Green Car Congress

NOVEMBER 23, 2022

Niron will use this financing to advance the commercial partnerships and pilot production of its rare earth-free Clean Earth Magnet, further demonstrating its potential to replace rare earth permanent magnets. Earlier post.). Today, these magnets rely on rare earth elements. One of the top 5 global wind turbine OEMs.

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Grant Production Wind Clean 345

Green Car Congress

JANUARY 31, 2023

With its new EV supply chain coming online, Ford says it is significantly increasing production of the Mustang Mach-E this year to help reduce customer wait times and to take advantage of streamlined costs to reduce prices across the board, making Mustang Mach-E even more accessible to customers and keeping it competitive in the marketplace.

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Ford Price Production SUV 434

Green Car Congress

OCTOBER 13, 2020

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

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Financing Convert Corporation Price 186

Green Car Congress

APRIL 10, 2021

Syzygy Plasmonics, a technology company developing a high-performance photocatalyst for the industrial gas, chemical and energy industries, announced a $23-million Series B financing led by Horizons Ventures with participation from new global investors including Equinor Ventures. Earlier post.). of global greenhouse gas (GHG) emissions.

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Hydrogen Manufacturer Production Universal 221

Green Car Congress

JUNE 17, 2020

The European Investment Bank (EIB) has signed a €125-million loan with Umicore, the Belgian-based global materials technology and recycling group, to finance part of the greenfield production facility for cathode materials in Poland. Battery production is a rapidly advancing industry. billion of overall project costs.

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Poland Lithium Ion Batteries Battery 243

Green Car Congress

SEPTEMBER 2, 2023

This includes making available $2 billion in grants and up to $10 billion in loans to support automotive manufacturing conversion projects that retain high-quality jobs in communities that currently host these manufacturing facilities. Converting and Retrofitting America’s Manufacturing Plants.

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Conversion Grant Manufacturer Supplies 279

Green Car Congress

MARCH 22, 2022

billion over the next five years in the North American region (NAR) (Canada, Mexico, United States) to boost its product portfolio, regional R&D and manufacturing capabilities. This strategy builds on the company’s preparation of its Chattanooga facilities for local EV production. Volkswagen will commit $7.1 Assembly of the ID.4

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North America America Manufacturer San Jose 195

Green Car Congress

OCTOBER 20, 2022

billion to 21 projects to expand domestic manufacturing of batteries for electric vehicles (EVs) and the electrical grid and for materials and components currently imported from other countries. billion will go to 11 projects in the materials separation and processing segment of the supply chain. Earlier post.) Of that, $1.6

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Parts Batteries Battery Lithium Ion 459

Green Car Congress

DECEMBER 8, 2021

Kolmar is a wholly owned subsidiary of Kolmar Group AG that is a privately held service provider, manufacturer, and marketer of renewable fuels headquartered in Zug, Switzerland. With protein and corn oil co-product sales, Net-Zero 2 is estimated to generate gross revenues of approximately US$350 million per year.

Renewable 186

Renewable Supplies Fuel Switzerland 186

Green Car Congress

OCTOBER 1, 2020

The proceeds of the bond will be used to fund the design, development and manufacturing of fully electric cars in line with the company’s recently established Green Finance Framework. A report will be issued annually to provide full transparency to investors. —Carla de Geyseleer, Chief Financial Officer.

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Volvo Green Luxembourg Cars 514

Green Car Congress

JULY 28, 2022

This marks the first loan from the Advanced Technology Vehicles Manufacturing (ATVM) Loan Program since 2011, and the first ATVM loan exclusively for a supply chain manufacturing project. The loan will help finance the construction of the Syrah Vidalia Facility. Vidalia Battery Anode Material Project Site Overview.

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Mozambique Production Louisiana Lithium Ion 243

Green Car Congress

JULY 14, 2021

Volkswagen Group executives laid out the basics of the new Group strategy “NEW AUTO – Mobility for Generations to Come”, which will see the Group realign from being a from vehicle manufacturer to a leading, global software-driven mobility provider. Like the MEB today, the SSP will be open to other auto manufacturers.

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Manufacturer Auto Fleet Future 435

Green Car Congress

JUNE 10, 2023

The US Department of Energy’s (DOE) Loan Programs Office (LPO) announced a conditional commitment for an $850-million loan to help finance the construction of KORE Power ’s advanced battery cell manufacturing facility in Buckeye, Arizona. million gallons of gasoline per year.

