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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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Green NCAP LCA study shows detrimental climate and energy impact of increasing vehicle weight, including EVs

Green Car Congress

The results of the Life Cycle Assessment (LCA) of greenhouse gas emissions and primary energy demand of the cars tested by Green NCAP in 2022 show that the current and continuous trend towards larger and heavier cars, significantly increases the negative impact on climate and energy demand.

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VinFast launches VF 3 mini electric car for Vietnam market

Green Car Congress

VinFast launched the VF 3, a mini electric car model designed specifically for the Vietnam market. The VinFast VF 3 is part of the small car segment, specifically classified as a Mini car.

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After COVID delay, Volkswagen expands WeShare electric car sharing to Hamburg

Green Car Congress

The Volkswagen Group is expanding its WeShare electric car sharing project to Hamburg later this week; the pilot project launched in Berlin in 2019. —Philipp Reth, CEO of WeShare, Volkswagen’s car sharing service. —Philipp Reth, CEO of WeShare, Volkswagen’s car sharing service. Around 800 electric ID.3

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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. 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.

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Volvo Cars to triple electric car production capacity in Ghent after strong year of electrified car sales

Green Car Congress

Volvo Cars is tripling electric car 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 electric car, as well as a plug-in hybrid version of the XC40.

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Minerals used in electric cars: How much does the US import and from where?

Green Car Congress

This post focuses on minerals used uniquely in the manufacture of electric cars. The table below lists the weight (in kg) of the minerals used in a typical electric car and a typical conventional car. Electric cars. Conventional cars. If the latter, what are the source countries? Rare earths.

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