energy (DOE) and the State of Michigan.

Financing 210

Financing Commercial Michigan Corporation 210

Green Car Congress

JANUARY 25, 2021

Essen-based energy company STEAG, Duisburg-based steel producer thyssenkrupp Steel and Dortmund-based thyssenkrupp Uhde Chlorine Engineers, specializing in electrolysis technology, are working on a joint feasibility study. In this context, the cooperation between three companies based in the region is an important element.

Hydrogen 482

Hydrogen Green Climate Economy 482

Green Car Congress

OCTOBER 28, 2020

The new agreement will see Mercedes-Benz AG grant access to a range of advanced Mercedes-Benz technologies, including next generation hybrid and electric powertrains, as well as other vehicle components and systems. We already have a successful technology partnership in place with Aston Martin that has benefited both companies.

Aston Martin 279

Aston Martin Mercedes Hybrid Grant 279

Green Car Congress

NOVEMBER 17, 2014

announced plans to acquire the assets of a battery manufacturing plant with annual capacity of about 0.5 This is a transformational project for Electrovaya as it instantly brings manufacturing capacity to meet demand for the company’s energy storage products. Financing is planned through debt and grants.

Li-ion 231

Li-ion Energy Storage Lithium Ion Mariner 231

Green Car Congress

JULY 25, 2009

The European Investment Bank (EIB) will grant financing of up to €300 million (US$426 million) to Valeo for its current research projects aiming to reduce the fuel consumption and CO 2 emissions of cars and improve active safety. The role of each of the partners is the following: Valeo – the drive-train electronics and thermal.

Financing 150

Financing Emissions Fuel 2008 150

Green Car Congress

SEPTEMBER 21, 2019

CARB is tasked with developing new grant criteria for clean vehicle programs to encourage manufacturers to produce clean, affordable cars and propose new strategies to increase demand in the primary and secondary markets for zero emission vehicles.

Climate 191

Climate California Emissions Standards 191

Green Car Congress

SEPTEMBER 20, 2011

The growth capital and Chinese government incentives will be used predominantly to scale manufacturing, research and development, and business development activities in China for the company’s energy storage technology and products. GSR Ventures has offices in Beijing and Silicon Valley. Reorganizing.

Boston 199

Boston Li-ion China Lithium Ion 199

Green Car Congress

FEBRUARY 15, 2013

The legislation also proposes numerous actions against financing and support for fossil fuel industries. Among the financing provisions of the legislation are: Price on carbon. The legislation would enact a fee of $20 per ton or carbon or methane equivalent, rising at 5.6% per year over a 10-year period. Rebate program. Debt reduction.

Industrial 259

Industrial Industry Price Fuel 259

Electric Vehicles India

APRIL 3, 2023

However, it will be available in a limited number of locations since the company plans to roll out the product gradually over time. The company originally planned to launch an electric three-wheeler last year, but the launch was postponed due to user safety concerns. FAME approval and ARAI certification have been granted.

Auto 90

Auto India Electric Electrical 90

Blink Charging

NOVEMBER 9, 2023

More on that below.) Commercial EV Charging Grants and Incentives There are local, state, and federal rebates and incentives available for EV charging at qualifying businesses across the United States. What is a finance lease? The company providing the lease is the lessor and the company being leased to is the lessee.

Fleet 52

Fleet Tax Credit Tax Financing 52