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California governor proposes additional $6.1B in budget package for decarbonizing transportation in state; total $10B over 6 years

Green Car Congress

billion Proposition 98, $676 million Greenhouse Gas Reduction Fund, and $383 million Federal Funds) one-time over five years, with a focus on communities that are most impacted, bringing the total investment to $10 billion over six years to decarbonize the transportation sector. billion ($3.5 billion General Fund, $1.5

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8 development banks commit to provide more than $175B to scale up support for sustainable transport

Green Car Congress

The Asian Development Bank (ADB) and seven other multilateral development banks (MDBs) are committing to provide more than $175 billion of loans and grants for transport in developing countries over the next decade. Sustainable transport solutions are available. —ADB President Haruhiko Kuroda.

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German transportation major FlixBus enters India – ET Auto

Baua Electric

Moreover, FlixBus is exclusively operating premium bus models equipped with BS6 engines, adhering to stringent emission norms that significantly reduce pollutants, and reinforcing the dedication to sustainability. Our mission is perfectly fitting what India strives for – sustainable, safe and affordable travel options for all.

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UC Davis, ITDP study suggests global shift to public transport, NMT and away from cars could save $100T through 2050 and cut GHGs

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Fulton, UC Davis, examines how major changes in urban transport investments worldwide would affect urban passenger transport emissions as well as mobility by different income groups. gigatons of carbon dioxide annually—a 40% reduction of urban passenger transport emissions—by 2050. Further, an estimated 1.4

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Driving Towards a Sustainable Future: The Rise of Electric Autos in India

Baua Electric

As the second-most populous country in the world and one of the largest consumers of fossil fuels, India is making significant strides in adopting electric vehicles (EVs) as a solution to combat climate change and reduce air pollution. One of the main advantages is the significant reduction in greenhouse gas emissions.

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Zomato, Kotak Mahindra and Gogoro join hands to advance the ownership of EVs

Electric Vehicles India

On Tuesday, Gogoro announced that the partnership is to encourage the last-mile transportation sector’s rapid adoption of electric mobility. The businesses will provide low-cost loan terms and battery switching services to last-mile delivery partners so they may switch to environmentally friendly modes of transportation.

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ABI Research sees annual EV sales at 2.36M units worldwide in 2020; importance of autonomous EVs in Internet of Things

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Asia-Pacific will exhibit the strongest growth, driven by mounting pollution issues in its many megacities; however, true mass-market uptake will only start happening in the next decade. The study is part of the Intelligent Transportation Systems Research Service. million in 2020, representing a CAGR of 48%.

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