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UCLA, UC Davis host world conference on electric vehicles and cities prior to EVS26

Green Car Congress

The one-day conference brings together more than 300 government leaders, business executives and nonprofit directors from a variety of countries, including Australia, China, England, France, Japan, Germany, the Netherlands, Portugal, Sweden, Spain and the United States.

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1-year customer field trials of FUSO electric Canter in Portugal show 64% lower costs, 37% reduction in CO2 given local power mix

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Daimler has concluded customer field trials with eight pre-production Fuso Canter E-Cell electric trucks ( earlier post ) in Portugal. All eight vehicles travelled the roads of Portugal and were permanently monitored and analyzed during the one-year field trial. The Canter E-Cell trucks were equipped with platforms and box bodies.

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Toyota Motor Europe strengthens strategic alliance with CaetanoBus and Finlog in fuel cell bus business

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Toyota Caetano Portugal (TCAP), the joint venture of Toyota Motor Europe (TME) and Salvador Caetano, strengthened its strategic alliance with CaetanoBus and Finlog by becoming the direct shareholder of the two Portuguese companies. The ordered H2.City

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Renault-Nissan Alliance, CEA and FSI to Form Joint Venture to Develop and Manufacture Batteries for Electric Vehicles

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In order to complete the financing of the project, the European Investment Bank (EIB) is considering a loan of up to 50% of the €280 million (US$416 million) debt financing. The Renault-Nissan Alliance will use its European battery plants in France, the UK and Portugal to supply electric vehicles built around Europe and Turkey.

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PSA Peugeot Citroën and General Electric sign a European Cooperation Agreement for the co-development of electromobility solutions; BEVs and PHEVs

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The agreement would see GE Capital lease EV vehicles across Belgium, France, Germany, Italy, Netherlands, Sweden, Portugal, Spain, Switzerland and the UK. GE provides commercial car and truck financing and integrated fleet management services for various consumers though its Fleet Services operations, a business within GE Capital.

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Major power and gas company E.ON splitting in two; focusing on renewables, spinning off conventional power generation

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E.ON’s financial flexibility is further enhanced by the divestment of its entire businesses in Spain and Portugal, which it has agreed to sell to Macquarie, an Australian investment firm, for an enterprise value of €2.5 This will enhance E.ON’s financial flexibility for future growth investments. billion (US$3.1

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Joint IEA-NEA report details plunge in costs of renewable electricity; nuclear competitive with other baseload power sources

Green Car Congress

The report, Projected Costs of Generating Electricity: 2015 Edition , also shows that new nuclear power plants generate electricity more cheaply than other established “baseload” sources—mainly coal- and gas-fired power plants—over the full lifetime of facilities when financing costs are relatively low.

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