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. The post Senate Finance Committee Approves $12,500 EV Tax Credit Bill appeared first on The Truth About Cars.

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Tax Credit Financing Tax General Motors 119

The Truth About Cars

SEPTEMBER 22, 2023

While the ChargePoint device is framed as being free, it does require the purchase of a new automobile through the automaker’s captive finance arm Hyundai Capital America. The industry has also had trouble selling EVs down market, with the segment historically catering to more affluent buyers.

Hyundai 105

Hyundai Industry Industrial United Kingdom 105

Green Car Congress

MARCH 7, 2023

T&E used publicly available information to assess the 50 gigafactories announced in Europe based on their finance and permits, whether they had secured a location, and the companies’ links to the US. EU battery manufacturing is caught in the crossfire between America and China. Europe must act or risk losing it all.

Companies 430

Companies Batteries Battery Production 430

Green Car Congress

JULY 9, 2023

POSCO Holdings recently began construction at the Yulchon 1 st Industrial Complex in Jeollanam-do (South Jeolla Province, S. POSCO Pilbara Lithium Solution, a wholly-owned subsidiary of POSCO Holdings, will be responsible for the financing, construction, and operation of the plant. Earlier post.)

Argentina 369

Argentina South Korea South America Financing 369

Green Car Congress

NOVEMBER 21, 2013

Global Bioenergies will construct its second industrial pilot on the site of the Leuna refinery, close to Leipzig in Germany. In June 2013, Global Bioenergies announced the launch of its first industrial pilot in the heart of the Bazancourt-Pomacle biorefinery, close to Reims. million (US$7.7-million)

Grant 225

Grant Germany Global Industry 225

Plug in America

APRIL 12, 2024

We’re excited to share that Plug In America has achieved EVAL Bronze certification. LEED is a globally recognized symbol of sustainability achievement, and it is backed by an entire industry of committed organizations and individuals paving the way for market transformation.

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Plug-in America Plug Re-Charge 93

Green Car Congress

OCTOBER 21, 2013

GE Capital’s Transportation Finance business and Clean Energy Fuels Corp., the largest provider of natural gas fuel for transportation in North America, have entered into a strategic alliance to accelerate the conversion of heavy-duty trucking fleets from diesel to cleaner-burning, less-expensive natural gas.

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Clean Cleaning Gas Industry 273

Green Car Congress

DECEMBER 13, 2013

The US Department of Energy (DOE) has issued a Request for Information (RFI) ( DE-FOA-0001055 ) for light-duty fuel cell electric vehicles (FCEV) fueling infrastructure financing strategies within the context of an early market introduction. Hydrogen production today uses natural gas—a very low cost, domestically produced commodity.

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Financing Light Fuel Hydrogen 270

Green Car Congress

SEPTEMBER 1, 2021

The battery-electric trucks will be deployed through a partnership with NFI Industries (NFI) and Schneider. The project, known as Joint Electric Truck Scaling Initiative, or JETSI, is the largest commercial deployment of battery-electric trucks in North America to date. The project was funded with $26.98

California 334

California Los Angeles North America Battery 334

Green Car Congress

FEBRUARY 19, 2014

The investment also marks a strengthening and deepening of the existing industrial and commercial partnership between PSA and DFG, China’s second largest carmaker. DFG’s investment through the two successive capital increases, for a total amount of €800 million, would accompany the deepening of this historic industrial partnership.

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Industry Industrial Motoring Motors 236

The Truth About Cars

JANUARY 16, 2024

Beyond that, they suggest making a down payment of at least 20 percent and financing the thing for no more than four years. At the gross income of $100,000 annually, this shakes out to $10,000 per year or about $833 per month. per month (about 10 cents per mile). We’ll let that recommendation sink in for a second.

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Financing Buy Tundra Cars 111

Green Car Congress

JUNE 29, 2022

Mitsubishi Heavy Industries, Ltd. The investment was part of a $198-million financing. The investment has been executed through Mitsubishi Heavy Industries America, Inc. Hydrogen, when produced in places with abundant and clean electricity, is a promising pathway for decarbonizing these industries.

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Hydrogen Clean Cleaning Mitsubishi 150

Green Car Congress

FEBRUARY 22, 2023

to finance the development and production of low-carbon fuels and energy transition metals. gross overriding royalty on a producing natural gas field in Latin America, providing exposure to a lower-carbon transition fuel aligned with government emissions reduction policies. NORI and Low Carbon Royalties are a great fit.

