Remove Financing Remove Manufacturer Remove Vietnam
article thumbnail

ADB leads $135M climate financing package for VinFast e-bus fleet and EV charging network in Vietnam

Green Car Congress

The Asian Development Bank (ADB) mobilized a $135-million climate financing package for VinFast Trading and Production Joint Stock Company (VinFast) for manufacturing Vietnam’s first fully-electric public transport bus fleet and first national electric vehicle (EV) charging network.

Vietnam 195
article thumbnail

Porsche launches carbon offset program in US

Green Car Congress

The available programs are focused on forest protection in the US, hydropower in Vietnam, solar energy in Mexico, and species diversity in Zimbabwe. The Porsche Impact program is managed by South Pole, a Swiss-based provider of carbon offsetting and sustainability financing that has been active internationally for more than a decade.

Porsche 207
article thumbnail

Karamba Security raises $10M in new funding; round led by VinFast

Green Car Congress

Israel-based Karamba Security , a leading developer of endpoint protection for connected devices, has secured $10 million in new funding in an extension to its B Round financing. Karamba Security provides cybersecurity solutions that secure a device’s entire lifecycle without interference of R&D or supply chain processes.

article thumbnail

BNEF: global investment in energy transition hit $500B in 2020; $139B on EVs and infrastructure

Green Car Congress

Highlights of the renewables investment total included a leap of 56% in financings of offshore wind projects to $50 billion, including the largest deal ever in that sub-sector—$8.3 Biomass and waste-to-energy financings were down 3% at $10 billion. billion, Vietnam 89% higher at $7.4 billion, down 12%. billion last year.

2020 259
article thumbnail

Hyundai Motor Group deepens partnership with Grab to accelerate EV adoption in Southeast Asia

Green Car Congress

Hence, the enhanced partnership will focus on addressing some of these barriers by piloting new EV business models such as leasing EVs with a battery-as-a-service model or car-as-a-service model, and EV financing. The pilot programs will start in 2021, beginning in Singapore, and expand to Indonesia and Vietnam.

Asia 199
article thumbnail

Tesla Bear believes TSLA India market might be even bigger than China: report

Teslarati

So there are some short-term boosts that they’re looking at,” Irwin told Yahoo Finance host Zack Guzman. . ” India launched a $27 billion program to attract manufacturers from other Southeast Asian countries, like China and Vietnam. Tesla has been taking steady steps to build its presence in India.

India 145
article thumbnail

The US’s largest solar panel maker opens a 3.3 GW factory in India

Baua Electric

Tempe, Arizona-based First Solar’s sixth operational factory expands the company’s global manufacturing footprint to four countries, including the US, Malaysia, and Vietnam. The US International Development Finance Corporation (DFC) provided $500 million of the $700 million in financing for First Solar’s India factory.

India 52