Green Car Congress

MARCH 24, 2021

To support these developments and be able to offer a complete and competitive Renault Trucks range on the market, the company is setting up an organization dedicated to electric mobility. Preparations are underway to market a Z.E. As regards the marketing of its Z.E. The Renault Trucks D Z.E., D Wide Z.E.

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Range Market Volvo Electric 459

Green Car Congress

SEPTEMBER 16, 2022

Iveco Group has created a new entity: GATE (Green & Advanced Transport Ecosystem), a long-term, all-inclusive rental model for electric trucks and vans, which will support the industry’s energy transition. Iveco Group comprises eight unique brands.

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Italy Financing Maintenance Electric 199

Green Car Congress

MAY 27, 2019

delivered a non-binding letter to the Board of Groupe Renault proposing a combination of their respective businesses as a 50/50 merger. Groupe Renault has a strong presence across Europe, Russia, Africa and Middle East, while FCA is uniquely positioned in the high margin segments in North America and is a market leader in Latin America.

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North America America 2018 Nissan 286

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. Group 14 also includes germanium, tin, and lead.

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Financing Carbon Li-ion Lithium Ion 243

Baua Electric

MAY 15, 2024

Mullen received a $100 million financing commitment from an undisclosed family office and sold an additional $50 million of senior secured convertible notes to both family offices and high net worth investors. The post Mullen secures $150 million financing deal, production Bollinger is a go appeared first on Bauaelectric Auto News.

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Financing Production Cayenne Mississippi 52

Green Car Congress

APRIL 1, 2021

The BMW Group has launched an initiative to protect the deep seas in cooperation with the WWF Germany. 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. What has been created over millions of years would be wiped out in a day.

BMW 186

BMW Germany Volvo Financing 186

Green Car Congress

APRIL 1, 2020

Faced with the compelling need for more respirators, the French government asked a group of French industrial companies led by Air Liquide to study the possibility of increasing the production of respirators so as to provide 10,000 respirators in 50 days, between the beginning of April and mid-May.

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France Purchase Electric Electrical 411

Baua Electric

JANUARY 5, 2024

Renault India and Bajaj Finance are confident that this collaboration will strengthen their position in the market and reaffirm their shared mission of providing outstanding auto financing solutions to customers. RIPL), the European car brand in India, has partnered with Bajaj Finance Ltd., an arm of Bajaj Finserv Ltd. ,

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Financing India Auto Affordable 40

Green Car Congress

JUNE 2, 2020

Swiss energy storage company Leclanché SA announced a strategic reorganization which will convert the company into a market-oriented, research-driven, software and systems integration company with expanded production and R&D capabilities based on a partnership agreement with Eneris Group.

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Poland Switzerland Energy Storage France 186

Green Car Congress

JANUARY 17, 2023

Mercom Capital Group, a global clean energy research and communications firm, released its report on funding and mergers and acquisitions (M&A) activity in 2022 for the energy storage, smart grid, and energy efficiency sectors. Source: Mercom Capital Group. billion compared to $19.5 billion in 2021. billion compared to $19.5

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Energy Storage Corporation Companies Energy 259

Baua Electric

JANUARY 18, 2024

to provide quick and hassle-free financing options for Suzuki two-wheeler customers. SMFG India Credit, a Non-Banking Financial Company (NBFC) and a member of Sumitomo Mitsui Financial Group (SMFG), will offer round-the-clock retail financing with quick approval processes and minimal documentation.

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Suzuki India Financing Motorcycles 52

Green Car Congress

FEBRUARY 17, 2023

Finnish Minerals Group, a mining and battery industry development and investment company, and FREYR Battery will cooperate to assess the feasibility of establishing an LFP cathode material plant in the city of Vaasa. Finnish Minerals Group initiated the scoping study at the end of 2021, and now the survey and analysis work is complete.

Finland 186

Finland Batteries Battery Europe 186

Green Car Congress

MAY 8, 2014

Pinnacle Engines also announced closure of its Series C financing, bringing total investment in the company to more than $30 million. Comprising individuals known and respected for their extensive experience in Asian markets, the Board will offer strategic business and technological advice to Pinnacle Engines’ executive team.

