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Enel X and Arrival partner to launch electric bus trials in Italy

Green Car Congress

Enel X, Enel's subsidiary dedicated to innovative products and services, together with EV maker Arrival, have entered into a partnership to test the battery-electric bus in Italy. The tests will be carried out by Enel X on the basis of an analysis matrix developed in-house to look at all the main features of the Arrival Bus.

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European Commission approves €4.7B public support scheme for advanced biomethane and biofuels in Italy

Green Car Congress

The scheme will also incentivize farmers to produce biofuel and biomethane from manure and other residues originating from their farming activities and use them in turn to power their agricultural machines and vehicles.

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Porsche opens first Charging Lounge

Green Car Congress

All electric and plug-in hybrid models from Porsche can be supplied with electricity at chargers manufactured by South Tyrolean electronic specialist Alpitronic. The charging processes use power from certified renewable sources. By 2030 we want over 80% of the cars that we deliver to be all-electric.

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Electra Vehicles, Inc. Announces $21 Million Financing Round led by United Ventures

Electra Vehicles

Electra Vehicles is a B2B company that provides AI-based software solutions to electric vehicles, electric fleets, and multiple battery-electric verticals for improved battery pack range, lifetime, and safety performance. Boston, USA & Milan, Italy, 22nd February 2023 - , Electra Vehicles, Inc. ,

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Volvo Car Group boosts production of V60 PHEV by 90%; 7,600 units in 2013

Green Car Congress

Volvo Car Group (Volvo Cars) is ramping up production of the V60 Plug-in Hybrid ( earlier post ) by 90% to meet demand, especially in Holland, Belgium and Italy. All in all, Volvo Cars will produce 7,600 plug-in hybrids in 2013, with a 2014 target of 10,000 units. The two companies have financed the development project jointly.

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BorgWarner to acquire Sevcon in $200M deal

Green Car Congress

a designer and manufacturer of controls and battery chargers for electric and hybrid vehicles, has entered into a definitive merger agreement with BorgWarner Inc. BorgWarner will acquire all of the outstanding shares of Sevcon’s common stock for $22.00 The transaction is not subject to a financing condition. Sevcon, Inc.,

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Report from the REFF-Wall Street; Themes in Renewable Energy Finance

Green Car Congress

Green Car Congress attended the Renewable Energy Finance Forum - Wall Street (REFF-Wall Street) conference (23-24 June) sponsored by Euromoney Energy Events and the American Council on Renewable Energy (ACORE). Renewable energy projects are frequently financed with project rather than corporate finance. by Bill Cooke.

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