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Park City Transit deploying six Proterra electric buses; battery-lease financing model

Green Car Congress

With its deployment of Proterra vehicles, the Park City region will become the first mountain resort community in the United States to operate a highly efficient, battery-electric transit service. buy the bus, lease the battery.

Financing 186
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Archer Aviation selects site in Georgia for eVTOL manufacturing facility

Green Car Congress

Archer intends to invest $118M over the next 10 years and will receive an incentive package totaling 33% of its capital investment commitment, which includes land conveyance, tax incentives and Georgia REBA grant. Archer will receive an incentive package, which includes land conveyance, tax incentives and Georgia REBA grant.

Georgia 199
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Electric Vehicle Spotlight: Financing Chevrolet Equinox EV

EV Life

We’ll also show you how to save a ton of money by financing your purchase through EV Life. There are plenty of programs, grants, and tax credits available on the federal, state, and local levels aimed at encouraging drivers to switch from gas-powered vehicles to EVs. Clean Vehicle Rebate Project (CVRP). No missed savings.

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Hyundai bringing XCIENT Fuel Cell trucks to California

Green Car Congress

The demo trucks that Hyundai will bring into the United States are developed based on XCIENT Fuel Cell, the world’s first mass-produced, heavy-duty truck powered by hydrogen. Macquarie’s Specialized and Asset Finance business, part of its Commodities and Global Markets division, will finance the trucks through a lease to the operator.

Hyundai 243
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CT legislature passes highway usage tax on heavy trucks

Green Car Congress

The STF is a dedicated fund used to finance the state’s transportation infrastructure program and operate the departments of Motor Vehicles and Transportation. It prohibits carriers from operating, or causing to be operated, any eligible motor vehicle in the state without a HUT permit on or after 1 January 2023.

Tax 321
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American Suzuki Motor receives bankruptcy court approval of up to $100M in Debtor-In-Possession (DIP) financing

Green Car Congress

American Suzuki Motor Corporation (ASMC) has received court approval for Debtor-In-Possession (DIP) financing. The motion was previously granted Court approval, on an interim basis, on 7 November. The case was filed in the United States Bankruptcy Court, Central District of California in Santa Ana. Earlier post.)

Suzuki 218
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Accelergy Receives Grant from Pennsylvania for Feasibility Study on Coal-Biomass-to-Liquids

Green Car Congress

The announcement comes on the heels of Accelergy’s collaboration with the United States Air Force, which is currently conducting tests on the company’s fuels for application as 100% non-petroleum based synthetic jet fuel. A $175,000 grant will be used for the site selection and analysis process for this facility.