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Brightmark Energy closes $260M in financing for first US commercial-scale waste-plastics-to-fuel plant; ULSD and naphtha

Green Car Congress

Brightmark Energy , a San Francisco-based waste and energy development company, closed a $260-million financing package for the construction of the US’ first commercial-scale plastics-to-fuel plant, which will be located in Ashley, Indiana.

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Hyundai Motor targeting 7% of global EV market by 2030; 1.87M BEVs

Green Car Congress

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 Presentation of Gang Hyun Seo, Executive Vice President and Head of Finance & Accounting Division at Hyundai Motor Company.

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Autovista24 – Autumn Budget implications for UK LCV market

Baua Electric

This marks three months of consecutive growth and the market’s best October in three years. In the year to date, the UK LCV market recorded 294,313 registrations , up 3.5% market share in October with 17,683 deliveries. Battery-electric vehicle ( BEV ) registrations in the LCV market surged 57.3% year on year. tonnes GVW.

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Amyris files for Chapter 11

Green Car Congress

In tandem, to advance its restructuring goals and maximize the value of its assets, Amyris is planning to exit its consumer brands and will begin marketing them for sale, with a view to having these brands continue to leverage Amyris’ science and technology while under new ownership.

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Data show California BEVs at 6.7% new vehicle marketshare in Q3

Green Car Congress

In an indication of the disparate income effects of the ongoing reopening/shutdown cycle in the state, sales of the higher cost alternative fuel vehicles held up better as higher wage workers have been more able to retain their jobs and incomes through telecommuting, according to the California Center for Jobs & The Economy.

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Uber and BYD team up for EVs and autonomous vehicles

Baua Electric

while skirting retail sales Uber’s targeting a zero-emissions platform by 2040 and going all-electric by 2030 in some markets Uber on Wednesday announced a partnership with BYD to bring 100,000 of the Chinese automaker’s EVs to its ride-hailing platform—laying the groundwork for BYD EVs to reach the U.S.

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LG Energy Solution cuts investments after weak earnings

Teslarati

LG Energy Solution (LGES) is cutting some investments after reporting weak earnings, mostly attributed to slow electric vehicle (EV) sales growth. “W W e will have to cut capital expenditure considering sluggish EV market conditions and client demand, ” commented Lee Chang-sil, LGES’ Chief Finance Officer.

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