Green Car Congress

OCTOBER 9, 2013

million in Series C financing. The company also announced the formation of a new Industry Advisory Board, and its selection as a semi-finalist in the Securing America’s Future Energy (SAFE) Energy Security Prize. Achates Power, Inc.,

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Green Car Congress

JULY 12, 2021

Enedym, a switched reluctance motor (SRM) spinout from McMaster University, closed a $15-million financing round from an international group of strategic investors within the US, Canada, Europe, and India, including P&A Paletta Giving Inc., TRIO Capital Group Inc., Napino Group, KWG Capital Inc.,

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Motor Motors Motoring Wind 321

Green Car Congress

DECEMBER 12, 2022

Our goal is to create and shape a new premium segment in the international market for battery cells. —,Dirk Abendroth, CEO of the Customcells Group. Porsche, a second existing investor, also took part in the financing round. Existing investor Vsquared Ventures once again increased its stake in the company.

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Lithium Ion Porsche Financing Batteries 210

Green Car Congress

DECEMBER 23, 2010

completed a financing for C$5 million (US$4.96 This financing provides valuable working capital for future growth, including certain strategic initiatives. Board member of Chrysler Group, joined Electrovaya in March 2010 as a member of the Board Directors. Canada-based Li-ion battery maker Electrovaya Inc. Clarence J.

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Financing Li-ion Energy Storage Lithium Ion 218

Green Car Congress

MARCH 7, 2021

International precious metals mining company Sibanye-Stillwater has entered into an investment agreement with Finnish lithium miner Keliber Oy. Future lithium hydroxide production has not been committed to any offtake party. The project financing would include both a debt and equity component.

Finland 243

Finland Batteries Battery Financing 243

Green Car Congress

JANUARY 13, 2023

Graphex Technologies LLC, the US subsidiary of Graphex Group Limited, and Northern Graphite Corporation announced that Graphex will participate in Northern’s previously announced selection process for a site suitable for the construction of a large-scale graphite processing facility in Baie-Comeau, approximately 420 km north-east of Québec City.

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North America America Supplies Commercial 259

Green Car Congress

JUNE 2, 2016

One week after the Volkswagen Group announced a US$300-million strategic investment in global ride hailing provider Gett ( earlier post ), the two companies laid the cornerstone for their strategic partnership at a kick-off event at the DRIVE Volkswagen Group Forum in Berlin. —Gett founder and CEO Shahar Waiser. —Ole Harms.

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Europe Automobile Germany London 150

Green Car Congress

MAY 11, 2016

PSA Group and Dongfeng Motors (DFM) have deepened their strategic partnership with the signing of a new agreement to design an electric version of the Common Modular Platform (CMP), which they have been developing jointly since April 2015. PSA Peugeot Citroën and Dongfeng Group (DFG) entered their strategic partnership in March 2014.

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2019 Design Global Motor 150

Green Car Congress

OCTOBER 14, 2021

A consortium of public, private and academic experts led by Shell International Exploration and Production, Inc. Shell), a subsidiary of Royal Dutch Shell plc, is working to enable large-scale liquid hydrogen (LH 2 ) storage for international trade applications. —Yuri Sebregts, Chief Technology Officer for Shell.

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Hydrogen Houston International Supplies 170

Green Car Congress

MAY 5, 2022

To deliver to customers including Porsche subsidiary Cellforce Group, Group14 plans to break ground on its second commercial-scale battery active materials (BAM) factory in the US to stay ahead of demand from markets reliant on high-performing batteries. The battery cells are the combustion chamber of the future. —Lutz Meschke.

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Porsche South Korea Lithium Ion Energy Storage 150

Green Car Congress

NOVEMBER 29, 2019

Furthermore, measures taken in the context of Audi.Zukunft are to free up approximately €6 billion for future investments by 2029. —Alexander Seitz, Board of Management Member for Finance, China and Legal Affairs at Audi AG. “. —Alexander Seitz, Board of Management Member for Finance, China and Legal Affairs at Audi AG. “.

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Audi Electric Electrical Financing 199

Green Car Congress

FEBRUARY 18, 2021

The partnership with AVL has already resulted in bringing to production the TECO Future Funnel, a complete exhaust gas cleaning system. Financing alternatives are being evaluated. TECO 2030 originates from the TECO Maritime Group, which has provided technology and service to the global shipping industry for more than 25 years.

