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Archer Aviation selects site in Georgia for eVTOL manufacturing facility

Green Car Congress

11/14/2022 The selection of the site for its manufacturing facility represents a key next step as Archer works towards its goal of being first in the industry to bring up a high-capacity production facility. The planned eVTOL aircraft manufacturing facility is expected to create more than 1,000 jobs over the long term.

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PEM electrolyzer company Ohmium closes $45M Series B; quadrupling manufacturing capacity

Green Car Congress

PEM electrolyzer company Ohmium International closed a $45-million Series B financing round. The funds will support Ohmium’s rapid growth plan to quadruple hydrogen manufacturing capacity from 500 MW annually to approximately two GW annually by the end of 2022. Green hydrogen will play a critical role in our clean energy future.

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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!

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Volkswagen committing $7.1B to boost product line-up, R&D, manufacturing in North America; targeting 55% BEV sales by 2030

Green Car Congress

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. The Group is currently assessing governance and finance models, and aims to finalize decisions through 2022. Volkswagen will commit $7.1

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Pace purchases 20 Proterra ZX5 electric buses and EV fleet charging infrastructure

Green Car Congress

Pace is the transportation backbone of Chicago’s suburbs and one of the largest public bus service operators in North America, serving an area nearly the size of the state of Connecticut. Designed and manufactured in the United States, Proterra’s electric transit buses are equipped with the company’s own battery technology systems.

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Li-ion battery-maker Farasis Energy raises $1B+ to accelerate global automotive battery manufacturing expansion

Green Car Congress

Farasis Energy, a global developer and manufacturer of lithium-ion cells, modules and large battery systems, recently completed C-round financing exceeding 1 Billion US dollars. The compay will use the capital raised to accelerate the expansion of its global automotive battery manufacturing infrastructure.

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Proterra and Miami-Dade County announce major EV technology project for fleet electrification; 42 more electric buses, 75 chargers

Green Car Congress

This announcement brings the County’s total to 75 electric transit buses from Proterra, one of the largest fleets of 40-foot electric transit buses in the United States. Designed and manufactured in the United States, Proterra’s electric transit buses are equipped with the company’s battery technology systems.

Miami 284