Arizona 300

Arizona Batteries Battery Power 300

Green Car Congress

AUGUST 31, 2022

Under the terms of the binding sales agreement, FREYR will supply 38 GWh of cumulative clean, next-generation battery cells to Nidec between 2025 – 2030 from FREYR’s Giga Arctic facility in Mo i Rana, Norway, which is currently under construction. —Tom Einar Jensen, FREYR CEO.

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Li-ion Supplies Norway Energy Storage 150

Green Car Congress

JUNE 28, 2021

The Renault Group has entered two major partnerships for the production of Li-ion batteries in France. The initial phases of the partnership will involve the financing of a R&D center (Verkor Innovation Center) and a pilot line for battery cell and module prototyping and production in France as early as 2022.

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France Batteries Battery Production 334

Green Car Congress

JULY 26, 2021

The financing round was led by LDV Partners and Alpha JWC Ventures. Venti provides autonomous systems such as tug-trailers for goods movement in manufacturing yards, warehouses, and logistics hubs; self-driving prime movers for the transport of shipping containers; and small luxury community transports.

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Transportation MIT Supplies Market 321

Teslarati

JULY 25, 2022

According to recent SEC filing, Faraday Future (FF) is delaying the start of production and deliveries of its debut EV to later this year. The EV startup stated it would push back the start of production and deliveries of its FF 91 flagship to the third or fourth quarter of 2022. Read Farady Future’s filing below.

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Supplies Future Production Financing 74

Green Car Congress

OCTOBER 30, 2022

POSCO Holdings has moved up the scheduled investment in the second stage of a lithium production operation in Argentina from next year to now, due to increased demand for lithium amid booming investment in the secondary battery sector resulting from the “Inflation Reduction Act ” in the United States. billion (about KRW 1.5

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Argentina Production Financing United States 150

Green Car Congress

DECEMBER 13, 2013

The US Department of Energy (DOE) has issued a Request for Information (RFI) ( DE-FOA-0001055 ) for light-duty fuel cell electric vehicles (FCEV) fueling infrastructure financing strategies within the context of an early market introduction. This is the least developed supply chain element at this time. Category 3: Hydrogen producers.

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Financing Light Fuel Hydrogen 270

Green Car Congress

JUNE 22, 2023

billion to BlueOval SK LLC (BOSK) for the construction of three manufacturing plants to produce batteries for Ford Motor Company’s future Ford and Lincoln electric vehicles. Together, the plants, one located in Tennessee and two in Kentucky, will enable more than 120 GWh of US battery production annually. Earlier post.)

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Ford Kentucky Tennessee Batteries 150

Green Car Congress

APRIL 7, 2022

Porsche is investing US$75 million in HIF Global LLC, a holding company of internationally active project developers of eFuel production facilities. Initiated by Porsche and implemented with partners including Siemens Energy and ExxonMobil, production of eFuels from hydrogen and CO 2 using wind energy is expected to start there in mid-2022.

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Porsche Chile Global Industrial 243

Green Car Congress

MARCH 8, 2021

are launching a new rare earth production initiative spanning European and North American critical material supply chains. The initiative will produce value-added rare earth products from natural monazite sands, a byproduct of heavy mineral sands mined in the southeastern United States.

Energy 186

Energy Fuel Production Estonia 186

Green Car Congress

AUGUST 5, 2022

Virescent Ventures led the funding round on behalf of the Clean Energy Finance Corporation (CEFC) (Aus), with participation from Kiko Ventures (UK), IP Group Australia, Vestas Ventures (Denmark), Hostplus (Aus) and BlueScope (via its ventures arm BlueScopeX TM) (Aus). The Hysata electrolyzer operates at 95% system efficiency (41.5

Commercial 307

Commercial Australia Hydrogen Denmark 307

Green Car Congress

SEPTEMBER 1, 2023

Eos Energy, a provider of safe, scalable, efficient, and sustainable zinc-powered long-duration stationary energy storage systems, announced Project AMAZE (American Made Zinc Energy), a $500-million planned expansion and a significant milestone to build 8 GWh of clean energy storage production capacity.

Energy Storage 195

Energy Storage Energy Polymer Legal 195

Green Car Congress

OCTOBER 13, 2021

Norway-based FREYR Battery has formed a 50:50 joint venture in the United States with Koch Strategic Platforms (KSP) to develop an initial 50 GWh of Gigafactory-scale battery cell manufacturing capacity in the US based on 24M Technologies (24M) SemiSolid platform technology ( earlier post ).

