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Tesla investment in France gains support from Finance Minister

Teslarati

France’s Finance Minister, Bruno Le Maire, is optimistic that Tesla would decide to significantly invest in the country. The French Digital Minister Jean-Noel Barrot expressed France’s desire to be the home of Tesla’s next Gigafactory. “It Potential Tesla investments in France, including battery cell production.

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France had to ditch an EV leasing incentive program because it was too popular

Teslarati

France had to ditch an electric vehicle leasing incentive program that helped low-income households obtain zero-emission vehicles because it was too popular. France then upped the program to offer 50,000 vehicles after it had received more than 90,000 applications for the program. We have to do both.”

France 120
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Renault signs two major battery deals for production in France; Envision AESC and Verkor

Green Car Congress

The Renault Group has entered two major partnerships for the production of Li-ion batteries in France. Investing to build a new gigafactory in northern France, we aim to support the net zero carbon transition by making high performance, longer range batteries and EVs affordable and accessible for millions more motorists.

France 334
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BloombergNEF reports 11% year-on-year rise in renewable energy financing in the first half of 2022, for a total of $226B

Green Car Congress

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. The 2Q figure, at $3.9 billion raised, is the lowest quarterly total since 2Q 2020.

Financing 243
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Universal Hydrogen secures additional $62M in financing to accelerate first test flight of hydrogen-powered regional aircraft to 2022

Green Car Congress

Headquartered in Los Angeles, California, with an engineering center in Toulouse, France, and a flight test center in Moses Lake, Washington, Universal Hydrogen is rapidly growing its team. As early investors, we are proud to continue to support their efforts in any way we can. —Jim Adler, founding Managing Director of Toyota Ventures.

Hydrogen 397
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France rolls out the pink carpet for EV battery factories

Baua Electric

However France is catching up, partially because of its largesse in investment tasks in advance. 2 billion euros and assemble 3,000 jobs over future, France presented incentives usefulness greater than 1 billion euros ($1.1 To win the ProLogium solid-state battery plant, which is anticipated to contain a complete funding of five.2

France 52
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“Project Volt Gas Volt” proposes long-term financing plan to support widespread implementation of power-to-gas systems

Green Car Congress

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. Although they are targeting an initial implementation France, they see it as broadly applicable. Diagram: Isabelle Plat. Click to enlarge.

Volt 334