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Norway Hydrogen Fuel Building 468

Green Car Congress

DECEMBER 3, 2020

Some €17 billion of that, amounting to half of the investment sum, is allocated to future technologies alone. The necessary finances are created by synergies in the Volkswagen Group—in both the e-platform strategy and in software development. They secure the technological leadership of the Group.

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Audi Hybrid Environment Porsche 261

Green Car Congress

FEBRUARY 28, 2019

International oil companies (IOCs) are likely to face a Black Swan scenario, which could end up being a boon for state-owned oil companies (NOCs). Increased shareholder activism, combined with global warming policies of institutional investors and NGOs, are pushing IOCs in a corner, constricting financing options for oil companies.

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Oil Industrial Industry Financing 231

Green Car Congress

APRIL 29, 2016

In his remarks at the Annual Media Conference, where the Group presented 2015 results, Matthias Müller, Chairman of the Board of Management of Volkswagen AG, said that 2016 will be a year of transition for Volkswagen, and will also see the accelerated transformation of the company. The Volkswagen Group delivered 9.9 Earlier post.)

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2015 2016 Sale Russia 150

Green Car Congress

NOVEMBER 24, 2009

Koenigsegg Group AB has terminated the agreement for its proposed purchase of GM’s Saab. Many have worked tirelessly over the past several months to create a sustainable plan for the future of Saab by selling the brand and its manufacturing interests to Koenigsegg Group AB. —Fritz Henderson. Earlier post.)

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Purchase GM Automobile Financing 199

Green Car Congress

OCTOBER 24, 2011

Saying that “ investment-grade climate change and clean energy policy is required to shift private sector investment from high-carbon to low-carbon assets ”, a group of 285 investors has urged governments and international policy makers to take new and meaningful steps in the fight against climate change.

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Climate Change Climate Global Energy 360

Teslarati

FEBRUARY 29, 2024

Swedish electric performance carmaker Polestar recently announced that it has secured $950 million in external funding from a group of international banks. It also addresses a notable portion of Polestar’s projected financing needs. The funding was announced by Polestar in a press release.

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South Carolina Financing USA SUV 67

Baua Electric

APRIL 27, 2023

In another resolution, Philipp von Hirschheydt (48) was appointed new Executive Board member for the Automotive group sector effective May 1, 2023. As planned, Setzer will thus hand over his additional responsibility for the Automotive group sector in order to concentrate on his duties as CEO. Wolfgang Reitzle said. “I

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Auto Ecuador 2009 2002 40

Green Car Congress

MAY 3, 2011

and Saab Automobile AB (Saab Automobile) have signed an agreement with Hawtai Motor Group Company Limited (Hawtai). Our driver-oriented vehicles appeal to a whole new group of independently thinking customers who appreciate Saab’s advanced designs, safety and responsible performance. Spyker Cars N.V.

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Automobile Motor Motors Motoring 186

Green Car Congress

APRIL 20, 2021

For the Neue Klasse, the BMW Group is developing the next generation of its battery technology. With the Neue Klasse, the BMW Group is aiming at the level of state-of-the-art internal combustion engines in terms of range and manufacturing costs. Earlier post.). All of this will be created in a European value chain.

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BMW Grant Batteries Battery 170

Green Car Congress

SEPTEMBER 24, 2013

Chrysler Group LLC has filed a registration statement on Form S-1 with the US Securities and Exchange Commission (SEC) relating to a proposed initial public offering of common shares. Chrysler said it will deploy electric power steering across the entire lineup in future years. Details of the offering—i.e., Transmissions.

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Chrysler Light Hybrid Dodge 268

Green Car Congress

NOVEMBER 13, 2019

China-based Xpeng Motors has closed a US$400-million Series C capital funding from a group of strategic and institutional investors. The P7 will be the first to implement Internet Finance Authentication Alliance (IFAA) standards-compliant authentication digital car key technology. Xpeng Motors achieved numerous milestones this year.

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Chinese Motor Motors Motoring 199

Green Car Congress

FEBRUARY 28, 2022

The other Rosneft director nominated by bp, former bp group chief executive Bob Dudley, is similarly resigning from the board. Impact on reporting and finances. This will result in two material changes to bp’s financial reporting and finances in the results for the first quarter of 2022. billion a year on average through 2025.

