Green Car Congress

FEBRUARY 7, 2023

MagREEsource, a 2020 spin-off of the CNRS-Institut Néel that is commercializing processes for recycling rare-earth magnets and then remanufacturing new magnets from the recycled powders, has secured €5 million in financing and has opened its first pilot facility in Grenoble, with a capacity of 50 tons by 2023.

Financing 243

Financing Hydrogen Manufacturer Wind 243

Green Car Congress

OCTOBER 25, 2022

The Asian Development Bank (ADB) mobilized a $135-million climate financing package for VinFast Trading and Production Joint Stock Company (VinFast) for manufacturing Vietnam’s first fully-electric public transport bus fleet and first national electric vehicle (EV) charging network.

Vietnam 195

Vietnam Financing Climate Fleet 195

Green Car Congress

MAY 12, 2022

NFI Industries—a leading third-party supply chain solutions provider—is increasing its investment in electromobility solutions with its latest order of 60 Volvo VNR Electric trucks. Twenty of the trucks will be deployed as part of the Joint Electric Truck Scaling Initiative, or JETSI project. emission heavy?

Volvo 273

Volvo Industry Industrial Los Angeles 273

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.

Hydrogen 397

Hydrogen Universal Commercial Building 397

Green Car Congress

APRIL 7, 2022

With its investment in HIF Global LLC, Porsche is participating in an international financing round alongside the Chilean company Andes Mining & Energy (AME) and the American companies EIG, Baker Hughes Company and Gemstone Investments. These electricity-based synthetic fuels enable nearly-CO 2 -neutral operation of combustion engines.

Porsche 243

Porsche Chile Global Industry 243

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.

Australia 334

Australia Germany Hydrogen Green 334

Green Car Congress

OCTOBER 27, 2020

Representatives from the State of Hesse, RMV (Rhein-Main-Verkehrsverbund), Alstom and Infraserv broke ground for a hydrogen filling station on the site of the Höchst industrial park in Frankfurt that will supply a fleet of 27 passenger fuel cell trains—currently, the world’s largest such.

Hydrogen 418

Hydrogen Austria 2006 Financing 418

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. Energy storage might form a relatively small piece of the overall financing required, but it is a strategically critical piece of the puzzle.

Industry 243

Industry Industrial Global Lithium Ion 243

Green Car Congress

MAY 10, 2022

European Commissioner for Internal Market Thierry Breton and European electrolyzer manufacturers last week met in Brussels to discuss how to increase industry’s capacity to produce electrolyzers used to produce clean hydrogen. Today, industry agreed to a tenfold increase in electrolyzer manufacturing capacities in Europe. Background.

Manufacturer 366

Manufacturer Hydrogen Russia Renewable 366

Green Car Congress

FEBRUARY 24, 2023

Researchers at the Fraunhofer Institute for Microengineering and Microsystems IMM are developing ammonia-based systems for a mobile, decentralized energy supply in the infrastructure, transportation and industry sectors. Several of the research projects were showcased for the first time at the recent Hannover Messe.

Transportation 273

Transportation Industry Industrial Energy 273

Green Car Congress

JUNE 15, 2023

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

Carbon Fuel Financing Hydrogen 418

Green Car Congress

MARCH 13, 2021

From Lingen (Emsland) to Gelsenkirchen and from the Dutch border to Salzgitter, production, transport, storage and industrial acceptance of green hydrogen are to be connected in several steps between 2024 and 2030 under the umbrella of the overall project. The current focus is on the amendment of the Energy Industry Act (EnWG).

Hydrogen 435

Hydrogen Green Europe Gas-Electric 435

Green Car Congress

MAY 18, 2020

Groupe Renault also consider blockchain as a vector for the transformation of the automotive industry. First appearing in finance, while respecting the ownership of the data items, it allowed real-time networked transactions that are secure since there is no risk of falsification.

Financing 476

Financing Maintenance Manufacturer 2015 476

Green Car Congress

JANUARY 21, 2023

The feedstock pellets from the pre-treatment plant will then be converted into hydrogen in a second RWE plant which the company is to build at the Chemelot industrial park in Limburg. The CO 2 released during the hydrogen production is captured and can be stored or possibly used as a raw material by industry in the future.

