Green Car Congress

NOVEMBER 23, 2022

Niron will use this financing to advance the commercial partnerships and pilot production of its rare earth-free Clean Earth Magnet, further demonstrating its potential to replace rare earth permanent magnets. One of the top 5 global wind turbine OEMs. Earlier post.). Today, these magnets rely on rare earth elements. 2019.165962.

Grant 345

Grant Production Wind Clean 345

Baua Electric

APRIL 15, 2024

China already has enough battery manufacturing capacity to supply all global EV production, according to Bloomberg New Energy Finance. China’s declared 2023 battery production alone was close to the actual global demand, according to BNEF, which notes that the U.S.,

Global 52

Global China Batteries Battery 52

Green Car Congress

OCTOBER 20, 2022

billion to 21 projects to expand domestic manufacturing of batteries for electric vehicles (EVs) and the electrical grid and for materials and components currently imported from other countries. billion will go to 11 projects in the materials separation and processing segment of the supply chain. Earlier post.) Of that, $1.6

Parts 459

Parts Batteries Battery Lithium Ion 459

Green Car Congress

JULY 26, 2021

The financing round was led by LDV Partners and Alpha JWC Ventures. Venti provides autonomous systems such as tug-trailers for goods movement in manufacturing yards, warehouses, and logistics hubs; self-driving prime movers for the transport of shipping containers; and small luxury community transports.

Transportation 321

Transportation MIT Supplies Market 321

Green Car Congress

AUGUST 31, 2022

Additionally, the companies have agreed to form a downstream joint venture in which Nidec will hold a super-majority to provide integrated industrial scale ESS solutions to customers globally. —Tom Einar Jensen, FREYR CEO.

Li-ion 150

Li-ion Supplies Norway Energy Storage 150

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

JUNE 22, 2023

billion to BlueOval SK LLC (BOSK) for the construction of three manufacturing plants to produce batteries for Ford Motor Company’s future Ford and Lincoln electric vehicles. BOSK is a joint venture between Ford Motor Company (Ford) and SK On, a global leading Korean EV battery manufacturer. Earlier post.)

Ford 150

Ford Kentucky Tennessee Batteries 150

Green Car Congress

JUNE 17, 2020

The European Investment Bank (EIB) has signed a €125-million loan with Umicore, the Belgian-based global materials technology and recycling group, to finance part of the greenfield production facility for cathode materials in Poland. The EIB recently reaffirmed its commitment to financing projects across the entire value chain.

Poland 243

Poland Lithium Ion Batteries Battery 243

Green Car Congress

JULY 14, 2021

Volkswagen Group executives laid out the basics of the new Group strategy “NEW AUTO – Mobility for Generations to Come”, which will see the Group realign from being a from vehicle manufacturer to a leading, global software-driven mobility provider. Like the MEB today, the SSP will be open to other auto manufacturers.

Manufacturer 435

Manufacturer Auto Fleet Future 435

Green Car Congress

SEPTEMBER 27, 2019

The EV Taxis are supplied by Geely Auto Group and the financing for the vehicles was provided locally by Sichuan Tianfu Bank Co Ltd. This initial order of 15,000 EV taxis is part of an agreement to supply a total of 89,000 EV taxis (now 93,000 taxis, with the additional 4,000 assumed from a third-party).

Taxi 191

Taxi Supplies Financing 2019 191

Green Car Congress

MARCH 7, 2023

T&E used publicly available information to assess the 50 gigafactories announced in Europe based on their finance and permits, whether they had secured a location, and the companies’ links to the US. EU battery manufacturing is caught in the crossfire between America and China. Europe must act or risk losing it all.

Companies 430

Companies Batteries Battery Production 430

Green Car Congress

APRIL 10, 2021

Syzygy Plasmonics, a technology company developing a high-performance photocatalyst for the industrial gas, chemical and energy industries, announced a $23-million Series B financing led by Horizons Ventures with participation from new global investors including Equinor Ventures. of global greenhouse gas (GHG) emissions.

