Green Car Congress

OCTOBER 15, 2021

While regional aviation represents a sizable market opportunity and an important early proof point in the fight against climate change, it is a small fraction of total aviation emissions.

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Hydrogen Universal Financing Los Angeles 397

Green Car Congress

JUNE 15, 2023

OXCCU, a company spun-out from the University of Oxford in 2021 that is focused on converting carbon dioxide and hydrogen into industrial and consumer products ( earlier post ), completed an £18-million (US$22.8 million) Series A financing round.

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Carbon Fuel Financing Hydrogen 418

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. When the automotive industry is fully electrified, there will be a nearly trillion-dollar battery industry, 25 times bigger than today.

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Financing Carbon Li-ion Lithium Ion 243

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.

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Manufacturer Hydrogen Russia Renewable 366

Green Car Congress

OCTOBER 25, 2022

The Asian Development Bank (ADB) mobilized a $135-million climate financing package for VinFast Trading and Production Joint Stock Company (VinFast) for manufacturing Vietnam’s first fully-electric public transport bus fleet and first national electric vehicle (EV) charging network.

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Vietnam Financing Climate Fleet 195

Green Car Congress

JANUARY 11, 2019

million Series A round of financing, led by Cottonwood Technology Fund (CTF). million in funding, and plans to leverage the new financing to launch an HVAC-specific, fully-integrated motor. Some markets, like Electric Vehicles, are in the process of electrifying completely. To date, Infinitum has received a total of $2.7

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Motor Motors Motoring Market 262

Green Car Congress

MAY 12, 2022

NFI Industries—a leading third-party supply chain solutions provider—is increasing its investment in electromobility solutions with its latest order of 60 Volvo VNR Electric trucks. Twenty of the trucks will be deployed as part of the Joint Electric Truck Scaling Initiative, or JETSI project. emission heavy?duty

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Volvo Industry Industrial Los Angeles 273

Green Car Congress

FEBRUARY 23, 2022

Cummins has entered into a definitive agreement to acquire Meritor, a global leader of drivetrain, mobility, braking, aftermarket and electric powertrain solutions for commercial vehicle and industrial markets. Meritor is an industry leader in axle and brake technology. Under the terms of the agreement, Cummins will pay $36.50

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Climate Change Commercial Financing Global 429

Green Car Congress

JANUARY 21, 2023

The feedstock pellets from the pre-treatment plant will then be converted into hydrogen in a second RWE plant which the company is to build at the Chemelot industrial park in Limburg. The CO 2 released during the hydrogen production is captured and can be stored or possibly used as a raw material by industry in the future.

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Waste Hydrogen Grant Netherlands 448

Green Car Congress

FEBRUARY 7, 2023

MagREEsource, a 2020 spin-off of the CNRS-Institut Néel that is commercializing processes for recycling rare-earth magnets and then remanufacturing new magnets from the recycled powders, has secured €5 million in financing and has opened its first pilot facility in Grenoble, with a capacity of 50 tons by 2023.

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Financing Hydrogen Manufacturer Wind 243

Green Car Congress

MARCH 13, 2021

From Lingen (Emsland) to Gelsenkirchen and from the Dutch border to Salzgitter, production, transport, storage and industrial acceptance of green hydrogen are to be connected in several steps between 2024 and 2030 under the umbrella of the overall project. The current focus is on the amendment of the Energy Industry Act (EnWG).

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Hydrogen Green Europe Gas-Electric 435

Green Car Congress

APRIL 16, 2021

Strategy Analytics’ Automotive Connected Mobility service released its H1 2021 Global Ride-Hailing Market Update and its associated Global Ride-Hailing Forecast , tracking more than 140 unique operators across 119 different countries. over the next 10 years, with a global market recovery expected toward the end of 2022. —Roger C.

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2020 Global Market Connect 243

Green Car Congress

MAY 3, 2021

EnergyX) has secured commitments of $20 million in financing. The company said that the funding makes it the highest-valued direct lithium extraction technology company on the market. Some in the electric vehicle (EV) industry have likened lithium mining to the early days of oil exploration.

