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 Batteries Battery Production 430

Green Car Congress

JANUARY 17, 2023

Total corporate funding (including venture capital funding, public market, and debt financing) for the energy storage, smart grid, and energy efficiency sectors in 2022 was up 63% with $31.7 Corporate funding for energy storage, smart grid, and energy efficiency companies. Smart grid companies raised $3.3 billion in 2021.

Energy Storage 259

Energy Storage Corporation Companies Energy 259

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. As a first tangible step towards its 2040 vision the company aims to reduce its lifecycle carbon footprint per car by 40% between 2018 and 2025.

Volvo 514

Volvo Green Luxembourg Cars 514

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 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 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 Motors 370

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

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

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

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

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

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. It will also allow Volta to begin its international expansion.

Charging 417

Charging Financing Store Porsche 417

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

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

MAY 6, 2022

Volta Trucks has outlined its strategic roadmap for its entry into the North American market. Ahead of the introduction in North America, the company expects to have already built more than 1,500 full-electric Class 7 trucks for European customers.

Los Angeles 368

Los Angeles North America Market Maintenance 368

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 Connect 243

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

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

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

JANUARY 28, 2022

The report also finds that climate-tech corporate finance totaled $165 billion in 2021. This category of investment, not included in the $755 billion, describes new equity financing raised by companies in the climate-tech space, either from public markets or private investors.

Carbon 418

Carbon Transportation Global 2020 418

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

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

MARCH 6, 2021

The technology can serve the fast-growing electrified vehicles and hydrogen transportation markets. The company has validated its competitive advantage in real-life applications and has shown strong commercial traction. million) Series D financing round announced by the company in November 2020. million ($48.5

Market 257

Market Lithium Ion Energy Storage Hydrogen 257

Green Car Congress

NOVEMBER 27, 2021

Cornish Lithium ( earlier post ), a mineral exploration and development company based in Cornwall, UK, secured an investment package of up to £18 million (US$24 million) from TechMet Limited, a leading technology metals investment company. In Cornwall, lithium is contained within mica minerals (zinnwaldite and lepidolite).

Financing 419

Financing Water Li-ion Lithium Ion 419

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

MARCH 13, 2021

Seven companies from the GET H2 initiative in Europe want to build a cross-border pipeline for green hydrogen. The link to the Dutch gas market lays the foundation for a trans-European hydrogen market. The companies want to push ahead with the development of a hydrogen economy.

Hydrogen 435

Hydrogen Green Europe Gas-Electric 435

Green Car Congress

FEBRUARY 20, 2023

A number of foreign companies are interested in developing lithium deposits in Mexico; in September 2022, the finance ministry valued the lithium deposit in Sonora state as worth as much as 12 trillion Mexican pesos (US$653 billion, currently).

Mexico 543

Mexico Bolivia Argentina Chile 543

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 21, 2022

With solar charging as an option, LAND aims to gain traction in the new mobile energy market. Founder and CEO Scott Colosimo was inspired to delve into the EV industry after his success as the founder of Cleveland CycleWerks, a motorcycle design and manufacturing company. —Scott Colosimo.

Motorcycles 435

Motorcycles Cleveland Production Tax Credit 435

Green Car Congress

NOVEMBER 11, 2020

The 2020 edition of Global Landscape of Renewable Energy Finance highlights however, that while a cumulative US$1.8 Global landscape of renewable energy finance in 2017-2018. From Global Landscape of Renewable Energy Finance. Renewable energy investment slightly declined in 2018, with modest growth through 2019.

Climate 349

Climate Renewable Financing 2018 349

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 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

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

Green Car Congress

OCTOBER 13, 2022

Energy storage installations around the world are projected to reach a cumulative 411 GW (or 1,194 GWh) by the end of 2030, according to the latest forecast from research company BloombergNEF (BNEF). Record electricity prices are forcing consumers to consider new forms of energy supply, driving the residential storage market in the near term.

Energy Storage 259

Energy Storage Global Market Energy 259

Green Car Congress

OCTOBER 6, 2021

largest shipping and logistics company. DFDS has chosen a financing solution provided by Volvo Financial Services. The electrification trend in the heavy truck market is accelerating. Our clear aim is to drive the electric truck transformation and our market-leading position shows that we are definitely on the right track.

Volvo 435

Volvo North America Electrical Electric 435

Green Car Congress

JUNE 2, 2022

The road transport sector could still reach net-zero emissions by 2050 through electrification, but urgent action would be required from policymakers and industry participants, according to research company BloombergNEF’s (BNEF) latest annual Long-Term Electric Vehicle Outlook (EVO).

Transportation 473

Transportation Emissions Economy Fleet 473

Green Car Congress

JULY 12, 2023

The pilot demo marked the first ever genset demonstration for our company. —Robert Schanz, ClearFlame Vice President, Research & Development Phase two testing in conjunction with ComEd, an Exelon company in Illinois will be the next step in the product development process. Earlier post.) Earlier post.)

EPRI 370

EPRI Illinois Clean Cleaning 370