Green Car Congress

MAY 10, 2022

European Commissioner for Internal Market Thierry Breton and European electrolyzer manufacturers last week met in Brussels to discuss how to increase industry’s capacity to produce electrolyzers used to produce clean hydrogen. Today, industry agreed to a tenfold increase in electrolyzer manufacturing capacities in Europe.

Manufacturer 366

Manufacturer Hydrogen Russia Clean 366

Green Car Congress

JULY 16, 2023

Ohmium International, a green hydrogen company that designs, manufactures, and deploys advanced Proton Exchange Membrane (PEM) electrolyzers, announced a strategic collaboration with Aquastill , one of the leaders in modular membrane distillation technology that uses the sustainable power of waste heat for desalination.

Hydrogen 150

Hydrogen Green Waste Clean 150

Green Car Congress

MAY 25, 2022

Volvo Cars successfully placed its second green bond to raise €500 million from a diverse set of global investors. The €500-million, 6-year fixed rate senior unsecured green bond was issued under Volvo Cars’ Euro Medium Term Note program. The bond was oversubscribed three-times, despite challenging global market conditions.

Volvo 329

Volvo Green Luxembourg Cars 329

Green Car Congress

DECEMBER 12, 2022

IG Metall, Germany’s largest union as well as Europe’s largest industrial union, warns that at Hüttenwerke Krupp Mannesmann (HKM), the switch to climate-neutral steel production is may fail due to the lack of financing. The French pipe manufacturer Vallourec SA wants to give up its 20% stake in HKM and withdraw from Germany.

Financing 221

Financing Climate Conversion Production 221

Green Car Congress

NOVEMBER 5, 2021

Ford Motor Company and its financing subsidiary, Ford Motor Credit Company, introduced the North America auto industry’s first sustainable financing framework, focusing on and paying for ambitious plans in vehicle electrification and other environmental and social areas. Vigeo Eiris, an arm of Moody’s Corp.,

Financing 170

Financing Ford Clean Cleaning 170

Green Car Congress

JANUARY 25, 2021

The STEAG power station in Duisburg-Walsum, the site for the construction of a large-scale green hydrogen generation system. ©euroluftbild.de/Hans In the coming years, thyssenkrupp Steel’s climate strategy will entail a continuously increasing and constant demand for green hydrogen. ©euroluftbild.de/Hans Hans Blossey.

Hydrogen 482

Hydrogen Green Climate Economy 482

Green Car Congress

APRIL 15, 2022

PEM electrolyzer company Ohmium International closed a $45-million Series B financing round. The funds will support Ohmium’s rapid growth plan to quadruple hydrogen manufacturing capacity from 500 MW annually to approximately two GW annually by the end of 2022. Green hydrogen will play a critical role in our clean energy future.

Manufacturer 225

Manufacturer Companies India Hydrogen 225

Green Car Congress

JULY 18, 2022

There was also a strong interest in financing options: Of the respondents interested in electric cars, 66% of the German and 65% of the American study participants stated that they would purchase the vehicle via a financial product (financing, leasing or car subscription). This is followed by subscription (32%) and leasing (26%).

Financing 186

Financing Germany Purchase Personal 186

Green Car Congress

JULY 31, 2014

Skeleton Technologies, a manufacturer of high power- and energy-density ultracapacitors ( earlier post ) has completed Round A financing of €3.9 The financing will be used for production scale-up and product development in addition to sales and marketing efforts. million (US$5.4 million announced in April 2013.

Financing 247

Financing Manufacturer Estonia Germany 247

Green Car Congress

SEPTEMBER 22, 2022

The company has also received additional grant financing from the National Science Foundation, the US Department of Energy, and others. Improvements to the manufacturing of CAM are critical to meeting the long-term demand for batteries and exceeding EV automakers’ cost reduction targets. SVX recently closed a Series A funding of $8.4

Li-ion 259

Li-ion Manufacturer Lithium Ion Battery 259

Green Car Congress

NOVEMBER 15, 2022

11/14/2022 The selection of the site for its manufacturing facility represents a key next step as Archer works towards its goal of being first in the industry to bring up a high-capacity production facility. The planned eVTOL aircraft manufacturing facility is expected to create more than 1,000 jobs over the long term.

