article thumbnail

Pencil-Necked Finance Dweebs Suggest Anyone Making Six-Figures Should Only Buy a $15,000 Car

The Truth About Cars

Springing for luxury items just isn’t in the cards for most of us, despite the lavish recompense* deigned upon us by our corporate overlords in Downtown Canada. Beyond that, they suggest making a down payment of at least 20 percent and financing the thing for no more than four years. note: the recompense isn’t actually lavish at all).

article thumbnail

SafeAI, Siemens, Obayashi collaborate to bring retrofitted autonomous, zero-emission heavy vehicles to off-road industries

Green Car Congress

SafeAI, a global leader in autonomous heavy equipment, announced a collaboration with Siemens today to create an autonomous, zero emission heavy vehicle fleet for Obayashi Corporation. In partnership with pioneers like SafeAI and Obayashi Corporation, we can imagine a more sustainable future for these industries.

Emissions 397
article thumbnail

ClearFlame Engine Technologies raises $30M in Series B

Green Car Congress

New investors, including mining corporation Rio Tinto, and WIND Ventures, the strategic venture arm of Copec, one of Latin America's leading mobility and energy companies, see ClearFlame as part of a holistic suite of strategies to advance environmental, social and governance (ESG) goals.

Engine 150
article thumbnail

PGE and SunRun Create $100M Home Solar Financing Fund

Green Car Congress

Pacific Energy Capital II, LLC, a non-utility subsidiary of PG&E Corporation, and SunRun Inc., a provider of home solar financing, announced a $100-million tax equity project financing agreement to fund SunRun’s installation of more than 3,500 new home solar installations across the nation. SunRun will manage the projects.

Financing 170
article thumbnail

Hyundai Motor to establish hydrogen refueling station for fuel cell electric buses at Incheon Airport with partners, provide buses

Green Car Congress

Hyundai Motor Company is partnering with Incheon International Airport Corporation (IIAC), Air Liquide Korea and Hydrogen Energy Network (HyNet) to establish a hydrogen refueling station for fuel cell electric buses at Incheon Airport’s Terminal 2 by March 2021. Hyundai fuel cell bus.

Hyundai 377
article thumbnail

Bosch and Mitsubishi team up with Blue Park Smart Energy to develop business models for battery swapping; pilot in China

Green Car Congress

Bosch and the Mitsubishi Corporation, with Blue Park Smart Energy (BPSE), are partnering to create Battery as a Service (BaaS) innovations. In the pilot project in China, Mitsubishi Corporation as commercialization partner and Bosch are working with BPSE. Bosch cloud services also improve maintenance.

article thumbnail

Toyota invests $600M in Didi Chuxing, JV vehicle-related services for ride-hailing drivers

Green Car Congress

Toyota Motor Corporation (Toyota) concluded an agreement with Didi Chuxing (DiDi) to expand collaboration in Mobility as a Service (MaaS) in China. As part of this agreement, Toyota will invest US$600 million in DiDi and a joint venture, which the two companies will establish with GAC Toyota Motor Co.,

Toyota 170