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Rio Tinto launches START: the first sustainability label for aluminum using blockchain technology

Green Car Congress

START will help customers meet the demand from consumers for transparency on where and how the products they purchase are made. Our vision is that our customers can showcase the sustainability of the aluminum they purchase from Rio Tinto to their consumers, delivering full value from our responsible production. Earlier post.).

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Indianapolis plans to add 425 PHEVs and BEVs to municipal fleet by 2016

Green Car Congress

The City of Indianapolis will upgrade 425 non-police-pursuit sedans in its muncipal fleet to plug-in hybrid and battery electric vehicles by early 2016, cut the size of the fleet by 100 vehicles, and save $8.7 The City will replace 100 vehicles by the end of this year and 425 vehicles by the beginning of 2016. million over ten years.

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Edmunds.com: number of leased vehicles reaches all-time high in first half of 2016

Green Car Congress

More new vehicles in the US were leased in the first half of 2016 than during the first half of any other year in history, according to the latest Lease Market Report from Edmunds.com, the leading car shopping and information network. On average, monthly lease payments are 23% lower than monthly financing payments.

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Porsche and UP.Labs to build startups tailored for Porsche’s business

Green Car Congress

The startups will be minority owned by Porsche, with the option to purchase them entirely after three years. —Lutz Meschke, Deputy Chairman of the Executive Board of Porsche AG and Member of the Executive Board for Finance and IT. Porsche is investing a sum in the double-digit millions for this purpose. —Lutz Meschke.

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Volkswagen picks up pace of transformation with new ACCELERATE strategy

Green Car Congress

With our strategy we will ACCELERATE towards the digital future. In 2016, Volkswagen kicked off its far-reaching transformation and the industry’s biggest electric offensive with the TRANSFORM 2025+ strategy. Future vehicle generations will be produced with a much small number of versions. Increasing profitability.

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Government of Canada to buy Trans Mountain Pipeline System and Expansion Project for C$4.5B, resume planing and construction

Green Car Congress

The Government of Canada will purchase Kinder Morgan’s Trans Mountain Pipeline system and the expansion project (TMEP) for C$4.5 This is an investment in Canada’s future. —Bill Morneau, Minister of Finance. On 29 November 2016, the Government of Canada granted approval for the Trans Mountain Expansion Project.

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Saab Spyker to Consider Small 9-1 Line In Future, But Not Envisioned Now

Green Car Congress

However, because the such a model is currently not envisaged in the Business Plan, additional financing to develop this model could be required. With this financing in place, the business plan does not envisage any future funding being required, neither from Spyker or elsewhere, for Saab to return to profitability.

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