Green Car Congress

AUGUST 23, 2010

trillion is spent annually on transport globally, mostly in ways that exacerbate rather than solve the problems associated with traffic growth, including congestion, health-harming air pollution, accidents, energy insecurity, and climate change. The report, A Paradigm Shift Towards Sustainable Low Carbon Transport , finds that more than $1.5

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Sustainable Transportation Financing Transportation Global 231

Green Car Congress

JUNE 2, 2022

Sales of internal combustion engine vehicles already peaked in 2017 and BNEF expects the global fleet of ICE passenger vehicles to start to decline in 2024. Electric vehicles are a powerful tool in reducing global CO2 emissions from the transport sector. Yet, the rising cost of batteries will not derail near-term EV adoption.

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Transportation Emissions Fleet Economy 473

Green Car Congress

JUNE 29, 2022

(MHI) has invested in Electric Hydrogen (EH2), a clean hydrogen startup headquartered in Natick, Massachusetts, to support its efforts in developing cost-competitive, fossil-free hydrogen. The investment was part of a $198-million financing. The investment has been executed through Mitsubishi Heavy Industries America, Inc.

Hydrogen 150

Hydrogen Clean Cleaning Mitsubishi 150

Green Car Congress

JUNE 14, 2023

Critical minerals mined at the Brazilian sites will be refined in Europe and North America and then supplied to car manufacturers, fortifying the EV supply chain in western countries. Both mines are long-life, low-cost and ranked within the first decile for carbon emissions amongst all nickel and copper producers worldwide.

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Purchase C1 Brazil North America 195

Green Car Congress

JULY 15, 2020

The vision for the ESGC is, by 2030, to create and sustain US global leadership in energy storage utilization and exports, with a secure domestic manufacturing base and supply chain that is independent of foreign sources of critical materials. Over the Fiscal Years 2017-2019, DOE has invested more than $1.2

Energy Storage 300

Energy Storage Energy United States Financing 300

Green Car Congress

JANUARY 6, 2020

After the US federal tax credit is applied, the cost of the Fisker Ocean drops to a starting price of US$29,999 (US). Fisker will also offer a “$0 drive off” option through a fully financed $2,999 down payment for credit-approved customers. Fisker is pricing its new Ocean electric SUV with an MSRP of US $37,499.

Tax Credit 243

Tax Credit Fisker SUV Tax 243

Green Car Congress

NOVEMBER 12, 2022

The company selected the Bridgeport Industrial Park site based on key operational, logistical, and financial criteria, including the suitability of the site to co-locate modular upstream and downstream projects with the Giga America cell manufacturing facility. FREYR evaluated 163 potentials sites in 25 states. billion through 2029.

Georgia 150

Georgia Batteries Battery Tax Credit 150

Green Car Congress

JULY 12, 2021

Enedym, a switched reluctance motor (SRM) spinout from McMaster University, closed a $15-million financing round from an international group of strategic investors within the US, Canada, Europe, and India, including P&A Paletta Giving Inc., TRIO Capital Group Inc., Napino Group, KWG Capital Inc., Earlier post.).

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Motor Motors Motoring Wind 321

Green Car Congress

MARCH 3, 2022

Ford is continuing to transform its global automotive business, accelerating the development and scaling of electric, connected vehicles, while leveraging its nameplates to strengthen operating performance and take full advantage of engineering and industrial capabilities. Ford Model e and Ford Blue will also support Ford Drive mobility.

Ford 195

Ford Auto F-150 Connect 195

Green Car Congress

JANUARY 16, 2020

As the lead investor in Joby’s $590-million Series C financing, Toyota is continuing to leverage emerging technologies to provide "Mobility for All.". In addition to investing $394 million in Joby, Toyota will share its expertise in manufacturing, quality and cost controls for the development and production of Joby Aviation’s eVTOL aircraft.

Toyota 307

Toyota Transportation Automobile Affordable 307

Green Car Congress

MAY 21, 2018

The electrification of road transport will move into top gear in the second half of the 2020s, due to tumbling battery costs and larger-scale manufacturing, with sales of electric cars surging to 28%, and those of electric buses to 84%, of their respective global markets by 2030. Annual global light duty vehicle sales.

Supplies 210

Supplies China Financing Global 210

Green Car Congress

OCTOBER 8, 2022

Tata Motors, India’s leading automobile manufacturer, launched the newest member of its EV family this past week: the Tiago.ev. It is an ideal fun hatch which offers premium, safety and technology features, eco-friendly footprint, spirited performance, all made even more desirable with the added advantage of a low cost of ownership.

