Financing Related Topics 
Clean Fleet Report
AUGUST 9, 2022
Used-car buyers can now find nearly as many offers and choices as those looking for a new one, thanks to the huge popularity of car financing. Just remember to run a car history check before financing the vehicle to ensure it’s worth the money. Dealer Finance for Used Cars.
Innovation News Network
JANUARY 25, 2023
Queensland Pacific Metals Ltd is making great progress with its debt financing initiatives for its northern Australian-based TECH Project. The post QPM’s TECH Project debt financing process advancing well appeared first on Innovation News Network.
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Green Car Congress
OCTOBER 29, 2021
ClearFlame Engine Technologies , a startup developing net-zero engine technology ( earlier post ), has secured $17 million in Series A financing, which will enable commercialization of the company’s innovative engine technology for the long-haul trucking, agriculture and power generation sectors. The financing was led by Breakthrough Energy Ventures with participation from Mercuria, John Deere and Clean Energy Ventures.
Green Car Congress
APRIL 16, 2021
has closed a $68,155,000 “Green Bond” private activity bonds offering to finance the construction of its renewable natural gas (RNG) project in Northwest Iowa. million in reimbursement for development, long lead equipment, and financing costs incurred during the development period upon closing of the Green Bond Offering. Gevo, Inc.
Green Car Congress
AUGUST 2, 2022
Nissan Motor is launching a sustainable finance framework to help fund its next-generation electrified vehicles, batteries, environmental technologies, and new mobility services. Proceeds from the Nissan Sustainable Finance Framework will also be used to support projects in Nissan’s use of renewable energy, clean manufacturing systems, EV re-charging infrastructure, battery re-use, and autonomous-drive technologies.
Green Car Congress
OCTOBER 25, 2022
The Asian Development Bank (ADB) mobilized a $135-million climate financing package for VinFast Trading and Production Joint Stock Company (VinFast) for manufacturing Vietnam’s first fully-electric public transport bus fleet and first national electric vehicle (EV) charging network.
Green Car Congress
JULY 13, 2020
recently completed a $50-million Series C financing round funded by Moore Strategic Ventures, LLC, the private investment vehicle of Louis M. Cowen acted as the company’s sole advisor and placement agent on the financing. Fisker Inc. Bacon. The proceeds will be used to support the next phase of engineering work on the Fisker Ocean all-electric luxury SUV, due for launch in 2022. Fisker also named Burkhard Huhnke as chief technology officer (CTO) of Fisker Inc.
Teslarati
JULY 7, 2022
Fisker has announced that through its mobile app, customers will soon be able to finance their vehicle via a partnership with JPMorgan Chase Bank in the US or Santander Bank in Europe. In addition to finance, the app will also be updated to allow customers to make other purchases.
EV Info
MARCH 12, 2021
Latest research from Specialist Car Finance Experts, Forza Finance , has revealed that BMW is the most popular luxury car brand to finance in 16 of Europe’s 44 countries including the UK & Ireland based on finance rather than sales or units. Porsche dominates the luxury car finance industry in the neighbouring eastern European countries of Hungary, Ukraine and Romania. Forza – Car Finance Map of Europe Infogram.
Electric Cars Report
FEBRUARY 6, 2023
Faraday Future, a California-based electric vehicle startup, announced a series of definitive agreements for financing, as well as an important modification to a major provision in the terms of the warrants in the original FF secured financing agreements.
Green Car Congress
JULY 18, 2022
There was also a strong interest in financing options: Of the respondents interested in electric cars, 66% of the German and 65% of the American study participants stated that they would purchase the vehicle via a financial product (financing, leasing or car subscription). The most popular financing option in all markets is financing (GER: 48%; US: 60%, CN: 58%). Digital offers for car financing options are gaining in importance.
Green Car Reports
JANUARY 15, 2021
General Motors is offering 0% APR financing for 72 months on used Chevrolet Bolt EV electric cars and Chevy Volt plug-in hybrids, reports CarsDirect, which cited a bulletin sent to dealerships last week. If you're considering a used electric car, now might be a good time to spring into action.
