Remove Financing Remove For Sale Remove Sale
article thumbnail

California ARB fines Ford $2.96 million for sales of non-compliant On-Board Diagnostic systems in California

Green Car Congress

The California Air Resources Board announced that Ford Motor Company has agreed to fines totaling $2,960,000 for violations of air quality laws related to the sale of vehicles with non-compliant On-Board Diagnostic (OBD) systems in California. Officials estimate the money will support loans for about 90 clean-diesel vehicles.

article thumbnail

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.

Waste 268
article thumbnail

Elon Musk, Twitter reach agreement for sale of social media platform

Teslarati

Twitter confirmed the sale to Musk in a statement on Monday. billion of fully committed debt and margin loan financing and is providing approximately $21 billion in equity commitment, the release said. There are no financing conditions to the closing of the transaction. “Twitter, Inc. Musk has secured $25.5

For Sale 145
article thumbnail

Arkema boosting Kynar PVDF production to meet Li-ion materials demand; targeting €1B in battery sales by 2030

Green Car Congress

Arkema now aims for sales of at least €1 billion in the battery sector by 2030. This Center of Excellence, which will help accelerate the development of advanced materials and processes for future generations of more efficient, safer and more compact batteries, was partly financed by the Région-Auvergne-Rhône-Alpes.

Li-ion 221
article thumbnail

Solix BioSystems introduces 4,000 liter outdoor algae growth system

Green Car Congress

Solix BioSystems (formerly Solix Biofuels) announced the availability for sale of the Lumian AGS4000, a 4,000 liter integrated Algae Growth System (AGS) that provides an outdoor growth environment for the evaluation of algal species or as a source of clean culture inoculum for larger growth systems. In our AGS in Ft.

Financing 218
article thumbnail

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 million BEV units, Honda projects EVs will represent 36% of all its sales. This year, Hyundai begin sales of IONIQ 6, followed by IONIQ 7 in 2024.

Hyundai 370
article thumbnail

Zhongding Power to invest more than $200M to build EcoMotors opoc plant in China

Green Car Congress

One of the largest automotive component conglomerates in China, Zhongding will finance and construct the first opoc plant in the Anhui Province. A key provision of the agreement allocates a portion of the plant’s output to EcoMotors for sale and distribution to its own direct customers. China Diesel Engines Fuel Efficiency'

China 257