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Average price of new light vehicles in US hit high in 2016; driven up by trucks; cars moving in opposite direction

Green Car Congress

The average price of a new light vehicle (including both cars and light trucks) was up to a record $31,790 in 2016, up from the most recent low of $28,243 in 2008. Twenty years ago, prices for cars and light trucks were similar, but car prices have steadily decreased while truck prices have increased. Source: DOE.

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Canada aligns with US on light-duty vehicle GHGs, Tier 3 regulations and heavy-duty vehicle fuel efficiency

Green Car Congress

The final Regulations Amending the Passenger Automobile and Light Truck Greenhouse Gas Emission Regulations for model year 2017 and beyond will be published in the Canada Gazette, Part II, on 8 October. These vehicles and fuels regulatory initiatives are aligned with those of the United States. GHG regulations.

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EIB to Contribute Up to €300M in Financing to Valeo for €645M Fuel Consumption and Emissions Reduction Projects

Green Car Congress

The European Investment Bank (EIB) will grant financing of up to €300 million (US$426 million) to Valeo for its current research projects aiming to reduce the fuel consumption and CO 2 emissions of cars and improve active safety. In 2008 the EIB signed loans totaling €57.6 Tags: Europe Financing Policy Vehicle Manufacturers.

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Aemetis to acquire Edeniq and its cellulosic ethanol technology

Green Car Congress

Edeniq’s capital light and operationally efficient solutions can be easily integrated into existing corn ethanol plants. Edeniq has developed patented innovations that unlock cellulosic and starch sugars through a combination of mechanical and biological processes.

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World Economic Forum Report: US$515 Billion Per Year Needed in Green Investments

Green Car Congress

The report’s authors, Max von Bismarck and Anuradha Gurung from the World Economic Forum, and Chris Greenwood and Michael Liebreich from New Energy Finance, argue that “ enormous investment in energy infrastructure is required to address the twin threats of energy insecurity and climate change. billion) in 2004.

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USDA closes on $105M loan guarantee to Fulcrum for biorefinery converting municipal waste to renewable jet fuel; first USDA loan for biojet

Green Car Congress

The purified syngas is processed through a fixed-bed tubular reactor where it reacts with a proprietary catalyst to form three intermediate FT products: a Heavy Fraction FT Liquids (HFTL) product; a Medium Fraction FT Liquids (MFTL) product; and a Light Fraction FT Liquids (LFTL) product, commonly called Naphtha.

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Obama Administration launches series of actions to accelerate EV adoption; inc. $4.5B in loan guarantees, pursuing 350 kW fast charge

Green Car Congress

During past eight years the number of plug-in electric vehicle models has increased from one to more than 20, battery costs have decreased 70%, and the number of electric vehicle charging stations has increased from less than 500 in 2008 to more than 16,000 today—a 40-fold increase. Dayton Power & Light Company. Duke Energy.

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