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GreenCell Mobility secures Rs 300 crore in green financing from Sumitomo Mitsui Banking Corporation | Autocar Professional

Baua Electric

GreenCell Mobility has secured Rs 300 crore in green funding from Sumitomo Mitsui Banking Corporation (SMBC), for its Electric Bus project in Uttar Pradesh. According to the terms of the agreement, SMBC has extended a long-term Project Finance facility to GreenCell Mobility for its 350 Electric Buses project in Uttar Pradesh.

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CARB approves $2.6B investment for clean cars, trucks, mobility options

Green Car Congress

billion investment plan to support the transition to zero-emission transportation. Supported projects range from incentives for cleaner trucks and buses, and mobility options such as bike- and car-sharing, to consumer rebates for clean cars. 381 million for clean transportation equity projects.

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California to receive more than $236M to support transit agencies’ transition to zero-emission buses

Green Car Congress

announced that 17 local governments and transit agencies will receive more than $236 million in grants from the Department of Transportation (DOT) to aid the transition to zero-emission buses. Santa Clara Valley Transportation Authority (VTA). Napa Valley Transportation Authority. Cleaner Transportation in the Coachella Valley.

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CARB approves $1.5B investment in clean cars, trucks, mobility options for FY 2021-22

Green Car Congress

The plan is by far the largest annual investment in clean transportation incentives to date—more than double the amount of the largest past investment. Supported projects range from consumer rebates for clean cars to incentives for cleaner trucks, and mobility options. Over half of the $1.5

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Direct lithium extraction company EnergyX secures $20M in funding commitments

Green Car Congress

(EnergyX) has secured commitments of $20 million in financing. In 2020, EnergyX announced a pilot partnership with Orocobre Limited ( earlier post ) to deliver high-quality and comprehensive solutions that will lead to a cleaner, more efficient lithium extraction. Earlier post.) tons by 2040. tons by 2040.

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How Eco-Friendly Transportation Boosts Business Success

Clean Fleet Report

Doing Well by Doing Good Sustainability and eco-friendly decisions are leading trends in the transportation industry today, and for good reason. According to the Environmental Protection Agenc y (EPA), the transportation industry is responsible for 29% of all greenhouse gas emissions in 2023.

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CARB approves $483M funding plan for clean transportation investments; 94% of funding from cap-and-trade

Green Car Congress

The California Air Resources Board approved a $483 million plan to fund clean car rebates, zero-emission transit and school buses, clean trucks, and other innovative, clean transportation and mobility pilot projects. billion for low-carbon transportation projects from the cap-and-trade program.

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