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

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

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

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 terms of the equity transaction include a warrant giving NRG the right to purchase an additional 2.0 per annum for construction-period financing and 8.0%

Financing 244

Financing Energy Companies Carbon 244

Green Car Congress

MAY 27, 2013

a developer of technologies enabling the conversion of existing fleet vehicles into plug-in hybrid electric vehicles, completed a $3-million financing with United Fleet Financing, LLC, through a private placement offering and mezzanine financing. Echo Automotive, Inc., The terms of this note include conversion features at $0.55

Financing 218

Financing Conversion Companies PHEV 218

Green Car Congress

MARCH 11, 2021

TECO 2030 ASA plans to establish Norway’s first large-scale production of hydrogen-based fuel cells in Narvik in Northern Norway. 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.

Norway 243

Norway Hydrogen Production Fuel 243

Green Car Congress

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

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-150 110

F-150 Ford Production Louisville 110

Clean Fleet Report

AUGUST 9, 2022

Used-car buyers can now find nearly as many offers and choices as those looking for a new one, thanks to the huge popularity of car financing. Just remember to run a car history check before financing the vehicle to ensure it’s worth the money. Car dealerships may have the best financing deals. Dealer Finance for Used Cars.

Financing 82

Financing Re-Charge Cars Personal 82

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., Earlier post.).

Financing 236

Financing Industrial Industry Engine 236

Green Car Congress

DECEMBER 11, 2021

Purchased for approximately €31.5 The acquisition also includes 100% ownership of the Insheim production licence surrounding the Insheim Plant. The existing production well at Landau has the tested ability to produce at a rate of over 100 l/s, but an additional re-injection well is planned to help accommodate this flow.

Carbon 243

Carbon Companies Renewable Luxembourg 243

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

Green Car Congress

DECEMBER 25, 2021

In the future, we will have a high demand for green hydrogen and will also need imports in addition to production in Germany. The core idea of H2Global is a double-auction model: Hydrogen or hydrogen derivatives are purchased in non-EU countries at the lowest possible price with 10-year contracts via a competitive process.

Germany 382

Germany Hydrogen Green Climate Protection 382

Baua Electric

JANUARY 30, 2024

Ahead of its debut, Polestar is already offering a massive $7,500 purchase incentive on the new electric SUV. Nearly 55,000 Polestar 2 sedans were sold last year , but the company expects its electric SUV to make an even bigger impact. The discount is available “for all eligible lease, cash, and finance transactions.”

Purchase 52

Purchase South Carolina Sale Tax Credit 52

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. We’ve proven that we can successfully marry technology with performance and now we’re ramping up our efforts to deliver our unique products to the marketplace.

Electric Motorcycles 230

Electric Motorcycles Financing Motorcycles North America 230

Baua Electric

JUNE 1, 2023

Hewitt — an skilled used-car supervisor — is that specialize in the collect’s gross sales segment, generation Alalouf oversees mounted operations, accounting and finance. ” The transaction made sense for each purchaser and vendor, mentioned Jason Stopnitzky, co-founder of Irvine, Calif., within the U.S. .

Purchase 52

Purchase Store Buy Financing 52

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. Chevrolet initially announced in April that it would not be continuing production on the Bolt EV and Bolt EUV after 2023. Clean Vehicle Rebate Project (CVRP).

Chevrolet 52

Chevrolet Financing Electric Vehicles Tax Credit 52

Green Car Congress

APRIL 1, 2015

million) loan from a consortium of four French banks—BNP Paribas, Société Genéralé, CIC and Bpifrance—to complete the financing of its demo plant. This new financing will cover the purchase of a complete fermentation unit, comprising an inoculation fermenter, a propagation fermenter, and a 5,000L production fermenter.

Financing 150

Financing Global Installation 2008 150

Green Car Congress

MARCH 13, 2021

Seven companies from the GET H2 initiative in Europe want to build a cross-border pipeline for green hydrogen. By using green hydrogen in refineries, in steel production and for other industrial uses, the overall project should be able to avoid CO 2 emissions of up to 16 million tonnes by 2030.

Hydrogen 435

Hydrogen Green Europe Gas-Electric 435

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.

Global 195

Global North America Hydrogen Fuel 195

Green Car Congress

JULY 29, 2014

Exelon Corporation will provide equity financing for 21 megawatts (MW) of Bloom Energy solid oxide fuel cell (SOFC) projects at 75 commercial facilities in California, Connecticut, New Jersey and New York. Headquartered in Chicago, Exelon does business in 48 states, the District of Columbia and Canada.

