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TECH Project procures $900m debt financing commitments

Innovation News Network

Queensland Pacific Metals has announced it has received A$900m in total indicative debt financing commitments for the TECH Project. The post TECH Project procures $900m debt financing commitments appeared first on Innovation News Network.

Financing 133
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MagREEsource secures €5M in financing; opening first pilot magnet recycling facility in Grenoble

Green Car Congress

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.

Financing 228
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ClearFlame Engine Technologies secures $17M in Series A financing

Green Car Congress

ClearFlame Engine Technologies , a startup developing net-zero engine technology ( earlier post ), has secured $17 million in Series A financing, which will enable commercialization of the company’s innovative engine technology for the long-haul trucking, agriculture and power generation sectors.

Engine 307
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Bank of America introduces residential EV charger financing

Teslarati

BoA said it would allow consumers the option to finance residential electric vehicle chargers alongside their auto loans through the bank. The option of letting consumers finance the chargers will ultimately fall into the hands of dealers and manufacturers, the company said. I’d love to hear from you!

America 145
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Nissan launches sustainable finance framework to fund electric vehicle and sustainable technologies

Green Car Congress

Nissan Motor is launching a sustainable finance framework to help fund its next-generation electrified vehicles, batteries, environmental technologies, and new mobility services. The Nissan Sustainable Finance Framework will enable Nissan to raise funds needed to further enhance its sustainability efforts.

Nissan 186
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ADB leads $135M climate financing package for VinFast e-bus fleet and EV charging network in Vietnam

Green Car Congress

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.

Vietnam 195
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NIO Capital's portfolio firm Standard Robots closes new financing

CN EV Post

The post NIO Capital's portfolio firm Standard Robots closes new financing appeared first on CnEVPost. Standard Robots aims to use driverless, robotics and artificial intelligence technologies to create efficient and flexible logistics solutions to help manufacturing companies improve productivity.

Standards 132
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Gevo closes $68M Green Bond to finance RNG project

Green Car Congress

has closed a $68,155,000 “Green Bond” private activity bonds offering to finance the construction of its renewable natural gas (RNG) project in Northwest Iowa. million in reimbursement for development, long lead equipment, and financing costs incurred during the development period upon closing of the Green Bond Offering.

Financing 321
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Study of premium car buyers finds large majority see driving EV within 5 years; financing most popular option

Green Car Congress

There was also a strong interest in financing options: Of the respondents interested in electric cars, 66% of the German and 65% of the American study participants stated that they would purchase the vehicle via a financial product (financing, leasing or car subscription). This is followed by subscription (32%) and leasing (26%).

Financing 175
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BloombergNEF reports 11% year-on-year rise in renewable energy financing in the first half of 2022, for a total of $226B

Green Car Congress

Wind project financing was up 16% from 1H 2021, at $84 billion. Both sectors have been challenged recently by rising input costs for key materials such as steel and polysilicon, as well as supply chain disruptions and rising financing costs. The 2Q figure, at $3.9 billion raised, is the lowest quarterly total since 2Q 2020.

Renewable 228
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Fisker creates “Fisker Finance” with JPMorgan Chase and Santander

Teslarati

Fisker has announced that through its mobile app, customers will soon be able to finance their vehicle via a partnership with JPMorgan Chase Bank in the US or Santander Bank in Europe. In addition to finance, the app will also be updated to allow customers to make other purchases. Shoot me an email at william@teslarati.com.

Fisker 145
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Ford, Ford Credit introduce sustainable financing framework prioritizing EV, clean production, community investments

Green Car Congress

Ford Motor Company and its financing subsidiary, Ford Motor Credit Company, introduced the North America auto industry’s first sustainable financing framework, focusing on and paying for ambitious plans in vehicle electrification and other environmental and social areas. Vigeo Eiris, an arm of Moody’s Corp.,

Ford 163
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New report showcases innovative finance tools to electrify truck, bus fleets; TCE Toolkit

Green Car Congress

Broader collaboration among key stakeholders and a new generation of finance solutions will be needed to electrify trucks and buses at scale by 2050, according to a report released today by Environmental Defense Fund (EDF), MJ Bradley and Vivid Economics. —“Financing the Transition”. —“Financing the Transition”.

Fleet 212
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Fisker completes $50M financing; Huhnke named CTO

Green Car Congress

recently completed a $50-million Series C financing round funded by Moore Strategic Ventures, LLC, the private investment vehicle of Louis M. Cowen acted as the company’s sole advisor and placement agent on the financing. Fisker Inc. Fisker also named Burkhard Huhnke as chief technology officer (CTO) of Fisker Inc.