Motor 435

Motor Motors Motoring India 435

Green Car Congress

OCTOBER 9, 2018

Global clean energy investment was $67.8 We’re seeing more companies raising funds as they look to make the jump from concept cars to high-volume manufacturing. Looking at the third-quarter global investment figures by type, asset finance of utility-scale renewable energy projects came to $49.3 —Colin McKerracher.

Clean 259

Clean Cleaning Companies South Africa 259

Baua Electric

FEBRUARY 2, 2024

By 2030, India could become the world’s largest electric vehicle market,” Goyal said at the inauguration of Bharat Mobility Global Expo 2024. Early-stage electric vehicle adoption is being aided by the government’s demand subsidy through the Faster Adoption and Manufacturing of (Hybrid and) Electric Vehicle (FAME) scheme.

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India Electric Vehicles Market Vehicles 52

Green Car Congress

JANUARY 8, 2014

During 2014, the global plug-in electric vehicle (PEV) industry is poised to grow by 86% and will surpass more than 346,000 new vehicles sold, according to a new white paper—“ Electric Vehicles: 10 Predictions for 2014 ”—published by Navigant Research. Tesla Motors will have a bumpy year. More than 1.9

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2014 Global Sale Motorcycles 346

Green Car Congress

NOVEMBER 17, 2014

announced plans to acquire the assets of a battery manufacturing plant with annual capacity of about 0.5 This is a transformational project for Electrovaya as it instantly brings manufacturing capacity to meet demand for the company’s energy storage products. Financing is planned through debt and grants. Electrovaya Inc.

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Li-ion Energy Storage Lithium Ion Mariner 231

Baua Electric

MARCH 30, 2024

In the ever-evolving landscape of electric vehicles (EVs), the battery stands as one of the most crucial and expensive components, significantly impacting the overall cost of ownership. With the phasing out of subsidies like the FAME II on March 31, 2024, the cost of EVs is expected to rise, posing a challenge to widespread adoption.

Batteries 52

Batteries Battery Affordable Maintenance 52

Green Car Congress

AUGUST 27, 2009

Scientists led by a former co-chair of the Intergovernmental Panel on Climate Change are warning warn that the UN negotiations aimed at tackling climate change are based on substantial underestimates of what it will cost to adapt to its impacts. But previous estimates of adaptation costs have substantially misjudged the scale of funds needed.

Climate Change 252

Climate Change Climate Cost Of London 252

Green Car Congress

OCTOBER 14, 2021

GenH2 will design and manufacture one of the world’s most advanced thermal testing devices, known as Cryostat-900. The DOE has awarded $6 million to finance the project, and Shell and CB&I Storage Solutions will both provide an additional $3 million each, for a total project fund of $12 million.

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Hydrogen Houston International Supplies 170

Green Car Congress

JUNE 5, 2014

A new report from Frost & Sullivan, “Strategic Analysis of Inductive Charging for Global Electric Vehicles (EV) Market,” finds forecasts the total market for inductive (wireless) charging will experience a compound annual growth rate of 126.6% from 2012 to 2020, with approximately 351,900 units likely to be sold.

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2020 2012 Charging North America 321

Green Car Congress

FEBRUARY 12, 2014

Haldor Topsøe A/S, a global market leader in catalysis and related process technologies, recently acquired 18% of the shares in sodium-ion battery technology company Faradion Ltd, based in Sheffield, UK. Other partners in the investment included Finance Yorkshire’s Seedcorn Fund and Rising Stars Growth Fund II LP.

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Sodium Li-ion Companies Batteries 199

Green Car Congress

MARCH 20, 2019

India is the centerpiece of Hyundai Motor Group’s strategy to gain leadership in the global mobility market and our partnership with Ola will certainly accelerate our efforts to transform into a Smart Mobility Solutions Provider. Hyundai and Kia will invest a total of US$300 million in Ola. Ola already hosts more than 1.3

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Hyundai Motor Motors Motoring 186

Green Car Congress

APRIL 20, 2011

PRTM projects that the global EV value chain will likely be greater than US$250 billion by 2020. Driven by four global megatrends—reducing CO 2 emissions, oil concerns, growing congestion, and rapid technology advances—countries worldwide are focusing strongly on vehicle electrification. Click to enlarge.

China 199

China Global Supplies Vehicles 199

Teslarati

JANUARY 18, 2023

Alliance Global Partners would be acting as the placement agent for Arcimoto’s offering. The design, manufacture, sale, and servicing of vehicles is a capital-intensive business. In its filing, Arcimoto noted that it is looking to sell 4,000,000 shares of common stock at just $3 each.