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Financing Engine Africa Asia 291

Green Car Congress

JULY 23, 2019

billion in 17 deals compared to the $543 million in 30 deals in 1H 2018, according a new report from Mercom Capital Group. Announced debt and public market financing activity in the first half of 2019 ($547 million in five deals) was 275% higher compared to the first half of 2018 when $146 million was raised in six deals.

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2019 Financing Companies 2018 207

Green Car Congress

NOVEMBER 29, 2019

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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Mini E BMW China Future 259

Green Car Congress

OCTOBER 20, 2020

Mercom Capital Group, LLC, a global clean energy communications and consulting firm, released its report on funding and mergers and acquisitions (M&A) activity for the global Battery Storage, Smart Grid, and Energy Efficiency sectors for the third quarter (Q3) and first nine months (9M) of 2020. billion compared to $1.2 billion in 9M 2019.

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2020 Grid Companies 2019 221

Green Car Congress

DECEMBER 30, 2022

Graphex has more ethan a decade of commercial experience producing 10,000 metric tons per annum of battery-grade purified spherical graphite at its facility in Heilongjiang Province, China, for the power battery market. Graphex has a roadmap to grow production 40,000 metric tonnes per year over the next 3 years.

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Australia Supplies Li-ion Manufacturer 170

Green Car Congress

SEPTEMBER 27, 2019

announced that its MEG Group, through its joint venture with iUnicorn, has finalized its first order of EV Taxis for the city of Chengdu. The EV Taxis are supplied by Geely Auto Group and the financing for the vehicles was provided locally by Sichuan Tianfu Bank Co Ltd. Ideanomics Inc. —Alf Poor, CEO of Ideanomics.

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Taxi Supplies Financing 2019 191

Green Car Congress

MARCH 3, 2022

million units and secure 7% of global market share by 2030 by strengthening its line-up with 17 new BEV models by 2030; 11 for Hyundai models and 6 for Genesis luxury brand. Presentation of Gang Hyun Seo, Executive Vice President and Head of Finance & Accounting Division at Hyundai Motor Company. Optimizing EV manufacturing capacity.

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Hyundai Global Motor Motors 370

Green Car Congress

OCTOBER 4, 2022

South Africa-based mining and metals group Sibanye Stillwater has increased its effective shareholding in Keliber Oy to 84.96%. At the end of June 2022, Keliber announced a financing arrangement that enables the lithium project to progress to the construction phase. Earlier post.) Earlier post.).

South Africa 273

South Africa Financing Finland Africa 273

Green Car Congress

MARCH 19, 2020

The BMW Group plans to invest more than €30 billion up to 2025 in research and development to underscore its position as an innovation leader, said Oliver Zipse, Chairman of the Board of Management of BMW AG, at the company’s Annual Accounts Press Conference in Munich. This also expresses our confidence for the future business development.

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BMW All-Electric Future Electric 291

Green Car Congress

JUNE 23, 2021

Hyundai Motor Group and Grab Holdings Inc. The Group—including Hyundai Motor Company and Kia Corporation—and Grab will further develop new pilots and initiatives that lower the barriers of entry for Grab driver and delivery-partners to adopt EVs, such as lowering the total cost of ownership and reducing range anxiety.

Asia 199

Asia Hyundai Singapore Indonesia 199

Green Car Congress

MARCH 20, 2019

Hyundai Motor Group and India-based Ola—one of the world’s largest ride-hailing platforms— announced a strategic partnership under which Hyundai Motor Company and Kia Motors Corporation will make their biggest combined investment to date, as part the Group’s continued efforts to become a Smart Mobility Solutions Provider.

Hyundai 186

Hyundai Motor Motors Motoring 186

Green Car Congress

JANUARY 27, 2022

Baidu’s intelligent electric vehicle arm JIDU has closed Series A financing, raising nearly $400 million. This round of financing was backed by Baidu and its strategic partner multinational auto manufacturer Zhejiang Geely Holding Group. Now, in the span of ten months, JIDU has received a new round of financing.

Companies 186

Companies Financing Cars Auto 186

Electric Vehicles India

JANUARY 20, 2023

One of the top companies in the electric automobile market, Saera Electric Auto Private Limited (SEAPL), has agreed to finance vehicles through the non-banking financial corporation (NBFC), AMU Leasing Pvt. have partnered to provide vehicle financing. appeared first on Promoting Eco Friendly Travel.

