Green Car Congress

NOVEMBER 5, 2021

Ford Motor Company and its financing subsidiary, Ford Motor Credit Company, introduced the North America auto industry’s first sustainable financing framework, focusing on and paying for ambitious plans in vehicle electrification and other environmental and social areas. Vigeo Eiris, an arm of Moody’s Corp.,

Financing 170

Financing Ford Clean Cleaning 170

Teslarati

FEBRUARY 8, 2023

BoA said it would allow consumers the option to finance residential electric vehicle chargers alongside their auto loans through the bank. The option of letting consumers finance the chargers will ultimately fall into the hands of dealers and manufacturers, the company said. The IRA has set aside $7.5 I’d love to hear from you!

Financing 145

Financing America Purchase Charging 145

Green Car Congress

JANUARY 27, 2022

Baidu’s intelligent electric vehicle arm JIDU has closed Series A financing, raising nearly $400 million. This round of financing was backed by Baidu and its strategic partner multinational auto manufacturer Zhejiang Geely Holding Group. Now, in the span of ten months, JIDU has received a new round of financing.

Companies 186

Companies Financing Cars Concept 186

Green Car Congress

FEBRUARY 18, 2021

Our ambition is to build an advanced innovation center combined with a giga factory, meaning that we will produce fuel cells with a capacity of 1200 megawatts, or 1.2 We combine a best-in-class fuel cell solution with a long history of being a trusted engineering partner to leading companies in the global maritime industry.

Norway 468

Norway Hydrogen Fuel Building 468

Green Car Congress

FEBRUARY 4, 2021

Daimler plans a fundamental change in its structure, splitting into two independent pure-play companies: Mercedes-Benz Cars & Vans, and Daimler Truck, which will be a spin-off the current Truck and Bus business. It represents the start of a profound reshaping of the company. This is a historic moment for Daimler.

Companies 497

Companies Mercedes Cars North America 497

Green Car Congress

DECEMBER 10, 2022

LeydenJar , a Dutch developer of ultra-thin, pure silicon battery anodes, has secured the funding to build its first factory to produce silicon anode foil. Now, the EIB’s financing will help it to develop and install a set of larger machines to demonstrate the first-of-its-kind production of the anode material at industrial scale.

Companies 231

Companies Li-ion Financing Luxembourg 231

Green Car Congress

MARCH 31, 2020

Via , a company that provides digital infrastructure to power public mobility in cities around the world ( earlier post ), has raised a Series E financing led by EXOR. The financing values the company at $2.25 EXOR is one of Europe’s largest diversified holding companies controlled by the Agnelli family.

Companies 243

Companies Malta New York City Financing 243

Green Car Congress

NOVEMBER 13, 2021

China’s Tsingshan , the world’s largest producer of stainless steel, will invest $375 million to build a lithium plant in Argentina with French multinational mining and metallurgy company Eramet. The two companies have partnered before, with the Weda Bay Nickel project in Indonesia. Eramet will control the project, with a 50.1%

Argentina 335

Argentina Building Chinese Financing 335

Green Car Congress

DECEMBER 14, 2021

ABIC), a special purpose acquisition company (SPAC), have entered into a definitive business combination agreement under which ABIC will combine with LiveWire, Harley-Davidson’s electric motorcycle division ( earlier post ), to create a new publicly traded company. Harley-Davidson and AEA-Bridges Impact Corp. billion at closing.

Electric Motorcycles 418

Electric Motorcycles Motorcycles Companies Electrical 418

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 Battery Batteries 218

Green Car Congress

AUGUST 17, 2023

General Motors is leading a $60-million Series B financing round in Mitra Chem , a Silicon Valley-based, AI-enabled battery materials innovator. The company’s AI-powered platform and advanced research and development facility in Mountain View, California, will help accelerate GM’s commercialization of affordable electric vehicle batteries.

GM 195

GM Companies Battery Batteries 195

Green Car Congress

DECEMBER 6, 2021

Iberdrola and H2 Green Steel (H2GS, earlier post )have signed an agreement to build a plant with an electrolysis capacity of 1 GW. Both companies will also explore the possibility of locating a steelmaking facility capable of producing between 2.5 and 5 million tonnes of green steel plate per year on the same site.

Green 304

Green Hydrogen Building Financing 304

Teslarati

DECEMBER 7, 2021

Lucid Group ( NASDAQ: LCID ) has announced that it has selected Bank of America as its preferred lending partner, giving customers the opportunity to apply for financing services for a seamless and stress-free experience. This financing solution was developed for Lucid to make it easier for customers to finance electric vehicles.

