Green Car Reports

APRIL 15, 2024

China already has enough battery manufacturing capacity to supply all global EV production, according to Bloomberg New Energy Finance.

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Global China Batteries Battery 176

Green Car Reports

MARCH 19, 2024

Fisker has paused production of its Ocean electric SUV for six weeks as it seeks to draw down inventory and secure additional financing. To the funding point, Fisker confirmed Monday that it has secured "a financing commitment from an existing investor" of up to $150 million.

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Fisker Production Financing SUV 136

CleanTechnica EVs

JANUARY 18, 2024

Northvolt has closed on a $5 billion green loan package that will help it expand production at its Ett factory in northern Sweden. The post Northvolt Secures $5 Billion in Financing For Circular Battery Factory appeared first on CleanTechnica.

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Financing Sweden Batteries Battery 103

Teslarati

JULY 22, 2023

Tesla has opened up a new financing term option for EV customers with an 84-month term, extending the payoff period for vehicle owners that wish for more financial flexibility. The automaker opened the 84-month financing term on Friday. NEWS: @Tesla has launched 84 month financing in the US. I’d love to chat!

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Financing Tesla Affordable Buy 98

Teslarati

FEBRUARY 8, 2023

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. With the nationwide EV outlook expected to reach 26.4

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Financing America Charging Purchase 145

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

CN EV Post

MARCH 6, 2023

Standard Robots aims to use driverless, robotics and artificial intelligence technologies to create efficient and flexible logistics solutions to help manufacturing companies improve productivity. The post NIO Capital's portfolio firm Standard Robots closes new financing appeared first on CnEVPost.

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Financing Standards Manufacturer Production 129

CN EV Post

APRIL 28, 2024

HiPhi has recently received a strategic investment from a Hong Kong-based organization that will help it resume operations and production, which could happen in late April or early May, according to local media.

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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

Teslarati

JULY 9, 2023

France’s Finance Minister, Bruno Le Maire, is optimistic that Tesla would decide to significantly invest in the country. Over the weekend, Finance Prime Minister mentioned that “several options were on the table” regarding Tesla investing in France. Potential Tesla investments in France, including battery cell production.

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France Financing Tesla Spain 103

Green Car Congress

AUGUST 24, 2021

Since 2017, Proton Motor Fuel Cell GmbH has been working with Aumann AG as part of the larger EU program “ Fit-4-AMandA ” (Fit for Automatic Manufacturing and Assembly) on hydrogen fuel cell stack production with financing from the agency FCH JU (Fuel Cells and Hydrogen Joint Undertaking). Fit-4-AMandA “stack robot”.

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Hydrogen Fuel Motor Motors 459

Electrek

JANUARY 20, 2022

Tesla has launched a new financing option for its Solar Roof with lower monthly payments as the company tries to make the product more affordable. more… The post Tesla launches new financing option for Solar Roof with lower monthly payments appeared first on Electrek.

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Financing Solar Tesla Affordable 145

Green Car Congress

MAY 21, 2014

National Electric Vehicle Sweden (NEVS), the company resurrecting the Saab brand ( earlier post ), has halted production of its vehicles (currently at 6 units per day) while it sorts through financing issues and aligns its strategy with new OEM partners. NEVS also cut back on its hired consultants.

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Financing Sweden Electric Vehicles Production 225

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.

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Companies Batteries Battery Production 430

Electrek

MARCH 18, 2024

EV startup Fisker (FSR) is pausing EV production for six weeks as its financial struggles worsen. Fisker looks to get its finances in order after failing to make an interest payment. The EV maker did get a commitment for up to $150 million in financing, but will it be enough?

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Fisker Financing Production 120

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. Changes include raising the federal EV tax rebate ceiling to $12,500 and opening the door for automakers who already exhausted their production quotas.

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Tax Credit Financing Tax General Motors 118

Green Car Congress

JUNE 29, 2023

Aemetis, a renewable natural gas (RNG) and renewable fuels company focused on negative carbon intensity products, announced that its Aemetis Biogas subsidiary is operating the Central Dairy Project production facilities 24 hours per day, seven days per week, and has exceeded the RNG production plan by approximately 20% during Q2 2023.

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Production Renewable Grant California 195

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

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 Clean 345

Baua Electric

MARCH 5, 2024

The financing partners will extend credit lines to the customers, with interest rates ranging between 12.4% The financing partners will extend credit lines to the customers, with interest rates ranging between 12.4% and 15%, with a repayment period extending up to five years. and 15%, with a repayment period extending up to five years.

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Financing Auto India Insight 52

Teslarati

DECEMBER 7, 2021

Lucid Group ( NASDAQ: LCID ) has announced that it has selected Bank of America as its preferred lending partner, giving customers the opportunity to apply for financing services for a seamless and stress-free experience. This financing solution was developed for Lucid to make it easier for customers to finance electric vehicles.

