Green Car Congress

APRIL 28, 2021

Ford announced a new global battery center of excellence—called Ford Ion Park—to accelerate research and development of battery and battery cell technology, including future battery manufacturing.

Ford 334

Ford Global F-150 Batteries 334

Green Car Congress

AUGUST 2, 2022

Global investment in renewable energy totaled $226 billion in the first half of 2022, setting a new record for the first six months of a year, according to Renewable Energy Investment Tracker 2H 2022, a new report published by research firm BloombergNEF (BNEF). Wind project financing was up 16% from 1H 2021, at $84 billion.

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Financing Renewable Wind Energy 243

Green Car Congress

SEPTEMBER 23, 2019

Leading banks and the United Nations on Sunday launched the Principles for Responsible Banking , with 130 banks collectively holding US$ 47 trillion in assets—one third of the global banking sector—signed up. The Principles create the accountability that can realize responsibility, and the ambition that can drive action.

Climate 236

Climate Global Climate Change Financing 236

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.

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2020 Global Market Connected 243

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). World leaders Bolivia, Argentina and Chile hold 21Mt, 19Mt and 9.8Mt.

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Mexico Bolivia Argentina Chile 543

Green Car Congress

APRIL 7, 2022

Porsche is investing US$75 million in HIF Global LLC, a holding company of internationally active project developers of eFuel production facilities. In total, an amount in the low nine-figure USD range is flowing into HIF Global LLC. AME remains the majority shareholder of HIF Global LLC. Earlier post.).

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Porsche Chile Global Industrial 243

Green Car Congress

APRIL 22, 2021

million Series A financing round led by prominent Silicon Valley venture fund, Playground Global, with the investor syndicate comprising Fortescue Future Industries, Coatue, Global Founders Capital, Plug Power, Airbus Ventures, JetBlue Technology Ventures, Toyota AI Ventures, Sojitz Corporation, and Future Shape.

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Hydrogen Universal Commercial Building 397

Green Car Congress

NOVEMBER 11, 2020

Global renewable energy investment increased between 2013 and 2018, reaching its peak at US$351 billion in 2017, according to a new report by the International Renewable Energy Agency (IRENA) and Climate Policy Initiative (CPI). The 2020 edition of Global Landscape of Renewable Energy Finance highlights however, that while a cumulative US$1.8

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Climate Renewable Financing 2018 349

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.

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Charging Financing Store Porsche 417

Green Car Congress

JUNE 20, 2022

The aim is to foster the growth of electrified public transport globally through increasingly high-performance and competitive solutions. The success of these tests will be a key building block for Enel to include the Arrival Bus within its portfolio of global electrification solutions.

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Italy Electrical Electric Financing 433

Green Car Congress

JULY 30, 2021

million in new financing. Surging global demand for electric vehicles (EVs) and other motorized devices has highlighted global dependency on the unsustainably-produced rare earth materials currently required for the magnets needed in electric drivetrains and motors.

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Minnesota Commercial Clean Cleaning 482

Green Car Congress

JUNE 14, 2021

Among other things, we will promote the production of hydrogen on an industrial scale in Australia with German-Australian ‘Hydrogen Hubs’ using German technology and explore possibilities for cooperation within the framework of our new international funding instrument ‘H2-Global’. Co-financing of an AUS-DEU H 2 incubator for applied research.

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Australia Germany Hydrogen Green 334

Green Car Congress

DECEMBER 22, 2022

Government leaders, ministers, international finance, business partners and civil society from across Africa attended the unveiling event. The report was formally handed over to partners on 20 December. This is equivalent to energy costs of US$60 a barrel.

Africa 481

Africa Mauritania Hydrogen Green 481

Green Car Congress

JANUARY 20, 2021

Global investment in carbon capture and storage (CCS) tripled to $3 billion, and that in hydrogen was $1.5 A geographical split of BNEF’s energy transition investment data shows that Europe accounted for the biggest slice of global investment, at $166.2 Global investment in renewable energy capacity moved up 2% to $303.5

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2020 Global Energy United Arab Emirates 259

Green Car Reports

APRIL 15, 2024

China already has enough battery manufacturing capacity to supply all global EV production, according to Bloomberg New Energy Finance.

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Global China Batteries Battery 180

Green Car Congress

JULY 4, 2022

As the world contends with a global energy crisis, nuclear power has the potential to play a significant role in helping countries to securely transition to energy systems dominated by renewables, according to a new special report by the IEA. —IEA Executive Director Fatih Birol.

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Russia Emissions Power Powered 458

Green Car Congress

MAY 3, 2021

EnergyX) has secured commitments of $20 million in financing. Rising global demand for electric vehicles and economic energy storage systems has led to projections showing an orders-of-magnitude increase in demand for lithium. In 2020 global supply was roughly 315k tons; this is expected to rise to 5.5M Earlier post.)

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Companies Lithium Ion Energy Storage 2020 448

Green Car Congress

FEBRUARY 4, 2021

Artist rendering of Global Energy Ventures’ fuel cell-powered C-H 2 Ship, to be powered by a Ballard system as it transports compressed green hydrogen. GEV will be responsible for design approvals, development, financing, and operation of C-H 2 Ship, along with integration of the required power system. Earlier post.).

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Hydrogen Global Mariner Fuel 243

Green Car Congress

JUNE 20, 2023

Globally, the battery industry needs to invest at least $514 billion across the whole supply chain to meet expected demand in 2030, and $920 billion by 2035, according to a new analysis by Benchmark. Global investment in technologies to help the energy transition reached a record $1.3 trillion in 2022, IRENA said. Closing this 2.7

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Industrial Industry Global Lithium Ion 243

Green Car Congress

OCTOBER 13, 2022

An estimated 387GW/1,143GWh of new energy storage capacity will be added globally from 2022 to 2030, according to the forecast—more than Japan’s entire power generation capacity in 2020. The US and China are set to remain the two largest markets, representing more than half of global storage installations by the end of the decade.

