Green Car Congress

APRIL 26, 2023

BMW i Ventures announced an investment in Canada-based Cyclic Materials , a circular supply chain company focused on recycling rare earth elements (REE) ( earlier post ). The financing will be used to establish a hub and spoke network for the company’s commercial scale operations.

BMW 199

BMW Supplies Companies Canada 199

Green Car Congress

APRIL 15, 2022

PEM electrolyzer company Ohmium International closed a $45-million Series B financing round. The company has research and development facilities in the United States and India; manufacturing operations are in India. —Arne Ballantine, CEO of Ohmium International.

Manufacturer 225

Manufacturer Companies India Hydrogen 225

Green Car Congress

AUGUST 3, 2014

FuelCell Energy intends to use the net proceeds from the offering for project development, project finance, working capital support and general corporate purposes. The company’s project finance subsidiaries may draw on the facility to finance the construction of projects through the commercial operating date (COD) of the power plants.

Financing 244

Financing Energy Companies Carbon 244

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

OCTOBER 9, 2013

million in Series C financing. The company also announced the formation of a new Industry Advisory Board, and its selection as a semi-finalist in the Securing America’s Future Energy (SAFE) Energy Security Prize. Achates Power, Inc.,

Financing 236

Financing Industrial Industry Engine 236

Green Car Congress

SEPTEMBER 7, 2019

Porsche has increased its stake in technology and sports car company Rimac Automobili to 15.5%. The Croatian company develops and produces electromobility components and also produces electrically powered super sports cars in-house. The company also develops and produces high-performance electric drives and battery systems.

Porsche 255

Porsche Companies Cars Electric 255

Green Car Congress

OCTOBER 9, 2018

billion in the third quarter of 2018, down 6% from the same period last year, according to the latest Clean Energy Investment Trends report from research company Bloomberg NEF (BNEF). We’re seeing more companies raising funds as they look to make the jump from concept cars to high-volume manufacturing. —Colin McKerracher.

Clean 259

Clean Cleaning Companies South Africa 259

Green Car Congress

MAY 21, 2014

National Electric Vehicle Sweden (NEVS), the company resurrecting the Saab brand ( earlier post ), has halted production of its vehicles (currently at 6 units per day) while it sorts through financing issues and aligns its strategy with new OEM partners. NEVS also cut back on its hired consultants.

Financing 225

Financing Sweden Electric Vehicles Production 225

Teslarati

AUGUST 17, 2022

Searle oversaw an internal purchasing probe during his final days at the company before leaving. Bloomberg , citing three people familiar with the matter, said Searle was relieved by Dinna Eskin, a Deputy General Counsel at Tesla, less than a month ago after the internal purchasing scandal took place.

Legal 96

Legal Purchase International Tesla 96

Green Car Congress

FEBRUARY 10, 2015

The company is working to commercialize this technology and scale production of its products. The algal bio-oil can be used to produce biodiesel, renewable diesel, or other bio-oil-derived products. Spent algal biomass is gasified to produce bio-methane that is used onsite in a combined heat and powerunit.

Financing 150

Financing International Florida India 150

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 14, 2021

German companies are very interested in participating in hydrogen projects in Australia, including as suppliers of electrolyzers. The German-Australian cooperation gives German companies the opportunity to export technology. Co-financing of an AUS-DEU H 2 incubator for applied research. Co-financing of “HydrogenHubs”.

Australia 334

Australia Germany Hydrogen Green 334

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

Baua Electric

MAY 2, 2023

The Openlane logo will lend as “both the parent company brand and the go-to-market brand” for the corporate’s virtual marketplaces within the U.S., KAR International additionally mentioned it has finished a consolidation of its ADESA Europe, ADESA U.Ok. Canada and Europe, the scoop let go mentioned. Within the U.S.,

International 52

International Dealers Canada Corporation 52

Green Car Congress

JULY 8, 2010

Energy crop company Ceres, Inc. The proceeds will be used, in part, to expand the company’s research and commercialization activities in the advanced biofuels and biomass-to-power markets. The company also grew its international presence, and is deploying its seeds and technology in Brazil.

Financing 186

Financing Companies Energy Luxembourg 186

Green Car Congress

AUGUST 23, 2011

million in Series E financing through the sale of new shares and the conversion of previously issued promissory notes. The financing will be used to further grow customer adoption in key commercial markets, expand internationally and develop and commercialize new products.

Financing 210

Financing Power Powered Gas-Electric 210

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. In Cornwall, lithium is contained within mica minerals (zinnwaldite and lepidolite).

Financing 419

Financing Water Li-ion Lithium Ion 419

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

NOVEMBER 13, 2019

In addition to the latest equity raising, Xpeng Motors has also successfully diversified its funding sources by securing several billions of RMB-denominated unsecured credit lines from leading Chinese and international banks including China Merchants Bank, China CITIC Bank and HSBC. Xpeng Motors achieved numerous milestones this year.