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Russia Ukraine 2013 Financing 186

Teslarati

MAY 18, 2022

Lucid Group announced today that it has signed a contract with several Saudi Arabian government agencies that locks in plans for a production facility with an annual capacity of 155,000 units. Lucid Group will receive up to $3.4 billion in aggregate over the next 15 years to build the facility in Saudi Arabia, it said.

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Saudi Arabia Manufacturer Financing Climate Change 98

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. Neogi added that the RNTBCI base manages the entire backend accounting for the entire Renault group from its Tamil Nadu base.

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India Nissan Global Financing 40

Green Car Congress

JULY 24, 2018

Accordingly, we signed with LG Chem earlier this month our fourth supply agreement and we are currently negotiating the final terms of a fifth agreement with Northvolt and that puts us at more than 90% of our future lithium hydroxide and lithium carbonate production already committed. Further to the recent completion of a CAD1.1-billion

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Financing Canada Installation Lithium Ion 150

Green Car Congress

JULY 25, 2009

The European Investment Bank (EIB) will grant financing of up to €300 million (US$426 million) to Valeo for its current research projects aiming to reduce the fuel consumption and CO 2 emissions of cars and improve active safety. Tags: Europe Financing Policy Vehicle Manufacturers. Earlier post.) billion (US$4.8

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Financing Emissions Fuel 2008 150

Green Car Congress

JULY 22, 2009

Green Car Congress attended the Renewable Energy Finance Forum - Wall Street (REFF-Wall Street) conference (23-24 June) sponsored by Euromoney Energy Events and the American Council on Renewable Energy (ACORE). Renewable energy projects are frequently financed with project rather than corporate finance. by Bill Cooke.

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Cars That Think

DECEMBER 14, 2021

The group has released a series of videotaped interviews with industry professionals, researchers, and policymakers working on challenges in Africa, India, Indonesia, and Mexico. The continent has the lowest number of Internet connections , according to the International Finance Corp.

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Indonesia Connect Connected Africa 138

Green Car Congress

NOVEMBER 17, 2021

In addition, Southwest and Velocys have established a long-term strategic relationship as a part of the offtake agreement, potentially advancing future Velocys SAF-producing facilities and allowing Southwest first-offer rights to purchase significant volumes of SAF from such facilities. Off-take agreement with IAG.

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Carbon Tax Credit Purchase Mississippi 170

Baua Electric

JANUARY 10, 2024

At the Vibrant Gujarat Global Summit 2024, Switch Mobility Ltd, a next-generation manufacturer of carbon-neutral electric buses and light commercial vehicles, and part of the Hinduja Group, flagged-off of its double-decker bus, Switch EiV 22. The inauguration was conducted by Shri.

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Cleaner Lithium Ion Transportation Financing 52

Green Car Congress

DECEMBER 6, 2011

VTES will be integrated into Valeo’s Powertrain Systems Business Group with immediate effect. Our automotive customers wanted clarity about future plans for the VTES product and a sale to Valeo was the best solution to enable our VTES technology to reach its full potential. —CPT CEO Nick Pascoe“.

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Power Powered Downsizing Electric 326

Green Car Congress

DECEMBER 13, 2013

The group intends to exploit what it sees as a market window from 2015 to 2020 in which new technologies are being demanded to achieve new EU CO 2 targets applying to vehicle manufacturers’ overall fleets. The integration of Flybrid and Torotrak provides a platform for a joint development and commercial launch of M-KERS, Torotrak said.

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2015 Commercial Financing Hybrid 247

Green Car Congress

JANUARY 23, 2014

BioAmber Inc, an industrial biotechnology company producing sustainable chemicals, has signed a take-or-pay contract for bio-based 1,4-Butanediol ("BDO") with Vinmar International. To date, BioAmber has validated the high quality of its bio-based BDO with more than 20 purchasers of petroleum BDO.

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Houston North America Purchase Financing 210

Green Car Congress

MAY 29, 2018

The project faced significant opposition from environmental groups, resulting in significant delays; Kinder Morgan had set a 31 May deadline to decide if it would proceed with the expanded line. This is an investment in Canada’s future. —Bill Morneau, Minister of Finance. Background.

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Canada Oil-Sands Buy Oil 199

Green Car Congress

DECEMBER 23, 2016

Enel, as coordinator, and Austria’s main utility Verbund are collaborating on a fast-recharging network project in Italy and Austria, alongside some of the world’s largest EV carmakers including Renault, Nissan, BMW and Volkswagen Group Italia (represented by Volkswagen and Audi).

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