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Mastercard Foundation backs affordable e-mobility financing for women and youth entrepreneurs as Roam and 4G Capital launch an electric motorcycle financing program that saves riders KES 500 daily. Long term vehicle financing programs are as not as widely implemented in a lot of countries on the African countries, which raises.
The road transport sector could still reach net-zero emissions by 2050 through electrification, but urgent action would be required from policymakers and industry participants, according to research company BloombergNEF’s (BNEF) latest annual Long-Term Electric Vehicle Outlook (EVO). million sold in 2021 to 21 million in 2025.
has closed a $68,155,000 “Green Bond” private activity bonds offering to finance the construction of its renewable natural gas (RNG) project in Northwest Iowa. million in reimbursement for development, long lead equipment, and financing costs incurred during the development period upon closing of the Green Bond Offering.
The board of directors of the Flemish Transport Company De Lijn has started a new purchase procedure to order up to 1,250 emission-free buses of various types with lengths from approximately 8.5 E-HOV buses (high-quality public transport such as the Ringtrambus) (length approx. to 24 meters. 18 meters, maximum 500 buses).
I received an email today that Tesla Cybertruck financing is at its lowest to date. continued] The post Tesla Starts Offering 0% Financing on Model 3, 1.99% Financing on Cybertruck, $1,100 Subsidy in China appeared first on CleanTechnica. It feels a bit early to be pushing these out, but it has been similar in recent quarters.
Investment rose in almost every sector covered in the report, including renewable energy, energy storage, electrified transport, electrified heat, nuclear, hydrogen and sustainable materials. The report also finds that climate-tech corporate finance totaled $165 billion in 2021. from the year prior.
A new study published by US Department of Energy’s (DOE) Argonne National Laboratory offers the most complete understanding yet of the costs of owning and operating a vehicle, and how those costs vary by powertrain, from the conventional to the cutting-edge.
The financing round was led by LDV Partners and Alpha JWC Ventures. Venti provides autonomous systems such as tug-trailers for goods movement in manufacturing yards, warehouses, and logistics hubs; self-driving prime movers for the transport of shipping containers; and small luxury community transports.
a manufacturer of electric-mobility solutions to the transportation sector ( earlier post ), closed a $35-million financing with Marathon Asset Management. Workhorse Group Inc., —Workhorse CEO Steve Burns. In addition to closing the Marathon loan facility, Workhorse continues working in partnership with Duke Energy Corporation.
The Anaheim Transportation Network has awarded an order for 40 battery-electric buses to BYD. A private, non-profit transportation management association, ATN was created to develop and operate the Anaheim Resort Transit (ART) for the Anaheim Resort District system and surrounding areas in the city with clean fuel shuttles.
Loop Energy, a provider of fuel-cell-electric range-extenders for medium- and heavy-duty transport applications, has received an additional cash investment from Cummins Inc. The further investment was made following Loop’s successful completion of milestone requirements established at the time of Cummins initial investment in September 2019.
Brightmark Energy , a San Francisco-based waste and energy development company, closed a $260-million financing package for the construction of the US’ first commercial-scale plastics-to-fuel plant, which will be located in Ashley, Indiana.
Denmark leads the way when it comes to putting zero-emission urban buses on the streets in Europe, with 78% of new vehicles being electric, according to the latest data from green NGO Transport & Environment. However, Germany is now financing 80% of the higher purchase cost of e-buses.
The proprietary modular capsule technology is significantly lighter than the current state of the art in hydrogen storage and is designed from first principles for flight and ground transport safety certification. Full-scale prototype of Universal Hydrogen's gaseous hydrogen module, with one capsule removed.
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.
Group14 Technologies announced $18 million in new financing from Amperex Technologies Limited (ATL), Showa Denko (SDK), Cabot Corporation, BASF Venture Capital, and OVP Venture Partners. The opportunity to aggressively advance the electrification of the transportation system is right now.
According to Yahoo Finance, registration data from Germany’s Motor Transport Authority (KBA) shows the Volkswagen brand has delivered 49,200 electric cars in that country through the. Remember when the Tesla Model Y outsold every other electric car, anywhere in the world, all the time? That was then; this is now.
Researchers at the Fraunhofer Institute for Microengineering and Microsystems IMM are developing ammonia-based systems for a mobile, decentralized energy supply in the infrastructure, transportation and industry sectors. Ammonia (NH 3 ) could become an alternative solution to allow the required hydrogen to be stored and transported with ease.
Didi Chuxing, the world’s leading one-stop transportation platform, announced a new joint venture with Beijing Electric Vehicle Co., Ltd (JingJu) aims to combine the two companies’ strengths in new energy fleet operation and AI transportation solutions to develop next-generation connected-car systems. Transportation Brain comes online.
From Lingen (Emsland) to Gelsenkirchen and from the Dutch border to Salzgitter, production, transport, storage and industrial acceptance of green hydrogen are to be connected in several steps between 2024 and 2030 under the umbrella of the overall project. The IPCEI program can finance the network construction in part.
Ford Motor Company and its financing subsidiary, Ford Motor Credit Company, introduced the North America auto industry’s first sustainable financing framework, focusing on and paying for ambitious plans in vehicle electrification and other environmental and social areas. Vigeo Eiris, an arm of Moody’s Corp.,
The EV Policy Showroom features databases, calculators, guidance and tools that provide free, easy access to up-to-date transportation-electrification policy information, with an emphasis on state-level policies. The State EV Policy Dashboard displays the status of 10 leading state EV policy strategies, updated monthly.
