Green Car Congress

DECEMBER 17, 2020

The new, longer-range Lightning Electric Transit Van is the fourth generation of its battery-electric and fuel cell electric platform, based on the Ford Transit 350HD chassis. This new battery technology and other upgrades give them the range, power and features at the price they need to scale up their electric fleets.

Battery 448

Battery Batteries Fuel Electrical 448

Electrek

JUNE 20, 2024

Recurrent Energy has secured $513 million in financing for Arizona’s largest standalone battery storage project.

Financing 138

Financing Batteries Battery Energy 138

Green Car Congress

OCTOBER 20, 2022

billion to 21 projects to expand domestic manufacturing of batteries for electric vehicles (EVs) and the electrical grid and for materials and components currently imported from other countries. The US Department of Energy (DOE) is awarding a combined $2.8 Earlier post.) Of that, $1.6 Materials Separation & Processing (Cathode Minerals).

Parts 459

Parts Batteries Battery Lithium Ion 459

Green Car Congress

APRIL 28, 2021

Ford announced a new global battery center of excellence—called Ford Ion Park—to accelerate research and development of battery and battery cell technology, including future battery manufacturing. Ford’s new Battery Benchmarking and Test Laboratory in Allen Park, Mich., This 200,000 sq.-ft.

Ford 334

Ford Global F-150 Batteries 334

Green Car Congress

APRIL 3, 2021

Hercules vehicles will offer integrated solar charging, long-range batteries and optional fuel-cell range-extender options. Hercules is commencing the Series A financing to support product development and add team members; the company currently is scouting locations for production of its components, including solid-state batteries.

Li-ion 365

Li-ion Batteries Battery Lithium Ion 365

Green Car Congress

AUGUST 6, 2020

Octillion Power Systems, a global provider of advanced lithium-ion storage systems for electric mobility ( earlier post ), announced a new demonstrator program for battery-leasing that allows batteries to be leased to fleet customers when they purchase vehicles. Access to the program will be on a first-come, first-served basis.

Power 307

Power Powered Batteries Battery 307

Green Car Congress

SEPTEMBER 1, 2021

The South Coast Air Quality Management District (South Coast AQMD) is leading a landmark effort along with the California Air Resources Board (CARB) and the California Energy Commission (CEC) to deploy 100 battery-electric regional haul and drayage trucks across California.

California 334

California Los Angeles North America Batteries 334

Green Car Congress

FEBRUARY 7, 2018

Ionic Materials has secured $65 million in a Series C financing round from a leading group of financial and strategic investors. Further advancements made possible by Ionic Materials’ polymer will support very inexpensive and low-cost rechargeable alkaline batteries as well. mS/cm at room temperature. High voltage capability (5 volts).

Polymer 327

Polymer Batteries Battery Aspen 327

Green Car Congress

APRIL 6, 2022

million contract for 20 Proterra ZX5 Max electric transit buses, featuring more than 13 megawatt hours of battery storage energy, and two Proterra megawatt-scale fleet chargers. Designed and manufactured in the United States, Proterra’s electric transit buses are equipped with the company’s own battery technology systems.

Fleet 448

Fleet Purchase North America Energy Storage 448

Green Car Congress

JUNE 28, 2021

The Renault Group has entered two major partnerships for the production of Li-ion batteries in France. The first is with Envision AESC —a long-standing partner of Nissan; the second is with Verkor , a Grenoble-based start-up specialized in development of EV battery cells.

France 334

France Batteries Battery Production 334

Green Car Congress

FEBRUARY 7, 2023

MagREEsource, a 2020 spin-off of the CNRS-Institut Néel that is commercializing processes for recycling rare-earth magnets and then remanufacturing new magnets from the recycled powders, has secured €5 million in financing and has opened its first pilot facility in Grenoble, with a capacity of 50 tons by 2023.

Financing 243

Financing Hydrogen Manufacturer Wind 243

Green Car Congress

NOVEMBER 27, 2021

Cornish Lithium said that securing long-term investment from TechMet is a significant step forward that allows it to accelerate its activities towards creating a domestic supply of lithium and other battery metals for the UK. Cornish Lithium aims to produce battery-quality zero-carbon lithium chemicals directly from the geothermal waters.