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Companies Lithium Ion Energy Storage 2020 448

Green Car Congress

JANUARY 21, 2022

With solar charging as an option, LAND aims to gain traction in the new mobile energy market. Founder and CEO Scott Colosimo was inspired to delve into the EV industry after his success as the founder of Cleveland CycleWerks, a motorcycle design and manufacturing company. —Scott Colosimo.

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Motorcycles Cleveland Production Tax Credit 435

Green Car Congress

JANUARY 29, 2021

The Electrification Coalition has introduced its EV Policy Showroom, offering policymakers, EV advocates, industry partners and other stakeholders online access to easily navigable data and policy information on the deployment and adoption of electric vehicles and charging infrastructure.

Financing 448

Financing Legal Fleet Insight 448

Green Car Congress

NOVEMBER 28, 2021

The funding is led by the venture arm of MANN+HUMMEL (a global market leader in filtration and separations), Energy Revolution Ventures from the UK, Volta.VC This financing round will enable the production of Divi-H at an industrial scale, under the first two mass manufacturing lines. Source: DiviGas.

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Commercial Hydrogen New York Polymer 418

Green Car Congress

JUNE 20, 2023

Globally, the battery industry needs to invest at least $514 billion across the whole supply chain to meet expected demand in 2030, and $920 billion by 2035, according to a new analysis by Benchmark. Energy storage might form a relatively small piece of the overall financing required, but it is a strategically critical piece of the puzzle.

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Industry Industrial Global Lithium Ion 243

Green Car Congress

JULY 4, 2020

UNCTAD predicts that some 23 million electric vehicles will be sold over the coming decade: the market for rechargeable car batteries, currently estimated at $7 billion, is forecast to rise to $58 billion by 2024. UNCTAD also recommends that the industry find ways to reduce its dependence on critical raw materials. Brazilian mine.

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Batteries Battery Production Zambia 545

Green Car Congress

JULY 26, 2021

The financing round was led by LDV Partners and Alpha JWC Ventures. Venti’s proprietary algorithms create powerful processing and fast reaction times, delivering practical advantages: Handling 30 – 40% change in the environment (compared to 5% for other leading industry players). Zero blind spots and uncompromised safety.

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Transportation MIT Supplies Market 321

Green Car Congress

APRIL 7, 2022

With its investment in HIF Global LLC, Porsche is participating in an international financing round alongside the Chilean company Andes Mining & Energy (AME) and the American companies EIG, Baker Hughes Company and Gemstone Investments. These electricity-based synthetic fuels enable nearly-CO 2 -neutral operation of combustion engines.

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Porsche Chile Global Industry 243

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). Hydrogen has the potential to make a substantial contribution to our clean energy transition, reducing emissions across the economy while underpinning the development of an important domestic and export industry.

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Hydrogen Financing Australia Renewable 286

Green Car Congress

FEBRUARY 3, 2021

The supply of rare earths has become an increasingly geopolitical issue in the US, Europe and Japan, with Chinese market dominance seen as a supply risk for critical elements including neodymium (Nd), praseodymium (Pr) and dysprosium (Dy).

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2020 Chinese Supplies 2019 418

Green Car Congress

JUNE 14, 2021

Among other things, we will promote the production of hydrogen on an industrial scale in Australia with German-Australian ‘Hydrogen Hubs’ using German technology and explore possibilities for cooperation within the framework of our new international funding instrument ‘H2-Global’. Co-financing of an AUS-DEU H 2 incubator for applied research.

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Australia Germany Hydrogen Green 334

Green Car Congress

JUNE 26, 2020

A group of leading shipping industry companies are taking the next step to develop new fuel types and technologies by launching the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping. Møller - Mærsk, Cargill, MAN Energy Solutions, Mitsubishi Heavy Industries, NYK Lines and Siemens Energy.

