Green Car Congress

FEBRUARY 4, 2021

The Daimler Truck business will have fully independent management, stand-alone corporate governance including an independent Chairman of the Supervisory Board, and is targeted to qualify as a DAX company. Daimler intends that a significant majority stake in Daimler Truck will be distributed to Daimler shareholders.

Companies 497

Companies Mercedes Cars North America 497

Green Car Congress

NOVEMBER 3, 2020

Lordstown Motors Corporation, a startup developing an all-electric pickup truck serving the commercial fleet market, merged with DiamondPeak Holdings Corporation, a special purpose acquisition company (SPAC). In November 2019, the Lodstown Motors acquired the Lordstown Complex, formerly a General Motors Corporation (GM) factory.

Motor 321

Motor Motors Motoring Corporation 321

Green Car Congress

FEBRUARY 14, 2012

As part of its bankruptcy plan, ECD intends to sell through separate sales its wholly owned operating subsidiary United Solar Ovonic LLC (USO) and other assets, including its minority stake in Ovonyx, Inc. 35 OBC employees have been hired by BASF as part of this transaction. 51-year-old Energy Conversion Devices, Inc. Earlier post.)

Corporation 210

Corporation Conversion Companies Sale 210

Green Car Congress

MARCH 17, 2020

Toyota Motor Corporation and Toyota Financial Services Corporation launched a cross-Group virtual organization, Toyota Blockchain Lab, in April 2019. TRI-AD), TOYOTA Connected Corporation, and Toyota Motor North America, Inc., and relationship-building with partner companies.

Toyota 286

Toyota Corporation Financing Connected 286

Green Car Congress

MAY 12, 2020

Hyundai Motor Company is partnering with Incheon International Airport Corporation (IIAC), Air Liquide Korea and Hydrogen Energy Network (HyNet) to establish a hydrogen refueling station for fuel cell electric buses at Incheon Airport’s Terminal 2 by March 2021.

Hydrogen 377

Hydrogen Hyundai Motoring Motor 377

Green Car Congress

DECEMBER 6, 2011

As part of its strategy of developing solutions to reduce CO 2 emissions, Valeo has acquired the Variable Torque Enhancement System (VTES) ( earlier post ) business of UK automotive technology development company Controlled Power Technologies (CPT). VTES will be integrated into Valeo’s Powertrain Systems Business Group with immediate effect.

Power 326

Power Powered Downsizing Electric 326

Green Car Congress

SEPTEMBER 20, 2011

As part of its plans, Boston-Power is establishing an R&D and EV battery engineering facility in China. As part of its investment in Boston-Power, GSR Ventures Managing Director Sonny Wu will serve as chairman of the board of directors.

Boston 199

Boston Li-ion China Lithium Ion 199

Green Car Congress

JUNE 11, 2012

ALTe Powertrain Technologies, developer of a range-extended plug-in electric hybrid powertrain for light commercial fleet vehicle applications, has created a Commitment to Action to spur adoption of hybrid electric technology in the worldwide fleet industry as part of the Clinton Global Initiative America (CGI America) meeting.

Fleet 236

Fleet Global Purchase Financing 236

Green Car Congress

JANUARY 5, 2011

Qteros also announced that it has closed the initial tranche in its Series C financing. The completion of this $22M financing is expected to provide sufficient funding to accelerate its development and commercialization plans. India-based Praj Industries Limited and Qteros, Inc.,

Financing 170

Financing Commercial Industry Industrial 170

Green Car Congress

SEPTEMBER 22, 2010

GE and Better Place have formed a technology and financing partnership to accelerate the global deployment of electric vehicle infrastructure through collaboration in four key areas: standards-based technology development; battery financing; joint fleet electrification programs; and consumer awareness. GE’s WattStation.

San Francisco 225

San Francisco Honolulu Financing Hawaii 225

Green Car Congress

NOVEMBER 19, 2013

Furthermore, BAIC will increase its stake in the production joint venture Beijing Benz Automotive Corporation (BBAC) by 1% to 51%. At the same time, Daimler will increase its stake in the integrated sales joint venture Beijing Mercedes-Benz Sales Service Corporation (BMBS) by 1% to 51%. BMBS); Mercedes-Benz Auto Finance Ltd.

Chinese 259

Chinese Companies Mercedes Motoring 259

Green Car Congress

AUGUST 4, 2022

SK On has secured a total of US$2 billion as its investment resource for its European battery business with the aid of Euler Hermes, a trade credit insurance institution of Germany, Korea Trade Insurance Corporation, and the Export-Import Bank of Korea. The three agencies that took part in the financing are all export credit agencies (ECAs).

