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Volvo Cars successfully places first green bond, raises €500M

Green Car Congress

Volvo Cars successfully placed its first green bond, raising €500 million from a diverse group of institutional investors and further increasing the company’s financial flexibility. A green bond is a type of fixed-income instrument that is specifically earmarked to raise money for climate and environmental projects.

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UGA study finds black carbon aerosols from GDI engines will worsen public health, climate; need for GPFs

Green Car Congress

The gasoline direct injection (GDI) engine is one of the most prominent technologies car manufacturers adopted to achieve the fuel economy and carbon dioxide emission goals established in 2012 by the US Environmental Protection Agency. A strong absorber of solar radiation, black carbon exhibits significant climate warming properties.

Climate 348
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STEAG and thyssenkrupp planning joint green hydrogen project

Green Car Congress

The STEAG power station in Duisburg-Walsum, the site for the construction of a large-scale green hydrogen generation system. ©euroluftbild.de/Hans They endorse the development of a hydrogen economy and infrastructure in Germany and in Europe. At its core, our climate transformation is based on the use of hydrogen.

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Green Steel Can Cut Climate Impact of Car Production for Just €57 a Vehicle

CleanTechnica EVs

The auto industry can become a lead market for low-carbon steel production in Europe if lawmakers set content requirements. Steel made with green hydrogen and electric arc furnaces, or produced from scrap, can reduce the CO2 emissions of producing cars in Europe by 6.9 Mt in 2030, new analysis shows.

Climate 101
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Polestar announces goal of climate-neutral car by 2030

Green Car Congress

Polestar, the premium electric performance car brand founded by Volvo Cars and Geely Holding, has set a goal of creating the first climate-neutral car by 2030. Questions around the long-term carbon-storage capacity of forests and soils remain, as a forest might be logged, devastated by fire or altered by climate change.

Climate 389
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Using blockchain traceability to build a circular battery economy

Green Car Congress

It’s no secret that we are in the midst of a rampant climate crisis. Electric vehicles are one of the most powerful climate solutions today—but also one of the most under-utilized. In order for Polestar to prove that it has reached carbon neutrality, traceability will be absolutely key.

Economy 330
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thyssenkrupp nucera to supply 700+ MW of electrolyzers to H2 Green Steel for one of the largest integrated green steel plants in Europe

Green Car Congress

thyssenkrupp nucera is partnering with H2 Green Steel in constructing the first large-scale green steel plant in Europe. The green hydrogen will power a new, fully integrated, digitalized and cycle-oriented steel plant in Boden, northern Sweden. This will also create one of the largest water electrolysis plants in Europe.

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