Green Car Congress

MARCH 3, 2022

Under the new plan, the company aims to boost annual global BEV sales to 1.87 million units and secure 7% of global market share by 2030 by strengthening its line-up with 17 new BEV models by 2030; 11 for Hyundai models and 6 for Genesis luxury brand. The innovation will be expanded to global plants in the future.

Hyundai 370

Hyundai Global Motor Motors 370

Electric Vehicles India

JULY 20, 2021

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. It focuses on establishing the foundation for a sustainable mobility industry globally.

Financing 101

Financing Electric Vehicles Motor Motors 101

Green Car Congress

JUNE 9, 2022

As part of the agreement the partners will offer aircraft leasing and financing solutions that enable operators to run zero-emission flights. MONTE and ZeroAvia aim to retrofit the aircraft for clients starting in 2024 and will provide and finance maintenance and hydrogen availability services to support these operations.

Hydrogen 370

Hydrogen Emissions Financing USA 370

Green Car Congress

MARCH 14, 2021

SEA Electric Holdings Pty Ltd. recently closed initial private placement equity financing for total gross proceeds of approximately US$42 million. SEA Electric was founded in Australia in 2012, with a proprietary electric power-system technology (known as SEA-Drive) for the world’s urban delivery and distribution fleets.

Commercial 259

Commercial Companies Los Angeles Vehicles 259

Green Car Congress

OCTOBER 13, 2022

An estimated 387GW/1,143GWh of new energy storage capacity will be added globally from 2022 to 2030, according to the forecast—more than Japan’s entire power generation capacity in 2020. The US and China are set to remain the two largest markets, representing more than half of global storage installations by the end of the decade.

Energy Storage 259

Energy Storage Global Market Energy 259

Green Car Congress

APRIL 28, 2021

Ford announced a new global battery center of excellence—called Ford Ion Park—to accelerate research and development of battery and battery cell technology, including future battery manufacturing. Plus, the all-electric Ford Transit is set to go on sale late this year and the all-electric F-150 arrives by mid-2022.

Ford 334

Ford Global F-150 Batteries 334

Green Car Congress

MAY 21, 2014

National Electric Vehicle Sweden (NEVS), the company resurrecting the Saab brand ( earlier post ), has halted production of its vehicles (currently at 6 units per day) while it sorts through financing issues and aligns its strategy with new OEM partners. This development will be done in cooperation with other global OEMs.

Financing 225

Financing Sweden Electric Vehicles Production 225

Green Car Congress

OCTOBER 6, 2021

Volvo Trucks received an order for 100 Volvo FM Electric trucks from DFDS, Northern Europe’s?largest The deal is the largest commercial order to date for Volvo electric trucks, and one of the largest yet for heavy electric trucks worldwide. DFDS has chosen a financing solution provided by Volvo Financial Services.

Volvo 435

Volvo North America Electric Electrical 435

EV Life

AUGUST 24, 2023

American EV manufacturer Rivian Automotive initially unveiled a prototype of its futuristic all-electric SUV—the R1S—at the Los Angeles Auto Show in November 2018. After battling supply chain issues due to the global pandemic, Rivian finally began fulfilling orders for the R1S in August 2022.

Financing 52

Financing Electric Vehicles Tax Credit Vehicles 52

Green Car Congress

MAY 31, 2020

The COVID-19 pandemic has set in motion the largest drop in global energy investment in history, with spending expected to plunge in every major sector this year—from fossil fuels to renewables and efficiency—the International Energy Agency said in a new report.

Global 344

Global Energy Coal 2020 344

Green Car Congress

JUNE 7, 2021

The report indicates that “ the G7 will need to assist emerging market and developing countries in tackling their greater debt and finance constraints that have resulted from the pandemic, and embark on programmes of green recovery and transformation ”. The report says that $1.5-1.7 It suggests that $1.4

Global 170

Global Stimulus Package Financing Stimulus 170

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. The Ashland, OR-based manufacturer designs and develops electric motorcycles. —Craig Bramscher, founder and CEO of Brammo.

Electric Motorcycles 230

Electric Motorcycles Financing Motorcycles North America 230

Green Car Congress

SEPTEMBER 23, 2021

6K, a developer of microwave plasma technology for the production of advanced materials for energy storage and additive manufacturing powders ( earlier post ), closed a $51M Series C financing round.