Georgia 199

Georgia Manufacturer Financing Grant 199

Green Car Congress

SEPTEMBER 5, 2022

South Africa-based Sasol and Japan-based ITOCHU Corporation have signed a Memorandum of Understanding (MoU) jointly to study and to develop the market and supply chain for green ammonia with a focus on its use as bunkering fuel and for power generation. Japan is expected to be a large importer of green ammonia in the future.

South Africa 186

South Africa Hydrogen Green Africa 186

Green Car Congress

OCTOBER 25, 2022

AM Batteries (AMB), a developer of lithium-ion dry-electrode technology, closed its Series A financing. One of the fundamental issues with today’s lithium-ion battery manufacturing process is the heavy carbon footprint, energy consumption, and cost from the solvent evaporation and recovery process needed for electrode fabrication.

Lithium Ion 150

Lithium Ion Manufacturer Battery Batteries 150

Green Car Congress

OCTOBER 13, 2020

million and will be used to increase and accelerate production volume, advance new products to market, replace previous higher cost financings, and support current working capital and other general corporate purposes. The proceeds of the offering before expenses are expected to be approximately $194.5

Financing 186

Financing Convert Corporation Price 186

Green Car Congress

JULY 13, 2020

recently completed a $50-million Series C financing round funded by Moore Strategic Ventures, LLC, the private investment vehicle of Louis M. Cowen acted as the company’s sole advisor and placement agent on the financing. Fisker Inc. Fisker also named Burkhard Huhnke as chief technology officer (CTO) of Fisker Inc.

Fisker 186

Fisker Financing Aston Martin Los Angeles 186

Green Car Congress

MAY 18, 2022

BMW i Ventures announced a lead investment in the Series A-1 financing round of Vancouver-based Mangrove Lithium. Mangrove’s modular solution can be scaled to any capacity, at point of extraction or point of manufacturing or recycling, and co-located with upstream lithium producers or cathode and cell manufacturers.

BMW 243

BMW Green Carbon Convert 243

Green Car Congress

MARCH 13, 2023

Universal Hydrogen ( earlier post ) has formed a collaboration with three Japan-based companies to study—and ultimately to develop—a green hydrogen supply and logistics solution that will enable Japanese airlines to scale their utilization of hydrogen-powered aircraft in the very near-term.

Hydrogen 150

Hydrogen Universal Supplies Green 150

Green Car Congress

FEBRUARY 22, 2023

In 2022, green hydrogen production capacity reached more than 109 kilotons per annum (ktpa) worldwide, representing 44% growth compared to 2021, according to data and analytics company GlobalData. On the other hand, venture finance deal values also grew from $595.23 Last year, mergers and acquisitions (M&A) deals reached $24.4

Hydrogen 473

Hydrogen Global Economy Market 473

Green Car Congress

NOVEMBER 25, 2019

Group14 Technologies announced $18 million in new financing from Amperex Technologies Limited (ATL), Showa Denko (SDK), Cabot Corporation, BASF Venture Capital, and OVP Venture Partners. The new funds will be used to scale-up manufacturing of a next-generation silicon-carbon composite anode material and advance into commercial production.

Financing 243

Financing Carbon Li-ion Lithium Ion 243

Green Car Congress

APRIL 12, 2019

Brightmark Energy , a San Francisco-based waste and energy development company, closed a $260-million financing package for the construction of the US’ first commercial-scale plastics-to-fuel plant, which will be located in Ashley, Indiana.

Waste 268

Waste Financing Commercial Indiana 268

Green Car Congress

APRIL 13, 2021

The financing will support the development of a commercial-scale processing facility with the annual capacity to process 10,000 tons of batteries—the batteries from approximately 20,000 electric vehicles (EVs) a year.

Li-ion 210

Li-ion Lithium Ion Manufacturer Battery 210

Green Car Congress

JUNE 15, 2022

ANIL will be the exclusive platform of AEL and TotalEnergies for the production and commercialization of green hydrogen in India. ANIL will target a production of one million metric tons of green hydrogen per year (Mtpa) by 2030, underpinned by around 30 gigawatts (GW) of new renewable power generation capacity, as its first milestone.

India 150

India Hydrogen Green Industrial 150

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

MARCH 17, 2023

The E uropean Critical Raw Materials Act would help the bloc secure supply of the metals needed to build batteries, wind turbines and other green technologies. The regulation embeds both the critical and strategic raw materials lists in EU law. Member States will also have to develop national programs for exploring geological resources.

