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. The finished product generated by the RES Polyflow process is a light, sweet liquid known as pygas.

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Waste Financing Commercial Indiana 268

Teslarati

MARCH 28, 2024

Ford is cutting its F-150 Lightning production workforce by two-thirds as the company continues to try and ramp manufacturing of electric vehicles and work toward profitability. This amounts to 700 production employees. The post Ford cutting F-150 Lightning production workforce by two-thirds appeared first on TESLARATI.

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F-150 Ford Production Louisville 130

Green Car Congress

MARCH 11, 2021

TECO 2030 ASA plans to establish Norway’s first large-scale production of hydrogen-based fuel cells in Narvik in Northern Norway. Work on the site is planned to start in 2021, and the first production is expected next year. TECO 2030 ASA is evaluating various financing alternatives for the new giga factory. Earlier post.).

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Norway Hydrogen Fuel Production 243

Green Car Congress

JULY 10, 2012

GE Capital’s Commercial Distribution Finance (CDF) business has agreed to provide Brammo Inc. with inventory financing to support the expansion of its dealer network in the US. The Ashland, OR-based manufacturer designs and develops electric motorcycles. —Craig Bramscher, founder and CEO of Brammo.

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Electric Motorcycles Financing Motorcycles North America 230

Green Car Congress

NOVEMBER 21, 2014

DOE plans ( DE-FOA-0001236 ) to issue in the February 2015 timeframe a funding opportunity (DE-FOA-0001237) to develop and to implement effective purchasing/procurement processes designed to coordinate and consolidate bulk alternative fuel vehicle and advanced vehicle orders and thus reduce the per-unit prices of commercially-available vehicles.

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Purchase Alternative Fuels Fuel Financing 199

Green Car Congress

AUGUST 3, 2014

which designs, manufactures, operates and services carbonate fuel cell power plants, announced a broadening and deepening of its existing relationship with NRG Energy including a $35.0-million The terms of the equity transaction include a warrant giving NRG the right to purchase an additional 2.0 FuelCell Energy, Inc., thereafter.

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Financing Energy Companies Carbon 244

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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Solar Colorado North America Portland 396

Green Car Congress

FEBRUARY 4, 2021

START will help customers meet the demand from consumers for transparency on where and how the products they purchase are made. 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.

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Purchase Financing 2018 2016 365

Electric Vehicles India

DECEMBER 6, 2021

Niti Aayog gives proposal to RBI for electric vehicles purchase loans . For the faster adoption of electric vehicles in the country, the Reserve Bank of India is considering a proposal from the government’s policy think tank Niti Aayog to categorise loans to purchase electric vehicles under the priority sector lending (PSL) segment.

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Purchase Electric Vehicles Vehicles Financing 75

Teslarati

MAY 18, 2022

Lucid Group announced today that it has signed a contract with several Saudi Arabian government agencies that locks in plans for a production facility with an annual capacity of 155,000 units. In late February, Lucid said that it would build its first international production facility in Saudi Arabia. Lucid Group will receive up to $3.4

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Saudi Arabia Manufacturer Financing Climate Change 98

EV Life

AUGUST 4, 2023

We’ll also explore the best ways to save money on the purchase of a Bolt EUV by taking advantage of available EV incentives with an EV Climate Loan through EV Life. Chevrolet initially announced in April that it would not be continuing production on the Bolt EV and Bolt EUV after 2023. Clean Vehicle Rebate Project (CVRP).

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Chevrolet Financing Electric Vehicles Tax Credit 52

EV Life

AUGUST 24, 2023

American EV manufacturer Rivian Automotive initially unveiled a prototype of its futuristic all-electric SUV—the R1S—at the Los Angeles Auto Show in November 2018. This article will explore the Rivian R1S, examining its available models and premium features and showcasing how financing the R1S through EV Life can save you both time and money.

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Financing Electric Vehicles Tax Credit Vehicles 52

Green Car Congress

MARCH 8, 2021

are launching a new rare earth production initiative spanning European and North American critical material supply chains. The initiative will produce value-added rare earth products from natural monazite sands, a byproduct of heavy mineral sands mined in the southeastern United States. Neo Performance Materials and Energy Fuels Inc.