Financing 122

Financing America Carbon Automobile 122

Green Car Congress

DECEMBER 15, 2022

Group14 Technologies, a global manufacturer and supplier of advanced silicon battery technology, raised $214 million in additional financing from a consortium including Microsoft’s Climate Innovation Fund, Lightrock Climate Impact Fund, Moore Strategic Ventures, Oman Investment Authority, and Molicel. Earlier post.)

Lithium Ion 150

Lithium Ion Oman Battery Batteries 150

Green Car Congress

JANUARY 24, 2023

TAE Technologies , the world’s largest private fusion energy company, has spun-out a new subsidiary, TAE Power Solutions. TAE Power Solutions intends to deliver a novel technology to improve fundamentally the reliability, efficiency, longevity, and affordability of electric-powered products, from vehicles to renewable energy storage.

Fusion 250

Fusion Power Powered Companies 250

Green Car Congress

JANUARY 3, 2019

a manufacturer of electric-mobility solutions to the transportation sector ( earlier post ), closed a $35-million financing with Marathon Asset Management. Marathon is the right strategic partner for Workhorse's current capital needs, and we plan to leverage their experience, size and resources to further support our growth as a company.

Financing 259

Financing Purchase Energy Batteries 259

Green Car Congress

MARCH 31, 2014

Cool Planet Energy Systems, a renewable fuels and biochar company ( earlier post ), closed on its targeted $100 million Series D financing. The company broke ground on its first biofuel production facility in Alexandria, Louisiana, on 26 February 2014.

Financing 225

Financing Renewable Companies Fuel 225

Electrek

SEPTEMBER 8, 2023

LAND, a Cleveland-based electric motorcycle maker and battery technology company, recently wrapped up a successful Series A financing round, surpassing their fundraising goal by over US $1 million. more… The post Ohio-based electric motorcycle maker raises $7M to build bikes in the US appeared first on Electrek.

Electric Motorcycles 116

Electric Motorcycles Ohio Motorcycles Cleveland 116

Green Car Congress

JULY 31, 2014

Skeleton Technologies, a manufacturer of high power- and energy-density ultracapacitors ( earlier post ) has completed Round A financing of €3.9 The financing will be used for production scale-up and product development in addition to sales and marketing efforts. The company employs 28. million (US$5.4

Financing 247

Financing Manufacturer Estonia Germany 247

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. —Scott Mercer, Founder and CEO of Volta.

Charging 417

Charging Financing Store Porsche 417

Teslarati

JANUARY 4, 2023

Stellantis announced a partnership with Archer Aviation to build the all-electric Midnight electric vertical take-off and landing (eVTOL) aircraft. In its open house, the company stated that Midnight is designed to be safe, sustainable, and quiet. The legacy automaker will enter a new market with its Archer partnership.

Building 134

Building Electrical Electric Georgia 134

Green Car Congress

OCTOBER 20, 2020

Global corporate funding (including venture capital funding, public market, and debt financing) for the Battery Storage, Smart Grid, and Energy Efficiency sectors in Q3 2020 came to $3.2 Global VC funding for Battery Storage, Smart Grid, and Efficiency companies in 9M 2020 was slightly down with over $1.9 billion compared to $1.2

2020 221

2020 Grid Companies 2019 221

Green Car Congress

FEBRUARY 2, 2021

SK Innovation will initially invest US$1.148 billion in SK Battery Hungary (SKBH) to build its third European factory in Iváncsa, Hungary, with a production capacity of 30 GWh per year. The company plans to finance the project externally according to the construction schedule. billion ultimately to be spent in construction.

Hungary 186

Hungary Building Batteries Battery 186

Green Car Congress

DECEMBER 27, 2012

The Ukraine state oil and gas company Naftogaz signed a US$3.656-billion credit agreement with the state-owned China Development Bank to finance the program of substituting natural gas with locally produced coal. The program is aimed at improving Ukraine’s energy security and alleviating dependence on foreign natural gas.

Ukraine 236

Ukraine Coal Financing Gas 236

Green Car Congress

SEPTEMBER 6, 2021

Nornickel, the largest industrial company in the Russian Arctic, has unique expertise in operating the Northern Sea Route, a strategic transport artery of the global logistics system. The company is ramping up its shipping volumes to prevent delays in its strategic investment projects in the Norilsk Industrial District.

