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.

Financing 170

Financing Manufacturer China Chinese 170

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.

F-150 125

F-150 Ford Production Louisville 125

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.).

Financing 210

Financing Tax Credit Sale Production 210

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.

Financing 218

Financing Tesla Production Lexus 218

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.).

Norway 243

Norway Hydrogen Fuel Production 243

Green Car Congress

NOVEMBER 28, 2018

Global Bioenergies has received 13 letters of intent from French and international industrial leaders for purchases totaling 49,000 to 64,000 tons of isobutene and derivatives annually. This covers the total production capacity of the planned IBN-One plant, a joint venture with Cristal Union, the fourth-largest sugar producer in Europe.

Purchase 207

Purchase Global Renewable Financing 207

EV Life

AUGUST 17, 2023

In 2023, Volkswagen moved its production of the ID.4 4 has to offer, compare available trims, and take a look at how you can save money with EV incentives by financing through EV Life. The Clean Vehicle Assistance Program provides grants of up to $5,000 toward the purchase or lease of a Volkswagen ID.4 Volkswagen ID.4

Financing 52

Financing Electric Vehicles Tax Credit Vehicles 52

Baua Electric

JANUARY 30, 2024

Ahead of its debut, Polestar is already offering a massive $7,500 purchase incentive on the new electric SUV. Although production was expected to begin in early 2023, Polestar pushed it back until the first quarter of this year. The discount is available “for all eligible lease, cash, and finance transactions.”

Purchase 52

Purchase South Carolina Sale Tax Credit 52

Green Car Congress

AUGUST 3, 2014

FuelCell Energy intends to use the net proceeds from the offering for project development, project finance, working capital support and general corporate purposes. The terms of the equity transaction include a warrant giving NRG the right to purchase an additional 2.0 per annum for construction-period financing and 8.0%

Financing 244

Financing Energy Companies Carbon 244

Green Car Congress

FEBRUARY 4, 2021

START will help customers meet the demand from consumers for transparency on where and how the products they purchase are made. START is a significant step forward for the aluminum industry as the first offering of this kind, setting a new standard on transparency, traceability and responsible production from mine to market.

Purchase 365

Purchase Financing 2018 2016 365

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. We’ve proven that we can successfully marry technology with performance and now we’re ramping up our efforts to deliver our unique products to the marketplace.

Electric Motorcycles 230

Electric Motorcycles Financing Motorcycles North America 230

Green Car Congress

DECEMBER 25, 2021

In the future, we will have a high demand for green hydrogen and will also need imports in addition to production in Germany. The core idea of H2Global is a double-auction model: Hydrogen or hydrogen derivatives are purchased in non-EU countries at the lowest possible price with 10-year contracts via a competitive process.

Germany 382

Germany Hydrogen Green Climate Protection 382

Baua Electric

JUNE 1, 2023

Hewitt — an skilled used-car supervisor — is that specialize in the collect’s gross sales segment, generation Alalouf oversees mounted operations, accounting and finance. ” The transaction made sense for each purchaser and vendor, mentioned Jason Stopnitzky, co-founder of Irvine, Calif., within the U.S. .

Purchase 52

Purchase Store Buy Financing 52

EV Life

AUGUST 4, 2023

We’ll also explore the best ways to save money on the purchase of a Bolt EUV by taking advantage of available EV incentives with an EV Climate Loan through EV Life. Chevrolet initially announced in April that it would not be continuing production on the Bolt EV and Bolt EUV after 2023. Clean Vehicle Rebate Project (CVRP).

Chevrolet 52

Chevrolet Financing Electric Vehicles Tax Credit 52

EV Life

AUGUST 24, 2023

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. The Clean Vehicle Assistance Program in California provides grants of up to $5,000 toward the purchase or lease of a Rivian R1S for eligible residents.

Financing 52

Financing Electric Vehicles Tax Credit Vehicles 52

Electric Vehicles India

DECEMBER 6, 2021

Niti Aayog gives proposal to RBI for electric vehicles purchase loans . For the faster adoption of electric vehicles in the country, the Reserve Bank of India is considering a proposal from the government’s policy think tank Niti Aayog to categorise loans to purchase electric vehicles under the priority sector lending (PSL) segment.

Purchase 75

Purchase Electric Vehicles Vehicles Financing 75

Green Car Congress

MAY 27, 2013

a developer of technologies enabling the conversion of existing fleet vehicles into plug-in hybrid electric vehicles, completed a $3-million financing with United Fleet Financing, LLC, through a private placement offering and mezzanine financing. Echo Automotive, Inc., The terms of this note include conversion features at $0.55

Financing 218

Financing Conversion Companies PHEV 218

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.

Charging 417

Charging Financing Store Porsche 417

Green Car Congress

NOVEMBER 21, 2014

DOE plans ( DE-FOA-0001236 ) to issue in the February 2015 timeframe a funding opportunity (DE-FOA-0001237) to develop and to implement effective purchasing/procurement processes designed to coordinate and consolidate bulk alternative fuel vehicle and advanced vehicle orders and thus reduce the per-unit prices of commercially-available vehicles.

