Green Car Congress

SEPTEMBER 20, 2020

Nuvve Corporation, a San Diego-based vehicle-to-grid (V2G) technology company, is participating in a program to deliver resource adequacy to local utility San Diego Gas & Electric (SDG&E) and California’s electrical grid using a large stationary battery located on the University of California San Diego’s (UC San Diego’s) campus microgrid.

Grid 334

Grid San Diego Market Energy 334

Green Car Congress

AUGUST 2, 2022

Wind project financing was up 16% from 1H 2021, at $84 billion. Both sectors have been challenged recently by rising input costs for key materials such as steel and polysilicon, as well as supply chain disruptions and rising financing costs. billion raised—up 63% on the previous year. The 2Q figure, at $3.9

Financing 243

Financing Renewable Wind Energy 243

Green Car Congress

MAY 3, 2021

Direct lithium extraction (DLE) technology company Energy Exploration Technologies Inc. EnergyX) has secured commitments of $20 million in financing. The company said that the funding makes it the highest-valued direct lithium extraction technology company on the market.

Companies 448

Companies Lithium Ion Energy Storage Cleaner 448

Baua Electric

JUNE 9, 2024

This is the problem that Mercedes-Benz faced in India — a notoriously value conscious market. Today, it finances nearly half of all the Mercedes-Benz vehicles sold in India. Innovating Finance The programme offers a variety of options, from standard, fully amortised loans to balloon financing and flexible terms.

Financing 52

Financing Mercedes Market India 52

Green Car Congress

OCTOBER 13, 2020

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. million outstanding principal amount of those notes for shares of the company’s common stock.

Financing 186

Financing Convert Corporation Price 186

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.

Electric Motorcycles 418

Electric Motorcycles Motorcycles Companies Electrical 418

Green Car Congress

MARCH 7, 2022

Inceptio Technology, an autonomous driving truck technology and operation company ( earlier post ), closed a US$188-million Series B+ equity financing. This round of financing was jointly led by Sequoia Capital China and Legend Capital. Xuan Yuan was the given name of Huangdi, the legendary Yellow Emperor.).

Companies 259

Companies Financing China Supplies 259

CleanTechnica EVs

DECEMBER 7, 2023

If you’re wondering who is winning in the growing electric vehicle market, you should know by now that Tesla and. continued] The post EV Companies Taking More & More Share of World EV Market appeared first on CleanTechnica.

Market 109

Market Companies Electric Vehicles Tesla 109

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

CleanTechnica EVs

DECEMBER 7, 2023

If you’re wondering who is winning in the growing electric vehicle market, you should know by now that Tesla and. continued] The post EV Companies Taking More & More Share of World Auto Market appeared first on CleanTechnica.

Market 102

Market Auto Companies Electric Vehicles 102

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

Green Car Congress

MARCH 14, 2021

recently closed initial private placement equity financing for total gross proceeds of approximately US$42 million. With global headquarters in Los Angeles, SEA Electric currently has operations in five countries and more than one million miles of independent OEM testing and in-service operation in all markets.

Commercial 259

Commercial Companies Los Angeles Vehicles 259

Green Car Congress

MARCH 7, 2023

Tesla in Berlin, Northvolt in northern Germany and Italvolt near Turin are among the projects that stand to lose the greatest volumes of their slated capacity as the companies weigh up investing in the US instead. Battery investment in the US and China continued to grow, and European companies have already signalled expansion in America.

Companies 430

Companies Battery Batteries Production 430

Green Car Congress

JULY 13, 2020

recently completed a $50-million Series C financing round funded by Moore Strategic Ventures, LLC, the private investment vehicle of Louis M. Cowen acted as the company’s sole advisor and placement agent on the financing. Fisker Inc. Fisker also named Burkhard Huhnke as chief technology officer (CTO) of Fisker Inc.

Fisker 186

Fisker Financing Aston Martin Los Angeles 186

Green Car Congress

FEBRUARY 22, 2021

million in a Series B financing round, led by WRVI Capital, a prominent global technology investor. The proceeds will help Recogni bring its perception platform to market and expand its engineering and go-to-market teams. Recogni Inc., the developers of an AI vision cognition system for autonomous vehicles, raised $48.9

Companies 230

Companies Financing BMW 2019 230

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. The local grid near the company’s headquarters in Southern California provides 2 MW of power, while its fifth-generation fusion research reactor, Norman, operates at up to 750 MW. Background. billion.

Fusion 250

Fusion Power Powered Companies 250

Green Car Congress

NOVEMBER 10, 2020

received a purchase order for 500 of its all-electric C-1000 delivery vehicles from Pritchard Companies. Inventory financing will be provided by Hitachi Capital America as part of Workhorse’s previously announced strategic partnership with HCA. Workhorse Group Inc.

Purchase 418

Purchase Companies Financing Electrical 418

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

The company will invest €60 million in the construction of its first production facility, called “Plant One”, of which €30 million comes from a European Investment Bank (EIB) loan facility. The rest of the financing comes from LeydenJar’s client projects, earlier committed grants and the Series A investment round in 2021.