Carbon 352

Carbon Companies Kiribati Nauru 352

Baua Electric

JULY 9, 2024

DOE estimates that by 2030, the North American lithium-ion EV battery industry will require annual separator production of 7 to 10 billion square meters. Read more: North America is now the growth leader for new battery factories If you’re considering going solar, it’s always a good idea to get quotes from a few installers.

Lithium Ion 52

Lithium Ion Indiana Financing Batteries 52

Teslarati

MAY 11, 2024

On Friday night, Tesla launched the promotional financing on its website for the Model Y, offering a 0.99 percent APR interest rate for buyers who finance the electric vehicle (EV) on an order placed by May 31. Tesla has also launched a number of buying incentives in recent months, and especially leading up to the end of Q1.

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North America Tesla New York City Tax Credit 141

Green Car Congress

JANUARY 13, 2023

The plant is planned to supply coated spherical graphite anode material to the EV/battery markets in North America and beyond. Construction of the proposed battery anode material plant would be subject to identification and acquisition of an appropriate ‎site, receipt of regulatory approvals and financing.‎.

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North America America Supplies Commercial 259

Green Car Congress

JANUARY 20, 2021

In the strategic partnership, PACCAR provides autonomous-enabled vehicles as well as aftermarket parts distribution, finance and other transportation solutions. Aurora provides industry-leading self-driving technology, including hardware, software and operational services. Autonomous Peterbilt 579 Test Vehicle with Aurora Driver.

Peterbilt 397

Peterbilt Kenworth Commercial North America 397

Green Car Congress

FEBRUARY 4, 2021

Daimler Truck supplies industry leading transportation solutions and services to customers. Both companies operate in industries that are facing major technological and structural changes. Mercedes-Benz is the world’s most valuable luxury car brand, offering the most desirable cars to discerning customers.

Companies 497

Companies Mercedes Cars North America 497

Teslarati

SEPTEMBER 27, 2024

. “We believe this new Drive Forward Fund will be critical to catalyzing growth and innovation within America’s automotive supply chain,” Monroe CEO Ted Koenig said. Monroe specialists explained that small to medium-sized auto suppliers may lack access to finances, which may prevent them to expand EV component production.

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United States Canada Cheap Chinese 74

Green Car Congress

SEPTEMBER 10, 2014

In conjunction with these results, the company has closed an $11 million Series C financing to drive commercial rollout. The $11-million financing is led by SGB’s current investors including Thomas McNerney & Partners, Finistere Ventures and Flint Hills Resources (a wholly-owned subsidiary of Koch Industries).

Financing 210

Financing Hybrid Oil Asia 210

Green Car Congress

NOVEMBER 12, 2022

FREYR Battery announced the selection and purchase of a site in Coweta County, Georgia for its planned Giga America battery plant. The Giga America project will be based on the SemiSolid technology of FREYR’s US-based licensing partner, 24M. FREYR evaluated 163 potentials sites in 25 states. According to Rystad Energy, to satisfy a 1.6-degree

Georgia 150

Georgia Battery Batteries Tax Credit 150

Green Car Congress

FEBRUARY 28, 2023

The conditional commitment follows DOE technical, market, financial and legal due diligence and marks another significant milestone endorsing Li-Cycle’s development of the first commercial hydrometallurgical resource recovery facility in North America, located near Rochester, New York.

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Li-ion Lithium Ion North America America 199

Green Car Congress

SEPTEMBER 24, 2022

GM Ventures, the automaker’s investment arm, has made a strategic investment in Lithion Recycling’s Series A financing round, supporting a new GM-Lithion strategic partnership agreement to pursue a circular battery ecosystem using Lithion’s advanced battery recycling technology.

GM 218

GM Companies Batteries Battery 218

Green Car Congress

DECEMBER 21, 2010

which is commercializing olefin metathesis technology for renewable fuels and chemicals, has raised $100 million in its Series C financing round. Its manufacturing platform integrates its proprietary technology in novel combinations with established industrial processes (metathesis, transesterification, hydrogenation).

Financing 210

Financing Renewable South America Energy 210

Green Car Congress

MAY 3, 2023

announced that its subsidiary SoCal Biomethane will supply renewable natural gas (RNG) as facilitated by renewable fuels marketer Anew Climate to FuelCell Energy’s Tri-gen system to produce carbon-negative hydrogen and electricity for Toyota Motor North America, Inc.’s Anaergia Inc.

