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H2X Global secures US$57M from Verde Mobility to deliver on US$300M in fuel cell vehicle orders

Green Car Congress

Australia-based hydrogen fuel cell vehicle company H2X Global recently secured a US$57-million deal with US-based firm, Verde Mobility Inc., The funds will also support H2X Global’s planned listing on the London Stock Exchange. to fastrack H2X’s delivery of 800 hydrogen-powered vehicles.

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Volkswagen, Stellantis and Glencore backing ACG in $1B purchase of Brazilian nickel sulfide and copper mines

Green Car Congress

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. 20ktpa over a 12-year life of mine, at an average C1 cash cost of $1.37/lb

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The Escalating Costs of Owning a New Car

The Truth About Cars

These figures, derived from AAA's Your Driving Costs (YDC) dataset, which has consistently delivered information on the costs linked to new vehicle ownership for over seven decades, underscore the financial implications faced by new car owners. percent uptick from the preceding year. percent uptick from the preceding year.

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The Metals Company and Low Carbon Royalties form strategic partnership

Green Car Congress

to finance the development and production of low-carbon fuels and energy transition metals. TMC and LCR have agreed to a purchase and sale agreementwhereby LCR has acquired a 2.0% However, relative to other parts of the value chain, global investment in mining of energy transition metals is lagging.

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Octillion Power Systems debuts new EV battery-leasing plan

Green Car Congress

Octillion Power Systems, a global provider of advanced lithium-ion storage systems for electric mobility ( earlier post ), announced a new demonstrator program for battery-leasing that allows batteries to be leased to fleet customers when they purchase vehicles. —Paul Beach.

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Fisker opens reservations for Ocean SUV; cost starts as low as $379/month

Green Car Congress

opened reservations for the Ocean electric luxury SUV, arriving in 2022, through its website and native mobile app—available globally on the App Store and Google Play store. The Fisker app offers a flexible lease program, maintenance and repair on demand, insurance purchase to easy finance options. Fisker Inc.

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Bloomberg New Energy Finance forecasts plug-in electric vehicles could account for up to 9% of US auto sales in 2020 and 22% in 2030

Green Car Congress

million and 4 million vehicle sales respectively), according to research company Bloomberg New Energy Finance (BNEF). However, achieving such growth level will be dependent on two key factors: aggressive reductions in battery costs and rising gasoline prices. However, actual sales will be much lower and limited by vehicle availability.

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