EV Adoption

AUGUST 18, 2021

In the Clean Energy Act for America (CEAA) proposed legislation, this per manufacturer threshold would be eliminated and replaced with an industry-wide phaseout based on reaching 50% EV sales share. In part 1 of this series we provided a high-level summary and handy table of the 9 key proposed changes to the federal EV tax credit.

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Tax Credit Tax Manufacturer Parts 111

Green Car Congress

MAY 8, 2022

All deposits have high quality flake graphite that is suitable for all battery and industrial applications. The acquisition of the two mines was financed through US$36 million in debt, royalty and stream financing provided by funds managed by Sprott Resource Streaming and Royalty Corp. Sprott invested CDN$3.75

Namibia 284

Namibia Chinese Companies Financing 284

Green Car Congress

JUNE 8, 2022

The startups will be minority owned by Porsche, with the option to purchase them entirely after three years. The aim is to further enhance Porsche’s position in the current transformation phase of the automotive industry in the long term. Porsche is investing a sum in the double-digit millions for this purpose. —Lutz Meschke.

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Porsche Los Angeles Building Financing 150

Green Car Congress

JULY 11, 2021

This cross-industry partnership is funded at its inception by BASF, Daimler AG, Fairphone, and Volkswagen Group. The world’s largest lithium reserves and large parts of the total production are located in the Salar de Atacama. It does not intend to facilitate the sourcing of lithium nor the purchase or selling of any raw mineral.

Chile 186

Chile Water Financing Purchase 186

Green Car Congress

OCTOBER 24, 2019

Ideanomics’ Mobile Energy Group (MEG) is expanding its activities with heavy-duty electric trucks as part of an ongoing effort to identify commercial vehicle activities where significant pollution reduction can be achieved by eliminating fossil fuels. Ideanomics is a global Financial Technology (Fintech) company for transformative industries.

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Vehicles Mongolia Financing Maintenance 170

Green Car Congress

MARCH 19, 2009

While the President’s Task Force on the Auto Industry continues to review restructuring plans submitted by General Motors and Chrysler, the US Department of the Treasury announced an Auto Supplier Support Program that will provide up to $5 billion in financing to US-based suppliers.

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Financing Auto Chrysler Auto Industry 150

Green Car Congress

JANUARY 25, 2021

In a first step, this hydrogen is to substitute part of the carbon in the existing blast furnaces, later on it is to be used in new direct reduction plants. It is the key to using the great potential we have in reducing CO 2 emissions in the steel industry. At its core, our climate transformation is based on the use of hydrogen.

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Hydrogen Green Climate Economy 482

Green Car Congress

JULY 9, 2012

China’s State Council has published a plan to develop the domestic energy-saving and new energy vehicle industry, which includes battery-electric vehicles, plug-in hybrid vehicles and fuel cell vehicles. 2012 Chinese Auto Industry Development Report. —Energy-saving and new energy vehicle plan. L/100km (40 mpg US) or less.

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Auto Industry Industrial Industry 2015 334

Green Car Congress

NOVEMBER 17, 2021

The agreement covers the purchase by Southwest of an expected 219 million gallons of negative-carbon-intensity SAF at a fixed price, over a fifteen-year term starting as early as 2026, when the biorefinery is scheduled to begin commercial delivery of fuel. Bayou Fuels.

Carbon 170

Carbon Tax Credit Purchase Mississippi 170

Green Car Congress

APRIL 16, 2019

(Sila Nano) ( earlier post ) as part of Daimler’s research and development activities in support of electromobility. The investment forms part of Sila Nano’s $170-million Series E financing, which was led by Daimler. The investment forms part of Sila Nano’s $170-million Series E financing, which was led by Daimler.

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Lithium Ion Li-ion Batteries Battery 249

Green Car Congress

JUNE 11, 2012

ALTe Powertrain Technologies, developer of a range-extended plug-in electric hybrid powertrain for light commercial fleet vehicle applications, has created a Commitment to Action to spur adoption of hybrid electric technology in the worldwide fleet industry as part of the Clinton Global Initiative America (CGI America) meeting.

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Fleet Global Purchase Financing 236

Green Car Congress

AUGUST 12, 2021

ChargePoint acquired ViriCiti for a total purchase price of approximately €75 million (US$88 million) in cash, subject to adjustments. The ViriCiti team, customer accounts and technology will become part of ChargePoint’s operations. IMPROVED Corporate Finance B.V. Goldman Sachs & Co.

