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Volvo Cars raises €500M for electrification through second green bond issue

Green Car Congress

Volvo Cars successfully placed its second green bond to raise €500 million from a diverse set of global investors. The bond was oversubscribed three-times, despite challenging global market conditions. By mid-decade, it aims for half of its global volume to consist of pure electric cars.

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

Green Car Congress

Under the new Global Memorandum of Understanding (MOU) for Zero-Emission Medium- and Heavy-Duty Vehicles (ZE-MHDVs), Austria, Canada, Chile, Denmark, Finland, Luxembourg, Netherlands, New Zealand, Norway, Scotland, Switzerland, Turkey, United Kingdom, Uruguay and Wales are setting an interim goal of 30% zero-emission new vehicle sales by 2030.

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

Green Car Congress

Hydrogen is a good energy-storage solution for climate-friendly transportation that can supplement battery-electric mobility. As one of the world’s leading engine manufacturers and a pioneer in the sustainable off-road sector, powertrain specialist DEUTZ has developed a 7.8-liter liter hydrogen engine.

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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

Green Car Congress

The countries covered in this research service are Austria, Belgium, Denmark, Finland, France, Germany, Greece, Italy, Luxembourg, the Netherlands, Portugal, Spain, Sweden and the United Kingdom. Eco-innovations will count for up to 7 grams of manufacturers’ fleet targets. Smaller charges between €5 and €25 for excesses of 1 – 3 g/km.

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COP26 declaration on accelerating the transition to 100% zero emission cars and vans

Green Car Congress

The declaration is not legally binding and is focused on a global level. Signatories by category: Governments: Austria; Azerbaijan; Cambodia; Canada; Cape Verde; Chile; Croatia; Cyprus; Denmark; El Salvador; Finland; Iceland; Ireland; Israel; Lithuania; Luxembourg; Netherlands; New Zealand; Norway; Poland; Slovenia; Sweden; United Kingdom.

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Canoo Pickup, Kia EV6, Honda and Mini EV Plans: EV Week in Review – Mar 9-15

EV Adoption

Toyota Teases New X Prologue BEV – The world’s biggest automaker has teased its first ever global electric vehicle (EV) with a sneak picture ahead of the March 17 launch. That facility was previously used by electric car manufacturer Green Tech Automotive. – March 12, via Automotive News Europe. March 14, via CleanTechnica.

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