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Volvo Cars raises €500M for electrification through second green bond issue

Green Car Congress

Volvo Cars successfully placed its second green bond to raise €500 million from a diverse set of global investors. All proceeds are earmarked for funding and accelerating the company’s transformation towards becoming a fully electric carmaker by 2030 and becoming climate-neutral and circular by 2040.

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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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Chevy Bolt EV payment, Hertz brakes on Tesla, two-wheel electric car: Today’s Car News

Green Car Reports

A concept EV challenges the notion that electric cars need four wheels, or even three. This and more, here at Green Car Reports. The 2020-2022. Hertz backs away from its ambitious EV plans. One company pushes ahead with plans for U.S.-made made solid-state cells.

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The most important electric cars for 2020

Green Car Reports

Electric-car debuts continue apace for 2020, and not one on our list feels like a rush job from any of their respective automakers. That’s because mainstream electric cars have become deliberate automobiles themselves.

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Continental Mobility Study 2020 finds many people still have doubts about EVs

Green Car Congress

The Continental Mobility Study 2020 shows that enthusiasm for electric cars is strong in China, while reservations still need to be overcome in Germany, France, the US and Japan. The study also shows that acceptance of electric mobility has increased in all five countries surveyed in recent years. Source: Continental.

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Volkswagen Passenger Cars lifts global deliveries of BEV vehicles by 197% and of electric vehicles overall by 158% in 2020

Green Car Congress

In 2020, Volkswagen Passenger Cars delivered more than 212,000 electric cars in total (+158 percent versus 2019), including nearly 134,000 battery electric vehicles (+197 percent versus 2019). 3 were ordered in 2020. Volkswagen Passenger Cars launched nine new electric and plug-in hybrid models in 2020.

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Volvo Cars to triple electric car production capacity in Ghent after strong year of electrified car sales

Green Car Congress

Volvo Cars is tripling electric car manufacturing capacity at its plant in Ghent, Belgium as it prepares to meet fast growing demand for its Recharge line-up of chargeable cars. The share of Recharge cars as a percentage of total sales more than doubled in 2020, compared to 2019.

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