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ABB increases stake in InCharge Energy to 60%; fleet electrification services

Green Car Congress

ABB has increased its stake in InCharge Energy, a provider of fleet electrification services ( earlier post ), to 60%. InCharge Energy will maintain its leadership team and tech neutrality as it joins ABB’s E-Mobility Division. Financial terms of this agreement were not disclosed.

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New report showcases innovative finance tools to electrify truck, bus fleets; TCE Toolkit

Green Car Congress

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”.

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DOE awards $165M GEODE grant to consortium to accelerate development of geothermal by leveraging oil and gas industry

Green Car Congress

The grant will provide $10 million in the first year, which will fund the consortium members, in collaboration with more than 100 partner entities, to develop a roadmap to accelerate the growth and development of geothermal, leveraging expertise, technologies, and methods from the oil and gas industry.

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NanoGraf receives $60 million from DOE to build Michigan silicon anode battery material plant – Charged EVs

Baua Electric

Chicago-headquartered NanoGraf has been awarded a $60-million grant from the US Department of Energy ’s Office of Manufacturing and Energy Supply Chains to retrofit a manufacturing facility in Flint, Michigan to produce silicon anode battery materials. million EVs. “Our

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EV Life is awarded CalSEED grant from the California Energy Commission to make financing electric cars cheaper than gas vehicles.

EV Life

The grant will fund the development of a fintech platform to empower EV buyers to save up to $200/month on electric vehicle loans. EV Life, a car site dedicated exclusively to electric vehicles, announced that it was 1 of 28 companies to win a CalSEED grant from the California Energy Commission (CEC). About EV Life.

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DOE announces $15.5B package primarily focused on retooling existing factories for EVs

Green Car Congress

The US Department of Energy (DOE) announced a $15.5-billion This includes making available $2 billion in grants and up to $10 billion in loans to support automotive manufacturing conversion projects that retain high-quality jobs in communities that currently host these manufacturing facilities.

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True Zero expands its hydrogen station network with $26.6M in grants from the California Energy Commission

Green Car Congress

Last week True Zero, the retail brand of hydrogen stations developed, owned, and operated by FirstElement Fuel, was selected by the California Energy Commission to build 12 new hydrogen stations in the Commission’s latest round of grant awards to help build out California’s retail hydrogen network.

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