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Lithium Ion Norway Convert Financing 305

Baua Electric

APRIL 15, 2024

China already has enough battery manufacturing capacity to supply all global EV production, according to Bloomberg New Energy Finance. China’s declared 2023 battery production alone was close to the actual global demand, according to BNEF, which notes that the U.S.,

Global 52

Global China Batteries Battery 52

Green Car Congress

NOVEMBER 27, 2021

Cornish Lithium said that securing long-term investment from TechMet is a significant step forward that allows it to accelerate its activities towards creating a domestic supply of lithium and other battery metals for the UK. The investment is the first that Cornish Lithium has secured from a financial institution. Source: Cornish Lithium.

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Financing Water Li-ion Lithium Ion 419

Green Car Congress

JUNE 20, 2023

Globally, the battery industry needs to invest at least $514 billion across the whole supply chain to meet expected demand in 2030, and $920 billion by 2035, according to a new analysis by Benchmark. Manufacturing the additional 2.7 Natural and synthetic graphite are forecast by Benchmark to have a combined supply gap of 3.6

Industrial 243

Industrial Industry Global Lithium Ion 243

Green Car Congress

SEPTEMBER 11, 2022

Planned completion and start of production is in 2025. The project will convert spodumene concentrate sourced principally from Piedmont’s international project investments to expand significantly the US supply of lithium hydroxide, a key component in the manufacturing of EV batteries.

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Tennessee Ghana North Carolina Financing 243

Green Car Congress

DECEMBER 21, 2020

Group14 Technologies, a developer of a micronized silicon-carbon powder, tunable by design and drop-in ready, has secured $17 million in Series B funding led by SK Materials, one of the world’s top manufacturers of special gases and industrial gases, with participation from returning investor OVP Venture Partners.

Lithium Ion 170

Lithium Ion Li-ion Production Washington 170

Green Car Congress

AUGUST 3, 2014

which designs, manufactures, operates and services carbonate fuel cell power plants, announced a broadening and deepening of its existing relationship with NRG Energy including a $35.0-million The company has the option to continue the financing term for each project after COD for a maximum term of five years per project. per share.

Financing 244

Financing Energy Companies Carbon 244

Green Car Congress

MARCH 21, 2022

With this level of cell energy efficiency—well above International Renewable Energy Agency’s (IRENA) 2050 target and significantly better than existing electrolyzer technologies—hydrogen production cost could be well below US$1.50/kg. This leads to inherently bubble-free operation at the electrodes.

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Hydrogen Energy Water Renewable 396

Green Car Congress

APRIL 21, 2022

The global push to convert the world to electric vehicles will cause supply chain complexities that could undermine the alternative energy transition in the United States, according to a new report from Rice University’s Baker Institute for Public Policy. This surge occurred mostly in China, driven by steel manufacturing.

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China Energy Indonesia Power Grid 416

Green Car Congress

JULY 25, 2023

Separately, Italian railway operators Azienda Regionale Sarda Trasporti (ARST) and Ferrovie della Calabria (FdC) awarded Stadler two framework agreements for the supply and maintenance of 10 hydrogen trains for ARST in Sardinia and 15 similar vehicles for FdC in Calabria.

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Battery Powered Hydrogen Power Powered 351

Cars That Think

APRIL 15, 2024

With headquarters in Baden-Württemberg, Germany, ZF Friedrichshafen AG is known for a rich R&D heritage and many commercially successful innovations dating back to 1915, when it began supplying gears and other parts for Zeppelins. Surprisingly enough, the first ones who brought this into serious production were [Renault].

Motor 137

Motor Motors Motoring Supplies 137

Green Car Congress

MAY 4, 2020

The A$300 million (US$193 million) Advancing Hydrogen Fund will be administered by the Clean Energy Finance Corporation (CEFC). The ARENA round is a $70-million grant program aiming to demonstrate the technical and commercial viability of hydrogen production at a large-scale using electrolysis. Source: CEFC.

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Hydrogen Financing Australia Renewable 286

Green Car Congress

MAY 18, 2022

BMW i Ventures announced a lead investment in the Series A-1 financing round of Vancouver-based Mangrove Lithium. This is essential to the future of electric vehicles, as a sustainable and scalable production of lithium is needed to meet the increasing battery demand. —Kasper Sage, Managing Partner at BMW i Ventures.

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BMW Green Carbon Convert 243