Hydrogen 221

Hydrogen Manufacturer Production Universal 221

Green Car Congress

OCTOBER 13, 2021

Norway-based FREYR Battery has formed a 50:50 joint venture in the United States with Koch Strategic Platforms (KSP) to develop an initial 50 GWh of Gigafactory-scale battery cell manufacturing capacity in the US based on 24M Technologies (24M) SemiSolid platform technology ( earlier post ).

Lithium Ion 305

Lithium Ion Norway Convert Financing 305

Green Car Congress

MARCH 22, 2022

billion over the next five years in the North American region (NAR) (Canada, Mexico, United States) to boost its product portfolio, regional R&D and manufacturing capabilities. This approach reflects the company’s emphasis on American consumer demands, while scaling Volkswagen Group’s global vehicle platforms (MEB and future SSP).

North America 195

North America America Manufacturer San Jose 195

Green Car Congress

NOVEMBER 27, 2021

Cornish Lithium said that securing long-term investment from TechMet is a significant step forward that allows it to accelerate its activities towards creating a domestic supply of lithium and other battery metals for the UK. The investment is the first that Cornish Lithium has secured from a financial institution. Source: Cornish Lithium.

Financing 419

Financing Water Li-ion Lithium Ion 419

Green Car Congress

JULY 30, 2021

million in new financing. Surging global demand for electric vehicles (EVs) and other motorized devices has highlighted global dependency on the unsustainably-produced rare earth materials currently required for the magnets needed in electric drivetrains and motors.

Minnesota 482

Minnesota Commercial Clean Cleaning 482

Green Car Congress

NOVEMBER 13, 2022

The global net zero transition can represent a $3.5-trillion By then, the combined share of renewables in electricity supply reaches 74%. Due to its wealth of nickel resources, Indonesia has already attracted plans for 25 gigawatt-hours of battery manufacturing capacity.

Indonesia 195

Indonesia Coal Lithium Ion Asia 195

Green Car Congress

JANUARY 14, 2023

The US Department of Energy’s (DOE) Loan Programs Office (LPO) has offered a conditional commitment to lend up to $700 million to Ioneer Rhyolite Ridge LLC to develop a domestic supply of lithium carbonate for electric vehicle (EV) batteries from the Rhyolite Ridge Lithium-Boron Project (Rhyolite Ridge) in Esmeralda County, Nevada.

Nevada 199

Nevada Manufacturer Corporation Carbon 199

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

Green Car Congress

JUNE 2, 2022

Sales of internal combustion engine vehicles already peaked in 2017 and BNEF expects the global fleet of ICE passenger vehicles to start to decline in 2024. Electric vehicles are a powerful tool in reducing global CO2 emissions from the transport sector. Last ICE in 2038.

Transportation 473

Transportation Emissions Fleet Economy 473

Green Car Congress

MAY 21, 2018

The electrification of road transport will move into top gear in the second half of the 2020s, due to tumbling battery costs and larger-scale manufacturing, with sales of electric cars surging to 28%, and those of electric buses to 84%, of their respective global markets by 2030. Annual global light duty vehicle sales.

Supplies 210

Supplies China Financing Global 210

Green Car Congress

APRIL 18, 2020

IHS Markit is forecasting that global commercial vehicle production (GVW 4-8) volumes in 2020 compared to 2019 will be down 22% (more than 650,000 units) to 2.6 These forecasts are informed by the latest IHS Markit global economic forecast updates, which reflect a 3.0% decline in global real GDP in 2020.

2020 191

2020 Commercial Global Production 191

Green Car Congress

SEPTEMBER 11, 2022

The project will convert spodumene concentrate sourced principally from Piedmont’s international project investments to expand significantly the US supply of lithium hydroxide, a key component in the manufacturing of EV batteries. Conceptual design of the 30,000 TPY Tennessee Lithium plant.

