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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.

Vietnam 195
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EV Life is awarded CalSEED grant from the California Energy Commission to make financing electric cars cheaper than gas vehicles.

EV Life

The grant will fund the development of a fintech platform to empower EV buyers to save up to $200/month on electric vehicle loans. EV Life, a car site dedicated exclusively to electric vehicles, announced that it was 1 of 28 companies to win a CalSEED grant from the California Energy Commission (CEC).

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Ford, Ford Credit introduce sustainable financing framework prioritizing EV, clean production, community investments

Green Car Congress

Ford Motor Company and its financing subsidiary, Ford Motor Credit Company, introduced the North America auto industry’s first sustainable financing framework, focusing on and paying for ambitious plans in vehicle electrification and other environmental and social areas. Vigeo Eiris, an arm of Moody’s Corp.,

Financing 170
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Group of 285 global investors with more than $20T in assets under management calls for urgent action on investment-grade climate change and energy policies; guidelines for governments

Green Car Congress

Saying that “ investment-grade climate change and clean energy policy is required to shift private sector investment from high-carbon to low-carbon assets ”, a group of 285 investors has urged governments and international policy makers to take new and meaningful steps in the fight against climate change.

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CARB approves $2.6B investment for clean cars, trucks, mobility options

Green Car Congress

The investment plan recognizes that to meet the state’s clean air and climate goals California needs more clean cars, trucks and buses along with community-led efforts to create walkable, bikeable, transit-friendly places for everyone. The 2022 state budget expands these efforts by $6.1 billion—in addition to an existing multi-year $3.9

Clean 326
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Electric Vehicle Spotlight: Financing a Tesla Model Y

EV Life

The negative impact of fossil fuel emissions on climate change and the environment has become an important issue facing the world today, and some of the biggest contributors are the gas-powered vehicles we drive every day. The Model Y also offers optional third-row seating, allowing it to seat up to seven people.

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UN report highlights urgent need to tackle impact of EV battery production boom

Green Car Congress

Demand for raw materials used in the production of electric car batteries is set to soar, prompting the UN trade body, UNCTAD (United Nations Conference on Trade and Development), to call for the social and environmental impacts of the extraction of raw materials, which include human rights abuses, to be addressed urgently.

Battery 545