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Opposed-piston engine company Achates Power raises $35.2M in Series C Financing; new industry advisory board

Green Car Congress

the developer of a family of two-stroke compression-ignition opposed-piston engines ( earlier post ), has finalized $35.2 million in Series C financing. The Series C financing follows a $19-million Series B round in 2009 and brings the total raised by Achates Power to nearly $90 million since its 2004 founding. Diesel Engines'

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The First Things You Must Do After Purchasing a New EV

Clean Fleet Report

The First Things You Must Do After Purchasing a New EV The Essential Steps To Take with a New Car This article may contain affiliate links. Purchasing one can be both an exhilarating and daunting experience, but it’s also full of important tasks that need to be done before they slip through the cracks. Congratulations!

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ZeroAvia and MONTE strike deal for 100 hydrogen-electric powertrains to enable zero-emission aircraft leasing

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As part of the agreement the partners will offer aircraft leasing and financing solutions that enable operators to run zero-emission flights. Under the deal, MONTE will purchase up to 100 ZA600 powertrains to be installed on existing and new Cessna Caravan, DHC-6 Twin Otter, Dornier 228 and HAL-228 aircraft.

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Argonne study finds BEVs can have lowest scheduled maintenance costs, but highest cost of driving

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The study considers five different powertrains (internal combustion engine, hybrid-electric, plug-in hybrid-electric, fuel-cell-electric, and battery-electric) and 12 cost components (purchase cost, depreciation, financing, fuel, insurance, maintenance, repair, taxes, registration fees, tolls and parking, payload capacity and labor).

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EV charging network builder Volta announces $125M in Series D funding

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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.

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Global Bioenergies obtains €4.4M loan to complete financing of demo plant, begins construction

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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.

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EPA launches first $500M funding opportunity for $5B Clean School Bus Program

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Eligible recipients are: State or local governmental entities responsible for providing school bus service to one or more public school systems; or for the purchase of school buses. Non-profit school transportation associations. Non-profit school transportation associations.

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