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a manufacturer of electric-mobility solutions to the transportation sector ( earlier post ), closed a $35-million financing with Marathon Asset Management. Going forward, our primary goal for both current and future capital initiatives is to leverage the best availablefinancing solutions that will provide liquidity and favorable economics.
Broader collaboration among key stakeholders and a new generation of finance solutions will be needed to electrify trucks and buses at scale by 2050, according to a report released today by Environmental Defense Fund (EDF), MJ Bradley and Vivid Economics. —“Financing the Transition”. —“Financing the Transition”.
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 engineered carbons at the heart of Group14’s technology already outperform all other carbons available in Li-ion batteries, the company says.
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. After the closing and release of the proceeds, the company will have more than $270 million in cash available.
million) Series A financing round. Trafigura, TechEnergy Ventures and Doral Energy-Tech Ventures also participated in the financing. Leveraging the funding, OXCCU plans to accelerate its path to market by scaling its catalytic approach to convert hydrogen and carbon dioxide into SAF and other sustainable fuels.
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.
Hino Trucks will offer an electric version of their M- and L- Series medium duty trucks branded Me Series and Le Series available in 2024. This is a customer-centric, dealer-unified end-to-end EV enablement solution that includes consulting, sales, infrastructure, single-source financing, support and service.
The 40-foot Proterra ZX5 Max selected by Pace features 675 kilowatt hours (kWh) of energy storage—the most onboard energy storage available in an electric transit bus on the road in North America today. Proterra 40' ZX5 Max.
As part of the agreement the partners will offer aircraft leasing and financing solutions that enable operators to run zero-emission flights. MONTE and ZeroAvia aim to retrofit the aircraft for clients starting in 2024 and will provide and finance maintenance and hydrogen availability services to support these operations.
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.
Tesla and Origence, which describes itself as the leading credit union technology company in the United States, have announced a partnership that will allow the automaker to offer car buyers financing through a credit union when ordering a vehicle through the company’s website. I’d love to chat!
Mustang Mach-E, with an available EPA-estimated 300+ mile range, is available with BlueCruise hands-free driving on more than 130,000 miles of highway and can be updated through over-the-air Ford Power-Up software updates. The Mustang Mach-E was the No. 2 US EV manufacturer as it continues to scale that part of the business.
The Showroom includes the State EV Policy Dashboard; EV Roadmap Roundup; EV Funding and Financing Guide; EV Tools and Calculators Clearinghouse; AchiEVe Toolkit; Freight Electrification Report; and ZEV State Scorecard. The State EV Policy Dashboard displays the status of 10 leading state EV policy strategies, updated monthly.
This is due to wind and solar projects generating only when natural resources are available while oil, coal, and gas plants can potentially produce around the clock. Of the total $133 billion in asset finance that flowed to supporting development of new clean energy projects in the markets in developing nations, just $24.4
Yes, Tesla is offering a financing deal that’s hard to pass up. The company is offering 0.99% APR financing on a new Tesla Model Y! That’s a crazy-low financing option. Note that it’s only available on the Model Y, though, not the Model 3. Wait, what’s going on — the.
BlueCruise, which enables hands-free driving on highways, now will be available with the choice to experience the technology with a complimentary 90-day trial since all Mustang Mach-E SUVs will be built with the necessary hardware for the capability. The GT Performance Edition is now available with optional all-season tires.
These will include flexible financing, short-term rentals, and full-service leases, such as all-inclusive truck-as-a-service options with enhanced incentives and fueling support. Dealers and their financing partners, leasing and rental companies, or truck-as-a-service providers can serve as providers.
million in new financing. Niron says that its technology delivers magnets that are less expensive, more sustainable, globally available, and made from abundant input materials not subject to supply constraints or price instability.
The Commonwealth Bank of Australia (CBA) has partnered with Tesla to offer low-interest financing on electric vehicle (EV) purchases. The CBA says that the lowered interest rates are available for eligible customers who finance sustainable products, such as EVs and hybrids. Tesla prepares for $1.8
Tesla has started promoting a 1.99% APR financing offer for the Model 3 and Model Y in the United States. As could be seen in the Model 3’s order page , the 1.99% APR financing offer is available for the Model 3 Long Range Rear Wheel Drive (RWD), Model 3 Long Range All Wheel Drive (AWD), and the Model 3 Performance.
However, the deals available on 2024 model year vehicles (which still look to be widely available) are even greater. From CarsDirect : Just as before, Stellantis Financing continues to offer a special financing rate of 1.9% The first one includes 0 [percent] APR financing for 72 months plus $3,000 in bonus cash.
The District is on sale now, starting at $7020 after a 10% EV tax credit, with financingavailable. We are excited to be entering US production and look forward to shipping our first orders. —Scott Colosimo.
The replacement of school buses is subject to the commercial availability and reliability of all-electric school buses, and the technical and physical availability of related planned infrastructure, including but not limited to charging stations and bus depots for all-electric school buses.