The EVV is a self-contained, all-electric transportation solution that has been optimized to store, transport, and deliver testing and vaccines to a large population across a wide variety of environments and locations. AYRO, Inc., Element Fleet Management Corp.,
million Series A financing round led by prominent Silicon Valley venture fund, Playground Global, with the investor syndicate comprising Fortescue Future Industries, Coatue, Global Founders Capital, Plug Power, Airbus Ventures, JetBlue Technology Ventures, Toyota AI Ventures, Sojitz Corporation, and Future Shape.
The aim is to foster the growth of electrified public transport globally through increasingly high-performance and competitive solutions. The partnership will enable Enel X to strengthen its offering to public transport authorities globally, providing a major boost to reach Enel’s target of more than 20,000 electric buses served by 2030.
Pace is the transportation backbone of Chicago’s suburbs and one of the largest public bus service operators in North America, serving an area nearly the size of the state of Connecticut. Proterra and Pace Suburban Bus has awarded Proterra a $26.5-million
The trucks will be used for both short and long transport in the DFDS logistics system in Europe. DFDS has chosen a financing solution provided by Volvo Financial Services. DFDS provides ferry and transport services in and around Europe, generating annual revenues of DKK 19 billion (~US$3 billion).
HYVIA will offer a wide range of fuel cell-powered light commercial vehicles by the end of 2021: Master Van H2-TECH —a large van for transporting goods and packages, with 12 m 3 of cargo volume and a range of up to 500 km. Master Citybus H2-TECH —for transporting up to 15 people, with a range of about 300 km.
EnergyX) has secured commitments of $20 million in financing. Preliminary research has shown that lithium ions transport through the metal organic framework nanoparticles at “unprecedented” rates. Direct lithium extraction (DLE) technology company Energy Exploration Technologies Inc. tons by 2040.
The board of De Lijn, the public transport authority and operator in Flanders, Belgium, has approved the order of 60 electric buses from Van Hool and VDL. Both orders are financed by NextGenerationEU, the European Union’s Covid recovery plan.
With the HyGATE technology incubator, we bring together players from science and business from both countries in order to develop, demonstrate and test green hydrogen technologies along the entire value chain—from generation, through storage and transport to use. Co-financing of an AUS-DEU H 2 incubator for applied research.
We believe that an electrified transportation system coupled with increased urbanization will rapidly increase the demands on utilities to strengthen their grids in a quick and flexible manner. The Rocklunda project is supported by financing from the Swedish Energy Agency (Energimyndigheten).
Alstom is supplying the iLint hydrogen trains ( earlier post ) for the Taunusbahn, Infraserv Höchst will operate the future hydrogen filling station and the State of Hesse and RMV are setting the course for the future and financing them. The implementation is on schedule; the total order volume is €500 million.
Electreon, a provider of wireless and in-road electric vehicle (EV) charging technology, signed an agreement of cooperation with Israel public transportation company Electra Afikim. The municipality of Rosh Hain played a key role in the agreement as part of it policy to promote clean electric transportation in the rapidly growing city.
Battery-electric and fuel cell electric power will be crucial to achieve this major transformation towards carbon-free transport. meet the requirements of urban transport, delivery, distribution and waste collection. tractor to meet the needs of regional and inter-regional transport from 2023. The Renault Trucks D Z.E.,
Iveco said that the successful completion of this announced step reconfirms the steady commitment of the company in playing a leading role in the zero-emission heavy duty transport segment.
Create a flexible system under which State Departments of Transportation (State DOTs) and Metropolitan Planning Organizations (MPOs) would set their own declining targets for on-road greenhouse gas emissions from roadway travel on the National Highway System. BIL also includes $7.2
In the strategic partnership, PACCAR provides autonomous-enabled vehicles as well as aftermarket parts distribution, finance and other transportation solutions. Autonomous Peterbilt 579 Test Vehicle with Aurora Driver. Aurora provides industry-leading self-driving technology, including hardware, software and operational services.
The board may also decide not to move forward with the transportation project altogether. The last two companies up for the project are Elon Musk’s tunneling company and Bexar Automated Transport (BAT). Tesla vehicles would transport riders between the international airport and downtown. Bexar Automated Transport’s Plans.
The latest electric Scania trucks are accompanied by all the support with operational factors and services that make them complete solutions, with charging, finance, insurance and maintenance all in place.
Within the Netherlands transport sector, inland navigation accounts for 5% of carbon dioxide emissions. By switching from diesel-fueled propulsion to fully electrically powered transport, an important step can be taken towards realizing the Paris Climate Agreement goals.
However, Tesla has launched another form of transportation for employees to get to Giga Berlin: a transit bus. Tesla pushed for the line to be created, and according to the Oder-Spree district, Tesla financed the new bus line. The post Tesla-financed bus line takes first trip for Giga Berlin employees appeared first on TESLARATI.
Yes, Tesla is offering a financing deal that’s hard to pass up. The company is offering 0.99% APR financing on a new Tesla Model Y! That’s a crazy-low financing option. continued] The post You Can Now Buy A New Tesla Model Y With 0.99% APR Financing! Wait, what’s going on — the.
Via , a company that provides digital infrastructure to power public mobility in cities around the world ( earlier post ), has raised a Series E financing led by EXOR. The financing values the company at $2.25 billion and will enable Via to advance its vision of efficient, accessible, and equitable public mobility.
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