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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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JRC report assesses R&I in low-emission alternative energy for transport (ALT) in Europe; €2.3B spent from 2007-2020

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The European Commission’s Joint Research Center recently published a report analyzing research and innovation (R&I) in low-emission alternative energy for transport in Europe. Brown branches: road transport; blue branches: aviation; green branches: waterborne transport; dark yellow: multimodal transport. Transport infrastructure (INF).

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BMW Group to lead €19.5M HyCET project consortium on hydrogen combustion engine trucks

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The use of green hydrogen produced from renewable energies could thus enable CO 2 -free long-distance logistics in the future. Due to the low emissions from hydrogen combustion, the trucks are also considered as zero-emission vehicles under EU regulations. The HyCET research project will have an investment volume of €19.5

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Ford Pro and Deutsche Post DHL Group collaborate on electrification of last-mile delivery; > 2,000 electric vans by end of 2023

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The inked agreement covers a full suite of solutions to operate the electric fleet including access to Ford Pro’s connected E-Telematics software and charging solutions in order to reduce costs and optimize efficiency as a part of the two organizations’ common zero emission goals.

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15 countries agree to work toward 100% ZEV truck and bus sales by 2040

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Fifteen countries have agreed to work together toward 100% zero-emission new truck and bus sales by 2040. Participants in this coordinated global effort agree that zero-emission trucks and buses are essential to reducing transport emissions, mitigating climate change, improving air quality, reducing the use of fossil fuels and energy costs.

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Volvo Buses officially launches the all-new plug-in Electric Hybrid bus

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The plug-in hybrid drive reduces diesel fuel consumption and carbon dioxide emissions by up to 75%, compared to a conventional diesel bus. Hamburg, Luxembourg and Stockholm will implement the new bus system in 2014 and 2015. The Volvo 7900 Electric Hybrid runs in electric mode on average 70% of the route, silent and emission-free.

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Frost Sullivan Projects That About 80% of European Vehicle Sales Will Be in the 150 g/km CO2 Band by 2015; EVs as a Strategy of Premium Automakers

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A new report from Frost & Sullivan, Implementation Roadmap of CO 2 Tax Banding in European Countries and Impact Analysis on Powertrain and Green Technology Adoption , finds that about 80% of the European vehicle sales is expected to be in the less than 150 g/km CO 2 emission band by 2015. g/km—in model year 2016. (As Earlier post.)

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