Waste 448

Waste Hydrogen Grant Netherlands 448

Green Car Congress

AUGUST 24, 2021

Since 2017, Proton Motor Fuel Cell GmbH has been working with Aumann AG as part of the larger EU program “ Fit-4-AMandA ” (Fit for Automatic Manufacturing and Assembly) on hydrogen fuel cell stack production with financing from the agency FCH JU (Fuel Cells and Hydrogen Joint Undertaking).

Hydrogen 459

Hydrogen Fuel Motoring Motor 459

Green Car Congress

DECEMBER 12, 2022

IG Metall, Germany’s largest union as well as Europe’s largest industrial union, warns that at Hüttenwerke Krupp Mannesmann (HKM), the switch to climate-neutral steel production is may fail due to the lack of financing. This would be the end of the plant, IG Metall said. With a current production volume of 4.2

Financing 221

Financing Climate Conversion Production 221

Green Car Congress

MAY 3, 2021

EnergyX) has secured commitments of $20 million in financing. EnergyX, along with its new partners and strategic investors including Obsidian Acquisition Partners, Helios Capital, and the University of Texas, hope to build a strong platform that binds together industry, academia, and natural resource management.

Companies 448

Companies Lithium Ion Energy Storage 2020 448

Green Car Congress

FEBRUARY 18, 2021

This will be the first volume production of fuel cells in Norway and a hub for the Norwegian hydrogen industry. 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.

Norway 468

Norway Hydrogen Fuel Building 468

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. Meritor is an industry leader in axle and brake technology. Under the terms of the agreement, Cummins will pay $36.50

Climate Change 429

Climate Change Commercial Financing Global 429

Green Car Congress

JULY 4, 2020

However, for various reasons (including limited infrastructure, financing and a lack of appropriate policies), refining takes place in other countries, mainly Belgium, China, Finland, Norway and Zambia, which reap the economic benefit. UNCTAD also recommends that the industry find ways to reduce its dependence on critical raw materials.

Batteries 545

Batteries Battery Production Zambia 545

Green Car Congress

MAY 4, 2020

The A$300 million (US$193 million) Advancing Hydrogen Fund will be administered by the Clean Energy Finance Corporation (CEFC). Hydrogen has the potential to make a substantial contribution to our clean energy transition, reducing emissions across the economy while underpinning the development of an important domestic and export industry.

Hydrogen 286

Hydrogen Financing Australia Renewable 286

Green Car Congress

JANUARY 29, 2021

The Electrification Coalition has introduced its EV Policy Showroom, offering policymakers, EV advocates, industry partners and other stakeholders online access to easily navigable data and policy information on the deployment and adoption of electric vehicles and charging infrastructure.

Financing 448

Financing Legal Fleet Insight 448

Green Car Congress

FEBRUARY 22, 2023

Hydrogen development, given its application across various industries, is indispensable to attaining energy transition, meeting decarbonization goals, and positioning leading companies as market experts. On the other hand, venture finance deal values also grew from $595.23 Last year, mergers and acquisitions (M&A) deals reached $24.4

Hydrogen 473

Hydrogen Economy Global Egypt 473

Green Car Congress

DECEMBER 1, 2019

Northvolt’s mission is to enable the future of energy by developing battery products across multiple industries. The Rocklunda project is supported by financing from the Swedish Energy Agency (Energimyndigheten). —Emad Zand, President Energy Solutions, Northvolt.

Energy Storage 390

Energy Storage Energy Charging Batteries 390

Green Car Congress

NOVEMBER 28, 2021

This financing round will enable the production of Divi-H at an industrial scale, under the first two mass manufacturing lines. These will allow the company to ship its first industrial-scale pilots with select partners and to continue the development of the next product, a CO 2 -purifying membrane. Source: DiviGas.

Commercial 418

Commercial Hydrogen New York Polymer 418

Green Car Congress

JULY 4, 2022

And the nuclear industry must quickly address the issues of cost overruns and project delays that have bedevilled the construction of new plants in advanced economies. Government financing will remain necessary to mobilise new investment, not just for plants but also to develop the latest technologies.

