article thumbnail

Hampleton Partners: Autotech M&A remains constant, driven by EVs and charging

Green Car Congress

The latest Autotech & Mobility M&A Market Report from Hampleton Partners, the international M&A and corporate finance advisory firm for technology companies, shows that the appetite for Autotech & Mobility deals has remained consistent despite the impact of COVID disruption, the global semiconductor shortage and supply chain issues.

Charging 273
article thumbnail

San Pedro Bay Ports release draft of 2017 Clean Air Action Plan Update; $7-$14 billion price tag

Green Car Congress

The ports of Los Angeles and Long Beach released the draft of their proposed 2017 C lean Air Action Plan (CAAP) Update. A preliminary analysis estimates the cost of implementing the 2017 CAAP at $7 billion to $14 billion. The 2017 CAAP identifies the tougher measures needed to ratchet down emissions to zero or near-zero levels.

2017 150
article thumbnail

Audi offers up to €10,000 trade-in bonus for switching from Euro 1-4 diesels to Euro 6; biomethane benefit

Green Car Congress

Audi AG is offering trade-in bonuses to customers who switch to an Audi with Euro 6 standard from diesel-powered cars with emission standards Euro 1 through Euro 4. The bonuses offered by Audi are aimed at all drivers of diesel cars with the emission standards Euro 1 through Euro 4, regardless of the model or brand.

Audi 150
article thumbnail

BNEF: net-zero road transport by 2050 still possible, but big push needed

Green Car Congress

Sales of internal combustion engine vehicles already peaked in 2017 and BNEF expects the global fleet of ICE passenger vehicles to start to decline in 2024. Concessional finance has been a key enabler for the development of renewable power generation in emerging economies and could play a similar role in the EV sector.

article thumbnail

German OEMs to upgrade emissions control on 5.3M Euro 5 and 6 diesels, contribute to €500M Sustainable Mobility fund

Green Car Congress

million currently approved Euro 5 and 6 diesels in the country, according to the outcome of the “National Diesel Forum” held in Berlin today between the automotive industry and the German Federal and state governments. At Wednesday’s National Diesel Forum. This also includes the further optimization of the diesel drive.

Diesel 150
article thumbnail

BNEF: Global plug-in vehicle sales surge 63% year-on-year in Q3; China accounted for more than half of total

Green Car Congress

Plug-in electric vehicles sales surged to a record in the third quarter, largely driven by strong demand in China, according to a new report from Bloomberg New Energy Finance (BNEF). China accounted for more than half of global sales as its market for electric cars doubled amid government efforts to curb pollution.

Plug-in 150
article thumbnail

ADB: Projected cost of Uzbek Oltin Yo’l GTL plant increases by 37% to $5.6B

Green Car Congress

The project will produce 37,610 barrels per day (bbl/d) of GTL diesel, GTL kerosene, GTL naphtha and LPG using natural gas supplied by Uzbekneftegaz from the Shurtan fields. The majority of production will be GTL diesel and GTL kerosene.