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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
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BloombergNEF: clean energy investment in developing nations slumps as financing in China slows; coal burn surges to record high

Green Car Congress

While the number of new clean power-generating plants completed stayed flat year-to-year, the volume of power derived from coal surged to a new high, according to Climatescope , an annual survey of 104 emerging markets conducted by research firm BloombergNEF (BNEF). The decline was not confined to China, however. billion and $2.7

Coal 243
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VinFast and U.S. Bank Partner to Offer Financing and Leasing Solutions in the United States

Electric Cars Report

VinFast, the Vietnam-based automaker, has announced that U.S. Bank has been chosen as its preferred provider for retail financing and leasing of VinFast vehicles in the United States. This collaboration is an important step for VinFast as it continues to expand its presence in the American market.

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

Teslarati

Roth Capital analyst Craig Irwin, who has a $150 price target on TSLA, believes Tesla’s market potential in India might be bigger than the lead EV automaker’s market in China. “The entry into the Indian market I expect to be a big, big boost for [Tesla]. The Teslarati team would appreciate hearing from you.

India 144
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Porsche launches carbon offset program in US

Green Car Congress

Passport and Drive are set for expansion to four new markets in North America after a successful pilot in Atlanta. The available programs are focused on forest protection in the US, hydropower in Vietnam, solar energy in Mexico, and species diversity in Zimbabwe. How much does it cost?

Porsche 207
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BNEF: global investment in energy transition hit $500B in 2020; $139B on EVs and infrastructure

Green Car Congress

In 2020, the size of the market increased four times compared to 2016, reaching an estimated $118 billion. The decline has been driven by changing market dynamics in China, which accounted for 99% of global e-bus sales from 2016 to 2020. Biomass and waste-to-energy financings were down 3% at $10 billion. billion, down 12%.

2020 259
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Tesla is opening its first store in the Philippines this week

Teslarati

Tesla also hinted at launching sales in the country when it started hiring in Taguig in September for positions in sales, service, finance, charging, operations, and HR. Tesla has started selling its EVs and energy products in a number of countries in the Asia-Pacific region, reaching a number of Southeast Asian markets in recent years.