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IRENA report says tripling renewables investment required to reach 2050 climate goal

Green Car Congress

The 2020 edition of Global Landscape of Renewable Energy Finance highlights however, that while a cumulative US$1.8 Renewable energy investment slightly declined in 2018, with modest growth through 2019. Global landscape of renewable energy finance in 2017-2018. From Global Landscape of Renewable Energy Finance.

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EV Life is awarded CalSEED grant from the California Energy Commission to make financing electric cars cheaper than gas vehicles.

EV Life

EV Life was founded in 2019 with a mission to accelerate the adoption of electric vehicles. We are honored to have received this CalSEED award and are excited to begin building our incentive-based finance platform that will change the economics of owning an electric car, especially for drivers in disadvantaged communities.”.

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Ford to build more EV software capability at Chennai tech hub | Autocar Professional

Baua Electric

American automaker Ford, whch is known to be working on an affordable EV platform, is set to build more electric vehicle (EV) software capabilities at its Ford Business Solutions India operation, based in Chennai. This information is as per a tweet by TN Investment today.

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NFI Industries orders 60 Volvo VNR Electric trucks

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NFI started its electromobility journey with Volvo Trucks as part of the Volvo LIGHTS (Low Impact Green Heavy Transport Solutions) project that began in 2019. Earlier post.). Twenty of the trucks will be deployed as part of the Joint Electric Truck Scaling Initiative, or JETSI project. emission heavy?

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Tesla “Carflation:” UK study finds prices have risen up to 32% in just 3 years

Teslarati

While Tesla’s electric cars seemed like they were trending towards becoming more affordable a few years ago, the supply chain crisis and other headwinds faced by the company have resulted in vehicles like the Model S getting more expensive. UK-based vehicle finance firm Moneybarn recently shared one of its recent studies with Teslarati.

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bp to invest up to $8B additional in transition growth engines by 2030, for cumulative $55-65B over 2023-2030

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This compares to around 3% in 2019. This 2030 production would be around 25% lower than bp’s production in 2019, excluding production from Rosneft, compared to bp’s previous expectation of a reduction of around 40%. It continued to strengthen its finances, reducing net debt by $9.2 In 2022, bp invested $4.9

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BYD and AMPLY launch preferred partnership for EV charging infrastructure and energy services for commercial fleets

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The two companies aim to answer these challenges by providing bundled, affordable solutions and charging infrastructure that guarantees uptime. AMPLY and BYD have been working with joint customers since early 2019. —Vic Shao, CEO of AMPLY Power.

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