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Volvo Cars successfully places first green bond, raises €500M

Green Car Congress

Volvo Cars successfully placed its first green bond, raising €500 million from a diverse group of institutional investors and further increasing the company’s financial flexibility. A green bond is a type of fixed-income instrument that is specifically earmarked to raise money for climate and environmental projects.

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Cummins fuel cell technology powers Coradia iLint fleet in Germany

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Cummins is powering the world’s first fleet of hydrogen trains in Bremervörde, Lower Saxony, Germany. The first zero-emissions passenger trains in the 14-train fleet arrived in mid-summer. The Coradia iLint trains were developed by Alstom as an alternative to conventional diesel trains.

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Domino’s rolling out nationwide fleet of 800 Chevy Bolt EVs

Green Car Congress

making it the largest electric pizza delivery fleet in the country. Electric fleet vehicles also provide more opportunity to attract delivery drivers who don’t have a car of their own. Domino’s is rolling out more than 800 custom-branded 2023 Chevy Bolt electric vehicles at select stores throughout the U.S.,

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Merchants Fleet to buy 5,400 new BrightDrop EV410s

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Merchants Fleet, the US’ fastest growing fleet management company (FMC), has reserved 5,400 BrightDrop EV410s, the all-new, mid-size electric light commercial vehicle purpose-built for the delivery of goods and services over long ranges, as well as other service applications. Earlier post.)

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Moscow rolling out all-electric bus fleet in New Moscow district

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Moscow, which overall has the largest electric bus fleet in Europe ( earlier post ) has 8 separate bus fleets—all of them consisting of a mixture of e-buses and diesel buses. Now, the Russian capital is deploying its first all-electric bus fleet in the New Moscow district. thousand tonnes/year.

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Lightning eMotors adds production capacity, space to meet growing demand from fleets for EVs

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Lightning eMotors, a leading provider of commercial electric vehicles for fleets, is expanding to meet the growing demand for EVs from commercial and government fleets.

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Deutsche Post DHL Group introduces Green Carrier Certification as part of its sustainability roadmap

Green Car Congress

Deutsche Post DHL Group is introducing a global DHL Green Carrier Certification to reward road transport subcontractors for their efforts to become more sustainable. As part of its sustainability roadmap, Deutsche Post DHL Group aims to reduce greenhouse gas emissions to below 29 million tons by 2030 and net-zero by 2050.

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