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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.

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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.

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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.

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UK unveils new plan to cut NO2; sale of new conventional gasoline and diesel cars to end by 2040; focus on local action

Green Car Congress

Among the many policy and funding details in the UK Plan for Tackling Roadside Nitrogen Dioxide Concentrations , produced by Defra and the Department for Transport is the cessation of the sale of all new conventional gasoline and diesel cars by 2040. —UK plan for tackling roadside nitrogen dioxide. billion (US$3.5 billion (US$3.5

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Velocys receives FONSI from USDA for planned Mississippi biorefinery; wood waste to drop-in fuels

Green Car Congress

Velocys has engaged the global leading project finance bank, Sumitomo Mitsui Banking Corporation (SMBC), as the lender of record and as its financial advisor. The FONSI was issued as part of Velocys’ ongoing development of a 100-acre site in Natchez that the company secured in October 2017.

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ARTBA says new 54.5 mpg fuel efficiency standard would result in $65+ billion in lost revenue for highway and transit projects

Green Car Congress

miles per gallon equivalent (mpge) between 2017 and 2025 ( earlier post ) would result in the loss of more than $65 billion in federal funding for state and local highway, bridge and transit improvements, according to an analysis by the American Road & Transportation Builders Association (ARTBA). Summary of the analysis. Click to enlarge.

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Pike Research forecasts global biofuels market to double by 2012 to $185.3B

Green Car Congress

the global gasoline market will reach an estimated 375 billion gallons per year (BGPY) in 2021, while demand for diesel in ground transportation markets will reach at least 427 BGPY. Governments are expected to retreat from stimulus investment highs, shifting financing. access and dictating terms for accessing financing.

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