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Ford, Ford Credit introduce sustainable financing framework prioritizing EV, clean production, community investments

Green Car Congress

Ford Motor Company and its financing subsidiary, Ford Motor Credit Company, introduced the North America auto industry’s first sustainable financing framework, focusing on and paying for ambitious plans in vehicle electrification and other environmental and social areas. Vigeo Eiris, an arm of Moody’s Corp.,

Financing 170
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Workhorse secures $200M in financing from institutional lenders

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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. The proceeds of the offering before expenses are expected to be approximately $194.5

Financing 186
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Group14 closes $18M in financing to scale-up silicon-carbon composite anode material

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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. Group14 Technologies manufactures novel lithium-ion battery materials that boost battery performance. —Bob Lutz, Group14 Board Member.

Financing 243
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Airbus and LM Industries create mobility startup Neorizon; digital manufacturing

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Current transport infrastructure and existing mass manufacturing are too inflexible and capital intense to service evolving technology trends and changing consumer demands. Neorizon brings together the flexibility of professional digital manufacturing and the expertise of one of the world’s leading aerospace and defense companies.

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Terra Motors partners Pooja Finelease Ltd. for electric vehicle financing

Electric Vehicles India

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 Corporation. for electric vehicle financing appeared first on Promoting Eco Friendly Travel.

Financing 101
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Waste-to-biofuels company Enerkem raises C$280M, its largest financing round

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In addition to new investors BlackRock and Sinobioway, existing investors also participated in this financing. This new and significant financing will help accelerate our growth and further expand project development and implementation. These RIN credits are purchased by US refiners to comply with the RFS program. Earlier post.).

Financing 199
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Li-ion battery-maker Farasis Energy raises $1B+ to accelerate global automotive battery manufacturing expansion

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Farasis Energy, a global developer and manufacturer of lithium-ion cells, modules and large battery systems, recently completed C-round financing exceeding 1 Billion US dollars. The compay will use the capital raised to accelerate the expansion of its global automotive battery manufacturing infrastructure.

Li-ion 239