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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

There was a $1-billion initial public offering by NIO, a $585-million Series C venture capital round by Guangzhou Xiaopeng Motors and a $294-million pre-IPO round by Zhejiang Dianka Automobile. billion, the Enel Green Power South Africa portfolio, at $1.4 South Africa at $2.6 billion, up 9% on a year earlier.

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GM to double models with 40 mpg highway or better by 2017; ongoing manufacturing efficiency improvements

Green Car Congress

Describing its product goals and tracking progress toward its 2020 manufacturing priorities in its 2012 Sustainability Report , General Motors reaffirmed its commitment to further reduce the energy used and the environmental impacts of building and operating an automobile. The 2020 target was raised from 0.70 to reflect this change.

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EV Charging: A Look at the International Landscape

EV Connect

In addition to directing the Environmental Protection Agency and the Department of Transportation to tighten fuel efficiency standards, President Biden has made supporting electric vehicles a top priority, expanding consumer tax credits for EV purchases and mandating that the entire federal fleet of vehicles be converted to electric.