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Financing Auto Vehicles Electric 52

Green Car Congress

JULY 23, 2022

This will include medium-term bills, short-term financing bonds and ultra-short-term financing bonds.

Energy 199

Energy Financing Batteries Battery 199

Green Car Congress

OCTOBER 1, 2020

Volvo Cars successfully placed its first green bond, raising €500 million from a diverse group of institutional investors and further increasing the company’s financial flexibility. A green bond is a type of fixed-income instrument that is specifically earmarked to raise money for climate and environmental projects.

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Volvo Green Luxembourg Cars 514

Green Car Congress

DECEMBER 4, 2019

Daimler Mobility AG and Geely Technology Group, a subsidiary of Zhejiang Geely Holding Group (Geely Holding), unveiled the premium ride-hailing provider StarRides in China with inaugural services to begin in Hangzhou in December 2019. StarRides will expand to other major cities in China starting in 2020.

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China Chinese Store Google 150

Green Car Congress

APRIL 6, 2018

has entered into an investment agreement with SoftBank Group Corp. The electrochemical plant will use Nemaska Lithium’s proprietary process to convert the spodumene concentrate into the purest lithium hydroxide on the market. —Masayoshi Son, Chairman & CEO of SoftBank Group Corp. Nemaska Lithium Inc.

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Financing Purchase Fusion Energy Storage 170

Green Car Congress

NOVEMBER 15, 2019

Under the Volkswagen Group’s Planning Round 68, the investment plan for 2020 to 2024, the Group plans to spend nearly €60 billion (US$66 billion) on the future areas of hybridization, electric mobility and digitalization over the next five years. —Herbert Diess, CEO of the Volkswagen Group.

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Hybrid Electric Electrical 2020 191

Green Car Congress

JULY 1, 2021

Ultracapacitor developer and manufacturer Skeleton Technologies closed a further €29 million in its Series D financing. The total financing in Round D now amounts to €70.4 —Taavi Madiberk, CEO and co-founder of Skeleton Technologies. This additional internal funding follows the initial €41.3-million

Estonia 186

Estonia Financing 2009 Germany 186

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. SSP: The next generation of mechatronics platform.

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Manufacturer Auto Fleet Future 435

Green Car Congress

NOVEMBER 21, 2014

The Volkswagen Group will invest a total of €85.6 billion)—roughly 64%—the Group will spend most of the total capex in the Automotive Division on modernizing and extending the product range for all its brands. The Group will also continue to press ahead with the development of hybrid and electric drives.

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Poland 2018 2019 2015 317

Green Car Congress

NOVEMBER 2, 2022

Farizon Auto, the new energy commercial vehicle brand from Zhejiang Geely New Energy Commercial Vehicle Group (a subsidiary of Geely Holding) raised more than US$300 million in its first external financing round. This Pre-A round of investment was led by Hidden Hill Capital, which is backed by Singapore’s GLP. Earlier post.).

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Auto China Commercial Financing 259

Green Car Congress

MARCH 7, 2022

Inceptio Technology, an autonomous driving truck technology and operation company ( earlier post ), closed a US$188-million Series B+ equity financing. This round of financing was jointly led by Sequoia Capital China and Legend Capital. Existing investors Meituan, NIO Capital, Eight Roads, Broad Vision Funds, etc. also participated.

Companies 259

Companies Financing China Supplies 259

Green Car Congress

JULY 18, 2021

The financing round will enable the company to scale from the batch processing of materials to commercial roll-to-roll production. In addition to the investment by BMW i Ventures, BMW Group also announced its intention to form a strategic partnership with NFW to further its own sustainability goals.

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BMW Polymer Illinois Carbon 435

Green Car Congress

JANUARY 15, 2015

SIMI), and Alibaba Group Holding Limited announced an agreement under which SoftBank Group (further described below) led a financing round of approximately US$600 million, with participation from existing shareholders Alibaba Group and Tiger Global, to expand and improve KuaiDi Dache’s services in China. Travice Inc.,

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Taxi Global China Financing 150