Electrek

JUNE 7, 2022

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.

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Financing America Motor Motors 124

Electric Vehicles India

JULY 20, 2021

Terra Motors partners Pooja Finelease Ltd. 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. The post Terra Motors partners Pooja Finelease Ltd.

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Financing Electric Vehicles Motor Motors 101

CN EV Post

AUGUST 1, 2022

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.

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Financing Motor Motors Motoring 98

Green Car Congress

MAY 12, 2020

Hyundai Motor Company is partnering with Incheon International Airport Corporation (IIAC), Air Liquide Korea and Hydrogen Energy Network (HyNet) to establish a hydrogen refueling station for fuel cell electric buses at Incheon Airport’s Terminal 2 by March 2021.

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Hyundai Hydrogen Motor Motors 377

Green Car Congress

NOVEMBER 5, 2020

Hyundai Motor Company is spearheading the development of a hydrogen fuel cell commercial vehicle ecosystem in China with regional partners. Hyundai Motor signed an MOU with Shanghai Electric Power Co., —In Cheol Lee, Executive Vice President and Head of Commercial Vehicle Division at Hyundai Motor.

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Hyundai Commercial China Motor 356

The Truth About Cars

APRIL 16, 2024

General Motors recently announced a move from the Renaissance Center (RenCen), the building it purchased in 1996, to a new location at the Hudson’s Detroit building further north. He did say that GM’s executives and corporate offices, including finance, legal, and other departments would make the move.

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General Motors Detroit Motor Motors 101

Baua Electric

JANUARY 18, 2024

TEMO’s easy-installation electric outboard motors make it painless for boaters to convert their vessels into electric boats. The French company TEMO just landed a €6 million Series A financing round with the US impact fund At One Ventures, the Ecotechnologies 2 fund, and business angels, to accelerate the company’s growth.

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DIY Installation Motor Motors 97

Green Car Congress

AUGUST 2, 2022

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.

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Financing Nissan New Zealand Re-Charge 199

Green Car Congress

SEPTEMBER 19, 2014

Tech CU (Technology Credit Union) is working with Tesla Motors as a preferred financing partner for their Model S, Model X and Roadster electric vehicles, offering up to 100% financing with a competitive annual percentage rate (APR).

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Financing Tesla Motors Motor Motors 236

Green Car Congress

JANUARY 11, 2019

Infinitum Electric , developer of ultra high-efficiency, durable, lightweight and cost-effective electric motors built with patented printed circuit board (PCB) stator technology and integrated control systems, has closed a $1.8-million million Series A round of financing, led by Cottonwood Technology Fund (CTF).

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Motor Motors Motoring Market 262

Green Car Congress

JUNE 23, 2021

Hyundai Motor Group and Grab Holdings Inc. The Group—including Hyundai Motor Company and Kia Corporation—and Grab will further develop new pilots and initiatives that lower the barriers of entry for Grab driver and delivery-partners to adopt EVs, such as lowering the total cost of ownership and reducing range anxiety.

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Asia Hyundai Indonesia Singapore 199

Green Car Congress

DECEMBER 18, 2020

Toyota Caetano Portugal (TCAP), the joint venture of Toyota Motor Europe (TME) and Salvador Caetano, strengthened its strategic alliance with CaetanoBus and Finlog by becoming the direct shareholder of the two Portuguese companies. The ordered H2.City

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Toyota Europe Fuel Motor 221

Baua Electric

MARCH 15, 2024

Blue Energy Motors, a leading liquefied natural gas (LNG) truck manufacturer, is seeking to secure UDS 100 million in funding to support its foray into the electric vehicle market. Notable investors in the first round of funding included FPT Industrial — a part of the Iveco Group that supplies engines for Blue Energy Motors’ LNG trucks.

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Motor Motors Motoring Energy 52

Green Car Congress

NOVEMBER 13, 2019

China-based Xpeng Motors has closed a US$400-million Series C capital funding from a group of strategic and institutional investors. Xiaomi Corporation and Xpeng Motors have achieved significant progress through in-depth collaboration in developing technologies connecting smart phones and smart cars. and a former Alibaba executive.