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Energy Fuel Production Estonia 186

Green Car Congress

MARCH 4, 2022

The Group expects to cut development time by about a quarter, increase the speed of new software releases and also significantly accelerate manufacturing processes in production. If the car is increasingly becoming an electrically driven software product, then its development must also evolve in all dimensions.

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Production Future Connect Connected 195

Green Car Congress

AUGUST 23, 2023

The deal will finance the delivery of H2X Global’s US$300 million in purchase agreements for vehicles that include the Warrego (utility vehicle), Paroo (garbage/deliver/concrete trucks), and Swan (passenger bus). to fastrack H2X’s delivery of 800 hydrogen-powered vehicles.

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Global North America Hydrogen Fuel 195

Green Car Congress

DECEMBER 14, 2017

the developer of a plug-in electric pickup truck ( earlier post ), has applied for a $250-million loan from the Department of Energy’s (DOE) Advanced Technology Vehicles Manufacturing ( ATVM ) Loan Program. Workhorse CEO and President Stephen Burns said that the company has received letters of intent to purchase more than 5,000 W-15s.

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Teslarati

FEBRUARY 6, 2023

Like many other EV startups, Canoo has consistently faced issues with financing. ” Currently, Canoo is establishing two manufacturing facilities in Oklahoma. The first plant, located in Oklahoma City , is scheduled to begin production this year and is aiming for a run rate of 20,000 vehicles annually.

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Production Oklahoma Sale Oklahoma City 98

Green Car Congress

JANUARY 31, 2022

LGES is the second largest battery maker in the world with over 20% market share1 and supplies its products to leading global Original Equipment Manufacturers (OEMs). LGES is currently manufacturing lithium-ion batteries in Poland, US, China, and South Korea, and is looking at expanding its production capacity.

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Energy South Korea Poland Lithium Ion 150

Green Car Congress

JUNE 30, 2022

FREYR’s Board of Directors has sanctioned construction of Giga Arctic (combined Gigafactories 1 & 2), the company’s first battery manufacturing facility under development in Mo i Rana, Norway. Groundworks at the site are well advanced and the company has recently started casting foundation structures.

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Norway Batteries Battery Financing 150

Green Car Congress

JANUARY 14, 2023

If finalized, LPO’s loan to the Rhyolite Ridge project would finance the on-site processing of lithium carbonate that could potentially support production of lithium for approximately 370,000 EVs each year. Earlier post.).

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Nevada Manufacturer Corporation Carbon 199

Green Car Congress

APRIL 5, 2023

Group14 Technologies, a global manufacturer and supplier of advanced silicon battery technology, has begun construction of a second commercial-scale US Battery Active Materials (BAM-2) factory in Moses Lake, WA, in support of domestic efforts to advance the electric vehicle (EV) market.

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Commercial Batteries Battery Porsche 199

Baua Electric

MAY 29, 2023

On Would possibly 30, native media reported that Hengchi Automotive resumed manufacturing of its best style – the electrical SUV Hengchi 5 within the Tianjin manufacturing unit. Hengchi 5 manufacturing used to be suspended extreme hour on April 25. Tianjin plant in complete swing. The 5 is Hengchi’s best heavily produced style.

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Manufacturer Automobile Automobile Industry Corporation 52

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. —Hau Thai-Tang, Ford’s chief product platform and operations officer. This 200,000 sq.-ft.

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Ford Global F-150 Batteries 334

Teslarati

OCTOBER 7, 2021

The production and impending deliveries of the Rivian R1T may be catching most of the electric vehicle community’s attention these days, but it appears that the truck maker may actually have a different priority in the near term. In comparison, R1T production is anticipated to run “at a trickle,” at least in the near term.

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Production F-150 New Jersey Purchase 137

Green Car Congress

DECEMBER 24, 2021

Australia-based Syrah Resources Limited signed a binding offtake agreement with Tesla to supply natural graphite Active Anode Material (AAM) from its vertically integrated AAM production facility in Vidalia, Louisiana. The product mix includes jumbo, large and medium flake for industrial applications and fines.