Manufacturer 170

Manufacturer Global Batteries Battery 170

Green Car Congress

OCTOBER 8, 2013

Fuji Electric Corp. to offer Financing Programs on their DC Quick Charging Stations for Electric Vehicles. The program offers zero-down, zero-interest financing in an effort to offset the cost of equipment and encourage small businesses to install charging stations at their sites. Earlier post.)

Financing 210

Financing Charging DC Installation 210

CleanTechnica EVs

MARCH 8, 2023

By Luvhrtz As a management consultant, I spend most of my working life playing with numbers and math in the areas of business development and finance. My analysis goals have always been to make use of data and computer models to better understand industry trends. With BEVs starting to go mainstream, we now have enough […]

Industrial 130

Industrial Industry Global Financing 130

Green Car Congress

SEPTEMBER 10, 2018

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

Li-ion Manufacturer Global Batteries 239

Green Car Congress

JULY 4, 2022

As the world contends with a global energy crisis, nuclear power has the potential to play a significant role in helping countries to securely transition to energy systems dominated by renewables, according to a new special report by the IEA. —IEA Executive Director Fatih Birol.

Russia 458

Russia Power Powered Emissions 458

Green Car Congress

DECEMBER 23, 2013

The global geothermal industry surpassed 12,000 MW of geothermal power operational, with about 600 MW of new geothermal power coming online globally, according to a year-end update by the Geothermal Energy Association (GEA). Vincent and the Grenadines, Taiwan, Thailand, Uganda, the United States, and Yemen.

Costa Rica 310

Costa Rica El Salvador Industrial Industry 310

CleanTechnica EVs

DECEMBER 2, 2021

A recent survey of 1,001 Australians by Savvy has revealed that 73% of respondents agree that moving to electric vehicles (EVs) is an important move to reduce CO2 emissions and keep global temperature rises to 1.5°C. The biggest obstacle to going electric is price, according to the survey.

Electric Vehicles 100

Electric Vehicles Financing Australia Purchase 100

Green Car Congress

OCTOBER 21, 2021

Allison Transmission will participate in the initial public offering (IPO) of Jing-Jin Electric (JJE), a leader in electric motor, inverter, and integrated electrified propulsion systems within China—the largest electric vehicle market in the world. Earlier post.).

North America 186

North America China Michigan 2008 186

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. —Scott Mercer, Founder and CEO of Volta.

Charging 417

Charging Financing Store Porsche 417

Green Car Congress

APRIL 2, 2021

ZeroAvia is launching the development program for a 2MW hydrogen-electric powertrain for full-size regional aircraft. Existing investors Breakthrough Energy Ventures, Ecosystem Integrity Fund, Summa Equity, Shell Ventures, and SYSTEMIQ also participated in the financing. The program kick-off is supported by a new raise of $24.3

Hydrogen 376

Hydrogen Commercial Electric Electrical 376

Green Car Congress

JULY 30, 2021

million in new financing. Surging global demand for electric vehicles (EVs) and other motorized devices has highlighted global dependency on the unsustainably-produced rare earth materials currently required for the magnets needed in electric drivetrains and motors.

Minnesota 482

Minnesota Commercial Clean Cleaning 482

Green Car Congress

MAY 25, 2022

Volvo Cars successfully placed its second green bond to raise €500 million from a diverse set of global investors. The bond was oversubscribed three-times, despite challenging global market conditions. Volvo Cars was the first established car maker to commit to full electrification and aims to sell only pure electric cars by 2030.

Volvo 329

Volvo Green Luxembourg Cars 329

Green Car Congress

SEPTEMBER 27, 2012

Fisker Automotive has completed the initial closing of its current equity financing, representing in excess of $100 million of new funding. This initial closing will provide the company with funding for continued product development, market expansion and a new global marketing campaign for the Fisker Karma extended range electric vehicle.

Fisker 225

Fisker Financing Karma Extended Range 225

Green Car Congress

JUNE 2, 2022

The road transport sector could still reach net-zero emissions by 2050 through electrification, but urgent action would be required from policymakers and industry participants, according to research company BloombergNEF’s (BNEF) latest annual Long-Term Electric Vehicle Outlook (EVO). million sold in 2021 to 21 million in 2025.

