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Tesla launches limited-time 0.99% APR loan rate on U.S. Model Y orders

Teslarati

On Friday night, Tesla launched the promotional financing on its website for the Model Y, offering a 0.99 percent APR interest rate for buyers who finance the electric vehicle (EV) on an order placed by May 31. Tesla has also launched a number of buying incentives in recent months, and especially leading up to the end of Q1.

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Graphex and Northern Graphite partner on large-scale graphite processing facility site evaluations in Québec

Green Car Congress

Graphex Technologies LLC, the US subsidiary of Graphex Group Limited, and Northern Graphite Corporation announced that Graphex will participate in Northern’s previously announced selection process for a site suitable for the construction of a large-scale graphite processing facility in Baie-Comeau, approximately 420 km north-east of Québec City.

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Airbus and LM Industries create mobility startup Neorizon; digital manufacturing

Green Car Congress

Airbus and LM Industries, the the parent company of Local Motors and Launch Forth, have formed Neorizon to provide disruptive and innovative products with an initial focus on local mobility and autonomy. —Jay Rogers, CEO and founder of LM Industries. leadership. —Benjamin Queisser, Neorizon CEO.

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VERBIO launches first cellulosic RNG plant in the USA

Green Car Congress

The VERBIO Nevada (Iowa) Biorefinery began producing renewable natural gas (RNG) on an industrial scale in December 2021. We want to install another five to ten biorefineries in North America over the next five years. VERBIO recently officially launched the first cellulosic RNG plant in the US. Nevada is just the beginning.

USA 195
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Aemetis selects Worley to provide engineering for ‘Carbon Zero 1’ renewable jet and diesel production plant

Green Car Congress

The Carbon Zero project team includes Koch Project Solutions as the EPC, Worley for engineering and technical solutions, Axens for process engineering and technology license, and ATSI serving as owner’s representative, working with our in-house Aemetis technology, development, finance, regulatory, and Global Sales and Trading team members.

Renewable 186
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Electric motorcycle maker Brammo closes first $13M tranche of $45M Series C

Green Car Congress

The first tranche of the financing was led by Polaris Industries and included contributions from other undisclosed investors. This $13 million round of financing puts Brammo on strong footing to continue to execute, deliver and expand distribution of our electric motorcycles to our customer pipeline. Brammo Inc.,

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XL Fleet and eNow partner to electrify refrigerated trailers

Green Car Congress

The system will be equipped with a thermal management system to enable year-round operation across North America. This partnership also builds on XL Fleet’s promise of delivering Electrification-as-a-Service, by giving customers the opportunity to finance or lease the refrigerated trailers and related infrastructure.

Fleet 259