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GE Capital to provide financing for electric motorcycle maker Brammo

Green Car Congress

GE Capital’s Commercial Distribution Finance (CDF) business has agreed to provide Brammo Inc. with inventory financing to support the expansion of its dealer network in the US. CDF already provides inventory financing for other brands of alternative fuel and hybrid motorsports products.

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Indianapolis plans to add 425 PHEVs and BEVs to municipal fleet by 2016

Green Car Congress

The City of Indianapolis will upgrade 425 non-police-pursuit sedans in its muncipal fleet to plug-in hybrid and battery electric vehicles by early 2016, cut the size of the fleet by 100 vehicles, and save $8.7 The Indy fleet would be the largest municipal fleet of electrified vehicles in the US. million over ten years.

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DOE labs study on costs and benefits of new transportation technologies the most comprehensive to date

Green Car Congress

There has been a lot of past research on the cost of vehicles and the cost of fuel, but these other operating costs haven’t been studied in quite the same detail before. There were gaps in the data, especially with respect to alternative fuel powertrains—electric vehicles, fuel cell vehicles.

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EcoDual partners with VFG to provide financing for dual-fuel natural gas conversions

Green Car Congress

EcoDual, LLC, a provider of diesel-to-natural-gas dual-fuel conversion systems for heavy duty diesel powered trucks has partnered with Vision Financial Group (VFG) to provide lease-to-own financing options for fleet owners seeking to convert to natural gas operation.

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Propel Fuels Announces $20M Funding Round to Expand Alternative Fuel Station Network Across California

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Propel Fuels, a retailer of clean, renewable fuels, announced a $20-million investment in the company. This funding will allow Propel to expand its network of alternative fuel stations into all major markets across California, supporting the state’s emissions reduction goals. A Propel Fuels E85/Biodiesel station.

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Virginia Governor signs legislation and executive order beginning transition of state vehicles to natural gas, electricity or other alternative fuels

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Virginia Governor Bob McDonnell has signed two pieces of legislation that promote the use of natural gas, electric or other alternative-fueled vehicles in the Commonwealth. He also signed a new executive order setting out the state alternative fuel plan required by House Bill 2282. —Governor McDonnell. Legislation.

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Pennsylvania awards $3M+ in 33 incentive grants for alternative fuel vehicles

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Pennsylvania has awarded more than $3 million in Fuel Incentive Grants (AFIG) to 33 companies, counties and organizations making the switch to compressed natural gas (CNG), liquefied natural gas (LNG), or propane for medium to light-weight fleet vehicles.