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BNEF: EV company fundings bright spot as clean energy investment slips in Q3 quarter; 3 China EV companies raise $1.9B

Green Car Congress

The slip in the July-September quarter leaves clean energy investment for the year so far running a modest 2% below that in the first nine months of 2017—leaving open the possibility that 2018 as a whole will end up matching last year’s total, particularly if a few more multibillion-dollar offshore wind deals are concluded before Christmas.

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

Green Car Congress

This has been due to two factors: the decline in upfront costs of the vehicles—driven by falling battery prices—and changes in predominant duty cycles of vehicles sold in developed economies (Europe, US). This was the second-highest annual figure ever (after 2017’s $313.3 billion, down 12%. The US fell 20% to $49.3

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SAIC showcases battery-electric Maxus EV80 van range at IAA

Green Car Congress

The total cost of ownership of EV80 variants in most European markets will be within 5% of their diesel-powered competitors over the lifetime of the vehicles. The total ownership costs could even be lower in some countries where local subsidies are more favourable. million units in 2017, up 6.8% SAIC Motor’s car sales hit 6.93

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