Russia 458

Russia Emissions Power Powered 458

Green Car Congress

FEBRUARY 4, 2021

Daimler Truck supplies industry leading transportation solutions and services to customers. Both companies operate in industries that are facing major technological and structural changes. Mercedes-Benz is the world’s most valuable luxury car brand, offering the most desirable cars to discerning customers.

Companies 497

Companies Mercedes Cars North America 497

The Truth About Cars

APRIL 11, 2025

From CarsDirect : Just as before, Stellantis Financing continues to offer a special financing rate of 1.9% percent] APR financing for 72 months could make the 2025 Dodge Charger Daytona EV a more appealing option to purchase than before. The first one includes 0 [percent] APR financing for 72 months plus $3,000 in bonus cash.

Dodge 97

Dodge Financing Dealers Affordable 97

Green Car Congress

JULY 30, 2021

million in new financing. Tesla and will address a wide range of applications from audio speakers, magnetic sensors and consumer appliances to industrial motors and automotive accessory motors. Niron Magnetics , a company developing high-performance rare-earth-free iron-nitride (FeN) permanent magnets, has raised $21.3

Minnesota 482

Minnesota Commercial Clean Cleaning 482

Green Car Congress

JULY 1, 2023

Nikola is granted the IVECO S-Way technology license for North America and related component supply from Iveco Group, and gains joint ownership of the intellectual property of Generation 1 eAxles, technology developed together with Iveco Group’s powertrain brand, FPT Industrial.

Europe 395

Europe North America Financing America 395

Green Car Congress

JANUARY 21, 2022

Founder and CEO Scott Colosimo was inspired to delve into the EV industry after his success as the founder of Cleveland CycleWerks, a motorcycle design and manufacturing company. The District is on sale now, starting at $7020 after a 10% EV tax credit, with financing available. —Scott Colosimo.

Motorcycles 435

Motorcycles Cleveland Production Tax Credit 435

Green Car Congress

APRIL 1, 2020

Faced with the compelling need for more respirators, the French government asked a group of French industrial companies led by Air Liquide to study the possibility of increasing the production of respirators so as to provide 10,000 respirators in 50 days, between the beginning of April and mid-May.

France 411

France Purchase Supplies Electrical 411

Green Car Congress

NOVEMBER 18, 2020

UK Prime Minister Boris Johnson confirmed that the government will accelerate the ban on the sale of new gasoline and diesel vehicles, bringing it forward by ten years to 2030, as part of a “Green Industrial Revolution.” Johnson announced the plan as part of his outline of a 10-point plan supporting the Green Industrial Revolution.

Gasoline 304

Gasoline Diesel Sale Hybrid 304

Green Car Congress

FEBRUARY 4, 2021

START is a significant step forward for the aluminum industry as the first offering of this kind, setting a new standard on transparency, traceability and responsible production from mine to market. Across its aluminum operations, Rio Tinto’s greenhouse gas emissions intensity is 60% lower than the industry average.

Purchase 365

Purchase Financing 2018 2016 365

Green Car Congress

JANUARY 20, 2021

In the strategic partnership, PACCAR provides autonomous-enabled vehicles as well as aftermarket parts distribution, finance and other transportation solutions. Aurora provides industry-leading self-driving technology, including hardware, software and operational services. Autonomous Peterbilt 579 Test Vehicle with Aurora Driver.

Peterbilt 397

Peterbilt Kenworth Commercial North America 397

Green Car Congress

JUNE 17, 2020

The European Investment Bank (EIB) has signed a €125-million loan with Umicore, the Belgian-based global materials technology and recycling group, to finance part of the greenfield production facility for cathode materials in Poland. Battery production is a rapidly advancing industry. billion of overall project costs.

Poland 243

Poland Lithium Ion Batteries Battery 243

Green Car Congress

MARCH 7, 2022

Inceptio Technology, an autonomous driving truck technology and operation company ( earlier post ), closed a US$188-million Series B+ equity financing. This round of financing was jointly led by Sequoia Capital China and Legend Capital. It is believed that Inceptio Technology will become a pioneer with great influence in the industry.

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Companies Financing China Supplies 259