Europe 210

Europe Battery Batteries Financing 210

Green Car Congress

JANUARY 17, 2011

The EU-financed SARTRE (Safe Road Trains for the Environment) project has carried out the first successful demonstration of its vehicle platooning technology at the Volvo Proving Ground close to Gothenburg, Sweden. This marks the first time the EU-financed development teams in SARTRE have tried their systems together outside the simulators.

Vehicles 278

Vehicles Sweden Volvo Financing 278

Green Car Congress

JUNE 3, 2019

As part of the financing, Tim Woodward, managing director at Prelude Ventures, will join LevelTen Energy’s board of directors. As part of the financing, Tim Woodward, managing director at Prelude Ventures, will join LevelTen Energy’s board of directors.

Renewable 223

Renewable Energy North America America 223

Green Car Congress

FEBRUARY 1, 2013

It also gives us the opportunity to be part of the growth of one of its major domestic participants. Daimler in China is based in Beijing and includes Mercedes-Benz (China) Ltd, Mercedes-Benz Auto Finance Ltd, Daimler Northeast Asia Parts Trading & Services Co., the joint ventures Beijing Benz Automotive Co.,

Motoring 247

Motoring Motor Motors Mercedes 247

Green Car Congress

AUGUST 22, 2012

Startup US Fuel Corporation (USF), which plans to design, build, own and operate scalable facilities near coal mine sites to convert coal into synthetic fuels, will acquire coal-to-diesel intellectual property (IP) that USF co-developed with an executive team consisting of Paul Adams and Steve Luck. Andrew Halarewicz, Sr.

Coal 225

Coal Diesel Fuel Kentucky 225

Green Car Congress

MAY 8, 2022

Canada-based Northern Graphite Corporation has closed its previously announced acquisition of the producing Lac des Iles graphite mine (LDI) in Québec from a subsidiary of Imerys SA and the Okanjande graphite deposit/Okorusu processing plant in Namibia from a subsidiary of Imerys and its joint venture partner.

Namibia 284

Namibia Chinese Companies Financing 284

Green Car Congress

JANUARY 31, 2012

Navistar International Corporation is a holding company whose subsidiaries and affiliates produce International brand commercial and military trucks, MaxxForce brand diesel engines, IC Bus brand school and commercial buses, Monaco RV brands of recreational vehicles, and Workhorse brand chassis for motor homes and step vans.

San Marino 218

San Marino America Commercial Monaco 218

Green Car Congress

OCTOBER 7, 2021

The BMW investment was part of Lilac’s just-closed US$150-million Series B financing. New investors in the round in addition to BMW include SK Materials, Presidio Ventures (a Sumitomo Corporation Group Company), MCJ Collective, and Earthshot Ventures.

BMW 236

BMW Companies Financing Standards 236

Green Car Congress

AUGUST 11, 2016

Sumitomo Corporation and Musashi Seimitsu Industry Co., have reached a basic agreement on the acquisition by Sumitomo Corporation of 25% of the shares of Hay Holding GmbH, a major German manufacturer of automotive parts whose shares are all held by Musashi.

Corporation 150

Corporation Motorcycles Financing Automobile 150

Green Car Congress

AUGUST 26, 2011

BYD and The Hertz Corporation, the world’s largest general use car rental brand, announced a strategic partnership to promote new energy applications to propel the development of the EV markets in China. As part of the partnership, Hertz will rent BYD’s e6 electrical vehicle (EV) to Chinese consumers, municipalities and government agencies.

BYD 225

BYD E6 China Taxi 225

Green Car Congress

FEBRUARY 12, 2014

As part of the investment, Haldor Topsøe will collaborate with Faradion to further co-develop and scale up key parts of the company’s sodium-ion (Na-ion) technology. Other partners in the investment included Finance Yorkshire’s Seedcorn Fund and Rising Stars Growth Fund II LP.

Sodium 199

Sodium Li-ion Companies Battery 199

Green Car Congress

JULY 15, 2010

The feasibility study is the first step in securing additional state funds for the construction of the Alliance’s first pilot production facility, and as part of the program in Pennsylvania the Alliance will seek opportunities to collaborate with local universities and research centers.

Pennsylvania 210

Pennsylvania Grant Coal Carbon 210

Green Car Congress

DECEMBER 17, 2018

24M , part of a team that received $3.5 24M , part of a team that received $3.5 The financing was led by advanced ceramics manufacturer Kyocera Group and leading global trading company, ITOCHU Corporation. —Koji Hasegawa, General Manager, Industrial Chemicals Department of ITOCHU Corporation.

