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New York City Council passes bill mandating all city school buses be electric by 2035

Green Car Congress

The New York City Council passed a bill mandating that the city’s school bus fleet be fully electric by 1 September 2035. The bill passed with 44 votes in favor and one vote against. Mayor Bill de Blasio is expected to sign the bill into law.

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Tesla launches limited-time 0.99% APR loan rate on U.S. Model Y orders

Teslarati

On Friday night, Tesla launched the promotional financing on its website for the Model Y, offering a 0.99 percent APR interest rate for buyers who finance the electric vehicle (EV) on an order placed by May 31. Last year, the Model Y became the world’s best-selling vehicle , according to data from JATO Dynamics.

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Westinghouse files for Chapter 11 protection in US and secures $800M in DIP financing to fund operations

Green Car Congress

Westinghouse has obtained $800 million in debtor-in-possession (DIP) financing from a third-party lender to help fund and protect its core businesses during its reorganization. The Chapter 11 filings took place in the US Bankruptcy Court for the Southern District of New York in New York City.

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Polestar taking production orders for Polestar 2 electric fastback

Green Car Congress

There will be a Polestar Space in Los Angeles, New York City, and two in the Bay Area this year, with additional Spaces expected to open in Boston, Denver, Texas, Washington D.C., Torque is 487 ft-lb (660 N·m), and the target range is 275 miles. and Florida in the first half of 2021.

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Study finds NYC Clean Air Taxi rules successful in cutting pollution

Green Car Congress

New York City Clean Air Taxi rules are successful in cutting emissions and reducing air pollution, [link] to a new study by researchers at the Columbia University Mailman School of Public Health and Drexel University. —Dustin Fry, MPH, a researcher at Drexel University Dornsife School of Public Health. Tabb, Gina S.

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Mobility services infrastructure company Via closes Series E round; valued at $2.25B

Green Car Congress

Via , a company that provides digital infrastructure to power public mobility in cities around the world ( earlier post ), has raised a Series E financing led by EXOR. The financing values the company at $2.25 First launched in New York City in 2013, Via’s technology is now deployed globally, including in Europe as ViaVan.

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AMPLY Power & Logan Bus announce 2-year demo project of charging-as-a service for fleets; 5 electric school buses

Green Car Congress

Pioneering methods to accelerate electric fleet adoption, AMPLY Power will demonstrate and document its Charging-as-a-Service approach for an all-electric school bus fleet in New York City. Implementing resiliency plans where needed. —Alicia Barton, President and CEO of NYSERDA.

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