Transportation 473

Transportation Emissions Fleet Economy 473

Green Car Congress

DECEMBER 14, 2021

(ABIC), a special purpose acquisition company (SPAC), have entered into a definitive business combination agreement under which ABIC will combine with LiveWire, Harley-Davidson’s electric motorcycle division ( earlier post ), to create a new publicly traded company. LiveWire will also include STACYC, the all-electric balance bikes for kids.

Electric Motorcycles 418

Electric Motorcycles Motorcycles Companies Electric 418

Green Car Congress

MARCH 24, 2021

Volvo Group’s subsidiary Renault Trucks is pursuing its investment in electric mobility. From 2023, an all-electric Renault Trucks offer will be available for each segment, namely distribution, construction and long distance. To help meet the Paris Agreement’s goal of limiting global warming to less than 1.5 to 26 tonnes.

Range 459

Range Market Volvo Electric 459

Baua Electric

MARCH 27, 2024

Renault Nissan Technology Business Centre India – the global R&D arm of Renault Nissan Alliance in the country is executing almost 50% of its work for international operations. The company is working on several dozen global projects from hard-core product development to software solutions.

India 40

India Nissan Global Financing 40

Green Car Congress

MAY 14, 2021

AlphaStruxure , a provider of Energy as a Service (EaaS) solutions, announced an agreement to deploy an integrated microgrid and electric bus charging infrastructure project for Montgomery County, Maryland. AlphaStruxure is a joint venture between the Carlyle Global Infrastructure Opportunity Fund and Schneider Electric.

Maryland 381

Maryland Charging USA Fleet 381

Green Car Congress

NOVEMBER 23, 2022

Niron will use this financing to advance the commercial partnerships and pilot production of its rare earth-free Clean Earth Magnet, further demonstrating its potential to replace rare earth permanent magnets. One of the top 5 global wind turbine OEMs. Earlier post.). Today, these magnets rely on rare earth elements. 2019.165962.

Grant 345

Grant Production Wind Clean 345

Baua Electric

MARCH 13, 2024

Read more Volkswagen AG is planning to launch a product offensive of 30 new cars including both electric and ICE vehicles, in an attempt to offset the gloomy growth outlook. Volkswagen’s finance chief Arno Anlitz has revealed that the OEM’s deliveries to customers rose 12 per cent to 92.4 lakh units in 2023.

Global 52

Global Cars Mercedes Porsche 52

Green Car Congress

FEBRUARY 23, 2022

Cummins has entered into a definitive agreement to acquire Meritor, a global leader of drivetrain, mobility, braking, aftermarket and electric powertrain solutions for commercial vehicle and industrial markets. Cummins believes eAxles will be a critical integration point within hybrid and electric drivetrains.

Climate Change 429

Climate Change Commercial Financing Global 429

Green Car Congress

JUNE 2, 2013

Project Volt Gas Volt is based on a long-term financing plan and the use of existing technologies for the large-scale conversion of surplus renewable electricity to methane, with subsequent reuse. Project VGV uses surplus electricity generated by renewable and nuclear sources to produce hydrogen via electrolysis.

Volt 334

Volt Financing Gas Power 334

Green Car Congress

OCTOBER 8, 2022

With the launch of the Tiago.ev, India’s first electric hatchback, the nation can take a giant leap forward in the quest for safe, clean and green mobility. and Tata Passenger Electric Mobility Ltd. —Shailesh Chandra, Managing Director, Tata Motors Passenger Vehicles Ltd.,

Motor 435

Motor Motors Motoring India 435

Green Car Congress

MAY 12, 2020

Hyundai Motor Company is partnering with Incheon International Airport Corporation (IIAC), Air Liquide Korea and Hydrogen Energy Network (HyNet) to establish a hydrogen refueling station for fuel cell electric buses at Incheon Airport’s Terminal 2 by March 2021. In September 2019, Hyundai and Cummins Inc. Earlier post.).

Hyundai 377

Hyundai Hydrogen Motor Motors 377

Teslarati

FEBRUARY 26, 2024

company’s role in helping popularize and educate the public about electric vehicles (EVs). In an interview between Yahoo Finance and BYD Executive Vice President Stella Li on Monday, Li told the publication she thought the global EV market couldn’t have come to exist the way it does without Tesla.

BYD 114

BYD Tesla Financing Chinese 114