Lithium Ion 207

Lithium Ion Li-ion Battery Batteries 207

Green Car Congress

AUGUST 8, 2012

A123 Systems, a developer and manufacturer of advanced lithium-iron phosphate batteries and systems, signed a non-binding memorandum of understanding (MOU) with Wanxiang Group Corporation establishing the framework for a strategic investment through which Wanxiang would invest up to $450 million in A123. million (a decrease of 53% from $36.4

2012 273

2012 2011 Convert Corporation 273

Green Car Congress

JANUARY 24, 2012

The SARTRE project (Safe Road Trains for the Environment) ( earlier post ) has recently completed the first successful test demonstration of a multiple vehicle platoon, with Volvo Car Corporation as the only participating car manufacturer. —Erik Coelingh, technical project manager at the Volvo Car Corporation. Earlier post.

Vehicles 255

Vehicles Sweden Volvo Environment 255

Green Car Congress

AUGUST 18, 2009

The company is also moving its corporate headquarters from San Carlos to this site. Financing will come in part from loans from the US Department of Energy. Tesla Motors will develop and manufacture electric vehicle components in a renovated building in the Stanford Research Park in Palo Alto.

Tesla 186

Tesla Tesla Motors Financing Affordable 186

Green Car Congress

OCTOBER 16, 2012

to Wanxiang America Corporation on the 3.75% convertible subordinated notes due 2016 in the aggregate principal amounts of $143,750,000. First, the company does not expect to pay its October interest payment of $2,695,312.50 Earlier post.). in aggregate principal amount of which are currently outstanding.

Li-ion 268

Li-ion Convert Financing 2016 268

Green Car Congress

OCTOBER 21, 2021

As part of JJE’s upcoming IPO at The Science and Technology Innovation (STAR) Board on the Shanghai Stock Exchange, Allison will make a strategic investment of 264 million CNY (approx. US$42 million). Earlier post.).

North America 186

North America China Michigan 2008 186

Green Car Congress

SEPTEMBER 18, 2022

Woodside Energy; Japan Oil, Gas and Metals National Corporation (JOGMEC); Marubeni Corporation; Hokuriku Electric Power Company; The Kansai Electric Power Co.; Tohoku Electric Power Co.; and Hokkaido Electric Power Co.

Japan 195

Japan Australia Supplies Emissions 195

Green Car Congress

SEPTEMBER 13, 2010

As part of its continuing US manufacturing ramp up, A123 also plans to open a coating plant in Romulus, Mich., In addition to the DOE grant, the company received $125 million in state incentives from Michigan as part of its 21 st Century Jobs Fund to help finance these manufacturing facilities. The new plant in Livonia, Mich.

Li-ion 186

Li-ion Michigan Manufacturer Lithium Ion 186

Green Car Congress

APRIL 14, 2012

As part of a planned five-year initiative, the Energy Department will make $5 million available in fiscal year 2012. The Joint Clean Energy Research and Development Center is part of the US-India Partnership to Advance Clean Energy. MEMC Corporation; and Solarmer Energy Inc. Hindustan Petroleum Corporation Ltd.;

India 240

India Clean Cleaning Solar 240

Green Car Congress

NOVEMBER 29, 2011

Based on a survey of 284 senior-level renewable energy executives, the report canvasses the risks in financing, constructing and operating renewable energy projects as well as the risk management challenges that the renewable energy industry must confront. —Agostino Galvagni, Chief Executive Officer Swiss Re Corporate Solutions.

Renewable 199

Renewable Energy Financing Wind 199

Green Car Congress

FEBRUARY 7, 2013

Establish state and local programs for financing of efficiency measures, which may use repayment on utility bills or on property tax bills (the capital could be provided by institutional investors). Make all cost-effective efficiency improvements to federal buildings, using private financing and public funds.

Energy 236

Energy Production Financing 2005 236

Green Car Congress

APRIL 29, 2014

Within the next three years, Toyota’s three separate North American headquarters for manufacturing (Erlanger, KY); sales and marketing (Torrance, CA); and corporate operations (New York, NY) will relocate to a single campus in Plano. Toyota’s North American finance arm also plans to move its headquarters to this new shared campus.

Kentucky 268

Kentucky New York Texas Toyota 268

Green Car Congress

JULY 25, 2019

Toyota Motor Corporation (Toyota) concluded an agreement with Didi Chuxing (DiDi) to expand collaboration in Mobility as a Service (MaaS) in China. As part of this agreement, Toyota will invest US$600 million in DiDi and a joint venture, which the two companies will establish with GAC Toyota Motor Co.,

Toyota 170

Toyota Vehicles Maintenance 2018 170

Green Car Congress

FEBRUARY 13, 2017

The financing included new investors Lear Corporation, a leading automotive seating systems and electrical systems supplier, and SPDG, a single family office based in Brussels, in addition to the company’s existing major shareholders.

GM 150

GM North America Fuel Economy Financing 150