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.

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GM Companies Batteries Battery 218

EV Life

JUNE 15, 2023

So, if you’re like most potential Tesla buyers, you will probably look to finance your Tesla purchase with a loan rather than pay the sticker price upfront. How Financing Through Tesla Works Tesla offers a variety of auto loan financing options for new and used Tesla models through outside lenders.

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Financing Tax Credit Tesla Tax 52

Electric Vehicles India

JULY 20, 2021

for electric vehicle financing. Terra Motors a leading electric vehicles manufacturer in India has partnered with Pooja Finelease Ltd. India’s leading non-banking finance company for electric vehicle financing. FCC President Yoshitaka Saito said both companies can contribute by combining their individual strengths.

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Financing Electric Vehicles Motor Motors 101

Baua Electric

MARCH 19, 2024

L&T Finance Holdings (LTFH), a prominent Non-Banking Financial Company (NBFC) in India, has unveiled its latest offering – Super Bike Loans, targeting motorcycle enthusiasts seeking the thrill of riding cutting-edge motorcycles. With funding options of up to Rs 20 lakh and competitive interest rates starting at 5.99

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Financing Motorcycles India Available 40

Green Car Congress

SEPTEMBER 7, 2019

Porsche has increased its stake in technology and sports car company Rimac Automobili to 15.5%. In June 2018, the Stuttgart-based sports car manufacturer purchased a 10% stake in Rimac. The Croatian company develops and produces electromobility components and also produces electrically powered super sports cars in-house.

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Porsche Companies Cars Electric 255

Electric Vehicles India

DECEMBER 26, 2021

Hero Electric ties up with HDB Financial Services for retail finance. Hero Electric on Wednesday said it has tied up with HDB Financial Services, a non-banking financial company (NBFC), to offer easy financing options for the purchase of electric scooters. For the latest electric vehicles news, follow electricvehicles.

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Financing Electric Electrical Dealers 85

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.

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Clean Cleaning Companies South Africa 259

Green Car Congress

AUGUST 30, 2013

Blue Marble Biomaterials, a specialty biochemical manufacturer ( earlier post ), has closed on the purchase of the former GTC Oats Inc. The purchase includes 3.81 The building retrofits will include systems that will allow for greater energy efficiency and enable the site to be a showcase for the company’s “zero-waste” focus.

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Purchase Commercial Montana Financing 218

Electric Vehicles India

JANUARY 20, 2023

One of the top companies in the electric automobile market, Saera Electric Auto Private Limited (SEAPL), has agreed to finance vehicles through the non-banking financial corporation (NBFC), AMU Leasing Pvt. have partnered to provide vehicle financing. appeared first on Promoting Eco Friendly Travel.

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Financing Auto Vehicles Electric 52

Green Car Congress

AUGUST 23, 2023

Australia-based hydrogen fuel cell vehicle company H2X Global recently secured a US$57-million deal with US-based firm, Verde Mobility Inc., We anticipate this will crank up our vehicle production to 25,000 units a year, and provide a sturdy financial foundation for the company. million investment into H2X.

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Global North America Hydrogen Fuel 195

Green Car Congress

JULY 10, 2012

GE Capital’s Commercial Distribution Finance (CDF) business has agreed to provide Brammo Inc. with inventory financing to support the expansion of its dealer network in the US. The Ashland, OR-based manufacturer designs and develops electric motorcycles. Brammo is the current TTXGP eGrandPrix champion of North America.

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Electric Motorcycles Financing Motorcycles North America 230

Green Car Congress

DECEMBER 14, 2017

the developer of a plug-in electric pickup truck ( earlier post ), has applied for a $250-million loan from the Department of Energy’s (DOE) Advanced Technology Vehicles Manufacturing ( ATVM ) Loan Program. Workhorse CEO and President Stephen Burns said that the company has received letters of intent to purchase more than 5,000 W-15s.

