Green Car Congress

OCTOBER 13, 2020

a provider of cost-effective drone-integrated electric vehicles to the last-mile delivery sector, has entered into a note purchase agreement (NPA) under which it will sell $200 million aggregate principal amount of its 4.0% Workhorse Group Inc., Senior Secured Convertible Notes due 2024 to two institutional lenders.

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Financing Convert Corporation Price 186

Electric Vehicles India

JULY 20, 2021

for electric vehicle financing. Terra Motors a leading electric vehicles manufacturer in India has partnered with Pooja Finelease Ltd. India’s leading non-banking finance company for electric vehicle financing. for electric vehicle financing appeared first on Promoting Eco Friendly Travel.

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Financing Electric Vehicles Motor Motors 101

Teslarati

JULY 7, 2022

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.

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Fisker Financing Buy Personal 137

EV Life

AUGUST 24, 2023

In the dynamic landscape of electric vehicles, the Rivian R1T has emerged as a groundbreaking innovation, redefining the realm of electric adventure trucks. Its debut at the Los Angeles Auto Show in November 2018 marked the beginning of a transformative journey, propelling Rivian into the forefront of the electric vehicle revolution.

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Financing Electric Vehicles Vehicles Tax Credit 52

Green Car Congress

OCTOBER 25, 2022

AM Batteries (AMB), a developer of lithium-ion dry-electrode technology, closed its Series A financing. One of the fundamental issues with today’s lithium-ion battery manufacturing process is the heavy carbon footprint, energy consumption, and cost from the solvent evaporation and recovery process needed for electrode fabrication.

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Lithium Ion Manufacturer Battery Batteries 150

Green Car Congress

JULY 13, 2020

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.

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Fisker Financing Aston Martin Los Angeles 186

Baua Electric

MAY 27, 2024

Battery maker Exide Industries Ltd will invest around Rs 1,000 crore in its lithium-ion cell manufacturing and battery pack solutions subsidiary Exide Energy Solutions Ltd during the current financial year, the company’s management said. The investment for the project is being financed through internal accruals and loan financing.

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Lithium Ion Industrial Industry Manufacturer 52

Baua Electric

MAY 15, 2024

Commercial EV manufacturer Mullen has scored a $150 million capital infusion that will allow it to expand its domestic and international sales efforts – and put Bollinger’s beefy electric trucks into series production. More than enough, in other words, to get every one of those 15,500 lbs. up to speed and down the road with confidence.

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Financing Production Cayenne Mississippi 52

Green Car Congress

MARCH 9, 2021

a designer and manufacturer of light-duty, short-haul, and last-mile delivery electric vehicles (EVs), has launched the Electric Vaccine Vehicle (EVV). Club Car will provide sales and service support for the vehicles to Element and its Clients. AYRO, Inc., Element Fleet Management Corp., Element Fleet Management Corp.,

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Vehicles Legal Electrical Electric 502

Green Car Congress

NOVEMBER 25, 2019

Group14 Technologies announced $18 million in new financing from Amperex Technologies Limited (ATL), Showa Denko (SDK), Cabot Corporation, BASF Venture Capital, and OVP Venture Partners. The new funds will be used to scale-up manufacturing of a next-generation silicon-carbon composite anode material and advance into commercial production.

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Financing Carbon Li-ion Lithium Ion 243

EV Life

AUGUST 24, 2023

American EV manufacturer Rivian Automotive initially unveiled a prototype of its futuristic all-electric SUV—the R1S—at the Los Angeles Auto Show in November 2018. This article will explore the Rivian R1S, examining its available models and premium features and showcasing how financing the R1S through EV Life can save you both time and money.

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Financing Electric Vehicles Tax Credit Vehicles 52

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. Over its lifetime, more than 40 million vehicles are projected on this basis.

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Manufacturer Auto Fleet Future 435

Green Car Congress

APRIL 13, 2021

The financing will support the development of a commercial-scale processing facility with the annual capacity to process 10,000 tons of batteries—the batteries from approximately 20,000 electric vehicles (EVs) a year.

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Li-ion Lithium Ion Manufacturer Battery 210

Green Car Congress

JANUARY 3, 2019

a manufacturer of electric-mobility solutions to the transportation sector ( earlier post ), closed a $35-million financing with Marathon Asset Management. This agreement provides meaningful, near-term funding that will go directly toward building and delivering vehicles to customers in 2019. Workhorse Group Inc.,

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Financing Purchase Energy Battery 259

Baua Electric

MARCH 5, 2024

EV charging provider ChargePoint , energy solutions provider EnTech Solutions and bank Wells Fargo are collaborating to offer flexible financing solutions for businesses building charging infrastructure for EV fleets. Potential customers include commercial vehicle fleets and businesses.

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Financing Fleet Charging Installation 52

Electric Vehicles India

JANUARY 20, 2023

One of the top companies in the electric automobile market, Saera Electric Auto Private Limited (SEAPL), has agreed to finance vehicles through the non-banking financial corporation (NBFC), AMU Leasing Pvt. have partnered to provide vehicle financing. appeared first on Promoting Eco Friendly Travel.

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Financing Auto Vehicles Electrical 52

Green Car Congress

SEPTEMBER 22, 2021

The combined capabilities will enable the strategic collaboration partnership to offer innovative and reliable electrified propulsion solutions to commercial vehicle manufacturers around the world.

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Commercial Global Market Vehicles 296

EV Life

JUNE 15, 2023

So, if you’re like most potential Tesla buyers, you will probably look to finance your Tesla purchase with a loan rather than pay the sticker price upfront. How Financing Through Tesla Works Tesla offers a variety of auto loan financing options for new and used Tesla models through outside lenders.

