Remove Corporation Remove Financing Remove Industry
article thumbnail

Group14 closes $18M in financing to scale-up silicon-carbon composite anode material

Green Car Congress

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. When the automotive industry is fully electrified, there will be a nearly trillion-dollar battery industry, 25 times bigger than today.

Financing 243
article thumbnail

Oxford spin-out OXCCU raises US$22.8M to transform carbon dioxide into sustainable aviation fuel

Green Car Congress

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
article thumbnail

Airbus and LM Industries create mobility startup Neorizon; digital manufacturing

Green Car Congress

Airbus and LM Industries, the the parent company of Local Motors and Launch Forth, have formed Neorizon to provide disruptive and innovative products with an initial focus on local mobility and autonomy. —Jay Rogers, CEO and founder of LM Industries. leadership.

Industry 285
article thumbnail

Opposed-piston engine company Achates Power raises $35.2M in Series C Financing; new industry advisory board

Green Car Congress

million in Series C financing. The company also announced the formation of a new Industry Advisory Board, and its selection as a semi-finalist in the Securing America’s Future Energy (SAFE) Energy Security Prize. Achates Power, Inc., Earlier post.). Earlier post.).

Financing 236
article thumbnail

Plug Power, Chart Industries and Baker Hughes to become cornerstone investors in FiveT Hydrogen Fund; clean hydrogen at scale

Green Car Congress

Plug Power, Chart Industries, Inc. Plug Power intends to commit €160 million ($200 million), and Chart Industries and Baker Hughes each intend to commit €50 million respectively ($60 million). The Fund will exclusively finance projects in the production, storage and distribution of clean hydrogen.

Hydrogen 170
article thumbnail

Terra Motors partners Pooja Finelease Ltd. for electric vehicle financing

Electric Vehicles India

for electric vehicle financing. India’s leading non-banking finance company for electric vehicle financing. Akihiro Ueda, CEO, Terra Motors said, “This partnership between Pooja Finelease and Terra Motors will give access to a larger audience and will take care of our North, East and North-Eastern region financing.

Financing 101
article thumbnail

Iveco Group acquires full control of Nikola Iveco Europe

Green Car Congress

announced that, following the finalization of the definitive agreements with Nikola Corporation as per the terms sheet described on 9 May 2023, its subsidiary Iveco S.p.A. Iveco Group N.V.

Europe 395