Financing 419

Financing Water Li-ion Lithium Ion 419

Green Car Congress

JUNE 10, 2023

The US Department of Energy’s (DOE) Loan Programs Office (LPO) announced a conditional commitment for an $850-million loan to help finance the construction of KORE Power ’s advanced battery cell manufacturing facility in Buckeye, Arizona. million gallons of gasoline per year.

Arizona 300

Arizona Batteries Battery Power 300

Green Car Congress

OCTOBER 4, 2020

Soteria Battery Innovation Group (BIG) has exclusively licensed and optioned a technology developed by the Department of Energy’s Oak Ridge National Laboratory designed to eliminate thermal runaway in lithium ion batteries due to mechanical damage. The technology complements Soteria’s existing battery safety technology.

Li-ion 286

Li-ion Lithium Ion Batteries Battery 286

Green Car Congress

JANUARY 12, 2021

and TAURON Polska Energia will implement a project titled “Second Life ESS” with the aim to create a prototype system to store electric energy based on retired electric bus batteries. The project is being co-financed by the National Center for Research and Development (NCBiR) in Poland.

Batteries 259

Batteries Battery Energy Storage Lithium Ion 259

Green Car Congress

OCTOBER 25, 2022

The Asian Development Bank (ADB) mobilized a $135-million climate financing package for VinFast Trading and Production Joint Stock Company (VinFast) for manufacturing Vietnam’s first fully-electric public transport bus fleet and first national electric vehicle (EV) charging network.

Vietnam 195

Vietnam Financing Climate Fleet 195

Green Car Congress

DECEMBER 5, 2018

a manufacturer and developer of high energy and high capacity lithium-ion batteries, announced that the company is supplying advanced lithium-ion cells to the Airbus Defence and Space Zephyr Program. Silicon anodes have much higher specific capacity compared to graphite anodes which are used in conventional lithium ion batteries.

Li-ion 317

Li-ion Lithium Ion Solar Battery Powered 317

Green Car Congress

APRIL 13, 2021

The financing will support the development of a commercial-scale processing facility with the annual capacity to process 10,000 tons of batteries—the batteries from approximately 20,000 electric vehicles (EVs) a year. Battery Resourcers was founded in 2015 in Worcester, Mass. as a spinout from the lab of Prof.

Li-ion 210

Li-ion Lithium Ion Manufacturer Batteries 210

Green Car Congress

JULY 18, 2022

There was also a strong interest in financing options: Of the respondents interested in electric cars, 66% of the German and 65% of the American study participants stated that they would purchase the vehicle via a financial product (financing, leasing or car subscription). This is followed by subscription (32%) and leasing (26%).

Financing 186

Financing Germany Purchase Cars 186

Green Car Congress

JANUARY 21, 2022

kWh battery pack with an optional second battery for an 80 mile range, the District is manufactured using innovative processes such as laser cutting and CNC sheet bending, which reduce production time while enhancing quality and durability. Powered by a single hot swap CORE 1.8 —Scott Colosimo.

Motorcycles 435

Motorcycles Cleveland Production Tax Credit 435

Green Car Congress

JUNE 3, 2021

Gentherm, a developer of innovative thermal management technologies, is the lead investor in a seed round of financing in Carrar , an Israel-based technology developer of advanced thermal management systems for the electric mobility market. —Erez Freibach, Co-founder and CEO of Carrar.

Batteries 243

Batteries Battery Israel Polymer 243

Green Car Congress

NOVEMBER 22, 2022

Electric vehicles provide several advantages for Domino’s stores, including ample battery life with the potential to have days of deliveries, zero tailpipe emissions, advanced safety features and lower average maintenance costs than nonelectric vehicles—all without the financial impact of high gasoline prices.

Fleet 468

Fleet Maintenance Store Gasoline-Electric 468

Green Car Congress

JULY 1, 2023

Iveco Group is licensed to access freely and continue developing vehicle control software for the jointly developed battery-electric (BEV) and fuel-cell-electric (FCEV) trucks. Iveco Group N.V.

Europe 395

Europe North America Financing America 395

Green Car Congress

JUNE 2, 2022

The Long-Term Electric Vehicle Outlook outlines two scenarios for the uptake of electric transport to 2050, and examines impacts on demand for batteries, materials, oil, electricity, infrastructure and emissions. The report also explores whether batteries or fuel cells are the more likely solution for heavy-duty, long-haul freight.

