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Gevo closes $68M Green Bond to finance RNG project

Green Car Congress

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. Some RNG may be used by Gevo as process energy in its Net-Zero 1 Project or Gevo’s other future Net-Zero projects. Gevo received approximately $9.3

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Cholamandalam sees rural demand boom in vehicle financing | Autocar Professional

Baua Electric

Cholamandalam Investment and Finance Company Limited, a major participant in India’s vehicle financing sector, reported a significant surge in demand, particularly in rural markets. However, management also expects margins to return to pre-pandemic levels in the foreseeable future.

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Mullen secures $150 million financing deal, production Bollinger is a go

Baua Electric

Commercial EV manufacturer Mullen has scored a $150 million capital infusion that will allow it to expand its domestic and international sales efforts – and put Bollinger’s beefy electric trucks into series production. FTC: We use income earning auto affiliate links.

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BMW Group to build future MINI E vehicles in China with Great Wall Motor

Green Car Congress

The BMW Group and Great Wall Motor have launched a new joint venture—Spotlight Automotive Limited—and are building a joint plant in China, where the BMW Group will produce future fully-electric models of its MINI brand. Jiangsu is also one of the leading provinces for finance, education and technology.

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UK accelerates end of sale of new gasoline and diesel cars to 2030, hybrids to 2035

Green Car Congress

UK Prime Minister Boris Johnson confirmed that the government will accelerate the ban on the sale of new gasoline and diesel vehicles, bringing it forward by ten years to 2030, as part of a “Green Industrial Revolution.” The sale of hybrid cars will be allowed until 2035.

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Faraday Future forced to delay deliveries, scrambles for cash

Teslarati

Faraday Future announced that it would push back deliveries of its first vehicles as it scrambles to secure more funding. Faraday Future never truly seems to be able to escape its whirlwind of issues, and even as it has implemented changes, those problems don’t seem to be ending. from its peak of $18.45.

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Arkema boosting Kynar PVDF production to meet Li-ion materials demand; targeting €1B in battery sales by 2030

Green Car Congress

Arkema now aims for sales of at least €1 billion in the battery sector by 2030. This Center of Excellence, which will help accelerate the development of advanced materials and processes for future generations of more efficient, safer and more compact batteries, was partly financed by the Région-Auvergne-Rhône-Alpes.

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