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UK to invest $841M from 2015-2020 to boost ultra low emission vehicle industry

Green Car Congress

The UK government announced plans to invest £500 million (US$841 million) between 2015 and 2020 to boost the ultra low emission vehicle (ULEV) industry and help drivers both afford and feel confident using electric cars. The automotive industry is worth £11.2 LowCVP 2014-2015 workplan. billion (US$18.8

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Geely raises $400M via Green Bonds sale to develop and produce TX5 range-extended electric London taxis

Green Car Congress

The global green bonds market amounted to more than US$40 billion in 2015, with issuers including the World Bank, commercial banks, corporations and municipalities. In late 2015, the People’s Bank of China released the Green Financial Bond Directive, which outlines standards on how to use green bonds. million (US$25.4 million (US$67.5-million)

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Can your electric car be charged during the holiday travel rush that just passed?

Setec Powerr

At present, the domestic charging infrastructure industry has achieved certain results, and the “mileage anxiety” of new energy vehicle travel has also been somewhat alleviated. From 2015 to 2022, the number of new energy vehicles will increase steadily. The surge of new energy vehicles, charging piles stand in the wind.

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Lamborghini R&D vet flips to Apple for self-driving EV project

Teslarati

Taraborrelli said Lamborghini has been working to develop vehicle chassis for plug-in hybrid designs since 2015. Apple, on the other hand, is just making another move, flexing its corporate muscles to convince another automotive industry vet to move toward their EV development project. Lamborghini plans to invest $1.8

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Frost & Sullivan: carsharing membership to reach 9.8M in 2025; 19.9% CAGR

Green Car Congress

Travel and expense management company Certify’s Q2 analysis on business expense trends found that Uber, the popular ridesharing service, continues to grow with business travelers, comprising 55% of ground transportation receipts compared with taxi services at 43%. In Q1, Uber had 46% of receipts compared with taxis at 53%.

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Geely invests in Carbon Recycling Intl.; vehicles fueled by methanol from CO2, water and renewable energy

Green Car Congress

Geely’s Englon SC7 sedan was the first methanol-fueled car to receive approval from China’s Ministry of Industry and Information Technology. In late April 2015, Geely Auto deployed a first-of-its-kind fleet of 150 methanol-fueled taxis in the southern Chinese city of Guiyang in cooperation with the municipal government.

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Air Products provides hydrogen fueling station to Shell in Germany

Green Car Congress

The hydrogen used to power the vehicles is produced as a by-product of industrial process and brought to the site in a tanker. Air Products has signed a letter of intent (LoI) with the Clean Energy Partnership in Berlin, and the plan aims to extend the existing infrastructure up to 50 fueling stations by 2015.

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