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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

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Global clean energy investment was $67.8 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

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Tata Motors commits almost $50M to UK National Automotive Innovation Campus

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Tata Motors Limited, India’s largest automobile manufacturer, has confirmed its long term commitment to advanced research and development in the UK through the participation of its subsidiary, Tata Motors European Technical Centre (TMETC), in the UK’s National Automotive Innovation Campus (NAIC). Earlier post.).

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Electric Vehicle Initiative Launched at Clean Energy Ministerial in Washington DC

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At the Clean Energy Ministerial in Washington, DC, 19-20 July, ministers reaffirmed their commitment to previously-announced targets for the deployment of electric vehicles, which the International Energy Agency (IEA) estimates will create global market momentum leading to at least 20 million electric vehicles on the road worldwide by 2020.

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Ford Launches New Fiesta in China

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The sedan and the five-door Fiesta hatchback are both built at the Changan Ford Mazda Automobile Company manufacturing facility in Nanjing. In Europe, the new Fiesta is produced at Ford’s plant in Cologne, Germany, as well as the plant in Valencia, Spain, for European markets.

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