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Volvo Cars successfully places first green bond, raises €500M

Green Car Congress

A green bond is a type of fixed-income instrument that is specifically earmarked to raise money for climate and environmental projects. The proceeds of the bond will be used to fund the design, development and manufacturing of fully electric cars in line with the company’s recently established Green Finance Framework.

Volvo 514
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Ford Pro and Deutsche Post DHL Group collaborate on electrification of last-mile delivery; > 2,000 electric vans by end of 2023

Green Car Congress

Underscoring the planned collaboration, Ford Pro will equip Deutsche Post DHL Group with more than 2,000 E-Transit electric delivery vans worldwide by the end of 2023 to enhance its leading position in using electric vans for last mile delivery worldwide.

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Volvo Buses officially launches the all-new plug-in Electric Hybrid bus

Green Car Congress

Volvo 7900 Electric Hybrid with overhead conductive charging station and pantograph extended. As previously announced ( earlier post ), Volvo Buses will officially launch the new plug-in 7900 Electric Hybrid bus at the International IAA Commercial Vehicles show in September. Volvo Electric Hybrid drive system. Click to enlarge.

Volvo 268
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JRC report assesses R&I in low-emission alternative energy for transport (ALT) in Europe; €2.3B spent from 2007-2020

Green Car Congress

Electricity is covered separately in the Transport electrification (ELT) roadmap. They can reduce carbon emissions and can be blended with fossil fuels (up to certain limits) for use in conventional engines with little modification required. Methane-based fuels (e.g. Ortega Hortelano, A., Stepniak, M., Gkoumas, K., Tsakalidis, A.,

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Growing Number of EU Countries Levying CO2 Taxes on Cars and Incentivizing Plug-ins

Green Car Congress

At present, 17 of the 27 EU Member States levy CO 2 -related taxes on passenger cars, and 15 governments provide tax incentives for electrically chargeable vehicles, according to the newly published European Automobile Manufacturers’ Association (ACEA) Tax Guide 2010. Overview of electric vehicle tax incentives.

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