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Pace purchases 20 Proterra ZX5 electric buses and EV fleet charging infrastructure

Green Car Congress

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. Proterra and Pace Suburban Bus has awarded Proterra a $26.5-million Proterra 40' ZX5 Max.

Fleet 448
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Enerkem raises C$15M in project equity financing for its commercial waste-to-biofuels facility in Alberta

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which is currently building a full-scale commercial facility in Edmonton, using Enerkem’s proprietary technology. Total financing raised by Enerkem in 2011, both at the corporate and project subsidiary levels, now amounts to C$103 million. Waste Management and EB Investments are investing C$15 million (US$14.6 Earlier post.)

Financing 218
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Report Finds That Urgent Changes in Transport Financing Required to Enable More Sustainable Transportation Globally

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While notable exceptions exist, the report says, the financing framework is often skewed towards supporting the motorization model: Domestic public finance is mainly used to build and maintain infrastructure to cater to increasing levels of motorized traffic.

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Van Hool to build 40 hydrogen buses for Cologne and Wuppertal (Germany); largest fuel cell bus order in Europe to date

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Van Hool has been building hydrogen buses for the American market since 2005 and for the European market since 2007. By now, Van Hool has produced 53 hydrogen buses for North America (21) and Europe (32). The eight hydrogen-powered tram-buses Van Hool is manufacturing for Pau (France) should be added to this total.

Hydrogen 284
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Daimler to split into two pure-play companies: cars & vans, trucks & buses

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As part of a more focused corporate structure, both Mercedes-Benz and Daimler Truck will also be supported by dedicated captive financial and mobility service entities, driving sales with tailor-made financing, leasing and mobility solutions, increasing retention and building customer loyalty.

Companies 497
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Proterra and Miami-Dade County announce major EV technology project for fleet electrification; 42 more electric buses, 75 chargers

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At nine megawatts of power, the project is also one of the largest fleet charging installations in North America. This announcement brings the County’s total to 75 electric transit buses from Proterra, one of the largest fleets of 40-foot electric transit buses in the United States.

Miami 284
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Ford, Ford Credit introduce sustainable financing framework prioritizing EV, clean production, community investments

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Ford Motor Company and its financing subsidiary, Ford Motor Credit Company, introduced the North America auto industry’s first sustainable financing framework, focusing on and paying for ambitious plans in vehicle electrification and other environmental and social areas. Vigeo Eiris, an arm of Moody’s Corp.,

Financing 170