Chinese 199

Chinese Motor Motors Motoring 199

Green Car Congress

DECEMBER 13, 2013

The US Department of Energy (DOE) has issued a Request for Information (RFI) ( DE-FOA-0001055 ) for light-duty fuel cell electric vehicles (FCEV) fueling infrastructure financing strategies within the context of an early market introduction. This is the least developed supply chain element at this time.

Financing 270

Financing Light Fuel Hydrogen 270

Green Car Congress

JULY 25, 2021

The financing was led by Amazon’s Climate Pledge Fund, D1 Capital Partners, Ford Motor Company and funds and accounts advised by T. This round included participation by Third Point, Fidelity Management and Research Company, Dragoneer Investment Group, and Coatue. The financing was led by funds and accounts advised by T.

2019 334

2019 Financing Ford Price 334

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.

Hyundai 377

Hyundai Hydrogen Motor Motors 377

Green Car Congress

JANUARY 22, 2015

Green Biologics (GBL) closed an internal follow-on equity round of $42 million co-led by Swire Pacific Limited and Sofinnova Partners. This $76-million financing follows GBL’s previous equity round of $25 million in December 2013, bringing GBL’s total fund raising to just over $100 million since late 2013. based in Gahanna, Ohio.

Financing 150

Financing Green Minnesota Ohio 150

Green Car Congress

DECEMBER 19, 2011

Agilyx Corporation has secured a new round of Series C funding worth $25 million, led by new investor Keating Capital and joined by existing investors Kleiner Perkins Caulfield & Byers, Saffron Hill Ventures, Waste Management, Total Energy Ventures International, an affiliate of Total S.A., Earlier post.). 10 pounds of plastic.

Waste 210

Waste Financing Companies Oregon 210

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). Earlier post.). Punta Arenas pilot plant under construction.

Porsche 243

Porsche Chile Global Industrial 243

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

JANUARY 6, 2021

Workhorse Group has received a purchase order for 6,320 C-Series all-electric delivery vehicles from Pride Group Enterprises, a company with businesses in transportation equipment retail, wholesale, rental, leasing and logistics. Inventory financing for that deal is also being provided by Hitachi Capital America. 75 MPH (Limited).

Purchase 243

Purchase Vehicles Financing America 243

Green Car Congress

JUNE 1, 2011

A subsidiary of Valero Energy Corporation will provide financing to Diamond Green Diesel LLC, a previously announced joint venture project between Darling International and Valero Energy Corporation ( earlier post ), for the construction of its renewable diesel facility in Norco, Louisiana. Darling International Inc.

Financing 186

Financing Renewable Diesel Louisiana 186

Baua Electric

JULY 13, 2023

“The whole problem here is it’s a new company in the field and they don’t have all the equipment like the established players like Daimler, Volvo or Paccar have,” mentioned Antti Lindstrom, a truck analyst at S&P International Mobility.

Delaware 52

Delaware Financing Hydrogen Gasoline-Electric 52

Green Car Congress

AUGUST 20, 2011

a developer of technology for the production of advanced biofuels and biochemicals from biomass and waste materials, announced a first close of its Series D round of financing. The company has been operating a demonstration-scale integrated biorefinery in Madison, Pennsylvania since 2009. Coskata Inc.,

Financing 199

Financing Pennsylvania General Motors 2011 199

Green Car Congress

JANUARY 24, 2013

a developer and manufacturer of advanced batteries, has raised $10 million in Series C financing from existing investors, including New Enterprise Associates (NEA), Lightspeed Ventures, Sigma Partners and Walden International. The company closed a $20-million Series B round in August 2011. Leyden Energy, Inc.,

Li-ion 240

Li-ion Financing Energy Batteries 240

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 This additional internal funding follows the initial €41.3-million —Taavi Madiberk, CEO and co-founder of Skeleton Technologies.

Estonia 186

Estonia Financing 2009 Germany 186

Green Car Congress

DECEMBER 23, 2010

completed a financing for C$5 million (US$4.96 This financing provides valuable working capital for future growth, including certain strategic initiatives. A co-founder of the company, Electrovaya’s CEO, Dr. Sankar Das Gupta, has served as Chairman of the. Canada-based Li-ion battery maker Electrovaya Inc. issued to the lender.

Financing 218

Financing Li-ion Energy Storage Lithium Ion 218

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

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

DECEMBER 12, 2022

Our goal is to create and shape a new premium segment in the international market for battery cells. Existing investor Vsquared Ventures once again increased its stake in the company. Porsche, a second existing investor, also took part in the financing round.

Lithium Ion 210

Lithium Ion Porsche Financing Batteries 210

Green Car Congress

SEPTEMBER 11, 2022

Piedmont Lithium has ( earlier post ) selected Etowah, Tennessee as the location of the company’s planned 30,000 metric ton per year (tpy) LHP­2 lithium hydroxide operation (“Tennessee Lithium”). Planned completion and start of production is in 2025. Conceptual design of the 30,000 TPY Tennessee Lithium plant.

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Tennessee Ghana North Carolina Financing 243