Green 210

Green Battery Batteries Supplies 210

Green Car Congress

JUNE 11, 2021

billion private placement to finance further battery cell production capacity and R&D efforts in order to meet the increasing demand of customers engaged in the transition to decarbonized, electric solutions. Northvolt announced the signing of a $2.75-billion Goldman Sachs Bank Europe SE and Morgan Stanley & Co.

Manufacturer 243

Manufacturer Battery Batteries Sweden 243

Green Car Congress

JANUARY 3, 2019

a manufacturer of electric-mobility solutions to the transportation sector ( earlier post ), closed a $35-million financing with Marathon Asset Management. Workhorse Group Inc., —Workhorse CEO Steve Burns. In addition to closing the Marathon loan facility, Workhorse continues working in partnership with Duke Energy Corporation.

Financing 259

Financing Purchase Energy Battery 259

Electric Vehicles India

DECEMBER 26, 2021

Hero Electric ties up with HDB Financial Services for retail finance. Hero Electric on Wednesday said it has tied up with HDB Financial Services, a non-banking financial company (NBFC), to offer easy financing options for the purchase of electric scooters. Read further to know more about Hero Electric ties up HDB Financial Services. .

Financing 85

Financing Electrical Electric Dealers 85

Green Car Congress

SEPTEMBER 23, 2021

6K, a developer of microwave plasma technology for the production of advanced materials for energy storage and additive manufacturing powders ( earlier post ), closed a $51M Series C financing round. 6K’s UniMelt platform offers multifaceted sustainability benefits.

Manufacturer 170

Manufacturer Global Battery Batteries 170

Green Car Congress

OCTOBER 12, 2019

Current transport infrastructure and existing mass manufacturing are too inflexible and capital intense to service evolving technology trends and changing consumer demands. Neorizon brings together the flexibility of professional digital manufacturing and the expertise of one of the world’s leading aerospace and defense companies.

Industrial 285

Industrial Industry Manufacturer North America 285

Green Car Congress

JANUARY 31, 2014

a developer and manufacturer of Aqueous Hybrid Ion (AHI) batteries and stationary energy storage systems, recently completed the closing of a $55-million Series D financing round. Aquion will begin shipping production units to customers in the first half of 2014 from its manufacturing facility in Westmoreland County, Pennsylvania.

Financing 301

Financing Hybrid Companies Energy Storage 301

Green Car Congress

FEBRUARY 6, 2018

In addition to new investors BlackRock and Sinobioway, existing investors also participated in this financing. This new and significant financing will help accelerate our growth and further expand project development and implementation. These RIN credits are purchased by US refiners to comply with the RFS program. Earlier post.).

Waste 199

Waste Financing Companies Canada 199

Green Car Congress

JUNE 30, 2015

Battery-eletcric bus manufacturer Proterra has completed a $55M strategic financing. In conjunction with the equity financing, Proterra completed a debt financing in an amount up to $25 million with Hercules Technology Growth Capital. The existing major investors in Proterra added $11 million of equity.

Financing 150

Financing California Grant 2015 150

Green Car Congress

AUGUST 20, 2019

The financing was co-led by The Engine and by The GOOSE Society of Texas. Examples of these consumers include manufacturers of semiconductors, LEDs, float glass, food oil, metal, and users of hydrogen fuel cell electric vehicles. million in Series A funding. Previous investor Evok Innovations was also a major participant in the round.

Manufacturer 371

Manufacturer Fuel Clean Cleaning 371

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 Battery Batteries Production 430

Green Car Congress

MARCH 11, 2022

To boost the global production capacity of green methanol, A.P. The six companies are CIMC ENRIC, European Energy, Green Technology Bank, Orsted, Proman, and WasteFuel. To transition towards decarbonization, we need a significant and timely acceleration in the production of green fuels. Maersk’s green methanol sourcing partners.

Green 199

Green Companies Switzerland Denmark 199

Green Car Reports

APRIL 15, 2024

China already has enough battery manufacturing capacity to supply all global EV production, according to Bloomberg New Energy Finance.

Global 176

Global China Battery Batteries 176

Electric Cars Report

JANUARY 17, 2024

Northvolt announced the signing of a $5 billion non-recourse project financing to enable the expansion of Northvolt Ett in northern Sweden. The deal represents the largest green loan raised in Europe to date.

Financing 104

Financing Sweden Europe Green 104