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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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President’s 2016 Budget requests $29.9B for DOE; 9% boost over FY 2015 enacted; $793M (2.7%) for sustainable transportation

Green Car Congress

Sustainable transportation. Sustainable transportation funding requests include: Vehicle technologies. Within the $10.7 billion, the FY 2016 Budget requests $4.8 billion for applied energy activities, including: $2.72 Also within the $10.7 billion, the FY 2016 Budget Request provides $5.34

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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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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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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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Lucid signs agreement with Saudi Arabia for 155k unit capacity manufacturing facility

Teslarati

The agreements not only solidify the plans for the manufacturing plant, which is Lucid’s first outside of the United States, but also locks in funding, financing, and incentive plans to make the project possible. Lucid Group will receive up to $3.4 That target has been moved up to 155,000 per year. ” I’d love to hear from you!

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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. That’s the verdict of a new report by the Transport Research Laboratory entitled A Paradigm Shift Towards Sustainable Low Carbon Transport.