Innovation News Network
OCTOBER 1, 2022
The post French Government finance €114m for McPhy Gigafactory project appeared first on Innovation News Network. The French Government will provide €114m in funding to McPhy Energy to ramp up the development of its Gigafactory project.
Green Car Congress
DECEMBER 12, 2022
IG Metall, Germany’s largest union as well as Europe’s largest industrial union, warns that at Hüttenwerke Krupp Mannesmann (HKM), the switch to climate-neutral steel production is may fail due to the lack of financing.
Green Car Congress
OCTOBER 13, 2020
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. With this financing in place, we can more quickly advance our production efforts heading into 2021 by increasing our supply chain component volumes, hiring more manufacturing employees and automating certain sub-assembly processes. Workhorse Group Inc.,
Green Car Congress
OCTOBER 15, 2021
Universal Hydrogen closed a $62-million new funding round; the oversubscribed round was completed less than six months after the company’s Series A ( earlier post ), bringing total raised to $85 million.
Electric Cars Report
OCTOBER 1, 2022
Electric motorcycle manufacturer Zero Motorcycles announced the completion of a new $107 million round of financing. The financing saw participation from strategic partners Polaris, Exor and Hero MotoCorp and financial investors including long-time backer Invus and other undisclosed investors.
Electrek
AUGUST 2, 2022
The post Faraday Future news suggests financing may be coming soon appeared first on Electrek. Faraday Future is no stranger to financial struggles. After a series of unfortunate events, the EV start-up is pushing back the release of its production model, the FF 91.
Green Car Congress
NOVEMBER 18, 2020
Broader collaboration among key stakeholders and a new generation of finance solutions will be needed to electrify trucks and buses at scale by 2050, according to a report released today by Environmental Defense Fund (EDF), MJ Bradley and Vivid Economics. —“Financing the Transition”.
Electrek
JUNE 7, 2022
Today Lucid Motors announced a new digital financing platform called Lucid Financial Services to provide lease and loan purchase options to Air EV customers in the United States. The financing options are provided through a strategic relationship between Lucid Group and Bank of America.
Green Car Congress
NOVEMBER 5, 2021
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. The potential positive environmental and social influence of projects described in Ford’s sustainable financing framework earned an “advanced” rating—the highest possible—from Vigeo Eiris.
CN EV Post
OCTOBER 19, 2022
The post BYD partners with local bank to provide auto financing in Brazil appeared first on CnEVPost. BYD, which officially entered the Brazilian passenger car market last December, expects to have a presence in 45 cities in the country by the end of this year.
Electrek
DECEMBER 7, 2022
Autonomous and EV freight technology company Einride announced its future has been hardened by $500 million in financing. The post Einride secures half a billion in additional financing to support its autonomous freight EVs appeared first on Electrek.
Green Car Congress
AUGUST 2, 2022
Wind project financing was up 16% from 1H 2021, at $84 billion. Both sectors have been challenged recently by rising input costs for key materials such as steel and polysilicon, as well as supply chain disruptions and rising financing costs.
Teslarati
JUNE 10, 2022
Tesla’s list prices for its vehicles have not experienced a notable rise recently, but the EV maker has initiated a more subtle price increase for its financed vehicles nonetheless. As could be seen in Tesla’s online payment calculator, the featured financing rate is now 3.74% APR, a 0.5%
Electrek
JANUARY 20, 2022
Tesla has launched a new financing option for its Solar Roof with lower monthly payments as the company tries to make the product more affordable. more… The post Tesla launches new financing option for Solar Roof with lower monthly payments appeared first on Electrek.
CN EV Post
NOVEMBER 27, 2022
The post Chinese auto chip maker SemiDrive closes $140 million Series B+ financing appeared first on CnEVPost. SemiDrive currently has four series of products with an annual output of one million chips.