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Chinese Motor Motors Motoring 199

Green Car Congress

NOVEMBER 29, 2019

The BMW Group and Great Wall Motor have launched a new joint venture—Spotlight Automotive Limited—and are building a joint plant in China, where the BMW Group will produce future fully-electric models of its MINI brand. Jiangsu is also one of the leading provinces for finance, education and technology.

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Mini E BMW China Future 259

Teslarati

NOVEMBER 12, 2021

Lordstown Motors ( NASDAQ: RIDE ) reported its Q3 2021 Financial Results on Thursday and reported that it will delay the Endurance all-electric pickup once again. Additionally, Lordstown Motors confirmed the sale of its Lordstown, Ohio factory to Foxconn. Lordstown Motors (@LordstownMotors) November 12, 2021. RideWithLordstown.

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Ohio Motor Motors Motoring 132

Baua Electric

APRIL 5, 2024

Hyundai Motor Group, including Kia, is using affordability to gain market share in the US. With low-cost electric cars, Hyundai Motor , along with Kia, surged past American automakers Ford and GM in the US EV market in the first three months of 2024. 305 $51,265 SE Dual Motor AWD 77.4 316 $47,065 SEL Dual Motor AWD 77.4

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Affordable Kia Hyundai Boston Consulting Group 52

Green Car Congress

MARCH 20, 2019

Hyundai Motor Group and India-based Ola—one of the world’s largest ride-hailing platforms— announced a strategic partnership under which Hyundai Motor Company and Kia Motors Corporation will make their biggest combined investment to date, as part the Group’s continued efforts to become a Smart Mobility Solutions Provider.

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Hyundai Motor Motors Motoring 186

Teslarati

DECEMBER 21, 2022

General Motors CEO Mary Barra has been pretty open about her desire to surpass Tesla and become the global leader in electric vehicles (EVs). We know that’s going to catapult General Motors to a leadership category in EVs,” Hassani said in a segment at Yahoo! Don’t hesitate to contact us with news tips.

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General Motors GM Motor Motors 98

Cars That Think

AUGUST 27, 2021

After Faraday [left] failed to acknowledge his mentor, Humphry Davy [right], in an 1821 paper on the electric motor, Davy accused him of plagiarism. And if you'd like to build your own Faraday motor, this video will walk you through it: Although a great proof of concept, Faraday's device was not exactly useful, except as a parlor trick.

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Davis Motor Motors Motoring 145

Green Car Congress

JUNE 19, 2015

Elio Motors, the developer of the three-wheeler Elio, has launched a crowd-funding initiative as the next phase in its fundraising strategy. Individuals interested in learning more about the Elio Motors investment opportunity can go to StartEngine.com , the crowd-funding website launched today by business incubator Start Engine.

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Motor Motors Motoring MPG 150

Green Car Congress

JANUARY 16, 2014

YASA Motors, the manufacturer of highly differentiated advanced axial flux motors and generators based on its Yokeless And Segmented Armature (YASA) technology ( earlier post ), has raised £5 million (US$8.2 million) in new financing from a combination of existing and new investors. —Chris Harris, CEO of YASA Motors.

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Motor Motors Motoring 2000 199

Green Car Congress

NOVEMBER 5, 2021

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.,

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Financing Ford Clean Cleaning 170

Green Car Reports

JANUARY 15, 2021

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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Financing Volt General Motors Chevrolet 187

Electrek

APRIL 26, 2022

Lucid Group has announced a new agreement with long-time supporter Saudi Arabia and its Ministry of Finance. Under the terms of the agreement, the Government of Saudi Arabia has committed to purchasing 50,000 EVs from Lucid Motors over the next ten years, with the option to purchase an additional 50k over that same timeframe.

