Teslarati

MAY 18, 2022

The signatures were marked at a ceremonial signing event to officially confirm Lucid and Saudi’s agreement to partner in EV manufacturing, a deal originally agreed upon in February. The Saudi Arabian government will then have the option to purchase an additional 50,000 cars. Lucid Group will receive up to $3.4

Saudi Arabia 98

Saudi Arabia Manufacturer Financing Climate Change 98

Green Car Congress

APRIL 5, 2023

Group14 Technologies, a global manufacturer and supplier of advanced silicon battery technology, has begun construction of a second commercial-scale US Battery Active Materials (BAM-2) factory in Moses Lake, WA, in support of domestic efforts to advance the electric vehicle (EV) market.

Commercial 199

Commercial Batteries Battery Porsche 199

EV Life

AUGUST 24, 2023

American EV manufacturer Rivian Automotive initially unveiled a prototype of its futuristic all-electric SUV—the R1S—at the Los Angeles Auto Show in November 2018. After battling supply chain issues due to the global pandemic, Rivian finally began fulfilling orders for the R1S in August 2022.

Financing 52

Financing Electric Vehicles Tax Credit Vehicles 52

Green Car Congress

DECEMBER 23, 2010

completed a financing for C$5 million (US$4.96 note in the aggregate principal amount of C$5 million and 500,000 common share purchase warrants. Each share purchase warrant is convertible into one common share of the corporation. Each share purchase warrant is convertible into one common share of the corporation.

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Financing Li-ion Energy Storage Lithium Ion 218

Green Car Congress

JANUARY 14, 2023

If finalized, LPO’s loan to the Rhyolite Ridge project would finance the on-site processing of lithium carbonate that could potentially support production of lithium for approximately 370,000 EVs each year. Earlier post.).

Nevada 199

Nevada Manufacturer Corporation Carbon 199

Green Car Congress

APRIL 21, 2022

The global push to convert the world to electric vehicles will cause supply chain complexities that could undermine the alternative energy transition in the United States, according to a new report from Rice University’s Baker Institute for Public Policy. This surge occurred mostly in China, driven by steel manufacturing.

China 416

China Energy Indonesia Power Grid 416

Green Car Congress

JANUARY 31, 2022

LGES is the second largest battery maker in the world with over 20% market share1 and supplies its products to leading global Original Equipment Manufacturers (OEMs). LGES is currently manufacturing lithium-ion batteries in Poland, US, China, and South Korea, and is looking at expanding its production capacity.

Energy 150

Energy South Korea Poland Lithium Ion 150

Green Car Congress

JULY 25, 2023

The parties have entered into a securities purchase agreement and expect to close on the investment on or about 4 August 2023. We believe our recently announced public equity raise, alongside our strategic financing and proposed partnership with Yulho, signifies a transformative moment for Aqua Metals.

South Korea 150

South Korea Batteries Battery Li-ion 150

Green Car Congress

DECEMBER 24, 2021

Syrah said that the agreement provides a compelling foundation to proceed with the initial expansion of Vidalia’s production capacity; Syrah plans to make a final investment decision for construction of this expanded facility in January 2022, subject to financing commitments. Balama mine operation in Mozambique.

Mozambique 221

Mozambique Louisiana Tesla Financing 221

Green Car Congress

SEPTEMBER 24, 2022

GM Ventures, the automaker’s investment arm, has made a strategic investment in Lithion Recycling’s Series A financing round, supporting a new GM-Lithion strategic partnership agreement to pursue a circular battery ecosystem using Lithion’s advanced battery recycling technology.

GM 218

GM Companies Batteries Battery 218

Green Car Congress

NOVEMBER 12, 2022

FREYR Battery announced the selection and purchase of a site in Coweta County, Georgia for its planned Giga America battery plant. Upon completion of all the contemplated construction phases, the Giga America complex is expected to be one of the largest battery cell manufacturing developments globally.

Georgia 150

Georgia Batteries Battery Tax Credit 150

Green Car Congress

NOVEMBER 17, 2022

billion financing transaction in exchange for a silicon carbide device capacity corridor. Under the multi-year agreement between BorgWarner and Wolfspeed, BorgWarner will be entitled to purchase up to $650 million of devices annually as BorgWarner requirements increase. —Frédéric Lissalde, President and CEO of BorgWarner.

North Carolina 186

North Carolina Purchase Financing Grant 186

Green Car Congress

JULY 6, 2021

Oliver Blume, CEO of Porsche, and Mate Rimac, CEO of Rimac, signed the corresponding agreements and announced the name of the new hypercar manufacturer: Bugatti-Rimac. Bugatti is contributing a tradition-rich brand, iconic products, a loyal customer base and a global dealer organisation to the joint venture. —Oliver Blum.