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Industry Industrial Carbon Companies 218

Green Car Congress

JULY 4, 2022

And the nuclear industry must quickly address the issues of cost overruns and project delays that have bedevilled the construction of new plants in advanced economies. As a result, advanced economies have lost market leadership, as 27 out of 31 reactors that started construction since 2017 are Russian or Chinese designs.

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Russia Emissions Power Powered 458

Green Car Congress

FEBRUARY 24, 2023

Researchers at the Fraunhofer Institute for Microengineering and Microsystems IMM are developing ammonia-based systems for a mobile, decentralized energy supply in the infrastructure, transportation and industry sectors. Several of the research projects were showcased for the first time at the recent Hannover Messe.

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Transportation Industry Industrial Energy 273

Green Car Congress

OCTOBER 13, 2022

BNEF’s 2H 2022 Energy Storage Market Outlook sees an additional 13% of capacity by 2030 than previously estimated, primarily driven by recent policy developments. The US and China are set to remain the two largest markets, representing more than half of global storage installations by the end of the decade.

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Energy Storage Global Market Energy 259

Green Car Congress

FEBRUARY 4, 2021

START is a significant step forward for the aluminum industry as the first offering of this kind, setting a new standard on transparency, traceability and responsible production from mine to market. Across its aluminum operations, Rio Tinto’s greenhouse gas emissions intensity is 60% lower than the industry average.

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Purchase Financing 2018 2016 365

Green Car Congress

JUNE 2, 2022

The road transport sector could still reach net-zero emissions by 2050 through electrification, but urgent action would be required from policymakers and industry participants, according to research company BloombergNEF’s (BNEF) latest annual Long-Term Electric Vehicle Outlook (EVO).

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Transportation Emissions Economy Fleet 473

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. Having a scalable, cost-competitive alternative to leather with premium qualities is key to further advancing the decarbonization of the automotive industry.

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BMW Polymer Illinois Carbon 435

Green Car Congress

NOVEMBER 13, 2021

interest, and will retain operational management responsibility; its partner Tsingshan is financing the plant construction in exchange for 49.9% Volume produced will be marketed by each shareholder based on their respective shareholding in the project. Eramet will control the project, with a 50.1% interest in the project.

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Argentina Building Chinese Financing 335

Green Car Congress

FEBRUARY 18, 2021

This will be the first volume production of fuel cells in Norway and a hub for the Norwegian hydrogen industry. We combine a best-in-class fuel cell solution with a long history of being a trusted engineering partner to leading companies in the global maritime industry. Financing alternatives are being evaluated.

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Norway Hydrogen Fuel Building 468

Green Car Congress

FEBRUARY 18, 2022

But according to a new report from CoBank, another major challenge that is often overlooked is the monumental impact these vehicles will have on the data center market. A 100-fold increase in storage capacity represents a 15-year 36% CAGR, a good bit higher than the market intelligence firm IDC’s annual forecast of 18% (from 2020 to 2024).

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Market Las Vegas Vehicles Store 210

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. This would be the end of the plant, IG Metall said. With a current production volume of 4.2

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Financing Climate Conversion Production 221

The Truth About Cars

APRIL 11, 2025

From CarsDirect : Just as before, Stellantis Financing continues to offer a special financing rate of 1.9% percent] APR financing for 72 months could make the 2025 Dodge Charger Daytona EV a more appealing option to purchase than before. The first one includes 0 [percent] APR financing for 72 months plus $3,000 in bonus cash.

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Dodge Financing Dealers Affordable 106

Green Car Congress

OCTOBER 14, 2021

The facility also manufactures seamless pipe for the energy sector, as well as wire rod and coiled reinforcing bar for construction, automotive and specialty industries. Lightsource bp financed, owns and operates Bighorn Solar and sells the electricity it generates to Xcel Energy under a 20-year power purchase agreement.

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Colorado Solar North America Portland 396

Green Car Congress

SEPTEMBER 19, 2021

Financing is provided by the future fund of the “Concerted Action Mobility” and is intended to promote the transformation of the automotive industry—in particular the supplier industry. Hydrogen technologies play a key role in transforming industry towards sustainable value creation.

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Fuel Production Hydrogen Germany 322