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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.
Volvo Cars successfully placed its second green bond to raise €500 million from a diverse set of global investors. All proceeds are earmarked for funding and accelerating the company’s transformation towards becoming a fully electric carmaker by 2030 and becoming climate-neutral and circular by 2040.
The BMW Group has now reached an agreement to this effect with the Swedish startup H2 Green Steel (H2GS), which uses hydrogen and only green power from renewable energies for steel production. H2 Green Steel is building its steel production site in the province of Norrbotten in northern Sweden, close to the Arctic Circle.
VinFast launched the VF 3, a mini electriccar model designed specifically for the Vietnam market. The VinFast VF 3 is part of the small car segment, specifically classified as a Mini car.
Volvo Cars is tripling electriccar manufacturing capacity at its plant in Ghent, Belgium as it prepares to meet fast growing demand for its Recharge line-up of chargeable cars. The plant already builds the XC40 Recharge, the company’s first fully electriccar, as well as a plug-in hybrid version of the XC40.
BMW has begun production of the fully-electric BMW iX1 in Regensburg; all its German plants can now produce electriccars. By 2024, at least one in three BMWs coming out of its Bavarian plants will be an electriccar, said Milan Nedeljkovi?, member of the Board of Management of BMW AG responsible for Production.
Bentley Motors will launch five new electriccars from 2025. From 2025, the first Bentley electric vehicle will be designed, developed and produced at its headquarters in Crewe, England. Bentley also revealed a £2.5-billion billion (US$3.4-billion) billion) sustainable investment to realize this strategy.
Volvo Cars reported global sales of 60,398 cars in May, up 31% compared with the same month last year. The company’s fully electriccars were the main contributor to the growth, rising 196% during the period to 10,826 units (). The share of fully electriccars stood at 18%.
Geely Auto Group (Geely Auto) officially announced the widely reported formation of Zeekr—a new electric mobility technology and solutions company based in China that will serve growing global demand for premium electric vehicles.
Following the successful European introduction of the all-electric Mach-E in 2021 and Mach-E GT this year, plus the launch of the E-Transit in the next quarter, Ford today unveiled plans for seven more all-electric vehicles to join the Ford family in Europe—three new passenger vehicles and four new commercial vehicles.
This is fairly new, and it is hard to think of another car company advertising based on its sensing capabilities. All electriccars are marketed based on the range their batteries can deliver, making it easy to compare. It boasts that its front radar/camera combination has a range of 200m and a field of view of 45˚.
At least a couple of presidents have been drivers of electriccars, but they're not all in the recent past. Long before Ike became perhaps the 20th century's most famous general, Eisenhower drove around in an early electriccar that belonged to his in-laws.
A concept EV challenges the notion that electriccars need four wheels, or even three. This and more, here at GreenCar Reports. Hertz backs away from its ambitious EV plans. One company pushes ahead with plans for U.S.-made made solid-state cells. The 2020-2022.
Hybrid cars will no longer qualify as "green" vehicles on Uber's rideshare service in Australia after the tech giant announced changes to prioritise electriccars on its platform. The post Uber punts hybrid cars from “green vehicle” scheme, to focus on battery electrics appeared first on The Driven.
In Germany, the Volkswagen brand also offers a suitable electricity supply contract with “Volkswagen Naturstrom”, to guarantee fully certified greenelectricity from renewable energies. million electriccars for a year. App on their smartphone. Mobile charging – also with Plug & Charge in future.
In the first half of 2022, motors with oil cooling became the dominant form in the electriccar market, taking 50% market share, according to a report from IDTechEx. Oil cooling became the dominant form of motor cooling for electriccars in 2022.
A6 and S6 Sportback E-Tron electriccars arrive in North America next spring or summer The first cars using Audi's new platform cut a sharp shape A 94.9-kwh
Nissan’s ambition also expands upon past initiatives under the Nissan Green Program and the company’s ongoing work to minimize the carbon footprint of its products and operations. The company introduced the world’s first mass-market electriccar, the Nissan LEAF, and has sold more than 500,000 of the zero-emission vehicle to date.
Following the introduction of the XC40 Recharge and now the C40 Recharge, Volvo Cars will roll out several additional electric models in coming years. By 2025, Volvo Cars aims for 50% of its global sales volume to consist of fully electriccars, with the rest hybrids. —Henrik Green, chief technology officer.
Ferrari is prepping its first EV The new electriccar will be built at its own newly-built factory in Maranello Ferrari plans for most of the factory's power to come from sustainable sources Ferrari recently unveiled an expansion of its factory to accommodate production of the automaker's first EV.
Volvo Cars is integrating and testing wireless charging technology in a live city environment together with selected partners, evaluating its potential for future electriccars. The charging stations used in the test are delivered by Momentum Dynamics, a leading provider of wireless electric charging systems.
Rolls-Royce Motor Cars unveiled Spectre, its “Ultra-Luxury Electric Super Coupé” that is the successor to the Phantom Coupé. Spectre is available for commission immediately, with first client deliveries commencing in Q4 2023. Spectre pricing will be positioned between Cullinan (starting ~$341,500) and Phantom (starting ~$460,000).
