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Bank of America introduces residential EV charger financing

Teslarati

Bank of America made a drastic step forward today to make at-home residential electric vehicle chargers an easier purchase for car buyers. BoA said it would allow consumers the option to finance residential electric vehicle chargers alongside their auto loans through the bank. billion to build out a national network of EV chargers.

Financing 145
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Volkswagen Group, Siemens invests $450M in Electrify America

Green Car Congress

The Volkswagen Group and Siemens are investing $450 million in Electrify America, with a post-money valuation of $2.45 Through its financing arm Siemens Financial Services (SFS), Siemens becomes a minority shareholder in Electrify America with a low triple-digit million USD investment and will hold a seat on the board.

America 397
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Workhorse enters into strategic agreements with Hitachi and Hitachi Capital America

Green Car Congress

a US-based technology company focused on providing sustainable and cost-effective electric drone-integrated vehicles to the last-mile delivery sector, announced newly-formed strategic agreements with both Hitachi America, Ltd. and Hitachi Capital America Corp. Workhorse Group Inc.,

America 210
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Pace purchases 20 Proterra ZX5 electric buses and EV fleet charging infrastructure

Green Car Congress

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. Proterra and Pace Suburban Bus has awarded Proterra a $26.5-million Proterra 40' ZX5 Max.

Fleet 448
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Proterra launches Proterra Powered vehicle electrification solutions to enable OEMS to build high-performance EVs for commercial fleets

Green Car Congress

Electric bus manufacturer Proterra launched Proterra Powered vehicle electrification solutions, leveraging Proterra’s electric vehicle technology and expertise to help commercial vehicle manufacturers electrify their heavy-duty vehicles. —Proterra CEO Ryan Popple. The Proterra Powered group is led by Toby Kraus.

Fleet 170
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Graphex and Northern Graphite partner on large-scale graphite processing facility site evaluations in Québec

Green Car Congress

The plant is planned to supply coated spherical graphite anode material to the EV/battery markets in North America and beyond. On 21 December 2022, Northern and Graphex announced the signing of a non-binding letter of intent to negotiate a joint venture agreement to build a North American mine-to-battery supply chain.

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Enerkem raises C$15M in project equity financing for its commercial waste-to-biofuels facility in Alberta

Green Car Congress

which is currently building a full-scale commercial facility in Edmonton, using Enerkem’s proprietary technology. Total financing raised by Enerkem in 2011, both at the corporate and project subsidiary levels, now amounts to C$103 million. Waste Management and EB Investments are investing C$15 million (US$14.6 Earlier post.)

Financing 218