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Manufacturer Indiana Vehicles Fuel Economy 150

Teslarati

MAY 18, 2022

The signatures were marked at a ceremonial signing event to officially confirm Lucid and Saudi’s agreement to partner in EV manufacturing, a deal originally agreed upon in February. The Saudi Arabian government will then have the option to purchase an additional 50,000 cars. Lucid Group will receive up to $3.4

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Saudi Arabia Manufacturer Financing Climate Change 98

EV Life

AUGUST 4, 2023

We’ll also explore the best ways to save money on the purchase of a Bolt EUV by taking advantage of available EV incentives with an EV Climate Loan through EV Life. The Inflation Reduction Act of 2022 introduced a new federal EV tax credit of up to $7,500 for qualified drivers looking to purchase an electric vehicle. Clean Cars 4 All.

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Chevrolet Financing Electric Vehicles Tax Credit 52

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.

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Commercial Batteries Battery Porsche 199

Green Car Congress

DECEMBER 23, 2010

completed a financing for C$5 million (US$4.96 note in the aggregate principal amount of C$5 million and 500,000 common share purchase warrants. Each share purchase warrant is convertible into one common share of the corporation. Each share purchase warrant is convertible into one common share of the corporation.

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Financing Li-ion Energy Storage Lithium Ion 218

Green Car Congress

JANUARY 14, 2023

If finalized, LPO’s loan to the Rhyolite Ridge project would finance the on-site processing of lithium carbonate that could potentially support production of lithium for approximately 370,000 EVs each year.

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Nevada Manufacturer Corporation Carbon 199

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. The parties have entered into a securities purchase agreement and expect to close on the investment on or about 4 August 2023.

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South Korea Batteries Battery Li-ion 150

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.

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Norway Batteries Battery Financing 150

Green Car Congress

MARCH 11, 2021

Through the initiative in Narvik, the company contributes to the Norwegian government’s ambition that Norway should build a complete value chain for the utilization of hydrogen as an energy carrier. TECO 2030 ASA is evaluating various financing alternatives for the new giga factory. —Tore Enger, CEO of TECO 2030 ASA. Narvik Bay.

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Norway Hydrogen Fuel Production 243

Green Car Congress

JANUARY 31, 2022

Vulcan Energy Resources, the company developing Zero Carbon Lithium projects to produce both renewable geothermal energy and lithium hydroxide for electric vehicles from the same deep brine source in the Upper Rhine Valley, Germany, has signed a binding lithium hydroxide offtake agreement with LG Energy Solution (LGES).

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Energy South Korea Poland Lithium Ion 150

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.)

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Suzuki Financing Motor Motors 218

Teslarati

MARCH 28, 2024

Ford is cutting its F-150 Lightning production workforce by two-thirds as the company continues to try and ramp manufacturing of electric vehicles and work toward profitability. The Michigan Assembly plant is getting a third shift as Ford continues to lean on gas vehicle sales to bolster its finances.

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F-150 Ford Production Louisville 130

Green Car Congress

NOVEMBER 12, 2022

FREYR Battery announced the selection and purchase of a site in Coweta County, Georgia for its planned Giga America battery plant. The company is also evaluating value accretive upstream and downstream modules as well as additional cell production lines that are expected to bring total capital investments to more than $2.6

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Georgia Batteries Battery Tax Credit 150

Green Car Congress

APRIL 28, 2021

Ford announced a new global battery center of excellence—called Ford Ion Park—to accelerate research and development of battery and battery cell technology, including future battery manufacturing. —Hau Thai-Tang, Ford’s chief product platform and operations officer. This 200,000 sq.-ft.

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Ford Global F-150 Batteries 334

Green Car Congress

JUNE 8, 2022

The Stuttgart-based sports car manufacturer has agreed with the US company on a three-year cooperation aimed at establishing six companies from 2023 to 2025 with new business models in various areas of mobility. The startups will be minority owned by Porsche, with the option to purchase them entirely after three years.