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Fleet Commercial North America San Francisco 218

Green Car Congress

MAY 21, 2012

As part of the transaction, GreatPoint Energy has raised equity investment and secured project funding of $1.25 billion from Wanxiang to finance and construct the first phase of a coal-to-natural gas facility that ultimately will have an annual production capacity of one trillion cubic feet (1 Tcf) (30 billion cubic meters) per year.

Coal 225

Coal Gas Purchase Energy 225

Green Car Congress

JANUARY 23, 2014

BioAmber Inc, an industrial biotechnology company producing sustainable chemicals, has signed a take-or-pay contract for bio-based 1,4-Butanediol ("BDO") with Vinmar International. To date, BioAmber has validated the high quality of its bio-based BDO with more than 20 purchasers of petroleum BDO.

Houston 210

Houston North America Purchase Financing 210

Green Car Congress

APRIL 27, 2018

Once completed in 2019, the scale-up and research facility will be used to develop, test and industrialize lithium-ion battery cells before large-scale production. Northvolt has entered into strategic industrial partnerships with ABB, Vestas and Scania. —Peter Carlsson, Co-Founder and CEO, Northvolt. Earlier post.)

Batteries 207

Batteries Battery Lithium Ion Sweden 207

Green Car Congress

JULY 22, 2009

Green Car Congress attended the Renewable Energy Finance Forum - Wall Street (REFF-Wall Street) conference (23-24 June) sponsored by Euromoney Energy Events and the American Council on Renewable Energy (ACORE). Although not part of the conferences formal structure, the themes were addressed in the presentations and panel discussions.

Financing 150

Financing Renewable Stimulus Package Energy 150

Green Car Congress

JULY 2, 2018

This means that a total of more than 420 cars, well over 100 buses, around 110 special and commercial vehicles and more than 425 new charging points will be purchased and built. As part of the fourth funding call “electromobility”, municipal vehicle fleets—e.g., The mobility of the future is a mega opportunity for our country.

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2017 Taxi 2020 Concept 150

The Truth About Cars

SEPTEMBER 29, 2023

Fain said about 7,000 employees would be taking part in the latest round of work stoppages, joining roughly 18,300 workers who are currently on strike for the union. Last week, the UAW expanded its strike to 38 parts and distribution locations owned by GM and Stellantis. They’re also not particularly keen on the UAW’s updated tactics.

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Chicago General Motors Buick Dodge 111

Green Car Congress

AUGUST 14, 2020

The corridor includes up to a dozen Opportunity Zones, where expanded mobility will connect individuals, small businesses, and communities to Southeast Michigan’s most important industrial, technological, and academic clusters. The announcement took place in front of Michigan Central Station which Ford purchased in 2018.

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Michigan Detroit Connect Connected 221

Teslarati

APRIL 1, 2021

As indicated in recent reports, a Volkswagen joint venture in China has reportedly agreed to purchase green car credits from Tesla in an effort to meet the country’s environmental standards. . Volkswagen, for its part, has not commented on the recent reports. Last year, FAW-VW sold 2.16

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Standards Buy Tesla China 111

Baua Electric

MARCH 18, 2024

As part of the initial phase,125 Citroën ë-C3 were flagged off from BluSmart’s EV charging superhub in Bengaluru on Monday. Through Assure, institutions can finance the purchase of electric cars and lease them to BluSmart against fixed rentals.” Anmol Jaggi added.

Citroen 52

Citroen Fleet Auto Financing 52

Green Car Congress

JANUARY 7, 2020

Buying carbon credits means investing in emission reduction projects that require carbon offsetting financing in order to take place. Carbon offsetting is a bridge to other industry-wide environmental improvements such as fuel with lower emissions. The sale of carbon offsets help to finance the projects.

Carbon 150

Carbon 2020 Emissions San Francisco 150

Get Electric Vehicle

JULY 30, 2022

We all are aware of the paradigm shift happening in the global automotive industry. The industry is trying to come up with more energy-intensive power sources. The electric vehicle industry is opening various doors in both government and private sectors. In India, EV sales surpassed 300,000 units in 2021.

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Industrial Industry Electric Vehicles Vehicles 40

Green Car Congress

JULY 31, 2011

AlixPartners also estimates that on-going unemployment and underemployment could cost the auto industry up to 1.5 According to the study, historically, approximately one of every five vehicles sold is financed by home-value appreciation, a ratio that’s likely to decrease with the continuing stagnancy in home values.