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Energy Storage Global Market Energy 259

Green Car Congress

NOVEMBER 27, 2021

The company now expects to have sufficient funding to complete a feasibility study on the Trelavour Project which the company would use to obtain the necessary debt and equity finance to enable project construction.

Financing 419

Financing Water Li-ion Lithium Ion 419

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.

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Hydrogen Emissions Financing USA 370

Teslarati

AUGUST 2, 2024

Tesla has started promoting a 1.99% APR financing offer for the Model 3 and Model Y in the United States. As could be seen in the Model 3’s order page , the 1.99% APR financing offer is available for the Model 3 Long Range Rear Wheel Drive (RWD), Model 3 Long Range All Wheel Drive (AWD), and the Model 3 Performance.

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Financing Tesla North America America 135

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 20, 2021

PACCAR and Aurora have signed a global, strategic agreement to develop, test and commercialize autonomous Peterbilt and Kenworth trucks. In the strategic partnership, PACCAR provides autonomous-enabled vehicles as well as aftermarket parts distribution, finance and other transportation solutions.

Peterbilt 397

Peterbilt Kenworth Commercial North America 397

Green Car Congress

MAY 26, 2023

Facilitating a Transition to Zero Emission Vehicles in the Global South ” examines the status of zero-emission vehicle (ZEV) uptake across the world and considers how to accelerate the transition. Despite these developments, the global distribution of ZEVs remains deeply uneven, the report says.

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Davis Global The Fia Foundation Africa 210

Green Car Congress

JUNE 2, 2022

Sales of internal combustion engine vehicles already peaked in 2017 and BNEF expects the global fleet of ICE passenger vehicles to start to decline in 2024. Electric vehicles are a powerful tool in reducing global CO2 emissions from the transport sector. Last ICE in 2038.

Transportation 473

Transportation Emissions Economy Fleet 473

Green Car Congress

AUGUST 3, 2022

million barrels per day (MMb/d) of global refinery capacity once fully operational. In the International Energy Agency’s (IEA) June 2022 Oil Market Report, the IEA expects net global refining capacity to expand by 1.0 The scheduled expansions follow a period of reduced global refining capacity. million b/d in 2023.

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Asia Saudi Arabia Kuwait Oman 418

Green Car Congress

MAY 31, 2021

The report uses the global standard developed by the International Union for the Conservation of Nature (IUCN) for nature-based solutions. —“State of Finance for Nature”. The report calls for coupling investments in restoration action with financing conservation measures. A total investment of $8.1

Financing 296

Financing Climate Stimulus Climate Change 296

Green Car Congress

NOVEMBER 28, 2021

The funding is led by the venture arm of MANN+HUMMEL (a global market leader in filtration and separations), Energy Revolution Ventures from the UK, Volta.VC Hydrogen production is also a major emitter of CO 2 , generating approximately 1000 million tons or more than 2% of global O 2 emissions. Source: DiviGas.

Commercial 418

Commercial Hydrogen New York Polymer 418

Green Car Congress

NOVEMBER 26, 2019

The findings suggest that developing nations are moving toward cleaner power but not nearly fast enough to limit global CO 2 emissions. Of the total $133 billion in asset finance that flowed to supporting development of new clean energy projects in the markets in developing nations, just $24.4

Coal 243

Coal Clean Cleaning Financing 243

Green Car Congress

FEBRUARY 18, 2021

We combine a best-in-class fuel cell solution with a long history of being a trusted engineering partner to leading companies in the global maritime industry. Financing alternatives are being evaluated. The trend towards reduced maritime emissions is accelerated by upcoming global emission legislations.

Norway 468

Norway Hydrogen Fuel Building 468

Green Car Congress

SEPTEMBER 10, 2020

According to GlobalData, more than 160GW of fresh nuclear capacity will be added globally between 2020-2030 out of which about 66% of this capacity addition is anticipated to take place in China, India and Russia. As per GlobalData estimates, a sizeable capacity of 210GW of major nuclear power projects are there in the pipeline globally.

China 334

China Russia Taiwan India 334

Green Car Congress

JULY 4, 2023

Decarbonizing current and developing new end-uses, it can abate up to 85 GtCO 2 eq in cumulative emissions by 2050, more than twice global CO 2 emissions in 2021. This research shows that clean hydrogen can deliver up to 85 gigatons in reductions to cumulative CO 2 emissions by 2050, more than twice global CO 2 emissions in 2021.

Clean 429

Clean Cleaning Hydrogen Market 429

Green Car Congress

FEBRUARY 3, 2021

China supplied roughly 85% of global total refined rare earth production in 2020, though for Dy alone, this increases to around 95% of global production. In 2020, Chinese mine production of rare earths is expected to reach 110kt, falling back from 2019, though continuing to represent >55% of global mine output.

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2020 Chinese Supplies 2019 418

Green Car Congress

DECEMBER 11, 2022

By financing certified environmental projects, fuel producers do more to improve the environmental impact of the remaining fossil components in R33 fuels. The aim is to further reduce the global greenhouse gas effect and the use of such fuels is a step towards Audi’s goal of carbon neutrality at its production sites by 2025.

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Gasoline Germany Audi Diesel 492

Green Car Congress

OCTOBER 6, 2021

DFDS has chosen a financing solution provided by Volvo Financial Services. Our target for 2030 is that half of our global truck deliveries will be electric. With a top-up charging session during lunch the distance can be extended. The electrification trend in the heavy truck market is accelerating.

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Volvo North America Electrical Electric 435