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Workhorse Group secures $35M in financing from Marathon Asset Management; $1.3M battery purchase by Duke Energy

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a manufacturer of electric-mobility solutions to the transportation sector ( earlier post ), closed a $35-million financing with Marathon Asset Management. The remaining $25 million will function as a revolving credit facility from which Workhorse may draw down as necessary to meet existing and future purchase orders.

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Rio Tinto launches START: the first sustainability label for aluminum using blockchain technology

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START will help customers meet the demand from consumers for transparency on where and how the products they purchase are made. Our vision is that our customers can showcase the sustainability of the aluminum they purchase from Rio Tinto to their consumers, delivering full value from our responsible production. Earlier post.).

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Moscow plans to buy 500 more electric buses in 2022

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Most of them will be purchased with the funds from the green bonds. The funds received from the placement of green bonds were earlier used to purchase 400 electric buses. Today nearly half of the Moscow e-bus fleet has been financed by green bonds. Next year Moscow plans to purchase 500 more eco-friendly buses.

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RATP splits ~800 electric bus order between HeuliezBus, Bluebus/Bolloré and Alstom/Alstom Aptis

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The up to €400-million order is the result of a consultation launched in January 2018, the aim of which was to accelerate the renewal of the RATP bus fleet. RATP plans to launch soon a new consultation for the bulk purchase of electric buses in order to continue the rapid conversion of its bus fleet.

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BNEF: EV company fundings bright spot as clean energy investment slips in Q3 quarter; 3 China EV companies raise $1.9B

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billion in the third quarter of 2018, down 6% from the same period last year, according to the latest Clean Energy Investment Trends report from research company Bloomberg NEF (BNEF). Looking at the third-quarter global investment figures by type, asset finance of utility-scale renewable energy projects came to $49.3 billion for 300MW.

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Obama climate plan calls for new fuel economy standards for heavy-duty vehicles post-2018; cleaner fuels and investment in advanced fossil energy

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Among the transportation-related elements of US President Barack Obama’s new climate action plan, which he is outlining today in a speech at Georgetown University, is the development of new fuel economy standards for heavy-duty vehicles post-2018. Earlier post.). Climate Change Emissions Fuel Efficiency Fuels Heavy-duty Policy'

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Lightning eMotors introduces new generation 4 Lightning Electric Transit Class 3 Van; battery-electric and fuel cell electric variants

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Lightning eMotors Credit and Ford Motor Credit financing is available along with electric vehicle vouchers and incentives, which are accessible in many states. Over the past 10 years, HVIP has committed to supporting the purchase of more than 4,000 zero-emission trucks and buses with vouchers requested by California fleets.