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Saudi Arabia Purchase Motor Motors 98

Green Car Congress

MARCH 7, 2012

Carbon Motors Corporation, developer of a diesel-engined law enforcement vehicle ( earlier post ), announced that the US Department of Energy (DOE) has indicated that it will not proceed with Carbon’s $310 million application for a direct loan under the Advanced Technology Vehicle Manufacturing (ATVM) program. —William Li.

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Financing Carbon Motor Motors 231

Green Car Congress

FEBRUARY 1, 2013

According to a new binding agreement, Daimler AG will invest in BAIC Motor, the passenger car unit of BAIC Group. Daimler’s investment will take place through the issuance of new shares corresponding to a 12% stake in BAIC Motor. Daimler’s shareholding in BAIC Motor is subject to the approval by the relevant authorities.

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Motor Motors Motoring Mercedes 247

Green Car Congress

DECEMBER 7, 2021

Mazda Motor Corporation will introduce the Mazda2 Hybrid in Europe from the spring of 2022. The Mazda2 Hybrid will be an OEM model supplied by Toyota Motor Europe, a wholly owned subsidiary of Toyota Motor Corporation, and will be added to the Mazda2 lineup in Europe and sold as Mazda's own brand vehicle.

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Europe Toyota Supplies Hybrid 395

Green Car Congress

JULY 30, 2021

million in new financing. Surging global demand for electric vehicles (EVs) and other motorized devices has highlighted global dependency on the unsustainably-produced rare earth materials currently required for the magnets needed in electric drivetrains and motors.

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Minnesota Commercial Clean Cleaning 482

Green Car Congress

DECEMBER 7, 2012

American Suzuki Motor Corporation (ASMC) has received court approval for Debtor-In-Possession (DIP) financing. As a result, the Company will be able to borrow up to $50 million for operations and up to $50 million for purchases of inventory from Suzuki Motor Corporation (SMC). Earlier post.)

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Suzuki Financing Motor Motors 218

Green Car Congress

FEBRUARY 7, 2023

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.

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Financing Hydrogen Manufacturer Wind 243

The Truth About Cars

MAY 27, 2021

On Wednesday, the Senate Finance Committee advanced the Clean Energy for America Act making a few tweaks from earlier proposals. It’s good news for General Motors, which recently begged the government for just […]. It’s good news for General Motors, which recently begged the government for just […].

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Tax Credit Financing Tax General Motors 119

Teslarati

MAY 5, 2021

Lucid Motors has announced that it has appointed former Waymo Treasurer and Head of Investor Relations Sherry House as its Chief Financial Officer ahead of the automaker’s decision to become a publicly-traded company. Sherry House: Lucid Motors’ new Chief Executive Officer. We are delighted to have Sherry join us.

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Companies Motor Motors Motoring 96

Green Car Congress

APRIL 5, 2022

With opportunities for drivers to earn additional income upon purchasing a new vehicle by having Firefly’s smart display screen technology integrated onto and inside each vehicle, Hyundai Drive by Firefly could help cover monthly car lease/financing costs for qualified drivers and fleets for the duration of the program.

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Hyundai Fleet Tax Credit America 170

Green Car Congress

JUNE 15, 2011

The KLD Energy Technologies motor system, which uses an innovative nanocrystalline composite material ( earlier post ), will be featured in a new line of electric scooters for the Malaysian market. This flexibility allows manufacturers to serve different market segments using the same motor.

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Motor Motors Motoring Energy 199

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. Iron nitride has a very high magnetic flux density; flux density is proportional to torque density in motors and generators.

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Grant Production Wind Clean 345

Electric Vehicles India

NOVEMBER 2, 2021

EV sales in India: Hero Electric, Tata Motors, BMW. According to the Centre for Energy Finance at Council on Energy, Environment and Water at Centre for Energy Finance (CEEW-CEF) until September, electric two-wheeler sales stood at 58,264 units and three-wheelers at 59,808 units. ” Tata Motors .

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India BMW Sale Motor 59