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ADB leads $135M climate financing package for VinFast e-bus fleet and EV charging network in Vietnam

Green Car Congress

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.

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Combustion-vehicle sales peaked in 2017, peak oil due in 2027

Green Car Reports

The global market for internal-combustion vehicles peaked in 2017 and is now in "structural decline," Bloomberg New Energy Finance declared in a recent report. Combustion-vehicle sales in 2022 were down almost 20% from the 2017 peak, according to BNEF.

2017 164
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Northvolt raises $1.B to support factory rollout plans in Europe; close to $8B since 2017

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billion convertible note to finance its expansion of battery cell and cathode material production in Europe to support the rapidly expanding demand for batteries. With this capital raise, Northvolt has since 2017 secured close to $8 billion in equity and debt to deliver on its plans to establish a supply of sustainable batteries.

2017 186
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BloombergNEF: clean energy investment in developing nations slumps as financing in China slows; coal burn surges to record high

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thousand in 2017. Investment in new wind, solar, and other non-large hydro renewables projects in the country fell to $86 billion in 2018 from $122 billion in 2017. Across all emerging markets surveyed, 2018 investment fell to $133 billion, lower than not just the 2017 total but the 2015 figure as well. billion and $2.7

Coal 243
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Waste-to-biofuels company Enerkem raises C$280M, its largest financing round

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In addition to new investors BlackRock and Sinobioway, existing investors also participated in this financing. In November 2017, Enerkem received approval from the US Environmental Protection Agency (EPA) to sell cellulosic ethanol produced at its Edmonton facility under the US Renewable Fuels Standard (RFS). Earlier post.).

Financing 199
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Chevy Bolt EV drivers offered $3,000 off 2024 Chevy Equinox EV

Green Car Reports

It offers 2017-or-newer Bolt EV and Bolt EUV owners or lessees a $3,000 discount if they finance an Equinox EV purchase through GM Financial. Chevrolet is offering discounts to Bolt EV owners who buy a 2024 Equinox EV, CarsDirect reports.

Financing 107
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FTA announces $55M for FY 2017 Low-No funding

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The Federal Transit Administration (FTA) announced the availability of $55 million of Fiscal Year 2017 funds ( FTA-2017-003-TPM-LowNo ) for the purchase or lease of low- or no-emission vehicles as well as related equipment or facilities (Low-No). million is available under the Continuing Resolution that expires on 28 April 28 2017.

2017 150