Green Car Congress

MAY 8, 2022

The acquisitions will provide Northern with 40-50,000 tonnes per year (tpy) of graphite production capacity in Québec and Namibia, which will make it the third-largest non-Chinese natural graphite producing company. the company paid Imerys approximately CDN$17.8 million in cash and issued to Imerys US$4 million worth of units.

Namibia 284

Namibia Chinese Companies Financing 284

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OCTOBER 13, 2020

million and will be used to increase and accelerate production volume, advance new products to market, replace previous higher cost financings, and support current working capital and other general corporate purposes. million outstanding principal amount of those notes for shares of the company’s common stock.

Financing 186

Financing Convert Corporation Price 186

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MARCH 7, 2022

Inceptio Technology, an autonomous driving truck technology and operation company ( earlier post ), closed a US$188-million Series B+ equity financing. This round of financing was jointly led by Sequoia Capital China and Legend Capital. Xuan Yuan was the given name of Huangdi, the legendary Yellow Emperor.).

Companies 259

Companies Financing China Supplies 259

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DECEMBER 10, 2022

The company will invest €60 million in the construction of its first production facility, called “Plant One”, of which €30 million comes from a European Investment Bank (EIB) loan facility. The plant will have a production capacity of 100 MWh. LeydenJar has demonstrated production of its anode material at pilot plant scale.

Companies 231

Companies Li-ion Financing Luxembourg 231

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JANUARY 27, 2022

Baidu’s intelligent electric vehicle arm JIDU has closed Series A financing, raising nearly $400 million. This round of financing was backed by Baidu and its strategic partner multinational auto manufacturer Zhejiang Geely Holding Group. Now, in the span of ten months, JIDU has received a new round of financing.

Companies 186

Companies Financing Cars Auto 186

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AUGUST 17, 2023

General Motors is leading a $60-million Series B financing round in Mitra Chem , a Silicon Valley-based, AI-enabled battery materials innovator. The company’s AI-powered platform and advanced research and development facility in Mountain View, California, will help accelerate GM’s commercialization of affordable electric vehicle batteries.

GM 195

GM Batteries Battery Companies 195

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MAY 23, 2023

NGHC has also concluded the engineering, procurement, and construction (EPC) agreement with Air Products as the nominated contractor and system integrator for the entire facility. Air Products has already awarded major contracts to various technology and construction partners.

Hydrogen 186

Hydrogen Green Companies Financing 186

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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

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JUNE 15, 2023

OXCCU, a company spun-out from the University of Oxford in 2021 that is focused on converting carbon dioxide and hydrogen into industrial and consumer products ( earlier post ), completed an £18-million (US$22.8 million) Series A financing round.

Carbon 418

Carbon Fuel Financing Hydrogen 418

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JANUARY 24, 2023

TAE Technologies , the world’s largest private fusion energy company, has spun-out a new subsidiary, TAE Power Solutions. TAE Power Solutions intends to deliver a novel technology to improve fundamentally the reliability, efficiency, longevity, and affordability of electric-powered products, from vehicles to renewable energy storage.

Fusion 250

Fusion Power Powered Companies 250

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NOVEMBER 10, 2020

received a purchase order for 500 of its all-electric C-1000 delivery vehicles from Pritchard Companies. Inventory financing will be provided by Hitachi Capital America as part of Workhorse’s previously announced strategic partnership with HCA. Workhorse Group Inc.

Purchase 418

Purchase Companies Financing Electric 418

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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 Earlier post.). Today, these magnets rely on rare earth elements.

Grant 345

Grant Production Wind Clean 345

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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

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FEBRUARY 4, 2021

Daimler plans a fundamental change in its structure, splitting into two independent pure-play companies: Mercedes-Benz Cars & Vans, and Daimler Truck, which will be a spin-off the current Truck and Bus business. It represents the start of a profound reshaping of the company. This is a historic moment for Daimler.

Companies 497

Companies Mercedes Cars North America 497

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SEPTEMBER 22, 2021

The partnership will further allow both parties to benefit from a global manufacturing presence and service networks to support customers in local markets. Together, the companies will further define product portfolio scope, manufacturing locations and supporting resources to be provided by each party.

Commercial 296

Commercial Global Market Vehicles 296

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NOVEMBER 25, 2019

Group14 Technologies announced $18 million in new financing from Amperex Technologies Limited (ATL), Showa Denko (SDK), Cabot Corporation, BASF Venture Capital, and OVP Venture Partners. The new funds will be used to scale-up manufacturing of a next-generation silicon-carbon composite anode material and advance into commercial production.

Financing 243

Financing Carbon Li-ion Lithium Ion 243

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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

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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

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SEPTEMBER 11, 2014

Start-up Liquid Light, a developer of process technology to make major chemicals from low-cost, globally-abundant carbon dioxide ( earlier post ), has closed a $15-million Series B financing. The financing was completed at a significant increase in company valuation.