Transportation 473

Transportation Emissions Economy Fleet 473

Green Car Congress

MARCH 7, 2021

Finland represents an attractive low risk mining jurisdiction (top five jurisdiction in the Fraser Institute) and has developed a National Battery Strategy that outlines the objectives for the country to become a competitive, competent and sustainable player in the international battery industry.

Finland 243

Finland Batteries Battery Financing 243

Green Car Congress

NOVEMBER 10, 2020

Inventory financing will be provided by Hitachi Capital America as part of Workhorse’s previously announced strategic partnership with HCA. The Workhorse C-1000 all-electric truck offers a lightweight design, creating maximum range from modular battery packs. Workhorse Group Inc. —Workhorse CEO Duane Hughes.

Purchase 418

Purchase Companies Financing Electrical 418

Green Car Reports

DECEMBER 1, 2021

Global average battery prices fell 6% between 2020 and 2021, but they might be on the rise going forward, according to Bloomberg New Energy Finance's (BNEF) annual battery price survey.

Lithium Ion 218

Lithium Ion Batteries Battery Financing 218

Green Car Congress

AUGUST 4, 2022

SK On has secured a total of US$2 billion as its investment resource for its European battery business with the aid of Euler Hermes, a trade credit insurance institution of Germany, Korea Trade Insurance Corporation, and the Export-Import Bank of Korea. The three agencies that took part in the financing are all export credit agencies (ECAs).

Europe 210

Europe Batteries Battery Financing 210

Green Car Congress

SEPTEMBER 22, 2022

The company has also received additional grant financing from the National Science Foundation, the US Department of Energy, and others. SVX continues to collaborate with battery industry experts and collaborators at the Lawrence Berkeley National Laboratory and Argonne National Laboratory.

Li-ion 259

Li-ion Manufacturer Lithium Ion Batteries 259

Green Car Congress

JULY 23, 2022

However, Eve Energy will own 66% of the rights to sell the JV’s products; EVE says this is conducive to its continuous improvement of the battery raw material industry chain layout. This will include medium-term bills, short-term financing bonds and ultra-short-term financing bonds.

Energy 199

Energy Financing Batteries Battery 199

Green Car Congress

JUNE 12, 2022

With 624 kWh of batteries installed, Scania provides the means for a major shift regarding electric trucks and their operability in regional long-haul operations. A 4x2 tractor will need an axle distance of 4,150 mm when carrying six batteries, thus benefiting from the Increased Vehicle Dimension regulation in Europe. Scania-45-R-BEV.

Electrical 434

Electrical Electric Financing Maintenance 434

Green Car Congress

APRIL 27, 2022

South 8 Technologies, a developer of electrolyte formulations for next-generation lithium batteries, has raised $12 million in Series A financing, led by Anzu Partners with participation from LG Technology Ventures, Shell Ventures, Foothill Ventures, and Taiyo Nippon Sanso Corporation (TNSC). —Cyrus Rustomji, Ph.D.,

Lithium Ion 284

Lithium Ion Li-ion Commercial Gas 284

Green Car Congress

OCTOBER 1, 2020

The proceeds of the bond will be used to fund the design, development and manufacturing of fully electric cars in line with the company’s recently established Green Finance Framework. A green bond is a type of fixed-income instrument that is specifically earmarked to raise money for climate and environmental projects.

Volvo 514

Volvo Green Luxembourg Cars 514

Green Car Congress

APRIL 4, 2022

Last year, De Lijn ordered 60 battery-electric buses with a length of 12 meters from Van Hool (36) and VDL (24). Within the financing framework of the coming years, De Lijn will remove a maximum of EUR3 and EUR4 buses from the fleet and replace them with emission-free battery buses.

Transportation 433

Transportation Emissions Purchase Financing 433

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.

Global 180

Global China Batteries Battery 180

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

MAY 3, 2021

EnergyX) has secured commitments of $20 million in financing. EnergyX is also exploring the use of its LiTAS technology as a component of solid-state batteries. These results translate to very high levels of conductivity and possible application as a solid-state separator inside the battery. Source: EnergyX.

Companies 448

Companies Lithium Ion Energy Storage 2020 448