Green Car Congress

AUGUST 2, 2022

Nissan Motor is launching a sustainable finance framework to help fund its next-generation electrified vehicles, batteries, environmental technologies, and new mobility services. The Nissan Sustainable Finance Framework will enable Nissan to raise funds needed to further enhance its sustainability efforts.

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Financing Nissan Electric Vehicles Re-Charge 199

Green Car Congress

APRIL 12, 2019

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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Waste Financing Commercial Indiana 268

Green Car Congress

NOVEMBER 25, 2019

Group14 Technologies announced $18 million in new financing from Amperex Technologies Limited (ATL), Showa Denko (SDK), Cabot Corporation, BASF Venture Capital, and OVP Venture Partners. The new funds will be used to scale-up manufacturing of a next-generation silicon-carbon composite anode material and advance into commercial production.

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Financing Carbon Li-ion Lithium Ion 243

Green Car Congress

MAY 18, 2020

These projects concern, in particular, the traceability of financial transactions and communication with equipment manufacturers and the sales network. 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.

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Financing Maintenance Manufacturer 2015 476

Green Car Congress

SEPTEMBER 22, 2022

The company has also received additional grant financing from the National Science Foundation, the US Department of Energy, and others. Improvements to the manufacturing of CAM are critical to meeting the long-term demand for batteries and exceeding EV automakers’ cost reduction targets. SVX recently closed a Series A funding of $8.4

Li-ion 259

Li-ion Manufacturer Lithium Ion Batteries 259

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

AUGUST 21, 2020

Premium EV manufacturer NIO has launched Battery as a Service (BaaS) for customers in China. With the battery price not included in the vehicle sales price, nor in the finance payments, the costs are significantly lower to switch to an EV.

China 508

China Batteries Battery Financing 508

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).

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Hydrogen Fuel Motor Motors 459

Green Car Congress

APRIL 15, 2022

PEM electrolyzer company Ohmium International closed a $45-million Series B financing round. The funds will support Ohmium’s rapid growth plan to quadruple hydrogen manufacturing capacity from 500 MW annually to approximately two GW annually by the end of 2022. We can no longer tie our economies to unreliable fossil fuels.

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Manufacturer Companies India Hydrogen 225

Green Car Congress

JULY 18, 2022

There was also a strong interest in financing options: Of the respondents interested in electric cars, 66% of the German and 65% of the American study participants stated that they would purchase the vehicle via a financial product (financing, leasing or car subscription). This is followed by subscription (32%) and leasing (26%).

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Financing Germany Purchase Cars 186

Green Car Congress

JUNE 11, 2021

billion private placement to finance further battery cell production capacity and R&D efforts in order to meet the increasing demand of customers engaged in the transition to decarbonized, electric solutions. Northvolt announced the signing of a $2.75-billion Goldman Sachs Bank Europe SE and Morgan Stanley & Co.

Manufacturer 243

Manufacturer Batteries Battery Sweden 243

Green Car Congress

NOVEMBER 15, 2022

11/14/2022 The selection of the site for its manufacturing facility represents a key next step as Archer works towards its goal of being first in the industry to bring up a high-capacity production facility. The planned eVTOL aircraft manufacturing facility is expected to create more than 1,000 jobs over the long term.

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Georgia Manufacturer Financing Grant 199

Green Car Congress

APRIL 13, 2021

The financing will support the development of a commercial-scale processing facility with the annual capacity to process 10,000 tons of batteries—the batteries from approximately 20,000 electric vehicles (EVs) a year.

Li-ion 210

Li-ion Lithium Ion Manufacturer Batteries 210

Green Car Congress

APRIL 6, 2022

Designed and manufactured in the United States, Proterra’s electric transit buses are equipped with the company’s own battery technology systems. Pace is the transportation backbone of Chicago’s suburbs and one of the largest public bus service operators in North America, serving an area nearly the size of the state of Connecticut.

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Fleet Purchase North America Energy Storage 448

Green Car Congress

JANUARY 21, 2022

LAND , a startup electric vehicle manufacturer headquartered in Cleveland, began US production on 120 units of the District E Moto this month. All E Motos are manufactured and shipped from LAND’s headquarters in Cleveland. The District is on sale now, starting at $7020 after a 10% EV tax credit, with financing available.

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Motorcycles Cleveland Production Tax Credit 435

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. The French pipe manufacturer Vallourec SA wants to give up its 20% stake in HKM and withdraw from Germany.

Financing 221

Financing Climate Conversion Production 221

Green Car Congress

NOVEMBER 10, 2020

Inventory financing will be provided by Hitachi Capital America as part of Workhorse’s previously announced strategic partnership with HCA. Although we will still manufacture and deliver vehicles in Q4, it will be a substantially lower amount than our previous guidance. Workhorse Group Inc. —Workhorse CEO Duane Hughes.

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Purchase Companies Financing Electric 418

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. PACCAR also designs and manufactures advanced powertrains, provides financial services and information technology, and distributes truck parts related to its principal business.

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Peterbilt Kenworth Commercial North America 397

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.

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Batteries Battery Production Zambia 545

Green Car Congress

JANUARY 31, 2023

2 US EV manufacturer as it continues to scale that part of the business. MSRP excludes destination/delivery fee plus government fees and taxes, any finance charges, any dealer processing charge, any electronic filing charge, and any emission testing charge. The Mustang Mach-E was the No.

Ford 434

Ford Price Production SUV 434

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. The EIB recently reaffirmed its commitment to financing projects across the entire value chain.