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Mozambique Louisiana Tesla Financing 221

Green Car Congress

NOVEMBER 12, 2022

FREYR Battery announced the selection and purchase of a site in Coweta County, Georgia for its planned Giga America battery plant. The SemiSolid platform enables capital and energy efficient production of lithium-ion batteries at scale. FREYR is planning to initiate detailed project engineering of Giga America in the coming months.

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Georgia Batteries Battery Tax Credit 150

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.

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France Purchase Electric Electrical 411

Green Car Congress

JULY 25, 2023

The parties have entered into a securities purchase agreement and expect to close on the investment on or about 4 August 2023. We believe our recently announced public equity raise, alongside our strategic financing and proposed partnership with Yulho, signifies a transformative moment for Aqua Metals.

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South Korea Batteries Battery Li-ion 150

Green Car Congress

JUNE 10, 2022

Battery materials company Nano One and Rio Tinto have agreed to enter into a strategic partnership, with Rio Tinto providing iron and lithium products, collaboration and a US$10-million investment into Nano One. Each Warrant shall entitle Rio Tinto to purchase one Share at an exercise price of C$4.00

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Lithium Ion Canada Batteries Battery 199

Green Car Congress

NOVEMBER 24, 2009

Koenigsegg Group AB has terminated the agreement for its proposed purchase of GM’s Saab. We’re obviously very disappointed with the decision to pull out of the Saab purchase. GM and Koenigsegg had signed a stock purchase agreement regarding the sale of 100% of the shares of Saab Automobile AB in August.

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Purchase GM Automobile Financing 199

Green Car Congress

APRIL 21, 2022

Based in China, Tsingshan operates the world’s largest nickel syndicate—including nickel ore mining, nickel refining, purification, ferronickel production, crude steel production, logistics, port management, trading and transportation. This surge occurred mostly in China, driven by steel manufacturing.

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China Energy Indonesia Power Grid 416

Green Car Congress

DECEMBER 17, 2020

In addition, Lightning eMotors is the only electric van manufacturer that supports wheelchair lifts, custom floor rails, and custom bus doors. Lightning eMotors says that its products are complementary to Ford’s announced 2022 E-Transit, which will be a battery-electric Class 2 cargo/cab/chassis van with an estimated 126 miles of range.

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Batteries Battery Fuel Electric 448

Green Car Congress

NOVEMBER 17, 2022

billion financing transaction in exchange for a silicon carbide device capacity corridor. Under the multi-year agreement between BorgWarner and Wolfspeed, BorgWarner will be entitled to purchase up to $650 million of devices annually as BorgWarner requirements increase.

North Carolina 186

North Carolina Purchase Financing Grant 186

Teslarati

NOVEMBER 1, 2021

Tesla China has announced a new “Financial Leasing” plan for more affordability as it offers the option of 0% down to purchase a vehicle, as well as several other financing options. Widespread EV adoption is already occurring in China, and Tesla is among the most popular manufacturers in the market.

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China Buy Tesla Financing 145

The Truth About Cars

FEBRUARY 22, 2024

The United States Department of Energy has confirmed plans to loan $544 million to South Korean tech conglomerate SK Group under the conditions it be used to expand semiconductor production in the Midwest. capability to manufacture everything from automobiles to military hardware. The other is a $165.9 The company is targeting 4.2

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Michigan United States Financing Taiwan 105

Green Car Congress

SEPTEMBER 24, 2022

GM Ventures, the automaker’s investment arm, has made a strategic investment in Lithion Recycling’s Series A financing round, supporting a new GM-Lithion strategic partnership agreement to pursue a circular battery ecosystem using Lithion’s advanced battery recycling technology.

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GM Companies Batteries Battery 218

Green Car Congress

NOVEMBER 4, 2015

Tesla exceeded its production plan by producing 13,091 vehicles, including the first Model X vehicles, despite a one-week shut down to expand manufacturing capacity. Model S production and deliveries are on track to achieve our initial Q4 plan. Tesla began production of Tesla Energy products in Q3 at the Fremont plant.

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Production Tesla North America South Africa 150