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DOE awarding $1.6B to 11 battery materials separation and processing projects as part of $2.8B funding

Green Car Congress

The project involves strong partnerships, commitments, and support from domestic technology and equipment suppliers such as Phillips 66 and Harper International, validation partners such as Oak Ridge and Argonne National Labs, and cell manufacturers and automotive original equipment manufacturers (OEMs).

Parts 459
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Germany and Australia to establish alliance on green hydrogen supply chain

Green Car Congress

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.

Australia 334
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KAR International broadcasts rebrand beneath the title Openlane

Baua Electric

KAR International mentioned the primary market branded as such will origination in Canada, with the corporate combining ADESA Canada and TradeRev, its present platforms there, in June. KAR International additionally mentioned it has finished a consolidation of its ADESA Europe, ADESA U.Ok. Canada and Europe, the scoop let go mentioned.

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National Electric Vehicle Sweden halts production while it sorts out financing

Green Car Congress

National Electric Vehicle Sweden (NEVS), the company resurrecting the Saab brand ( earlier post ), has halted production of its vehicles (currently at 6 units per day) while it sorts through financing issues and aligns its strategy with new OEM partners. Ltd, has not fulfilled its contractual obligation to finance the operations, NEVS said.

Financing 225
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Proton Motor Fuel Cell and Aumann AG expand partnership to series production of hydrogen fuel cells

Green Car Congress

Since 2017, Proton Motor Fuel Cell GmbH has been working with Aumann AG as part of the larger EU program “ Fit-4-AMandA ” (Fit for Automatic Manufacturing and Assembly) on hydrogen fuel cell stack production with financing from the agency FCH JU (Fuel Cells and Hydrogen Joint Undertaking).

Hydrogen 459
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GlobalData: Hydrogen market growth to surge in 2023 despite slowing global economy

Green Car Congress

On the other hand, venture finance deal values also grew from $595.23 In Canada, Green Hydrogen International (GHI) announced two important green hydrogen projects as a sole participant, with 43 mtpa capacity each, which are expected to begin production in 2030. Last year, mergers and acquisitions (M&A) deals reached $24.4

Hydrogen 473
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Report: total investment of $8.1T in nature required over next 3 decades; tripling current investments needed by 2030

Green Car Congress

The report uses the global standard developed by the International Union for the Conservation of Nature (IUCN) for nature-based solutions. —“State of Finance for Nature”. The report calls for coupling investments in restoration action with financing conservation measures. A total investment of $8.1

Financing 296