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Hyundai Motor targeting 7% of global EV market by 2030; 1.87M BEVs

Green Car Congress

Under the new plan, the company aims to boost annual global BEV sales to 1.87 million units and secure 7% of global market share by 2030 by strengthening its line-up with 17 new BEV models by 2030; 11 for Hyundai models and 6 for Genesis luxury brand. The innovation will be expanded to global plants in the future.

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GreenCell Mobility secures Rs 300 crore in green financing from Sumitomo Mitsui Banking Corporation | Autocar Professional

Baua Electric

This transaction not only marks the first Project Finance by a Japanese bank in the Electric Mobility domain in India but is also SMBC’s first Project Finance transaction in E-Mobility in Asia Pacific, the press release noted.

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Waste-to-biofuels company Enerkem raises C$280M, its largest financing round

Green Car Congress

In addition to new investors BlackRock and Sinobioway, existing investors also participated in this financing. In November 2017, Enerkem received approval from the US Environmental Protection Agency (EPA) to sell cellulosic ethanol produced at its Edmonton facility under the US Renewable Fuels Standard (RFS). Earlier post.).

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Westport Launches First Global Carbon Finance Program for Transportation Registered to the Voluntary Carbon Standard

Green Car Congress

The Westport Carbon Project (WCP) is in the process of being registered with the Voluntary Carbon Market Standard (VCS) and will be the first VCS transport project and one of the largest voluntary carbon market projects worldwide. Grütter Consulting is a leading advisory firm on carbon finance and transport with activities worldwide.

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Gogoro announces major partnership to help accelerate global expansion

Baua Electric

Gogoro , the global leader in battery-swapping for light electric vehicles like scooters and motorcycles, just can’t seem to slow down. Today, Gogoro announced signing an MOU to form a new partnership with Japanese giants Sumitomo Corporation and Sumitomo Mitsui Finance and Leasing Co.,

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LSE report calls for global investment of an additional $3T each year to drive economic recovery and transformation

Green Car Congress

The report indicates that “ the G7 will need to assist emerging market and developing countries in tackling their greater debt and finance constraints that have resulted from the pandemic, and embark on programmes of green recovery and transformation ”. The report says that $1.5-1.7

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Audi introduces R33 Blue Gasoline for factory fills in Germany

Green Car Congress

By financing certified environmental projects, fuel producers do more to improve the environmental impact of the remaining fossil components in R33 fuels. The aim is to further reduce the global greenhouse gas effect and the use of such fuels is a step towards Audi’s goal of carbon neutrality at its production sites by 2025.

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