Design 195

Design Building Russia Fleet 195

Green Car Congress

JANUARY 21, 2023

In parallel, the company is starting to contract preferred suppliers for the plants, potential customers for hydrogen and CO 2 , and companies that can provide waste of suitable quantity and quality. FUREC receives funding from the EU Innovation Fund, which is 100% financed by the EU Emissions Trading System (ETS).

Waste 448

Waste Hydrogen Grant Netherlands 448

Green Car Congress

JULY 8, 2010

Energy crop company Ceres, Inc. The proceeds will be used, in part, to expand the company’s research and commercialization activities in the advanced biofuels and biomass-to-power markets. The company also grew its international presence, and is deploying its seeds and technology in Brazil.

Financing 186

Financing Companies Energy Luxembourg 186

Teslarati

APRIL 20, 2022

The Boring Company (TBC) announced that it raised $675 million in a Series C funding round led by Vy Capital and Sequoia Capital, with participation from Valor Equity Partners, Founders Fund, 8VC, Craft Ventures, and DFJ Growth. The financing values The Boring Company at $5.675 billion.

Las Vegas 115

Las Vegas Companies San Antonio Production 115

Green Car Congress

JUNE 8, 2022

The Stuttgart-based sports car manufacturer has agreed with the US company on a three-year cooperation aimed at establishing six companies from 2023 to 2025 with new business models in various areas of mobility. Porsche is expanding its venturing network by collaborating with UP.Labs, a new model for fostering innovative startups.

Porsche 150

Porsche Los Angeles Building Financing 150

Green Car Congress

MAY 21, 2020

Energy company SGH2 is bringing the world’s biggest green hydrogen production facility to Lancaster, California. Bloomberg New Energy Finance reports that clean hydrogen could cut up to 34% of global greenhouse gas emissions from fossil fuels and industry.

Waste 448

Waste Hydrogen Green California 448

Green Car Congress

JUNE 23, 2022

Energy company RWE and steel producer ArcelorMittal have signed a memorandum of understanding to work together to develop, build and operate offshore wind farms and hydrogen facilities that will supply the renewable energy and green hydrogen required to produce low-emissions steel in Germany. RWE wants to be climate-neutral by 2040.

Wind 195

Wind Hydrogen Emissions Building 195

Green Car Congress

OCTOBER 9, 2018

million) to build a Li-ion battery separator plant in China. SK Innovation is the first company in Korea and the third in the world exclusively to develop separators, a key component in lithium-ion batteries. in China, a wholly owned subsidiary, to finance the investment in the country. —SK Innovation CEO Jun Kim.

Li-ion 236

Li-ion Lithium Ion China Building 236

Green Car Congress

NOVEMBER 29, 2019

The BMW Group and Great Wall Motor have launched a new joint venture—Spotlight Automotive Limited—and are building a joint plant in China, where the BMW Group will produce future fully-electric models of its MINI brand. Jiangsu is also one of the leading provinces for finance, education and technology.

Mini E 259

Mini E BMW China Future 259

Green Car Reports

OCTOBER 11, 2018

Faraday's Future has hit another snag, in a dispute with the company's latest investors. The development of the luxury electric Faraday Future FF91, has been a roller-coaster ride of winning financing, running into disputes, delaying the car, and finding new investors.

Financing 99

Financing Future Building Companies 99

Green Car Congress

JANUARY 3, 2012

The BASF subsidiary led a $50-million financing round, joined by new and existing investors. Hamilton said in an interview that the company plans to build a facility by 2014 that will ship sugar that can compete in cost with Brazil’s sugar-cane crop. Earlier post.) —Mike Hamilton, Renmatix CEO.

Financing 231

Financing Companies Renewable Water 231

Teslarati

DECEMBER 28, 2021

Tesla’s leadership status as king of the electric vehicle sector has been established through several years of innovation and the company’s ability to influence an entire industry. Finance to discuss what is priming companies for the future, along with where they rank in terms of preparedness. Yu joined Ya hoo!

Building 145

Building Future Industrial Industry 145

Green Car Congress

APRIL 23, 2019

A combined $210 million was raised by battery storage, smart grid, and energy efficiency companies in Q1 2019—a 55.5% Total corporate funding (including VC, debt, and public market financing) in battery storage came to $130 million in nine deals compared to $110 million in 14 deals in Q4 2018.

2019 170

2019 Grid Companies 2018 170