Tennessee 243

Tennessee Ghana North Carolina Financing 243

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 two entities also entered a recent agreement that would see Lucid supply the Saudi Arabian government with up to 100,000 EVs over ten years.

Saudi Arabia 98

Saudi Arabia Manufacturer Financing Climate Change 98

Green Car Congress

JUNE 14, 2023

Critical minerals mined at the Brazilian sites will be refined in Europe and North America and then supplied to car manufacturers, fortifying the EV supply chain in western countries. Royal Gold, a major precious metal stream and royalty investor, has committed $250 million in royalty finance across both Atlantic Nickel and MVV.

Purchase 195

Purchase C1 Brazil North America 195

Green Car Congress

MAY 3, 2021

EnergyX) has secured commitments of $20 million in financing. Rising global demand for electric vehicles and economic energy storage systems has led to projections showing an orders-of-magnitude increase in demand for lithium. In 2020 global supply was roughly 315k tons; this is expected to rise to 5.5M Earlier post.)

Companies 448

Companies Lithium Ion Energy Storage Cleaner 448

Green Car Congress

MAY 10, 2023

The project also contemplates competitive long-term financing from Glencore to fund Li-Cycle’s share of the capital investment. The black mass processed at the Portovesme Hub is expected to be supplied from Li-Cycle’s growing Spoke network in Europe and through Glencore’s commercial network.

Li-ion 186

Li-ion Europe Lithium Ion Batteries 186

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

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 15, 2020

The vision for the ESGC is, by 2030, to create and sustain US global leadership in energy storage utilization and exports, with a secure domestic manufacturing base and supply chain that is independent of foreign sources of critical materials. Over the Fiscal Years 2017-2019, DOE has invested more than $1.2

Energy Storage 300

Energy Storage Energy United States Financing 300

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

MAY 4, 2020

The A$300 million (US$193 million) Advancing Hydrogen Fund will be administered by the Clean Energy Finance Corporation (CEFC). CEFC finance remains central to filling market gaps, whether driven by technology, development or commercial challenges. The CEFC Advancing Hydrogen Fund will draw on existing CEFC finance.

Hydrogen 286

Hydrogen Financing Australia Renewable 286

Green Car Congress

MARCH 7, 2021

Europe is rapidly becoming a leading hub for the manufacture of batteries for electric vehicles and Keliber’s location in Finland enables efficient transport of lithium hydroxide to European customers. The project financing would include both a debt and equity component.

Finland 243

Finland Batteries Battery Financing 243

Green Car Congress

DECEMBER 14, 2021

LiveWire will be able to operate as an agile and innovative public company while benefitting from the at-scale manufacturing and distribution capabilities of its strategic partners, Harley-Davidson and KYMCO. This transaction will give LiveWire the freedom to fund new product development and accelerate its go-to-market model.

Electric Motorcycles 418

Electric Motorcycles Motorcycles Companies Electric 418

Teslarati

APRIL 8, 2022

Ford announced it has officially started shipping production units of its all-electric E-Transit van to customers across Europe, aligning with its goals to electrify its business globally. The post Ford launches the E-Transit in Europe, electrifying business productivity globally appeared first on TESLARATI.

Ford 106

Ford Europe Global Production 106

Green Car Congress

MARCH 17, 2020

The Blockchain Lab has moved forward with initiatives for using blockchain technology including, to date, verifying the usefulness of the technology through demonstration trials, and global collaboration with Group companies.

Toyota 286

Toyota Corporation Financing Connect 286

Green Car Congress

DECEMBER 21, 2020

Group14 Technologies, a developer of a micronized silicon-carbon powder, tunable by design and drop-in ready, has secured $17 million in Series B funding led by SK Materials, one of the world’s top manufacturers of special gases and industrial gases, with participation from returning investor OVP Venture Partners.

Lithium Ion 170

Lithium Ion Li-ion Production Washington 170