Green Car Congress

NOVEMBER 5, 2020

Hyundai Motor Company is spearheading the development of a hydrogen fuel cell commercial vehicle ecosystem in China with regional partners. Hyundai believes China has a massive potential for hydrogen powered commercial vehicles. —In Cheol Lee, Executive Vice President and Head of Commercial Vehicle Division at Hyundai Motor.

Hyundai 356

Hyundai Commercial China Fuel 356

Green Car Congress

AUGUST 5, 2022

Australia-based Hysata, which is commercializing capillary-fed electrolysis technology developed at the University of Wollongong ( earlier post ) has closed its oversubscribed Series A funding round of $42.5 million AUD (US$30 million).

Commercial 307

Commercial Hydrogen Denmark Australia 307

Green Car Congress

MARCH 14, 2021

recently closed initial private placement equity financing for total gross proceeds of approximately US$42 million. The net proceeds from the investment will allow SEA Electric to solidify its position in the electrification of commercial vehicles while funding its backlog and facilitating more pilot programs with operators.

Commercial 259

Commercial Companies Los Angeles Vehicles 259

Green Car Congress

SEPTEMBER 22, 2021

Allison brings more than 100 years of experience in building reliable and valued propulsion solutions, including two decades of electrified propulsion systems development and commercialization. Together, the companies will further define product portfolio scope, manufacturing locations and supporting resources to be provided by each party.

Commercial 296

Commercial Global Market Vehicles 296

Green Car Congress

OCTOBER 15, 2021

The company anticipates entry into commercial service in 2025 with a certified retrofit conversion kit for existing ATR 72 and De Havilland Canada Dash-8 regional airliners and a green hydrogen fuel services offering. Full-scale prototype of Universal Hydrogen's gaseous hydrogen module, with one capsule removed.

Hydrogen 397

Hydrogen Universal Financing Los Angeles 397

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. Going forward, our primary goal for both current and future capital initiatives is to leverage the best available financing solutions that will provide liquidity and favorable economics.

Financing 259

Financing Purchase Energy Battery 259

Green Car Congress

MARCH 25, 2020

Funds from the strategic financing will be used to further accelerate the company’s product development activities, project deployments, and growth plans as the Company expands its technical leadership in medium and heavy-duty hydrogen fuel cell bus and trucking applications.

Transportation 276

Transportation Commercial Fuel Energy 276

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 25, 2019

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 new funds will be used to scale-up manufacturing of a next-generation silicon-carbon composite anode material and advance into commercial production.

Financing 243

Financing Carbon Li-ion Lithium Ion 243

Green Car Congress

JUNE 2, 2022

Qmerit, the leading provider of implementation solutions for EV charging and other electrification technologies, has launched turnkey EV charging solutions for commercial properties. Qmerit then conducts an on-site evaluation using the foundational information from the Commercial Assessment. —Tracy K.

Commercial 199

Commercial Charging North America Financing 199

Green Car Congress

NOVEMBER 27, 2021

Cornish Lithium expects to benefit from TechMet’s deep knowledge of the battery metals supply chain and extensive commercial and strategic relationships. In addition, the Company will explore opportunities to generate complimentary commercial heat supplies in order to provide local businesses with low carbon energy.

Financing 419

Financing Water Li-ion Lithium Ion 419

Green Car Congress

DECEMBER 22, 2022

The new stufy combines analysis of investment opportunities focusing on three hubs: Mauritania - Morocco; southern Africa; and Egypt with a roadmap of technical, economic, environmental and financial solutions to unlock commercial development. The report was formally handed over to partners on 20 December.

Africa 481

Africa Mauritania Hydrogen Green 481

Green Car Congress

JUNE 15, 2023

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.

Carbon 418

Carbon Fuel Financing Hydrogen 418

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).

Lithium Ion 284

Lithium Ion Li-ion Commercial Gas 284

Green Car Congress

APRIL 6, 2022

With more than 800 vehicles on the road today, Proterra battery systems have been proven over 25 million service miles driven and selected by world-class commercial vehicle manufacturers to electrify delivery vehicles, construction equipment, school buses, coach buses, and more. Proterra 40' ZX5 Max.

Fleet 448

Fleet Purchase North America Energy Storage 448

Green Car Congress

JUNE 9, 2022

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.

Hydrogen 370

Hydrogen Emissions Financing USA 370

Green Car Congress

MAY 10, 2022

Following on the heels of the all-electric E-Transit that began production in March this year—the first of four further all-electric commercial vehicles Ford Pro will introduce by 2024—the E-Transit Custom is designed to set a new benchmark in Europe’s one-tonne van segment. Ford, SK On Co., Earlier post.).

Ford 419

Ford Turkey Electrical Electric 419

Green Car Congress

FEBRUARY 23, 2022

Cummins has entered into a definitive agreement to acquire Meritor, a global leader of drivetrain, mobility, braking, aftermarket and electric powertrain solutions for commercial vehicle and industrial markets. Under the terms of the agreement, Cummins will pay $36.50 billion, including assumed debt and net of acquired cash.

Climate Change 429

Climate Change Commercial Financing Global 429

Green Car Congress

JANUARY 28, 2022

Its innovative service models offer subscription solutions such as software-as-a-service and fully financed charging-as-a-service. InCharge Energy’s innovative service models offer subscription solutions such as software-as-a-service and fully financed charging-as-a-service.

Fleet 408

Fleet Energy Financing Maintenance 408

Green Car Congress

MAY 4, 2020

The A$300 million (US$193 million) Advancing Hydrogen Fund will be administered by the Clean Energy Finance Corporation (CEFC). The ARENA round is a $70-million grant program aiming to demonstrate the technical and commercial viability of hydrogen production at a large-scale using electrolysis.