Oregon 98

Oregon Convert Financing Affordable 98

Setec Powerr

APRIL 26, 2023

The global push towards sustainable energy and reducing carbon emissions has given rise to the popularity of electric vehicles (EVs). One such incentive is the electric car tax credit, designed to help offset the initial cost of EVs for buyers. As a result, you may qualify for better financing terms and lower interest rates.

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Tax Credit Tax Electric Cars Cars 52

Get Electric Vehicle

JANUARY 8, 2022

Electric vehicles are catching on, and lithium-ion battery pack and cell prices are declining, despite a global pandemic, a global semiconductor shortage, significant shortages of numerous things, and increased prices on practically everything. In 2010, the average cost of a lithium-ion battery pack was $1,200 per kWh.

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Price Batteries Battery Lithium Ion 98

Green Car Congress

JULY 27, 2016

Founded in 1994, Broad-Ocean is a global manufacturer of motors that power small and specialized electric machinery for electric vehicles (EVs), including buses, commercial vehicles and passenger vehicles, and for heating, ventilation and air conditioning (HVAC). Zhongshan Broad-Ocean Motor Co.,

Motor 150

Motor Motors Motoring Fuel 150

Green Car Congress

AUGUST 8, 2018

Velocys is pursuing a USDA loan guarantee that could apply up to $200 million of debut as part of the total installed cost of the project. Velocys has engaged the global leading project finance bank, Sumitomo Mitsui Banking Corporation (SMBC), as the lender of record and as its financial advisor.

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Mississippi Waste Fuel Renewable 170

Green Car Congress

JANUARY 28, 2016

European ultracapacitor manufacturer Skeleton Technologies received a €4-million (US$4.4-million) Skeleton Technologies’ devices are the only ultracapacitors to use a patented graphene material in their manufacture, allowing them to deliver twice the energy density and five times the power density of their competitors, the company said.

2020 150

2020 Companies Energy Storage Financing 150

Baua Electric

MARCH 5, 2024

BYD India witnesses around 60-70 percent of its sales through retail financing, while 25 percent of its overall volumes come from referrals. While it is working on curating some EV buyback plans for its customers, BYD India says the aspect of battery recycling, and cost of a salvageable battery need to be ascertained.

India 52

India BYD Market E6 52

Green Car Congress

OCTOBER 27, 2015

Ballard intends to use the proceeds from the financing for general corporate purposes, including potentially funding of future acquisitions or investments in complementary businesses, products or technologies. The deal is expected to close in early November 2015. Earlier post.). Earlier post.).

Hydrogen 150

Hydrogen 2015 Carbon Financing 150

Green Car Congress

NOVEMBER 21, 2014

billion (US$106 billion) in new models, innovative technologies and its global presence in its Automotive Division over the coming five years. Investments in property, plant and equipment, investment property and intangible assets, excluding capitalized development costs (capex) in the Automotive Division will amount to €64.3

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Poland 2018 2019 2015 317

Green Car Congress

SEPTEMBER 28, 2018

For only then are we able to finance key future investments from operating activities and thus secure today’s jobs for the future. Compared with annual factory costs of approximately 10 billion euros, the annual investment volume is approximately 2.5 And there is also room for improvement in standardizing our global production network.

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Production 2010 Future Financing 207

Green Car Congress

NOVEMBER 22, 2013

Alongside investments in property, plant and equipment, the plans also include capitalized development costs of €19.5 The increase in capitalized development costs as against previous planning is due to upfront investments in connection with the Group’s CO 2 targets. Market Background Vehicle Manufacturers' billion (US$26.4

China 199

China Germany 2018 2014 199

Baua Electric

APRIL 21, 2024

Earth Day is now a global event each year, and over a billion people across 192 countries now take part in what is the largest civic-focused day of action in the world. The shift to eco-friendly electric mobility is underway globally. In CY2023, global sales of electric vehicles (EVs) scaled a new high – over 13.6

Emissions 52

Emissions Pollution India Climate 52

Get Electric Vehicle

SEPTEMBER 25, 2022

The country’s focus must be on shared, connected, and electrified transportation, Kant stated at the annual meeting of the Automotive Component Manufacturers Association of India (ACMA). As a result, the overall cost of ownership of an EV is already lower. ” Said, Kant.

Auto Industry 40

Auto Industry Industrial Industry India 40

Electric Vehicles India

MAY 6, 2021

However, due to the global pandemic in India, the demand for ride-hailing has been decreased and in some few years, it seems to be similarly affected. As there was no sufficient financial incentives for electric vehicles (BEVs) provided and the cost of electric vehicles and fast charging opportunity. billion, $52.5 billion) by 2024.

Fleet 52

Fleet India Suzuki Tax 52