Financing 210

Financing District of Columbia Commercial Energy 210

Green Car Congress

FEBRUARY 8, 2013

launched a dealer program that provides turnkey residential charging packages to consumers purchasing new electric vehicles (EVs) or plug-in hybrids (PHEVs) and allows them to finance the charger in combination with the vehicle at the time of sale. AeroVironment, Inc.

Dealers 218

Dealers Purchase Installation i-MiEV 218

Green Car Congress

MAY 21, 2020

Energy company SGH2 is bringing the world’s biggest green hydrogen production facility to Lancaster, California. The City of Lancaster will host and co-own the green hydrogen production facility, according to a recent memorandum of understanding. Hydrogen can also reduce and potentially replace natural gas in all applications.

Waste 448

Waste Hydrogen Green California 448

EV Life

OCTOBER 15, 2020

EV Life, a car site dedicated exclusively to electric vehicles, announced that it was 1 of 28 companies to win a CalSEED grant from the California Energy Commission (CEC). The average California driver qualifies for over $10,000 in EV rebates and tax credits, but incentives can take 12 to 18 months to recoup post-purchase.

Financing 98

Financing Grant Gas-Electric California 98

Green Car Congress

MARCH 8, 2021

are launching a new rare earth production initiative spanning European and North American critical material supply chains. The initiative will produce value-added rare earth products from natural monazite sands, a byproduct of heavy mineral sands mined in the southeastern United States. Neo Performance Materials and Energy Fuels Inc.

Energy 186

Energy Fuel Production Estonia 186

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.

France 411

France Purchase Electric Electrical 411

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.

South Korea 150

South Korea Batteries Battery Li-ion 150

Plug N Drive

APRIL 17, 2024

After much anticipation, Chrystia Freeland, Deputy Prime Minister and Minister of Finance, tabled the federal budget on April 16th in Ottawa. 608 million in new funding for EV purchase incentives for consumers through the existing Incentives for Zero-Emission Vehicles (iZEV) program. .

Canada 52

Canada Tax Credit Financing Tax 52

Green Car Congress

MARCH 19, 2014

In its Form 10-K (annual report) filed with the SEC on 17 March, cellulosic renewable fuels company KiOR said it has “ substantial doubts about [its] ability to continue as a going concern ”. Other than that commitment, however, Kior said it has no other near-term sources of financing. Earlier post.).

Columbus 225

Columbus Companies Mississippi Fuel 225

Green Car Congress

JUNE 30, 2022

billion based on visibility from export credit agencies, multilateral development finance institutions and commercial banking partners, exceeding management’s leverage target for the $1.7 Groundworks at the site are well advanced and the company has recently started casting foundation structures.

Norway 150

Norway Batteries Battery Financing 150

Teslarati

OCTOBER 7, 2021

The production and impending deliveries of the Rivian R1T may be catching most of the electric vehicle community’s attention these days, but it appears that the truck maker may actually have a different priority in the near term. In comparison, R1T production is anticipated to run “at a trickle,” at least in the near term.

Production 127

Production F-150 New Jersey Purchase 127

Teslarati

FEBRUARY 6, 2023

Like many other EV startups, Canoo has consistently faced issues with financing. In mid-2022, the company was even looking down the barrel of bankruptcy, and without last-minute orders of thousands of vehicles, the company would not be here today. However, volume production has not yet started.

Production 67

Production Oklahoma Sale Oklahoma City 67

Green Car Congress

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

Green Car Congress

MARCH 4, 2022

The Group expects to cut development time by about a quarter, increase the speed of new software releases and also significantly accelerate manufacturing processes in production. If the car is increasingly becoming an electrically driven software product, then its development must also evolve in all dimensions.

Production 195

Production Future Connect Connected 195

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).

Energy 150

Energy South Korea Poland Lithium Ion 150

Teslarati

MARCH 1, 2024

Tesla China has launched a series of new incentives on the Model 3 and Model Y for March, including discounts on paint, low-interest financing, and limited-time insurance programs. However, China is also a super competitive region for electric vehicles, and several domestic companies have worked extremely hard to dethrone Tesla.

China 75

China Tesla BYD Financing 75

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 SemiSolid platform enables capital and energy efficient production of lithium-ion batteries at scale. FREYR is planning to initiate detailed project engineering of Giga America in the coming months.

Georgia 150

Georgia Batteries Battery Tax Credit 150