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Financing Tax Credit Tesla Tax 52

Green Car Congress

AUGUST 23, 2023

Australia-based hydrogen fuel cell vehicle company H2X Global recently secured a US$57-million deal with US-based firm, Verde Mobility Inc., to fastrack H2X’s delivery of 800 hydrogen-powered vehicles. The Verde agreement paves the way for us to fast-track the launch of our fully developed Darling van.

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EV Life

AUGUST 4, 2023

Chevrolet has continued that trend in the last few years—emerging as a major leader in the electric vehicle industry. The automaker has recently released a slew of new vehicles on the market aimed at meeting the needs of a variety of potential EV drivers. Clean Vehicle Rebate Project (CVRP). Clean Vehicle Assistance Program.

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Chevrolet Financing Electric Vehicles Tax Credit 52

Green Car Congress

SEPTEMBER 23, 2021

6K, a developer of microwave plasma technology for the production of advanced materials for energy storage and additive manufacturing powders ( earlier post ), closed a $51M Series C financing round. 6K’s UniMelt platform offers multifaceted sustainability benefits.

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Manufacturer Global Battery Batteries 170

Electric Vehicles India

DECEMBER 26, 2021

Hero Electric ties up with HDB Financial Services for retail finance. Hero Electric on Wednesday said it has tied up with HDB Financial Services, a non-banking financial company (NBFC), to offer easy financing options for the purchase of electric scooters. For the latest electric vehicles news, follow electricvehicles.

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Financing Electrical Electric Dealers 85

Green Car Congress

AUGUST 20, 2019

The financing was co-led by The Engine and by The GOOSE Society of Texas. Examples of these consumers include manufacturers of semiconductors, LEDs, float glass, food oil, metal, and users of hydrogen fuel cell electric vehicles. million in Series A funding.

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Manufacturer Fuel Clean Cleaning 371

Green Car Congress

SEPTEMBER 2, 2023

billion package of funding and loans primarily focused on retooling existing factories for the transition to electric vehicles (EVs). billion in funding to expand domestic manufacturing of batteries for electric vehicles and the nation’s grid, as well for battery materials and components currently imported from other countries.

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Conversion Grant Manufacturer Supplies 279

Green Car Congress

JUNE 30, 2015

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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Financing California Grant 2015 150

Green Car Congress

SEPTEMBER 10, 2018

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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Li-ion Manufacturer Global Battery 239

Green Car Congress

DECEMBER 14, 2017

the developer of a plug-in electric pickup truck ( earlier post ), has applied for a $250-million loan from the Department of Energy’s (DOE) Advanced Technology Vehicles Manufacturing ( ATVM ) Loan Program. Workhorse Group Inc., The program has issued loans for projects run by Tesla, Ford and Nissan.

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Manufacturer Indiana Vehicles Fuel Economy 150

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. In all, Volkswagen Group brands plan to introduce more than 25 new battery electric vehicles (BEVs) to American consumers through 2030. 4 in 2022, the ID.

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North America America Manufacturer San Jose 195

Green Car Congress

DECEMBER 30, 2022

This scaled production and global expansion comes amidst a recent push from the US Government to stabilize US EV and battery manufacturing supply chains. Reforme was founded by the team that developed a first in the sorting and beneficiating of iron ore.

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Australia Supplies Li-ion Manufacturer 170

Green Car Congress

JULY 10, 2012

GE Capital’s Commercial Distribution Finance (CDF) business has agreed to provide Brammo Inc. with inventory financing to support the expansion of its dealer network in the US. The Ashland, OR-based manufacturer designs and develops electric motorcycles. Brammo products are on permanent display at the Vehicle Innovation Center.

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Electric Motorcycles Financing Motorcycles North America 230

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.

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Arizona Battery Batteries Power 300

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. Category 4: Fuel cell vehicle suppliers. Category 2: Hydrogen distributors.

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Financing Light Fuel Hydrogen 270

Green Car Congress

APRIL 6, 2022

Designed and manufactured in the United States, Proterra’s electric transit buses are equipped with the company’s own battery technology systems. 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.

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Fleet Purchase North America Energy Storage 448

Green Car Congress

APRIL 3, 2014

US Secretary of Energy Ernest Moniz today highlighted improvements to the Advanced Technology Vehicles Manufacturing (ATVM) Loan Program at the Motor & Equipment Manufacturers Association (MEMA) Legislative Summit. The LPO made a total of 5 awards; the other four were: $529 million to Fisker (discontinued).

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Manufacturer Vehicles Fisker Auto Industry 199

Green Car Congress

JANUARY 21, 2022

LAND , a startup electric vehicle manufacturer headquartered in Cleveland, began US production on 120 units of the District E Moto this month. The District is a two-wheeled E Moto, a transitional vehicle that performs as an e-bicycle, e-moped, and e-motorcycle through a ride mode selection interface, with a top speed of 65 mph.

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Motorcycles Cleveland Production Tax Credit 435

Green Car Congress

JANUARY 31, 2023

2 US EV manufacturer as it continues to scale that part of the business. MSRP excludes destination/delivery fee plus government fees and taxes, any finance charges, any dealer processing charge, any electronic filing charge, and any emission testing charge. The Mustang Mach-E was the No.

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Ford Price Production SUV 434

Green Car Congress

NOVEMBER 14, 2019

announced that EnerDel would be an additional key battery supplier for its next-generation C-Series delivery vehicle. Workhorse has secured financing to be able to provide battery leasing packages for the entire EnerDel partnership. The company’s Vigor+ product line is Buy America Compliant and manufactured in Indianapolis, Indiana.

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Battery Batteries Indianapolis Lithium Ion 236