Companies 231

Companies Li-ion Financing Luxembourg 231

Green Car Congress

APRIL 15, 2022

PEM electrolyzer company Ohmium International closed a $45-million Series B financing round. The company has research and development facilities in the United States and India; manufacturing operations are in India. —Arne Ballantine, CEO of Ohmium International.

Manufacturer 225

Manufacturer Companies India Hydrogen 225

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

JANUARY 21, 2020

According to the report, global VC funding (venture capital, private equity, and corporate venture capital) for Battery Storage, Smart Grid, and Efficiency companies in 2019 was 18% lower with $2.3 In 2019, VC funding into Battery Storage companies increased by 103% to $1.7 billion compared to $2.8 billion raised in 2018. Smart Grid.

2019 195

2019 2018 Grid Companies 195

Green Car Congress

JUNE 15, 2023

OXCCU, a company spun-out from the University of Oxford in 2021 that is focused on converting carbon dioxide and hydrogen into industrial and consumer products ( earlier post ), completed an £18-million (US$22.8 million) Series A financing round.

Carbon 418

Carbon Fuel Financing Hydrogen 418

Green Car Congress

APRIL 16, 2021

Strategy Analytics’ Automotive Connected Mobility service released its H1 2021 Global Ride-Hailing Market Update and its associated Global Ride-Hailing Forecast , tracking more than 140 unique operators across 119 different countries. over the next 10 years, with a global market recovery expected toward the end of 2022. —Roger C.

2020 243

2020 Global Market Connected 243

Baua Electric

AUGUST 22, 2024

However, we also reported that employees left after the layoffs because company morale was hit. She held several major roles in Tesla’s finance department, including as Vice President, Finance and Business Operations for the last 5 years. A few months later, we learn of another executive leaving Tesla: Sreela Venkataratnam.

Financing 52

Financing Tesla 2013 Personal 52

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. Group14 Technologies will be one of the companies that helps to make electric vehicles widespread and ubiquitous.

Financing 243

Financing Carbon Li-ion Lithium Ion 243

Green Car Congress

MAY 23, 2023

Additionally, NGHC also announced that the non-recourse financing structured for the project has been certified by S&P Global (as the second party opinion provider) as adhering to green loan principles and is one of the largest project financings put in place under the green loan framework.

Hydrogen 186

Hydrogen Green Companies Financing 186

Green Car Congress

SEPTEMBER 11, 2014

Start-up Liquid Light, a developer of process technology to make major chemicals from low-cost, globally-abundant carbon dioxide ( earlier post ), has closed a $15-million Series B financing. The financing was completed at a significant increase in company valuation.

Financing 218

Financing Light Companies CO2 218

Green Car Congress

JULY 14, 2022

The Metals Company (TMC) announced that its Australian subsidiary, The Metals Company Australia Pty Ltd., The Metals Company has invested significant resources in its deep-sea environmental baseline program, and in November 2021 the company entered into an agreement with Kongsberg Digital to develop a Digital Twin.

Kiribati 397

Kiribati Nauru Tonga Companies 397

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

MARCH 24, 2021

To support these developments and be able to offer a complete and competitive Renault Trucks range on the market, the company is setting up an organization dedicated to electric mobility. Preparations are underway to market a Z.E. As regards the marketing of its Z.E. The Renault Trucks D Z.E., D Wide Z.E.

Range 459

Range Market Volvo Electrical 459

Baua Electric

JUNE 20, 2024

Photo: Recurrent Energy Recurrent Energy has secured $513 million in financing for Arizona’s largest standalone battery storage project. Solar and battery storage developer, owner, and operator Recurrent Energy , a subsidiary of Canadian Solar (Nasdaq: CSIQ), secured financing for its Papago Storage project in Maricopa County, Arizona.

Financing 52

Financing Arizona Battery Batteries 52

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.

Lithium Ion 150

Lithium Ion Oman Battery Batteries 150

Baua Electric

JUNE 28, 2024

Polish EV charger manufacturer Ekoenergetyka has signed a $182-million loan agreement with Bank Pekao to finance increased production capacity to meet growing European demand. Ekoenergetyka currently has about 20% of the market share of Europe’s urban bus charging stations and aims to increase its share in electric car and truck charging.

Financing 52

Financing Europe Charging International 52

Baua Electric

MAY 9, 2024

Cholamandalam Investment and Finance Company Limited, a major participant in India’s vehicle financing sector, reported a significant surge in demand, particularly in rural markets. The company management anticipate a marginal rise in the cost of funds due to an expanding borrowing profile.

Financing 52

Financing Vehicles India Economy 52

Green Car Congress

MARCH 3, 2022

In Seoul, Hyundai Motor Company unveiled a strategic roadmap to accelerate its electrification ambition as it pursues sustainable progress for the company. The company also unveiled targets for sales and financial performance to be achieved by 2030. Under the new plan, the company aims to boost annual global BEV sales to 1.87

Hyundai 370

Hyundai Global Motoring Motor 370

Green Car Congress

SEPTEMBER 22, 2021

The partnership will further allow both parties to benefit from a global manufacturing presence and service networks to support customers in local markets. 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