InsideEVs
DECEMBER 12, 2022
The money will help Einride develop an autonomous electric freight mobility ecosystem and expand to new markets and clients
Electrek
DECEMBER 8, 2021
California-headquartered SunPower (Nasdaq:SPWR) announced today that it’s launched SunPower Financial, which means that customers working with SunPower to buy rooftop solar and storage no longer need a third-party lender to obtain and manage financing.
Green Car Congress
JUNE 30, 2015
Battery-eletcric bus manufacturer Proterra has completed a $55M strategic financing. In conjunction with the equity financing, Proterra completed a debt financing in an amount up to $25 million with Hercules Technology Growth Capital. In addition, the Hercules debt facility expands Proterra’s access to working capital, a critical component of growth financing as production volume increases.
Baua Electric
AUGUST 29, 2022
However finances constraints can usually maintain you out of your dream automotive. The post 5 automotive options you possibly can simply skip if purchasing on a finances appeared first on Bauaelectric Auto News.
Electrek
JULY 11, 2022
The post Chase bank launches EV education website to help customers find and finance a new vehicle appeared first on Electrek. We might have to start looking over our shoulder (but not really), because Chase has launched a new website to educate the masses about EVs.
Green Car Congress
MAY 10, 2014
a leading renewable technology, chemical products, and next generation biofuels company, has closed a private debt financing with Whitebox Advisors LLC consisting of a senior secured term loan exchangeable into senior secured convertible debentures. The term loan is exchangeable into convertible debentures within 90 days of the closing of the financing, subject to certain ownership limitations. million in convertible debentures within 90 days of closing of the Financing.
CN EV Post
AUGUST 1, 2022
The financing would be the latest round for Jidu since late January and could mark the introduction of additional backers besides Baidu and Geely, a Bloomberg report said. The post Jidu said to be seeking $400 million in financing at valuation of about $3.5
Green Car Congress
FEBRUARY 6, 2014
UQM Technologies, a developer of and manufacturer of power-dense, high-efficiency electric motors, generators and power electronic controllers for the automotive, commercial truck, bus and military markets, completed a $5.3-million capital raise through institutional investors. A major emphasis for UQM is developing propulsion systems for electric, hybrid electric, plug-in hybrid electric and fuel cell electric vehicles.
CN EV Post
AUGUST 1, 2022
This is IM Motors' first public financing from other investors, reaching a post-investment valuation of nearly RMB 30 billion ($44). The post IM Motors closes Series A financing as cumulative deliveries reach 1,051 appeared first on CnEVPost.
Teslarati
JUNE 8, 2022
Elon Musk’s efforts to secure new financing that will limit his cash contribution for his planned acquisition of social media platform Twitter has reportedly been put on hold.
CN EV Post
AUGUST 16, 2022
The latest financing brings Sunwoda EVB's valuation to about RMB 30 billion and takes it one step closer to a spin-off IPO. billion in new financing appeared first on CnEVPost.
CN EV Post
AUGUST 2, 2022
Avatr Technology, previously known as Changan NIO, closed a new round of financing, increasing Changan's stake and decreasing both CATL's and NIO's shareholdings. The post Avatr closes Series A financing, NIO's stake diluted to less than 1% appeared first on CnEVPost.
Electrek
JULY 6, 2022
Saleen Automotive has launched a new shady financing effort to bring the company back from the dead, and the legendary car tuner is dangling modified Tesla vehicles in the process again.
Green Car Congress
NOVEMBER 25, 2019
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.
Teslarati
DECEMBER 7, 2021
Lucid Group ( NASDAQ: LCID ) has announced that it has selected Bank of America as its preferred lending partner, giving customers the opportunity to apply for financing services for a seamless and stress-free experience.
Electric Vehicles India
JULY 20, 2021
for electric vehicle financing. India’s leading non-banking finance company for electric vehicle financing. for electric vehicle financing appeared first on Promoting Eco Friendly Travel. Terra Motors partners Pooja Finelease Ltd.
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