Hydrogen 286

Hydrogen Financing Australia Renewable 286

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. Jose Serras-Pereira, Director – Advisory, Mobility Group, Frost & Sullivan.

Fleet 218

Fleet Commercial North America San Francisco 218

Green Car Congress

DECEMBER 1, 2019

The partnership with Mälarenergi represents our first commercial deployment, showcasing how batteries can be a part of the solution of the future grid. The Rocklunda project is supported by financing from the Swedish Energy Agency (Energimyndigheten). —Emad Zand, President Energy Solutions, Northvolt.

Energy Storage 390

Energy Storage Energy Charging Battery 390

Green Car Congress

SEPTEMBER 14, 2022

Launched out of stealth in May 2021, TeraWatt is accelerating the decarbonization of transport with a purpose-built platform that combines an EV charging-focused property portfolio, asset financing capabilities, project development, and charging and energy management expertise.

Commercial 195

Commercial Charging Fleet Financing 195

Green Car Congress

JULY 18, 2021

The financing round will enable the company to scale from the batch processing of materials to commercial roll-to-roll production. Using this fundraise, NFW will scale its production to full commercial capacity and capitalize on its existing momentum to bring its alternative material to the market.

BMW 435

BMW Polymer Illinois Carbon 435

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. With the nationwide EV outlook expected to reach 26.4

Financing 143

Financing America Purchase Charging 143

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. Workhorse Group Inc. received a purchase order for 500 of its all-electric C-1000 delivery vehicles from Pritchard Companies.

Purchase 418

Purchase Companies Financing Electrical 418

Green Car Congress

MARCH 21, 2022

In an open access paper published in Nature Communications , researchers from the University of Wollongong in Australia report that their capillary-fed electrolysis cell demonstrates water electrolysis performance exceeding commercial electrolysis cells, with a cell voltage at 0.5 kWh/kg in commercial electrolysis cells). Hodges et al.

Hydrogen 396

Hydrogen Energy Water Renewable 396

Green Car Congress

MAY 12, 2020

—Seong Kwon Han, President and Head of Commercial Vehicles Division at Hyundai Motor Company. The partnership is part of Korea’s Ministry of Environment’s project to install hydrogen refueling stations and subsidize privately financed infrastructure projects. In September 2019, Hyundai and Cummins Inc. Earlier post.).

Hydrogen 377

Hydrogen Hyundai Motoring Motor 377

Green Car Congress

MARCH 9, 2023

SEA Electric launched its first model in 2017 and has since released several medium- and heavy-duty commercial electric vehicles including delivery trucks, garbage trucks, tipper trucks, tilt tray trucks, reefer trucks, cherry picker trucks, school buses, shuttle buses, cargo vans and passenger vans.

Electrical 448

Electrical Electric Dealers Financing 448

Green Car Congress

NOVEMBER 26, 2019

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 Of that total, the large majority came from private sources of capital, such as international project developers, commercial banks, and private equity funds.

Coal 243

Coal Cleaning Clean Financing 243

Green Car Congress

JULY 1, 2023

Iveco said that the successful completion of this announced step reconfirms the steady commitment of the company in playing a leading role in the zero-emission heavy duty transport segment.

Europe 395

Europe North America Financing America 395

Electrek

DECEMBER 9, 2024

Commercialrooftop solar developer Solar Landscape secured a record-breaking $847 million in 2024 to fund its largest-ever portfolio of commercial rooftop solar projects. This windfall will finance over 200 US installations and bring clean energy to the equivalent of more than 50,000 homes.

Solar 135

Solar Commercial Financing Powered 135

Green Car Congress

APRIL 5, 2023

Group14 Technologies, a global manufacturer and supplier of advanced silicon battery technology, has begun construction of a second commercial-scale US Battery Active Materials (BAM-2) factory in Moses Lake, WA, in support of domestic efforts to advance the electric vehicle (EV) market.

Commercial 199

Commercial Battery Batteries Porsche 199

Green Car Congress

JULY 23, 2022

Gevo announced a new fuel sales agreement with American Airlines for the sale of 100 million gallons per year of sustainable aviation fuel (SAF) for five years from Gevo’s future commercial operations. Gevo’s delivery of SAF under this agreement is expected to begin in 2026. Gevo estimates that the agreement should generate approximately $2.75

Sale 320

Sale Purchase Financing Commercial 320

Green Car Congress

APRIL 2, 2021

Existing investors Breakthrough Energy Ventures, Ecosystem Integrity Fund, Summa Equity, Shell Ventures, and SYSTEMIQ also participated in the financing. This new round accelerates the larger hydrogen-electric engine development for the 50+ seat aircraft and supports additional commercial airlines initiatives to adopt hydrogen in aviation.

Hydrogen 376

Hydrogen Commercial Electrical Electric 376

Green Car Congress

MAY 31, 2021

—“State of Finance for Nature”. trillion finance gap between now and 2050, by “building back more sustainably”, by repurposing agricultural and fossil fuel subsidies and by creating economic and regulatory incentives. The report calls for coupling investments in restoration action with financing conservation measures.

Financing 296

Financing Climate Stimulus Climate Change 296

Green Car Congress

OCTOBER 27, 2018

Our goal is to complete the plant by the end of 2020, with commercial production commencing at the start of 2021. —Janne Palosaari, Chief Commercial Officer. Terrafame is also planning to start the recovery of natural uranium and its commercial utilization. —Joni Lukkaroinen, CEO of Terrafame.

Commercial 223

Commercial Production Battery Batteries 223