Porsche 259

Porsche Croatia Financing Electric 259

Green Car Congress

JUNE 10, 2022

This partnership and funding will accelerate Nano One’s multi-cathode (multi-CAM) commercialization strategy and support cathode active materials (CAM) manufacturing in Canada for a cleaner and more efficient battery supply chain for North American and overseas markets. —Dan Blondal, CEO of Nano One.

Lithium Ion 199

Lithium Ion Canada Batteries Battery 199

Green Car Congress

MARCH 3, 2022

Ford is continuing to transform its global automotive business, accelerating the development and scaling of electric, connected vehicles, while leveraging its nameplates to strengthen operating performance and take full advantage of engineering and industrial capabilities. Ford Model e and Ford Blue will also support Ford Drive mobility.

Ford 195

Ford Auto F-150 Connect 195

Green Car Congress

APRIL 1, 2021

WWF’s recent report, “ In Too Deep ,” shows the projected large-scale destruction of the seabed could affect global fisheries and threaten carbon and nutrient cycles in the ocean. The BMW Group aspires to be one of the most sustainable automotive manufacturers and has built high standards into its supply chains for this purpose.

BMW 186

BMW Germany Volvo Financing 186

Green Car Congress

JANUARY 8, 2014

During 2014, the global plug-in electric vehicle (PEV) industry is poised to grow by 86% and will surpass more than 346,000 new vehicles sold, according to a new white paper—“ Electric Vehicles: 10 Predictions for 2014 ”—published by Navigant Research. By 2022, not even California will meet the 10% ZEV requirement.

2014 346

2014 Global Sale Motorcycles 346

Teslarati

JANUARY 3, 2022

China announced that it would eliminate subsidies that encourage consumers to purchase electric vehicles by the end of 2022. Ford was the most recent, as the company delivered its first Mustang Mach-E in China, built at Changan, Ford’s Chongqing, China manufacturing plant. I’d love to hear from you!

China 145

China Electric Vehicles Vehicles Electric 145

Green Car Congress

APRIL 16, 2019

The investment forms part of Sila Nano’s $170-million Series E financing, which was led by Daimler. With the latest round of financing secured, Sila Nano has begun ramping up production volume and plans to supply its first commercial customers in consumer electronics within the next year.

Lithium Ion 249

Lithium Ion Li-ion Batteries Battery 249

Green Car Congress

OCTOBER 2, 2013

According to a new report from Navigant Research, there are now almost 64,000 public charging stations installed globally. Overall, Navigant Research expects global sales of electric vehicle supply equipment (EVSE) to grow from around 442,000 units in 2013 to 4.3 million in 2022, a compound annual growth rate (CAGR) of 28.8%.

Plug-in 225

Plug-in Market Global Charging 225

Green Car Congress

OCTOBER 9, 2018

Global clean energy investment was $67.8 We’re seeing more companies raising funds as they look to make the jump from concept cars to high-volume manufacturing. Looking at the third-quarter global investment figures by type, asset finance of utility-scale renewable energy projects came to $49.3 —Colin McKerracher.

Clean 259

Clean Cleaning Companies South Africa 259

Green Car Congress

MAY 21, 2012

billion from Wanxiang to finance and construct the first phase of a coal-to-natural gas facility that ultimately will have an annual production capacity of one trillion cubic feet (1 Tcf) (30 billion cubic meters) per year. As part of the transaction, GreatPoint Energy has raised equity investment and secured project funding of $1.25

Coal 225

Coal Gas Purchase Energy 225

Green Car Congress

NOVEMBER 17, 2014

announced plans to acquire the assets of a battery manufacturing plant with annual capacity of about 0.5 This is a transformational project for Electrovaya as it instantly brings manufacturing capacity to meet demand for the company’s energy storage products. Total purchase price is a small fraction of the tangible asset value.

Li-ion 231

Li-ion Energy Storage Lithium Ion Mariner 231

Green Car Congress

JUNE 5, 2014

A new report from Frost & Sullivan, “Strategic Analysis of Inductive Charging for Global Electric Vehicles (EV) Market,” finds forecasts the total market for inductive (wireless) charging will experience a compound annual growth rate of 126.6% from 2012 to 2020, with approximately 351,900 units likely to be sold.

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2020 2012 Charging North America 321

My Energi

NOVEMBER 16, 2022

According to recent data from the Society of Manufacturers and Traders (SMMT), more than 12,000 battery electric vehicles (BEVs) were registered nationwide in July. From battery systems failing and range figures plummeting, to planned obsolescence after your three-year finance deal is up, we’ve all heard the rumours. What used market?

