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Biomass-to-sugar company Comet Biorefining completes new round of equity financing

Green Car Congress

Comet Biorefining, an industry leader in the production of high-purity cellulosic dextrose, has completed a round of equity financing led by new investor PM Equity Partner. Current investor Sofinnova Partners and new investor Bioindustrial Innovation Canada (BIC) also participated in the financing.

Financing 150
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Europe’s Most Financed Luxury Car Brand

EV Info

Latest research from Specialist Car Finance Experts, Forza Finance , has revealed that BMW is the most popular luxury car brand to finance in 16 of Europe’s 44 countries including the UK & Ireland based on finance rather than sales or units. Forza – Car Finance Map of Europe Infogram. Methodology.

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Global geothermal industry passes 12,000 MW operational

Green Car Congress

The global geothermal industry surpassed 12,000 MW of geothermal power operational, with about 600 MW of new geothermal power coming online globally, according to a year-end update by the Geothermal Energy Association (GEA). New project announcements have increased the resource under development to about 30,000 MW.

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T&E: two-thirds of European battery production at risk as companies weigh investing in US instead

Green Car Congress

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
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Iveco Group introduces new pay-per-use business for electric trucks and vans

Green Car Congress

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.

Italy 199
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Electra Vehicles, Inc. Announces $21 Million Financing Round led by United Ventures

Electra Vehicles

Boston, USA & Milan, Italy, 22nd February 2023 - , Electra Vehicles, Inc. , The company has recently opened an Italian branch based in Turin, Italy, to expand its presence in the Italian and European markets and accelerate the energy transition to a more sustainable future through electric mobility.

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Glencore and Li-Cycle to study developing recycling hub to be largest source of recycled battery-grade lithium, nickel and cobalt in Europe

Green Car Congress

an industry leader in lithium-ion battery resource recovery and the leading lithium-ion battery recycler in North America, signed a Letter of Intent to jointly study the feasibility of, and later, develop a Hub facility in Portovesme, Italy. This would enable a cost-efficient and expedited development plan.

Li-ion 186