Fisker 175
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IG Metall warns that Krupp Mannesmann steel plant may fail due to lack of financing for conversion to climate-neutral steel production

Green Car Congress

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

Climate 212
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Bank of America introduces new EV financing bundle with auto loans and charging

Electrek

Bank of America revealed Wednesday a new bundle program allowing EV buyers to finance their electric vehicle chargers alongside their auto loans. more… The post Bank of America introduces new EV financing bundle with auto loans and charging appeared first on Electrek.

Auto 98
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Faraday Future secures $135 million in financing commitments

Electric Cars Report

Faraday Future, a California-based electric vehicle startup, announced a series of definitive agreements for financing, as well as an important modification to a major provision in the terms of the warrants in the original FF secured financing agreements.

Financing 107
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Workhorse secures $200M in financing from institutional lenders

Green Car Congress

million and will be used to increase and accelerate production volume, advance new products to market, replace previous higher cost financings, and support current working capital and other general corporate purposes. The proceeds of the offering before expenses are expected to be approximately $194.5

Financing 175
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Family Bank & BasiGo Sign Electric Bus Financing Deal In Kenya

CleanTechnica EVs

Financing facilities are critical to the growth of any sector, and this will be a key enabler for Kenya’s electric mobility industry. Kenya’s electric mobility sector is starting to get really exciting and gaining some significant traction.

Kenya 128
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BYD partners with local bank to provide auto financing in Brazil

CN EV Post

The post BYD partners with local bank to provide auto financing in Brazil appeared first on CnEVPost. BYD, which officially entered the Brazilian passenger car market last December, expects to have a presence in 45 cities in the country by the end of this year. For more articles, please visit CnEVPost.

BYD 132
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How To Finance a Used Car in the UK

Clean Fleet Report

Used-car buyers can now find nearly as many offers and choices as those looking for a new one, thanks to the huge popularity of car financing. Just remember to run a car history check before financing the vehicle to ensure it’s worth the money. Car dealerships may have the best financing deals. Dealer Finance for Used Cars.

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$3.2 Million EV Fleet Adoption Financing From Vancity Credit Union

CleanTechnica EVs

$3.2 (..)

Fleet 129
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French Government finance €114m for McPhy Gigafactory project

Innovation News Network

The post French Government finance €114m for McPhy Gigafactory project appeared first on Innovation News Network. The French Government will provide €114m in funding to McPhy Energy to ramp up the development of its Gigafactory project.

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Tesla launches new financing option for Solar Roof with lower monthly payments

Electrek

Tesla has launched a new financing option for its Solar Roof with lower monthly payments as the company tries to make the product more affordable. more… The post Tesla launches new financing option for Solar Roof with lower monthly payments appeared first on Electrek.

Solar 145
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Elon Musk’s new financing efforts on hold amid Twitter deal uncertainties: report

Teslarati

Elon Musk’s efforts to secure new financing that will limit his cash contribution for his planned acquisition of social media platform Twitter has reportedly been put on hold. This financing is reportedly designed to further reduce Musk’s cash contribution for Twitter’s buyout.

Financing 144
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Chevy offers 0% financing on used Bolt EV and Volt

Green Car Reports

General Motors is offering 0% APR financing for 72 months on used Chevrolet Bolt EV electric cars and Chevy Volt plug-in hybrids, reports CarsDirect, which cited a bulletin sent to dealerships last week. If you're considering a used electric car, now might be a good time to spring into action.

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Lucid Motors launches Lucid Financial Services with Bank of America for lease and loan financing

Electrek

Today Lucid Motors announced a new digital financing platform called Lucid Financial Services to provide lease and loan purchase options to Air EV customers in the United States. The financing options are provided through a strategic relationship between Lucid Group and Bank of America.

Motor 133
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Chinese auto chip maker SemiDrive closes $140 million Series B+ financing

CN EV Post

The post Chinese auto chip maker SemiDrive closes $140 million Series B+ financing appeared first on CnEVPost. SemiDrive currently has four series of products with an annual output of one million chips. For more articles, please visit CnEVPost.

Chinese 98
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Avatr closes Series A financing, NIO's stake diluted to less than 1%

CN EV Post

Avatr Technology, previously known as Changan NIO, closed a new round of financing, increasing Changan's stake and decreasing both CATL's and NIO's shareholdings. The post Avatr closes Series A financing, NIO's stake diluted to less than 1% appeared first on CnEVPost. For more articles, please visit CnEVPost.