Purchase 199

Purchase Alternative Fuels Fuel Financing 199

Green Car Congress

OCTOBER 9, 2013

million in Series C financing. The Series C financing follows a $19-million Series B round in 2009 and brings the total raised by Achates Power to nearly $90 million since its 2004 founding. Achates Power, Inc., the developer of a family of two-stroke compression-ignition opposed-piston engines ( earlier post ), has finalized $35.2

Financing 236

Financing Industrial Industry Engine 236

Green Car Congress

APRIL 1, 2015

million) loan from a consortium of four French banks—BNP Paribas, Société Genéralé, CIC and Bpifrance—to complete the financing of its demo plant. This new financing will cover the purchase of a complete fermentation unit, comprising an inoculation fermenter, a propagation fermenter, and a 5,000L production fermenter.

Financing 150

Financing Global Installation 2008 150

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

FEBRUARY 22, 2023

to finance the development and production of low-carbon fuels and energy transition metals. TMC and LCR have agreed to a purchase and sale agreementwhereby LCR has acquired a 2.0% In the coming years, LCR has the potential to be an important additional source of capital to bring NORI-D and other TMC projects into production.

Carbon 352

Carbon Companies Nauru Kiribati 352

Green Car Congress

JULY 29, 2014

Exelon Corporation will provide equity financing for 21 megawatts (MW) of Bloom Energy solid oxide fuel cell (SOFC) projects at 75 commercial facilities in California, Connecticut, New Jersey and New York. Headquartered in Chicago, Exelon does business in 48 states, the District of Columbia and Canada.

Financing 210

Financing District of Columbia Commercial Energy 210

Green Car Congress

FEBRUARY 8, 2013

launched a dealer program that provides turnkey residential charging packages to consumers purchasing new electric vehicles (EVs) or plug-in hybrids (PHEVs) and allows them to finance the charger in combination with the vehicle at the time of sale. AeroVironment, Inc.

Dealers 218

Dealers Purchase Installation i-MiEV 218

EV Life

OCTOBER 15, 2020

The average California driver qualifies for over $10,000 in EV rebates and tax credits, but incentives can take 12 to 18 months to recoup post-purchase. With the threat of climate change, we can’t afford to wait until 2024 for the purchase price of EVs to be cost-competitive.

Financing 98

Financing Grant Gas-Electric California 98

Green Car Congress

MARCH 8, 2021

are launching a new rare earth production initiative spanning European and North American critical material supply chains. The initiative will produce value-added rare earth products from natural monazite sands, a byproduct of heavy mineral sands mined in the southeastern United States. Neo Performance Materials and Energy Fuels Inc.

Energy 186

Energy Fuel Production Estonia 186

Teslarati

FEBRUARY 6, 2023

Like many other EV startups, Canoo has consistently faced issues with financing. The first plant, located in Oklahoma City , is scheduled to begin production this year and is aiming for a run rate of 20,000 vehicles annually. However, volume production has not yet started. Disclosure: William Johnson is not a Canoo shareholder.

Production 96

Production Oklahoma Sale Oklahoma City 96

Teslarati

MARCH 1, 2024

Tesla China has launched a series of new incentives on the Model 3 and Model Y for March, including discounts on paint, low-interest financing, and limited-time insurance programs. Tesla made the announcement on Weibo, its Chinese social media account, earlier today.

China 108

China Tesla BYD Financing 108

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.

Waste 448

Waste Hydrogen Green California 448

Green Car Congress

DECEMBER 24, 2021

Australia-based Syrah Resources Limited signed a binding offtake agreement with Tesla to supply natural graphite Active Anode Material (AAM) from its vertically integrated AAM production facility in Vidalia, Louisiana. The product mix includes jumbo, large and medium flake for industrial applications and fines.

Mozambique 221

Mozambique Louisiana Tesla Financing 221

Green Car Congress

MAY 3, 2023

Ford is re-opening its order banks for the all-electric Mustang Mach-E as completed plant upgrades support production ramp in the second half of 2023, with feature improvements including increased range for standard range battery models to a targeted EPA-estimated range of 250 miles for RWD and 226 miles for eAWD. Earlier post.)

Standards 417

Standards Range Ford Price 417

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

Teslarati

OCTOBER 7, 2021

The production and impending deliveries of the Rivian R1T may be catching most of the electric vehicle community’s attention these days, but it appears that the truck maker may actually have a different priority in the near term. In comparison, R1T production is anticipated to run “at a trickle,” at least in the near term.

Production 132

Production F-150 New Jersey Purchase 132

Green Car Congress

MARCH 4, 2022

The Group expects to cut development time by about a quarter, increase the speed of new software releases and also significantly accelerate manufacturing processes in production. If the car is increasingly becoming an electrically driven software product, then its development must also evolve in all dimensions.

Production 195

Production Future Connect Connected 195

Green Car Congress

APRIL 1, 2020

Faced with the compelling need for more respirators, the French government asked a group of French industrial companies led by Air Liquide to study the possibility of increasing the production of respirators so as to provide 10,000 respirators in 50 days, between the beginning of April and mid-May.

France 411

France Purchase Electric Electrical 411

Green Car Congress

MAY 8, 2022

The acquisitions will provide Northern with 40-50,000 tonnes per year (tpy) of graphite production capacity in Québec and Namibia, which will make it the third-largest non-Chinese natural graphite producing company. Northern believes there are opportunities to expand production and extend the mine life. Sprott invested CDN$3.75

Namibia 284

Namibia Chinese Companies Financing 284