Green Car Congress

MARCH 7, 2023

More than two-thirds (68%) of lithium-ion battery production planned for Europe is at risk of being delayed, scaled down or cancelled, according to new analysis by the European NGO Transport & Environment. Battery production capacity equivalent to 18 million electric cars—1.2 Europe must act or risk losing it all.

Companies 430

Companies Batteries Battery Production 430

Green Car Congress

JULY 30, 2022

This figure shows the principles behind the new ceramic membrane used in the production of hydrogen. The end product is compressed hydrogen with a high degree of purity. It also has CO 2 as a by-product. When the protons and electrons are reunited on the other side of the membrane, the product is pure, compressed hydrogen.

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Hydrogen Carbon Production Saudi Arabia 418

Green Car Congress

SEPTEMBER 19, 2021

Germany’s Federal Ministry of Transport and Digital Infrastructure (BMVI) is awarding €80 million to the Fraunhofer-Gesellschaft’s National Action Plan for Fuel Cell Production. The alliance with the Fraunhofer-Gesellschaft is a new dimension for advancing fuel cell production. —Prof.

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Fuel Production Hydrogen Germany 322

Green Car Congress

DECEMBER 12, 2022

IG Metall, Germany’s largest union as well as Europe’s largest industrial union, warns that at Hüttenwerke Krupp Mannesmann (HKM), the switch to climate-neutral steel production is may fail due to the lack of financing. With a current production volume of 4.2 This would be the end of the plant, IG Metall said.

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Financing Climate Conversion Production 221

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

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. Today, these magnets rely on rare earth elements.

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Grant Production Wind Cleaning 345

Green Car Congress

JUNE 16, 2020

Polestar, the electric performance car brand jointly owned by Volvo Car Group and its parent Zhejiang Geely Holding, is open to take production orders for the Polestar 2 electric fastback. Polestar unveiled the car, which is positioned to take on the Tesla Model 3, in February 2019. Earlier post.).

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Los Angeles New York City Production Denver 311

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

OCTOBER 15, 2021

The green hydrogen for the flight will be supplied using Universal Hydrogen’s modular fuel capsules that enable the delivery of hydrogen from the point of production directly to the aircraft using the existing freight network and airport cargo handling equipment without the need for any new infrastructure.

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Hydrogen Universal Financing Los Angeles 397

Green Car Congress

OCTOBER 25, 2022

The Asian Development Bank (ADB) mobilized a $135-million climate financing package for VinFast Trading and Production Joint Stock Company (VinFast) for manufacturing Vietnam’s first fully-electric public transport bus fleet and first national electric vehicle (EV) charging network.

Vietnam 195

Vietnam Financing Climate Fleet 195

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

DECEMBER 22, 2022

Government leaders, ministers, international finance, business partners and civil society from across Africa attended the unveiling event. The new study outlines how production and transmission of green hydrogen can lead to a €1-trillion investment yielding 7 exajoules of energy (versus a consumption in Africa of 19.9

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Africa Mauritania Hydrogen Green 481

Green Car Congress

JUNE 15, 2023

OXCCU, a company spun-out from the University of Oxford in 2021 that is focused on converting carbon dioxide and hydrogen into industrial and consumer products ( earlier post ), completed an £18-million (US$22.8 million) Series A financing round.

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Carbon Fuel Financing Hydrogen 418

Green Car Congress

JUNE 14, 2021

Among other things, we will promote the production of hydrogen on an industrial scale in Australia with German-Australian ‘Hydrogen Hubs’ using German technology and explore possibilities for cooperation within the framework of our new international funding instrument ‘H2-Global’. Co-financing of an AUS-DEU H 2 incubator for applied research.

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Australia Germany Hydrogen Green 334

Green Car Congress

JANUARY 20, 2021

Volta, a builder of commerce-centric electric vehicle (EV) charging networks, announced an oversubscribed Series D financing of $125 million. Goldman Sachs acted as exclusive placement agent to the company in connection with the financing. It will also allow Volta to begin its international expansion.

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Charging Financing Store Porsche 417

Green Car Congress

MAY 21, 2020

Energy company SGH2 is bringing the world’s biggest green hydrogen production facility to Lancaster, California. The City of Lancaster will host and co-own the green hydrogen production facility, according to a recent memorandum of understanding. Hydrogen can also reduce and potentially replace natural gas in all applications.

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Waste Hydrogen Green California 345

Teslarati

JANUARY 22, 2025

London-based research and consulting firm Brand Finance has released its 2025 Brand Finance report, which ranks the value of the world’s most prominent companies. In this year’s rankings, Brand Finance’s study had about 175,000 respondents. billion in early 2024.

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Parts Financing London Buy 106

Green Car Congress

MAY 10, 2022

This will enable the annual EU production of 10 million tons of renewable hydrogen by 2030, set as target in the March 2022 REPowerEU Communication. The Joint Declaration also features Commission actions to put in place a supportive regulatory framework, facilitate access to finance and promote efficient supply chains.

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Manufacturer Hydrogen Russia Renewable 366

Green Car Congress

NOVEMBER 28, 2021

Hydrogen production is also a major emitter of CO 2 , generating approximately 1000 million tons or more than 2% of global O 2 emissions. This financing round will enable the production of Divi-H at an industrial scale, under the first two mass manufacturing lines. and many other production facilities. Source: DiviGas.