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Einride secures half a billion in additional financing to support its autonomous freight EVs

Electrek

Autonomous and EV freight technology company Einride announced its future has been hardened by $500 million in financing. The post Einride secures half a billion in additional financing to support its autonomous freight EVs appeared first on Electrek.

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Lucid Group teams up with Bank of America for lender and financing services

Teslarati

Lucid Group ( NASDAQ: LCID ) has announced that it has selected Bank of America as its preferred lending partner, giving customers the opportunity to apply for financing services for a seamless and stress-free experience. This financing solution was developed for Lucid to make it easier for customers to finance electric vehicles.

America 140
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SunPower launches in-house financing for US homeowners who want rooftop solar

Electrek

California-headquartered SunPower (Nasdaq:SPWR) announced today that it’s launched SunPower Financial, which means that customers working with SunPower to buy rooftop solar and storage no longer need a third-party lender to obtain and manage financing.

Solar 144
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Electric bus maker Proterra completes $55M strategic financing

Green Car Congress

Battery-eletcric bus manufacturer Proterra has completed a $55M strategic financing. In conjunction with the equity financing, Proterra completed a debt financing in an amount up to $25 million with Hercules Technology Growth Capital. The existing major investors in Proterra added $11 million of equity.

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Tesla implements subtle interest rate hike for financed vehicles

Teslarati

Tesla’s list prices for its vehicles have not experienced a notable rise recently, but the EV maker has initiated a more subtle price increase for its financed vehicles nonetheless. As could be seen in Tesla’s online payment calculator, the featured financing rate is now 3.74% APR, a 0.5%

Tesla 98
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Zero Motorcycles Closes New $107 Million Round of Financing

Electric Cars Report

Electric motorcycle manufacturer Zero Motorcycles announced the completion of a new $107 million round of financing. The financing saw participation from strategic partners Polaris, Exor and Hero MotoCorp and financial investors including long-time backer Invus and other undisclosed investors.

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IM Motors closes Series A financing as cumulative deliveries reach 1,051

CN EV Post

This is IM Motors' first public financing from other investors, reaching a post-investment valuation of nearly RMB 30 billion ($44). The post IM Motors closes Series A financing as cumulative deliveries reach 1,051 appeared first on CnEVPost. For more articles, please visit CnEVPost.

Motor 104
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Saleen launches shady financing effort and teases modified Tesla vehicles again

Electrek

Saleen Automotive has launched a new shady financing effort to bring the company back from the dead, and the legendary car tuner is dangling modified Tesla vehicles in the process again. The post Saleen launches shady financing effort and teases modified Tesla vehicles again appeared first on Electrek.

Tesla 98
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Sunwoda's EV battery unit reportedly closes $1.18 billion in new financing

CN EV Post

The latest financing brings Sunwoda EVB's valuation to about RMB 30 billion and takes it one step closer to a spin-off IPO. billion in new financing appeared first on CnEVPost. The post Sunwoda's EV battery unit reportedly closes $1.18 For more articles, please visit CnEVPost.

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Faraday Future news suggests financing may be coming soon

Electrek

The post Faraday Future news suggests financing may be coming soon appeared first on Electrek. After a series of unfortunate events, the EV start-up is pushing back the release of its production model, the FF 91. But, recent Faraday Future news suggests it may have found a short-term solution.

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5 automotive options you possibly can simply skip if purchasing on a finances

Baua Electric

However finances constraints can usually maintain you out of your dream automotive. The post 5 automotive options you possibly can simply skip if purchasing on a finances appeared first on Bauaelectric Auto News. Who would not need a fully-loaded automotive with all of the consolation and comfort options?

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Small Modular Reactors: Capital Funding, Financing & Economic Viability

Cars That Think

New nuclear looks different, which requires new types of financing. How does new nuclear differ, and how do we finance that? What to expect from the report: Expert insight into funding developments – analysis of new types of funding for SMRs and advanced reactors, who they would help, and means to ensure financing.

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Historic EU Finance Rules for EVs Undermined by Support for Gas

CleanTechnica EVs

Electric vehicles will be classified as green investments as of 2026, but the EU's green finance rules are severely undermined by the European Commission’s labeling of gas as sustainable.

Gas 131
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Tesla Financing Rates Are The Lowest In The Industry

CleanTechnica EVs

So you want to finance a Tesla but don't know where to go? You're not alone. With so many companies appealing to us to put our financial faith with them, it's hard to know where to turn. The answer?

Tesla 98