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Renewable Hydrogen Supplies North America 199

Green Car Congress

OCTOBER 3, 2021

billion for its first fund, making the platform the industry’s largest clean hydrogen infrastructure manager. Of this, €800 million has already been committed by a leading group of industrial and financial investors active in clean hydrogen. Hy24 is targeting €1.5 These include: Groupe ADP, Ballard, EDF and Schaeffler.

Hydrogen 170

Hydrogen Clean Cleaning Carbon 170

Baua Electric

JUNE 24, 2024

Car dealerships in North America are still wrestling with major disruptions that started last week with cyberattacks on a company whose software is used widely in the auto retail sales sector. CDK Global is a major player in the auto sales industry. No industry and no organization or software company is immune.”

North America 52

North America America Auto Dealers 52

Green Car Congress

FEBRUARY 18, 2022

The amount of capital required to build the data center infrastructure for self-driving EVs is so massive that it begs the question: Without major technological advancements in compute and storage processes, will the industry be able to handle the deluge of data self-driving EVs will generate? Can the Industry Respond?”.

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Market Las Vegas Vehicles Store 210

Green Car Congress

OCTOBER 5, 2022

This green hydrogen can be used as fuel for fuel cells and hydrogen engines, to produce industrial feedstock and to produce sustainable e-fuels for marine, aviation, agriculture, mining and data center power. The plants will use renewable energy sources to generate electrical power that will be used to produce hydrogen with mtu electrolyzers.

Power 186

Power Powered Hydrogen South America 186

Green Car Congress

JULY 31, 2011

AlixPartners also estimates that on-going unemployment and underemployment could cost the auto industry up to 1.5 According to the study, historically, approximately one of every five vehicles sold is financed by home-value appreciation, a ratio that’s likely to decrease with the continuing stagnancy in home values.

Auto Industry 199

Auto Industry Industry Industrial Auto 199

Green Car Congress

JANUARY 14, 2021

Motiv Power Systems, a company delivering medium-duty electric truck and bus chassis and related charging infrastructure, secured $20 million in financing from Crescent Cove Advisors, LP. Motiv has delivered 120 that have traveled more than one million miles across North America.

Power 186

Power Powered North America Fleet 186

Green Car Congress

DECEMBER 1, 2021

BMW i Ventures announced a lead investment in the Series B financing round of actnano , a company that has developed a next-generation nanocoating that offers protection for electronics across the automotive and consumer electronics markets.

BMW 186

BMW Companies North America Financing 186

Green Car Congress

MAY 16, 2022

The VERBIO Nevada (Iowa) Biorefinery began producing renewable natural gas (RNG) on an industrial scale in December 2021. We want to install another five to ten biorefineries in North America over the next five years. VERBIO recently officially launched the first cellulosic RNG plant in the US. Nevada is just the beginning.

USA 195

USA Iowa Nevada North America 195

Green Car Congress

AUGUST 12, 2021

ChargePoint Holdings, a leading electric vehicle (EV) charging network operating in North America and Europe, has acquired ViriCiti, a leading provider of electrification solutions for eBus and commercial fleets. IMPROVED Corporate Finance B.V. —Pasquale Romano, President and CEO of ChargePoint. Goldman Sachs & Co.

Fleet 218

Fleet Commercial North America San Francisco 218

Green Car Congress

MARCH 11, 2022

CIMC is a large, industrial conglomerate that has been a partner of Maersk for more than two decades. Its energy division—CIMC ENRIC—is a world-leading manufacturer of key equipment and services provider of engineering and system solutions for the clean energy, chemical and liquid food industries.

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Green Companies Switzerland Trinidad 199

Green Car Congress

MAY 8, 2022

All deposits have high quality flake graphite that is suitable for all battery and industrial applications. The acquisition of the two mines was financed through US$36 million in debt, royalty and stream financing provided by funds managed by Sprott Resource Streaming and Royalty Corp. Sprott invested CDN$3.75

Namibia 284

Namibia Chinese Companies Financing 284

Green Car Congress

OCTOBER 24, 2019

The diesel-powered truck is the backbone of heavy commerce, and despite regulations to reduce emissions in Europe, North America, and Japan since the mid-2000s, it has continued to be a significant contributor to fossil fuel emissions in the transportation sector.

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Vehicles Mongolia Financing Maintenance 170