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Commercial Hydrogen New York Polymer 418

Green Car Congress

NOVEMBER 27, 2021

Following completion of the scoping study, the company intends to construct a demonstration scale beneficiation and hydrometallurgical plant in order to refine further the metallurgical extraction process, which will ultimately inform the design of a commercial production plant.

Financing 419

Financing Water Li-ion Lithium Ion 419

Green Car Congress

APRIL 22, 2021

million Series A financing round led by prominent Silicon Valley venture fund, Playground Global, with the investor syndicate comprising Fortescue Future Industries, Coatue, Global Founders Capital, Plug Power, Airbus Ventures, JetBlue Technology Ventures, Toyota AI Ventures, Sojitz Corporation, and Future Shape.

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Hydrogen Universal Commercial Building 397

Green Car Congress

DECEMBER 12, 2021

The aim of the three-year project is to develop an agile and digitalized production system complete with modular product concept for innovative electric motors. A modular machine structure permits the reuse of production equipment in an efficient and sustainable way. Earlier post.).

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Motor Motors Motoring Production 243

Green Car Congress

MAY 18, 2020

For Groupe Renault, blockchain has to be used as a collaborative, multi-company digital tool within the automotive sector, thereby becoming a source of increased productivity and collective intelligence. Some of these will be deployed soon. Groupe Renault also consider blockchain as a vector for the transformation of the automotive industry.

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Financing Maintenance Manufacturer 2015 476

Green Car Congress

MARCH 11, 2021

TECO 2030 ASA plans to establish Norway’s first large-scale production of hydrogen-based fuel cells in Narvik in Northern Norway. Work on the site is planned to start in 2021, and the first production is expected next year. TECO 2030 ASA is evaluating various financing alternatives for the new giga factory. Earlier post.).

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Norway Hydrogen Fuel Production 243

Green Car Congress

JULY 7, 2021

The joint venture is equally owned by the two partners and is chaired by David Holderbach, with more than 20 years of experience in strategic, product and international sales at the Renault Group. The products will be sold throughout Europe. A range of financing options and maintenance services will also be offered.

Hydrogen 418

Hydrogen Fuel Vehicles France 418

Green Car Congress

JULY 30, 2021

million in new financing. Niron will use the funding to build its pilot production facility in Minnesota and accelerate the development of its Clean Earth Magnet technology. Niron is developing the first advanced manufacturing process for the mass production of the FeN permanent magnets.

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Minnesota Commercial Cleaning Clean 482

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 10, 2022

Following on the heels of the all-electric E-Transit that began production in March this year—the first of four further all-electric commercial vehicles Ford Pro will introduce by 2024—the E-Transit Custom is designed to set a new benchmark in Europe’s one-tonne van segment. Ford, SK On Co., Earlier post.).

Ford 419

Ford Turkey Electrical Electric 419

Green Car Congress

MARCH 13, 2021

From Lingen (Emsland) to Gelsenkirchen and from the Dutch border to Salzgitter, production, transport, storage and industrial acceptance of green hydrogen are to be connected in several steps between 2024 and 2030 under the umbrella of the overall project. The IPCEI program can finance the network construction in part.

Hydrogen 435

Hydrogen Green Europe Gas-Electric 435

Green Car Congress

NOVEMBER 10, 2020

Inventory financing will be provided by Hitachi Capital America as part of Workhorse’s previously announced strategic partnership with HCA. More than 36% of its production-related staff are currently out with the virus or quarantined awaiting results. Workhorse Group Inc.

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Purchase Companies Financing Electrical 418

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 Industry 243

Green Car Congress

DECEMBER 11, 2022

ethanol—and 23% bionaphtha, which is obtained from residual materials such as tall oil, which is a by-product of pulp production. By financing certified environmental projects, fuel producers do more to improve the environmental impact of the remaining fossil components in R33 fuels.

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Gasoline Germany Audi Diesel 492

Green Car Congress

JUNE 11, 2022

The loan guarantee will help finance construction of the largest clean hydrogen storage facility in the world, capable of providing long-term low-cost, seasonal energy storage, furthering grid stability. The US Department of Energy (DOE) closed on a $504.4-million Rendering of Advanced Clean Energy Storage salt cavern.

Energy Storage 415

Energy Storage Cleaning Clean Hydrogen 415

Green Car Congress

MARCH 9, 2023

During a press conference at NTEA Work Truck Week, Hino Trucks announced an expansion of its product range to include electric vehicles. Hino Trucks will begin production of these new vehicles integrating SEA Electric ’s SEA-Drive power system.

Electrical 448

Electrical Electric Dealers Financing 448

Green Car Congress

JANUARY 28, 2022

Its innovative service models offer subscription solutions such as software-as-a-service and fully financed charging-as-a-service. InCharge Energy’s innovative service models offer subscription solutions such as software-as-a-service and fully financed charging-as-a-service.

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Fleet Energy Financing Maintenance 408

Green Car Congress

DECEMBER 13, 2022

billion loan to Ultium Cells LLC to help finance the construction of new lithium-ion battery cell manufacturing facilities in Ohio, Tennessee, and Michigan. The US Department of Energy (DOE), through its Loan Programs Office (LPO), announced the closing of a $2.5-billion

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Manufacturer Ohio Batteries Battery 435

Green Car Congress

JULY 25, 2021

The financing was led by Amazon’s Climate Pledge Fund, D1 Capital Partners, Ford Motor Company and funds and accounts advised by T. As we near the start of vehicle production, it’s vital that we keep looking forward and pushing through to Rivian’s next phase of growth. The financing was led by funds and accounts advised by T.

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2019 Financing Ford Price 334