It essentially provides access to charging via a single charging card, and is best suited to drivers who only rarely use public charging points to charge their electriccars. Going forward, the app will also give users the option to only show charging points that operate on green power.
As its CEO Frank-Steffen Walliser recently told Car and Driver "what we see in the luxury market right now (is that) people reject electriccars." Wealthy consumers "consider luxury cars only with a combustion engine," the executive claimed. In 2020, Bentley.
Germany is adding another €100 million to its successful promotion of private charging stations for electriccars in residential buildings, bringing the total to €500 million. We want more climate protection, more clean electriccars on our roads and more use of greenelectricity.
We've already brought you vehicles like the Acura ZDX, Honda Prologue, and Chevrolet Equinox EV. We've driven them, but now it's time to preview vehicles we know to be in the pipeline, but haven't had hands-on time with just yet. These vehicles due in the next two model years represent the next wave: Those planned before $7,500 tax breaks and.
The idea of putting solar panels on electriccars is gaining more traction, both as a charging convenience and as a contribution to grid reliability and resilience. The post ElectricCars In Every Garage, With Solar Panels appeared first on CleanTechnica.
Volkswagen also offers proprietary wallboxes, charging services and green power tariffs via its subsidiary Elli. Under its long-term planning for the next ten years, the Group intends to launch some 70 all-electric models by 2030. The Planning Round envisages production of approximately 26 million fully-electriccars by 2030.
Volvo Cars formally inaugurated a new battery assembly line at its Belgian manufacturing plant in Ghent, where it will start building its first fully electriccar, the XC40 Recharge P8, later this year. The XC40 Recharge P8 is the first of a family of fully electric Volvos. Volvo XC40 Recharge powertrain.
For 2025, dozens of EV variants top 300 miles of range The top-ten list contains pickups, SUVs, crossovers, sedans, and a hatchback Standouts like Lucid Air and Hyundai Ioniq 6 manage market-leading range without huge battery packs Less than a decade ago, 300 miles seemed like the holy grail for EV driving range. Now, even as the overdue reality.
In 2020 alone, about 6,200 GWh of green power had to be curtailed in Germany. With this project, we are demonstrating for the first time how electriccars can be synchronized with the power grid in a user-friendly way. The car becomes a rolling electricity storage unit for the grid operator.
Rapidly moving towards becoming a fully electriccar company, Volvo Cars is bringing battery cell technology development and production closer to home and aims to tailor its future batteries to the needs of its customers: a longer range and faster charging times. —Henrik Green, chief technology officer.
However, some companies are more interested in being “green” leaders seeming to have a genuine focus on protecting our climate, air, and water. continued] The post NIO ET7 & NIO ET5 Touring Win Green Design International Award appeared first on CleanTechnica. And maybe that’s mostly right.
Combining used Nissan electric vehicle batteries at a conventional power plant in Melilla, Spain, operated by the Enel Group’s Spanish subsidiary, Endesa, the project enhances grid stability to help meet the needs of an isolated network. Nissan and Enel have partnered to launch the Second Life project.
Among those considering the purchase of a new or used battery-electric or plug-in hybrid vehicle, or just curious about EVs, charging can still be the EV dealbreaker. Unless you don’t have a way to easily install or access home charging, your excuses are quickly disappearing, though. In 2024 public charging kept pace—or.
NIO has had a string of announcements recently focused on its green credentials and recognition for them. While all electric vehicles are inherently greener and cleaner, some EV companies are more focused on implementing sustainability principles throughout the company, while others are, well, they’re just there to make money.
But to make the transition easy, GreenCar Reports has rounded up some tips on how, where, and when how to charge up that new plug-in vehicle. GreenCar Reports has dug into this issue far more in the past, when driving an EV felt like an exclusive club of tech early adopters in the know.
State officials gave Southern California Edison the green light for an expansive electriccar charging infrastructure program that will add about 38,000 new chargers throughout the utility’s 50,000-square-mile service area.
The BMW iFACTORY focuses the BMW Group’s production expertise on three key topic areas: LEAN, which stands for efficiency, precision and extreme flexibility; GREEN, for sustainability, resource-efficiency and circularity; and. GREEN: Sustainability along the entire value chain. —Milan Nedeljkovi?,
At the same time, the Volkswagen Group’s core product—the car—and the underlying business model are changing fundamentally. The biggest cost in electriccars is the battery. The car itself will become a mobile, intelligent power bank. This is where the new “unified cell” plays a central role.
3 has set its first range record—the electriccar covered the 531 kilometers (330 miles) from Zwickau to Schaffhausen (Switzerland) on a single charge. 3 1st Pro Performance with a 58 kWh battery built at the Zwickau electriccar factory. The new Volkswagen ID.3 The vehicle was a series-production ID.3 kWh/100 km.
For Volvo Cars, the CO 2 emissions related to steel and iron production for its cars amount to around 35% in a traditionally powered car and 20% in a fully electriccar of the total CO 2 emissions from the material and production of the components going into the car.
In addition to the battery-electric powertrain and aluminium components, this is particularly the case with steel. In future projects such as Trinity—the fully connected electriccar of the next generation—the use of CO 2 -reduced steel can therefore make a significant contribution to improving the overall CO 2 balance sheet.
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