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Poland Lithium Ion Batteries Battery 243

Green Car Congress

JULY 25, 2021

The financing was led by Amazon’s Climate Pledge Fund, D1 Capital Partners, Ford Motor Company and funds and accounts advised by T. The financing was led by funds and accounts advised by T. Vehicles will be produced at Rivian’s manufacturing plant in Normal, Ill., EV developer Rivian has closed a $2.5-billion

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2019 Financing Ford Price 334

Green Car Congress

JULY 30, 2021

million in new financing. Niron is developing the first advanced manufacturing process for the mass production of the FeN permanent magnets. Niron Magnetics , a company developing high-performance rare-earth-free iron-nitride (FeN) permanent magnets, has raised $21.3

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Minnesota Commercial Cleaning Clean 482

Green Car Congress

JULY 18, 2021

The financing round will enable the company to scale from the batch processing of materials to commercial roll-to-roll production. In addition to having an extremely low carbon footprint, MIRUM requires no water during manufacturing and dyeing. BMW i Ventures has invested in Natural Fiber Welding , Inc.

BMW 435

BMW Polymer Illinois Carbon 435

Green Car Congress

OCTOBER 13, 2021

Norway-based FREYR Battery has formed a 50:50 joint venture in the United States with Koch Strategic Platforms (KSP) to develop an initial 50 GWh of Gigafactory-scale battery cell manufacturing capacity in the US based on 24M Technologies (24M) SemiSolid platform technology ( earlier post ).

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Lithium Ion Norway Convert Financing 305

Green Car Congress

MARCH 7, 2023

T&E used publicly available information to assess the 50 gigafactories announced in Europe based on their finance and permits, whether they had secured a location, and the companies’ links to the US. EU battery manufacturing is caught in the crossfire between America and China. Europe must act or risk losing it all.

Companies 430

Companies Batteries Battery Production 430

Green Car Congress

JANUARY 11, 2021

VanadiumCorp will contribute new flow-battery designs, a high-energy-density electrolyte formulation, manage research and development, and provide its network of manufacturing partners. VEGA will arrange project financing, contribute fleet operations expertise, and conduct field testing of the marine battery prototype.

Mariner 428

Mariner Batteries Battery Netherlands 428

Green Car Congress

FEBRUARY 22, 2023

On the other hand, venture finance deal values also grew from $595.23 This is mainly being produced by manufacturing companies such as Hydrogenics, Nel ASA, ThyssenKrupp, ITM Power, HydrogenPro, Enapter and Plug Power. Last year, mergers and acquisitions (M&A) deals reached $24.4 million to over $3,001.1 In 2022, more than 111.9

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Hydrogen Economy Global Egypt 473

Green Car Congress

APRIL 10, 2021

Syzygy Plasmonics, a technology company developing a high-performance photocatalyst for the industrial gas, chemical and energy industries, announced a $23-million Series B financing led by Horizons Ventures with participation from new global investors including Equinor Ventures. Earlier post.). of global greenhouse gas (GHG) emissions.

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Hydrogen Manufacturer Production Universal 221

Green Car Congress

JUNE 10, 2023

The US Department of Energy’s (DOE) Loan Programs Office (LPO) announced a conditional commitment for an $850-million loan to help finance the construction of KORE Power ’s advanced battery cell manufacturing facility in Buckeye, Arizona. million gallons of gasoline per year.

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Arizona Batteries Battery Power 300

Green Car Congress

OCTOBER 14, 2021

EVRAZ Rocky Mountain Steel is the largest producer of rail in North America, manufacturing more than 580,000 tons of rail annually. The facility also manufactures seamless pipe for the energy sector, as well as wire rod and coiled reinforcing bar for construction, automotive and specialty industries.

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Colorado Solar North America Portland 396

Green Car Congress

MAY 10, 2022

Transit Custom will be supported by Ford Pro software, charging, service and financing solutions via one comprehensive platform to help increase uptime and reduce operating costs. E-Transit Custom is intended to deliver a targeted driving range of up to 380 km, DC fast-charging, and full towing capability. Ford, SK On Co., Earlier post.).

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Ford Turkey Electric Electrical 419

Green Car Congress

OCTOBER 20, 2022

billion to 21 projects to expand domestic manufacturing of batteries for electric vehicles (EVs) and the electrical grid and for materials and components currently imported from other countries. This US-owned and operated manufacturing plant in northern Alabama will be the first of its size in North America. Earlier post.) Of that, $1.6

Parts 459

Parts Batteries Battery Lithium Ion 459

Green Car Congress

MARCH 9, 2021

a designer and manufacturer of light-duty, short-haul, and last-mile delivery electric vehicles (EVs), has launched the Electric Vaccine Vehicle (EVV). the world’s largest pure-play automotive fleet manager, will offer sales, financing solutions and vehicle management services throughout the vehicle lifecycle to EVV fleet operators.

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Vehicles Legal Electric Electrical 502

Green Car Congress

NOVEMBER 23, 2022

Niron will use this financing to advance the commercial partnerships and pilot production of its rare earth-free Clean Earth Magnet, further demonstrating its potential to replace rare earth permanent magnets. million grant as part of its Seeding Critical Advances for Leading Energy technologies with Untapped Potential (SCALEUP) program.

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Grant Production Wind Cleaning 345

Green Car Congress

APRIL 9, 2020

This service can also provide debt financing or secure grant funding to reduce capital expenditures and implement resiliency plans as needed. This project illustrates how the AMPLY offering is agnostic to a variety of buses and chargers regardless of manufacturer.

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Energy Power Powered New York City 481

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. The result is a new level of performance due to its extra resistant properties (extreme acidic resistance with up to 150 ºC versus 50 ºC from other membranes). Source: DiviGas.

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Commercial Hydrogen New York Polymer 418