Financing 218

Financing Light Companies CO2 218

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AUGUST 26, 2022

Mexico has formed a state-run company called Litio para Mexico (LitioMx) to mine the country’s lithium. President Andres Manuel Lopez Obrador made the announcement in a decree issued in the DOF (Diario Oficial de la Federación). Litio para Mexico will begin operations within the next six months.

Mexico 284

Mexico Companies Bolivia Congo 284

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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. In March 2020, Renault Trucks began series production of its second-generation of electric vehicles at the Blainville-sur-Orne plant.

Range 459

Range Market Volvo Electric 459

Teslarati

MARCH 18, 2024

Fisker will pause production of its electric vehicles (EVs) for six weeks, and the company also says it has received a financial commitment of up to $150 million amidst financial concerns. BusinessUpdate We have received a financing commitment of up to $150 million. million from its previous level of $395.9 million ending 2023.

Fisker 107

Fisker Production Financing Convert 107

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JUNE 29, 2023

Aemetis, a renewable natural gas (RNG) and renewable fuels company focused on negative carbon intensity products, announced that its Aemetis Biogas subsidiary is operating the Central Dairy Project production facilities 24 hours per day, seven days per week, and has exceeded the RNG production plan by approximately 20% during Q2 2023.

Production 195

Production Renewable Grant California 195

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. This amounts to 700 production employees. The post Ford cutting F-150 Lightning production workforce by two-thirds appeared first on TESLARATI.

F-150 132

F-150 Ford Production Louisville 132

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OCTOBER 15, 2021

The green hydrogen for the flight will be supplied using Universal Hydrogen’s modular fuel capsules that enable the delivery of hydrogen from the point of production directly to the aircraft using the existing freight network and airport cargo handling equipment without the need for any new infrastructure.

Hydrogen 397

Hydrogen Universal Financing Los Angeles 397

Teslarati

MARCH 25, 2024

As noted by the Chinese automaker in a post on Weibo, its 7 millionth NEV is an N7 SUV from the company’s premium sub-brand Denza. Denza was established as a joint venture between BYD and Daimler way back in 2011, but over the years, the Chinese NEV maker has taken a larger stake in the company.

BYD 117

BYD Energy Production Vehicles 117

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DECEMBER 1, 2021

BMW i Ventures announced a lead investment in the Series B financing round of actnano , a company that has developed a next-generation nanocoating that offers protection for electronics across the automotive and consumer electronics markets. —Kasper Sage, managing partner at BMW i Ventures.

BMW 186

BMW Companies North America Financing 186

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JULY 12, 2023

The pilot demo marked the first ever genset demonstration for our company. —Robert Schanz, ClearFlame Vice President, Research & Development Phase two testing in conjunction with ComEd, an Exelon company in Illinois will be the next step in the product development process. Earlier post.) Earlier post.)

Illinois 370

Illinois EPRI Clean Cleaning 370

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SEPTEMBER 28, 2020

a wholly owned investment company of Guangzhou Economic and Technological Development Zone. The manufacturing base is expected to commence production by December 2022, upon which Guangzhou GET Investment will lease it to an operating subsidiary of Guangdong Xiaopeng for a tenure of seven years.

Financing 170

Financing Manufacturer China Chinese 170

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JULY 31, 2014

Skeleton Technologies, a manufacturer of high power- and energy-density ultracapacitors ( earlier post ) has completed Round A financing of €3.9 The financing will be used for production scale-up and product development in addition to sales and marketing efforts. The company employs 28. million (US$5.4

Financing 247

Financing Manufacturer Estonia Germany 247

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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.).

Porsche 243

Porsche Chile Global Industrial 243

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DECEMBER 19, 2022

million) in another financing round. The proceeds of the investment round will accelerate the company’s growth and support the scaling and commercialization of Synhelion’s solar fuels technology. It uses the same amount of CO 2 for fuel production as is released during fuel combustion. Solar Upgrading. Earlier post.).

Solar 210

Solar Fuel Production Carbon 210

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MARCH 6, 2021

The technology can serve the fast-growing electrified vehicles and hydrogen transportation markets. The company has validated its competitive advantage in real-life applications and has shown strong commercial traction. million) Series D financing round announced by the company in November 2020. million ($48.5

Market 257

Market Lithium Ion Energy Storage Hydrogen 257

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JULY 11, 2017

Norsk Hydro will acquire Orkla’s 50% interest in Sapa—a 50/50 joint venture between Orkla and Hydro formed in 2013, and the world’s largest aluminum extrusion company. The combination will make Hydro the only global company in the aluminum industry that is fully integrated across the value chain and markets.

Global 150

Global Market Companies North America 150

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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 function is often vertically integrated with hydrogen production.

Financing 270

Financing Light Fuel Hydrogen 270

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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

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JANUARY 21, 2023

In parallel, the company is starting to contract preferred suppliers for the plants, potential customers for hydrogen and CO 2 , and companies that can provide waste of suitable quantity and quality. FUREC receives funding from the EU Innovation Fund, which is 100% financed by the EU Emissions Trading System (ETS).

Waste 448

Waste Hydrogen Grant Netherlands 448