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Cheap Financing Price Buy 133

The Truth About Cars

JANUARY 5, 2024

This article dissects the key drivers of this upward cost trajectory, centering on the effects of global supply chain disruptions and shifts in vehicle pricing. The Financial Breakdown Manufacturer's Suggested Retail Price (MSRP) The most recent YDC study discloses an average MSRP of $34,876 for new vehicles in 2023, marking a 4.7

Cost Of 52

Cost Of Financing Cars Price 52

Green Car Congress

JANUARY 23, 2014

Under the terms of the 15-year master off-take agreement, Vinmar has committed to purchase 100% of the BDO produced in a 100,000-ton-per-year capacity plant that BioAmber plans to build in North America and commission in 2017. The current size of the global BDO market is approximately $4 billion.

Houston 210

Houston North America Purchase Financing 210

Green Car Congress

SEPTEMBER 10, 2009

Several key issues will be finalized over the next few weeks to secure the binding agreements, including the written support of the labor unions to support the deal with the necessary cost restructuring for viability and the finalization of a definitive financing package from the German government.

GM 170

GM International Global Parts 170

Green Car Congress

JUNE 23, 2022

If the law were to establish negative bids in offshore wind tenders, financing wind farms would be more challenging and send the wrong pricing signals to the market by making wind power unnecessarily expensive, the companies said. RWE and ArcelorMittal intend to conclude long-term purchase agreements for both wind power and green hydrogen.

Wind 195

Wind Hydrogen Emissions Building 195

Teslarati

APRIL 26, 2022

Lucid Group announced today that it had reached an agreement with the Government of Saudi Arabia to purchase up to 100,000 electric vehicles from the automaker over ten years. The deal will start with an initial commitment of at least 50,000 vehicles with the option to purchase 50,000 additional cars over the same period.

Saudi Arabia 98

Saudi Arabia Fleet Sustainable Transportation United States 98

Green Car Congress

AUGUST 26, 2011

a US-listed and South American-based global exploration company in the lithium and minerals sector, executed a Securities Purchase Agreement with POSCO Canada Ltd., a wholly-owned subsidiary of South Korea-based POSCO, one of the largest steel manufacturers in the world. Li3 Energy, Inc.,

Energy 199

Energy South Korea Financing Purchase 199

Setec Powerr

APRIL 26, 2023

The global push towards sustainable energy and reducing carbon emissions has given rise to the popularity of electric vehicles (EVs). Manufacturer Sales Threshold One crucial change in 2023 is the reintroduction of the manufacturer sales threshold. As a result, you may qualify for better financing terms and lower interest rates.

Tax Credit 52

Tax Credit Tax Electric Cars Cars 52

Baua Electric

APRIL 28, 2024

Vinod Sahay who is President, Aerospace and Defence and Chief Purchase Officer, Auto and Farm Sectors (AFS), will now have additional responsibility for MTBD and CE. Sahay will be designated as President and Chief Purchase Officer (CPO) for AFS and President for Aerospace and Defence, MTBD and CE after May 31, 2024.

Pininfarina 40

Pininfarina India Purchase Jeep 40

Green Car Congress

MARCH 4, 2022

The Group expects to cut development time by about a quarter, increase the speed of new software releases and also significantly accelerate manufacturing processes in production. As part of its global electric offensive, Volkswagen will increase the share of its all-electric deliveries in Europe to more than 70%.

Production 195

Production Future Connect Connected 195

Green Car Congress

JULY 27, 2016

Founded in 1994, Broad-Ocean is a global manufacturer of motors that power small and specialized electric machinery for electric vehicles (EVs), including buses, commercial vehicles and passenger vehicles, and for heating, ventilation and air conditioning (HVAC). Zhongshan Broad-Ocean Motor Co.,

Motor 150

Motor Motors Motoring Fuel 150

Green Car Congress

DECEMBER 19, 2014

The global automotive industry is staged to experience $1 trillion of revenue growth over the next five years, Field said: from about $2 trillion today to about $3 trillion by the end of the decade. Our new global Ford Performance team ties together racing, performance vehicles and parts. That’s a tremendous amount of growth.

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Ford Connect Connected Global 268

Teslarati

FEBRUARY 6, 2023

Canoo ( NASDAQ: GOEV ) has announced that it will sell 50 million shares of its common stock to investment group Alliance Global Partners. Like many other EV startups, Canoo has consistently faced issues with financing. ” Currently, Canoo is establishing two manufacturing facilities in Oklahoma.

Production 87

Production Oklahoma Sale Oklahoma City 87