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Lux Research: fuel cell vehicles lag other drivetrains in terms of cost of ownership; ICE and HEV lowest cost

Green Car Congress

The Lux analysts ran scenarios associated with operation and ownership, broken out into fuel cost alone; fuel cost plus operation, but excluding purchase or lease; and fuel cost plus operation, including purchase or lease (total ownership cost). Source: Lux Research. Click to enlarge.

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Wanxiang and GreatPoint Energy close $1.25B deal for 1 Tcf/year coal-to-natural-gas plant in Xinjiang; Sinopec to purchase output, building pipeline to east

Green Car Congress

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. As part of the transaction, GreatPoint Energy has raised equity investment and secured project funding of $1.25

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Volkswagen, Stellantis and Glencore backing ACG in $1B purchase of Brazilian nickel sulfide and copper mines

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Volkswagen, Stellantis and Glencore are supporting the purchase of the Atlantic Nickel nickel sulfide and the Mineraçao Vale Verde copper mine in Brazil by ACG , a London-listed special purpose acquisition company (SPAC), for US$ 1 billion. They have a combined 2022 Adjusted EBITDA of $260 million.

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Pennsylvania’s Public-Private Partnership Board approves CNG project for public transit, private fleet fueling

Green Car Congress

Through the project, the private partner will design, build, finance, operate and maintain CNG filling stations at up to 37 transit facilities. In addition, PennDOT will enter into a CNG supply contract with the selected partner as well as purchase agreements with each of the transit agencies.

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Fisker opens reservations for Ocean SUV; cost starts as low as $379/month

Green Car Congress

The Fisker app offers a flexible lease program, maintenance and repair on demand, insurance purchase to easy finance options. Fisker will also offer a “$0 drive off” option through a fully financed $2,999 down payment for credit approved customers. The $250 reservation may also be applied to the purchase of the vehicle.

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ChargePoint acquires eBus and commercial vehicle management provider ViriCiti to accelerate fleet electrification

Green Car Congress

ChargePoint acquired ViriCiti for a total purchase price of approximately €75 million (US$88 million) in cash, subject to adjustments. The combined solution underscores the importance of software to EV charging and will ensure operational readiness at low cost as fleets of all types across North America and Europe continue to electrify.

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Neo Performance Materials and Energy Fuels launching US-European rare earth production initiative

Green Car Congress

Upon completion of the current commercial-scale pilot program at the White Mesa Mill, Neo’s Silmet facility expects to purchase and process a minimum of 840 metric tonnes of total rare earth oxides (TREO) per year from Energy Fuels, which is in addition to Silmet’s current production.

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