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Porsche Los Angeles Building Financing 150

Green Car Congress

DECEMBER 17, 2020

In addition, Lightning eMotors is the only electric van manufacturer that supports wheelchair lifts, custom floor rails, and custom bus doors. We are the only manufacturer to offer a CARB-certified electric van in the Class 3 segment. Last week, Lightning eMotors and GigCapital3, Inc.,

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Batteries Battery Fuel Electric 448

Green Car Congress

JULY 6, 2021

Oliver Blume, CEO of Porsche, and Mate Rimac, CEO of Rimac, signed the corresponding agreements and announced the name of the new hypercar manufacturer: Bugatti-Rimac. Under the umbrella of the new company, the Bugatti and Rimac brands will initially produce two hypercar models: the Bugatti Chiron and the all-electric Rimac Nevera.

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Porsche Croatia Financing Electric 259

Teslarati

JANUARY 4, 2023

The automaker intends to increase its shareholding in Archer by purchasing stock in the open market. Besides capital, Stellantis will contribute its advanced manufacturing technology and expertise to Archer. The automaker aims to be Archer’s exclusive contract manufacturer for the eVTOL aircraft. Credit: Archer).

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Building Georgia Electric Electrical 144

Teslarati

NOVEMBER 1, 2021

Tesla China has announced a new “Financial Leasing” plan for more affordability as it offers the option of 0% down to purchase a vehicle, as well as several other financing options. Widespread EV adoption is already occurring in China, and Tesla is among the most popular manufacturers in the market.

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China Buy Tesla Financing 145

Green Car Congress

APRIL 1, 2020

Faced with the compelling need for more respirators, the French government asked a group of French industrial companies led by Air Liquide to study the possibility of increasing the production of respirators so as to provide 10,000 respirators in 50 days, between the beginning of April and mid-May.

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France Purchase Electric Electrical 411

My Energi

FEBRUARY 29, 2024

As part of the agreement, Hendy will promote the myenergi zappi as its charger of choice, with the two companies working closely together to accelerate the transition to electrification. There will also be options available to wrap the purchase and installation costs into their vehicle finance agreement.

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Land Rover Jordan Smart Charger Purchase 72

Blink Charging

NOVEMBER 9, 2023

The decision to purchase or lease electric vehicles (EVs) for your commercial fleet depends on several factors, such as whether you want to own your capital assets versus maintaining a more flexible cash flow. In addition to those, there are also hundreds of state and local EV purchasing incentives across the United States.

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Fleet Tax Credit Tax Financing 52

Green Car Congress

APRIL 21, 2022

Russia’s invasion of Ukraine and other recent developments, not least post-pandemic recovery, undermined Tsingshan’s short position, forcing the company to purchase nickel at increasing prices to cover the positions, and the LME to increase margin requirements for market participants.

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China Energy Indonesia Power Grid 416

Green Car Congress

JUNE 2, 2023

Tony Sage, Chairman of European Lithium, said the new facility, once operational, was expected to significantly reduce energy costs and deliver savings in Opex, in addition to lower Capex, for operations at the company’s Wolfsberg Lithium Project.

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Saudi Arabia Financing Australia BMW 170

Green Car Congress

SEPTEMBER 21, 2019

The order also directs the California Air Resources Board (ARB) to push automakers to produce even more clean vehicles, and to find ways for more Californians to purchase these vehicles on the new and used markets. California is also a major purchaser of products across its agencies.

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Climate California Emissions Standards 191

Green Car Congress

JUNE 10, 2022

Battery materials company Nano One and Rio Tinto have agreed to enter into a strategic partnership, with Rio Tinto providing iron and lithium products, collaboration and a US$10-million investment into Nano One. Each Warrant shall entitle Rio Tinto to purchase one Share at an exercise price of C$4.00

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Lithium Ion Canada Batteries Battery 199