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Auto Industry Industrial Industry Auto 199

My Energi

MARCH 14, 2024

While the Renault 5 not only looks the part, its range and performance stats are hugely impressive – and offers yet another attractive small electric car for drivers all around the globe. What’s more, high purchase costs – currently around £4,000-£5,000 – make them widely inaccessible to many EV drivers. “AC

Future 52

Future Charging Jordan Smart Charger 52

Green Car Congress

NOVEMBER 23, 2013

(collectively, Fisker Automotive) have entered into an asset purchase agreement with Hybrid Tech Holdings, LLC (Hybrid) for the sale of substantially all Fisker assets. Hybrid’s parent, Hybrid Technology, LLC purchased the loan from the US Department of Energy (DOE) for $25 million. Earlier post.). Earlier post.).

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Fisker Hybrid Karma Purchase 250

Green Car Congress

MAY 26, 2010

European industry ministers in an EU Competitiveness Council meeting in Brussels yesterday voiced their support for the European Commission’s strategy for clean and energy-efficient vehicles, which was published last month ( earlier post ).

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2011 Standards Industrial Industry 210

Baua Electric

JULY 15, 2023

Various industries were experimenting with the factitious intelligence-driven conversational chatbot, ChatGPT, because it debuted overdue latter moment. Auto retail is and at all times will probably be a courting industry. Conversations on buyer finance are non-public — and must keep offline and clear of a bot with out a moral sense.

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Conversion Financing Auto Dealers 52

Baua Electric

FEBRUARY 29, 2024

These two projects had previously canceled contracts made in 2019 as part of New York’s first offshore wind solicitation but reached viable power purchase agreements in this latest round. New York State has set a goal to achieve the development of 9,000 megawatts of offshore wind energy by 2035.

New York 52

New York Wind New York City Solar 52

The Truth About Cars

APRIL 4, 2024

Crain’s Detroit Business noted that the event had only spent two years in Detroit after the Traverse City-based specialty auto insurance company moved it there as part of planned revival. Additionally, it speculated that Hagerty was worried about finances after prioritizing growth.

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Detroit Automobile Auto America 105

Drive Electric

AUGUST 28, 2022

Since 2019, they have already reduced their operational emissions by 50% (2021 reporting year) and they offset any remaining operational emissions through the purchase of carbon credits. Tahua: Centre for Sustainable Finance , the Sustainable Business Council , the Climate Leaders Coalition , ChargeNet , Ecotricity and now Drive Electric.

New Zealand 52

New Zealand Financing Climate Change Climate 52

Baua Electric

MAY 10, 2023

It would additionally borrow towards its structures and alternative property to boost finances, Anastasiya Pasterick, the corporate’s lately appointed CFO mentioned Tuesday all the way through the corporate’s first-quarter income name. Nikola is retooling its technique. 6 billion from 800 million.

Hydrogen 52

Hydrogen Corporation Phoenix Financing 52

Green Car Congress

APRIL 17, 2019

The battery leasing credit facility, the first of its kind in the North American public transit industry, is expected to lower the upfront costs of zero-emission buses and put Proterra electric buses at roughly the same price as a diesel bus. We’re seeing innovation both in technology and in businesses around the mobility sector.

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Batteries Battery Fleet Chicago 186

Baua Electric

FEBRUARY 1, 2024

Although reports claimed Hyundai would produce EVs under the Chinese automaker’s Arcfox brand in October, those plans have since fallen through over financing. The project, codenamed OE RE, is part of the South Korean automaker’s strategy to introduce five new EVs in China over the next three years.

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Hyundai Market China BYD 52

EV Life

JUNE 29, 2023

Great news for drivers looking to purchase an electric vehicle in Colorado! But the most exciting part of the new bill for many Colorado residents is the expansion of an additional Colorado Electric Vehicle Tax Credit for qualified drivers looking to purchase electric vehicles.

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Tax Credit Colorado Tax Electric Vehicles 52

Baua Electric

MAY 29, 2023

Their automobile industry construction is just a little difficult – the auto unit is known as Evergrande Fresh Power Auto (Evergrande Auto). Credit score: Sohu Consistent with Sohu Finance, the plant resumed manufacturing of Hengchi 5 on Would possibly 23. Tianjin plant in complete swing. billion yuan (50 billion USD).

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Manufacturer Automobile Automobile Industry Corporation 52

Green Car Congress

JULY 15, 2016

The purchase price for this planned all-cash transaction is US$850 million (~€740 million). Wolfspeed is based in Research Triangle Park, North Carolina, USA, and has been a part of Cree for almost three decades. Infineon will fund the transaction with bank financing of US$720 million and US$130 million of cash-on-hand.

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Power Powered Buy North Carolina 150