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New York City Council passes bill mandating all city school buses be electric by 2035

Green Car Congress

The New York City Council passed a bill mandating that the city’s school bus fleet be fully electric by 1 September 2035. Of the 960 currently managed by the City, 885 would still be need to be converted from diesel to electric as the City had previously committed to converting 75 school buses.

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T&E: Denmark, Luxembourg, Netherlands lead deployments of zero-emission buses in Europe

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Denmark leads the way when it comes to putting zero-emission urban buses on the streets in Europe, with 78% of new vehicles being electric, according to the latest data from green NGO Transport & Environment. In 2019, less than 10% of their newly-registered urban buses were electric or hydrogen.

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Volvo Cars raises €500M for electrification through second green bond issue

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All proceeds are earmarked for funding and accelerating the company’s transformation towards becoming a fully electric carmaker by 2030 and becoming climate-neutral and circular by 2040. Volvo Cars was the first established car maker to commit to full electrification and aims to sell only pure electric cars by 2030.

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

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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. A green bond is a type of fixed-income instrument that is specifically earmarked to raise money for climate and environmental projects.

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Uber and Wallbox to expand partnership to all of the US

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Uber and Wallbox, a leading provider of electric vehicle (EV) charging and energy management solutions worldwide, are expanding their partnership nationwide following a pilot program. Wallbox’s worldwide best-selling charger, Pulsar Plus, became an Amazon USBest Seller in just a few months.

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Ford Pro now shipping E-Transit electric vans to European customers from Ford Otosan plant in Turkey

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Ford Pro is now shipping the first production units of its all-electric E-Transit van to customers across Europe from the Ford Otosan factory in Kocaeli, Turkey, a milestone that closely follows the start of deliveries to US customers from Kansas City Assembly Plant in February. —Hans Schep, general manager, Ford Pro, Europe.

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Electric pickup startup Lordstown Motors goes public via SPAC; $1.6B transaction

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Lordstown Motors Corporation, a startup developing an all-electric pickup truck serving the commercial fleet market, merged with DiamondPeak Holdings Corporation, a special purpose acquisition company (SPAC). The combined entity will trade on the NASDAQ exchange under the ticker symbol “RIDE.”.

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