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

Green Car Congress

The report, A Paradigm Shift Towards Sustainable Low Carbon Transport , finds that more than $1.5 Transportation is central to the social and economic activity of people across the world. restructure pricing incentives so users Pay for the full costs of transport consumption.

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SIDBI and BluSmart collaborates to deploy 140+ electric cars for ride hailing service – ET Auto

Baua Electric

SIDBI also supports other lenders by reducing their perceived risks, making the financing of EVs more accessible. Singh, CGM of SIDBI, spoke about India’s ambitious climate targets, saying, “India has set ambitious climate change mitigation targets and has committed to low-carbon growth in the transport sector.

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ADB Transport Forum: shift to greener transport in Asia key to global sustainability; investment of $2.5T needed by 2020

Green Car Congress

Asia must scale up sustainable transport development or face a bleak future of congested roads, pollution, ill health and economic damage, which could have ripple effects around the world, the third ADB (Asian Development Bank) transport forum heard earlier this month in Manila.

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Axis Bank extends Rs 1 billion loan to Everest Fleet for EVs | Autocar Professional

Baua Electric

The partial guarantee is provided under the USD 200 million INR equivalent framework guarantee agreement that GuarantCo and Axis Bank signed in May 2022, which allows mobilisation of funds between USD 300 and 400 million in INR equivalent to finance the e-mobility ecosystem in India.

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Lucid Group, Saudi Arabia agree to 100,000 EV fleet deal

Teslarati

Delivering up to 100,000 Lucid electric vehicles in Saudi Arabia represents another pivotal moment in our acceleration of sustainable transportation worldwide,” Lucid Group CEO Peter Rawlinson said. “We The commitment was made after Lucid accepted a financing package worth over $1 billion from the Saudi Pacific Fund in 2018.

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Report: Major changes needed to transport financing

Green Cars News

If the transport sector is to cope with the rapid growth in motor vehicle traffic and the related environmental and health issues then major changes are needed to how transport is financed. It stated [.].

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Driving Green Initiatives: Direct Pay Tax Incentives for Local Governments

Blink Charging

Cities and local governments are on the front lines responding to climate change, but high costs have slowed the progress of some sustainable energy projects. Why Cities Should Apply for Direct Pay As the EV market continues to expand, consumer expectations for convenient and reliable chargers are rising rapidly.

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