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Financing America Automobile Carbon 121

Green Car Congress

SEPTEMBER 28, 2020

According to the terms of the Cooperation Agreement, Guangzhou GET Investment agrees to provide RMB 4 billion (US$586 million) in financing to help fuel XPeng’s growth as well as support the construction of a new smart EV manufacturing base for XPeng in the Guangzhou Economic and Technological Development Zone.

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Financing Manufacturer China Chinese 170

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

MAY 10, 2014

a leading renewable technology, chemical products, and next generation biofuels company, has closed a private debt financing with Whitebox Advisors LLC consisting of a senior secured term loan exchangeable into senior secured convertible debentures. million in convertible debentures within 90 days of closing of the Financing.

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Financing Convert Renewable Price 231

Electrek

DECEMBER 7, 2022

Autonomous and EV freight technology company Einride announced its future has been hardened by $500 million in financing. The mobility company intends to use the fresh funds that also includes a Series C equity raise to support all-electric truck production and expand the development of its autonomous and digital fleet management technology.

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Financing Fleet Future All-Electric 98

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

Clean Fleet Report

AUGUST 9, 2022

Used-car buyers can now find nearly as many offers and choices as those looking for a new one, thanks to the huge popularity of car financing. Just remember to run a car history check before financing the vehicle to ensure it’s worth the money. Car dealerships may have the best financing deals. Dealer Finance for Used Cars.

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Financing Re-Charge Cars Personal 82

CN EV Post

NOVEMBER 27, 2022

SemiDrive currently has four series of products with an annual output of one million chips. The post Chinese auto chip maker SemiDrive closes $140 million Series B+ financing appeared first on CnEVPost. For more articles, please visit CnEVPost.

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Financing Chinese Auto Production 93

Green Car Congress

MAY 3, 2013

In response to critiques of the first version of its financing program introduced early in April ( earlier post ), Tesla Motors has raised the Model S resale value guarantee to be the highest of any premium sedan brand made in volume (excludes rare, low volume or limited edition vehicles). —Tesla Co-founder & CEO Elon Musk.

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Financing Tesla Production Lexus 218

Teslarati

MARCH 18, 2024

Fisker will pause production of its electric vehicles (EVs) for six weeks, and the company also says it has received a financial commitment of up to $150 million amidst financial concerns. BusinessUpdate We have received a financing commitment of up to $150 million. Fisker also says it has delivered around 1,300 EVs so far this year.

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Fisker Production Financing Convert 110

Green Car Congress

APRIL 2, 2013

Tesla Motors, in partnership with Wells Fargo and US Bank, has created an automotive financing product that combines elements of ownership and leasing for Model S customers. Elements of the new program include: US Bank and Wells Fargo have agreed to provide 10% down financing for purchase of a Model S (on approved credit.).

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Financing Tax Credit Sale Production 210

Green Car Congress

JULY 31, 2014

Skeleton Technologies, a manufacturer of high power- and energy-density ultracapacitors ( earlier post ) has completed Round A financing of €3.9 The financing will be used for production scale-up and product development in addition to sales and marketing efforts. million (US$5.4 million announced in April 2013.

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Financing Manufacturer Estonia Germany 247

Green Car Congress

JANUARY 31, 2014

a developer and manufacturer of Aqueous Hybrid Ion (AHI) batteries and stationary energy storage systems, recently completed the closing of a $55-million Series D financing round. Aquion will begin shipping production units to customers in the first half of 2014 from its manufacturing facility in Westmoreland County, Pennsylvania.

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Financing Hybrid Companies Energy Storage 301

Green Car Congress

JUNE 30, 2015

Battery-eletcric bus manufacturer Proterra has completed a $55M strategic financing. This signals a new growth phase for the company, as Proterra scales production to meet growing demand and accelerates cash realization. Proterra closed a $30-million Series 4 equity round led by $19 million from several new strategic investors.

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Financing California Grant 2015 150

Teslarati

MARCH 28, 2024

Ford is cutting its F-150 Lightning production workforce by two-thirds as the company continues to try and ramp manufacturing of electric vehicles and work toward profitability. This amounts to 700 production employees. The post Ford cutting F-150 Lightning production workforce by two-thirds appeared first on TESLARATI.

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F-150 Ford Production Louisville 125

Electrek

AUGUST 2, 2022

After a series of unfortunate events, the EV start-up is pushing back the release of its production model, the FF 91. The post Faraday Future news suggests financing may be coming soon appeared first on Electrek. Faraday Future is no stranger to financial struggles.

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Financing Future Production 97

Baua Electric

MARCH 19, 2024

Bandhan Bank has inked a Memorandum of Understanding (MoU) with Mahindra & Mahindra (M&M) to provide financing solutions to customers in the commercial vehicle and commercial equipment segments. Mahindra & Mahindra boasts an extensive range of commercial vehicles and equipment, offering products ranging from 3.5

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Financing Commercial Vehicles India 40