The 2024 Kia EV9 is now available for a special financing rate as low as 3.25%. more… The post Kia EV9 gets a special financing rate as low as 3.25%, new rebate appeared first on Electrek. Kia’s first three-row electric SUV is already racking up the deals ahead of deliveries in the US.
By financing certified environmental projects, fuel producers do more to improve the environmental impact of the remaining fossil components in R33 fuels. R33 Blue Diesel is available at existing public filling stations today. The remaining 67% is made up of fossil fuel. The R33 fuels were developed in cooperation with Shell and Bosch.
The new generation, available with R or S sleeper cabs, is part of a complete solution. The latest electric Scania trucks are accompanied by all the support with operational factors and services that make them complete solutions, with charging, finance, insurance and maintenance all in place. Scania-45-R-BEV.
However, for various reasons (including limited infrastructure, financing and a lack of appropriate policies), refining takes place in other countries, mainly Belgium, China, Finland, Norway and Zambia, which reap the economic benefit. UNCTAD also recommends that the industry find ways to reduce its dependence on critical raw materials.
The more powerful R/T Scat Pack is available for $399 per month with $4,429 down. Dodge is offering a $3,000 incentive and zero-percent financing for purchases, which could make them a good deal for some buyers. That said, the offer is only valid in Northeast states, including Maine, Massachusetts, and others as far south as Virginia.
The Pro joins E-Transit in the lineup of Ford work-ready electric vehicles, backed by a nationwide network offering EV-certified fleet sales, service and financing. Available 9.6-kilowatt Pro Power Onboard is a built-in AC power source that comes standard with 2.4
The Lightning Electric Transit Van is available for order now, with deliveries starting in the second quarter of 2021. Service is performed by Lightning eMotors’ network of Ford QVM-certified service centers, upfitters, and dealers, and spare parts are readily available worldwide. —Tim Reeser, CEO of Lightning eMotors.
A range of financing options and maintenance services will also be offered. The HYVIA hydrogen refueling stations will be available to rent or purchase and are guaranteed to be simple and safe to use. These vehicles are built on a Dual Power architecture: powered by both electrical and hydrogen-based energy.
As per the electric vehicle maker, China-based customers who wish to purchase select variants of the Model 3 or Model Y before November 30, 2024, would be able to take advantage of the limited-time five-year, zero-interest financing program. At the time, Tesla noted that the program would only be available for a limited time.
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. The EIB recently reaffirmed its commitment to financing projects across the entire value chain.
ClearFlame’s engine allows the genset unit to run on clean, widely available ethanol, reducing carbon, cutting costs and offering a sustainable mobile power source that we are developing to work in nearly all weather and terrain conditions. It’s exciting to see this new product continue to prove its value and efficacy. Earlier post.)
Under the Clean School Bus Program, half of the available funding is dedicated for zero-emission school buses and half is for clean school buses, the latter being a school bus that reduces emissions and is operated entirely or in part using an alternative fuel or is a zero-emission bus. Non-profit school transportation associations.
Available both in standard and articulated versions (9.5, The purchase has been partially financed with contributions from the NRRP (National Recovery and Resilience Plan), the Complementary Funds and the NSPSM (National Strategic Plan for Sustainable Mobility). IVECO BUS, a brand of Iveco Group N.V.,
From 2023, an all-electric Renault Trucks offer will be available for each segment, namely distribution, construction and long distance. An all-electric offer designed for urban construction will also be available to order by this date. Volvo Group’s subsidiary Renault Trucks is pursuing its investment in electric mobility.
As per Tesla’s online configurator for the Model 3 sedan, selecting “lease” on the vehicle’s finance options defaults to the all-electric sedan having an estimated $399 per month rate. The Tesla Model 3 RWD’s affordable lease price is available through the company’s leasing service.
The START sustainability label is now available for aluminum purchased from Rio Tinto’s managed operations globally. Our vision is that our customers can showcase the sustainability of the aluminum they purchase from Rio Tinto to their consumers, delivering full value from our responsible production.
giving buyers up to seven years of financing for new car purchases. The shift, which adds an additional year to Tesla’s previously availablefinancing options, has a very specific reason for being added, according to CEO Elon Musk. Tesla has announced a new 84-month auto loan option for its customers in the U.S.,
The Bipartisan Infrastructure Law (BIL) makes available more than $27 billion in federal funding to help State Departments of Transportation (State DOTs) and Metropolitan Planning Organizations (MPOs) meet their declining GHG targets.
The Chevy Equinox EV is now available to finance at 0% APR with up to $8,500 in savings. At that rate, its even cheaper to finance than the gas-powered model right now.
This service can also provide debt financing or secure grant funding to reduce capital expenditures and implement resiliency plans as needed. Additionally, AMPLY is available to perform onsite operations maintenance services, and invest in technology upgrades as the needs of a fleet evolve.
Interestingly enough, the message also highlighted that there are new, available vehicles nearby that could be delivered immediately. This suggests that the email is being sent to potential customers in areas where inventory cars are available. Browse new Tesla vehicles in your area to get started.
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