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Ford, Ford Credit introduce sustainable financing framework prioritizing EV, clean production, community investments

Green Car Congress

Ford Motor Company and its financing subsidiary, Ford Motor Credit Company, introduced the North America auto industry’s first sustainable financing framework, focusing on and paying for ambitious plans in vehicle electrification and other environmental and social areas. Vigeo Eiris, an arm of Moody’s Corp.,

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Nissan launches sustainable finance framework to fund electric vehicle and sustainable technologies

Green Car Congress

Nissan Motor is launching a sustainable finance framework to help fund its next-generation electrified vehicles, batteries, environmental technologies, and new mobility services. The Nissan Sustainable Finance Framework will enable Nissan to raise funds needed to further enhance its sustainability efforts.

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Northvolt Secures $5 Billion in Financing For Circular Battery Factory

CleanTechnica EVs

The post Northvolt Secures $5 Billion in Financing For Circular Battery Factory appeared first on CleanTechnica. Northvolt has closed on a $5 billion green loan package that will help it expand production at its Ett factory in northern Sweden.

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California to transition clean vehicle rebate program to helping low-income residents

Green Car Congress

The California Air Resources Board will transition its existing Clean Vehicle Rebate Project (CVRP) program to a new program targeting low- and middle-income Californians. The program was originally designed to encourage the early adoption of emerging technology, and its goal was to accomplish a 16% market share for clean vehicles.

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EPA launches first $500M funding opportunity for $5B Clean School Bus Program

Green Car Congress

EPA’s new Clean School Bus Program will provide $5 billion over the next five years (FY 2022-2026) to replace existing school buses with zero-emission and low-emission models. Further Clean School Bus competitions will be run every year over the next five years. The Agency will also launch a grant competition later this year.

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CARB approves $2.6B investment for clean cars, trucks, mobility options

Green Car Congress

Supported projects range from incentives for cleaner trucks and buses, and mobility options such as bike- and car-sharing, to consumer rebates for clean cars. billion Fiscal Year 2022-23 Funding Plan for Clean Transportation Incentives will benefit priority populations. billion for clean trucks and buses, and off-road equipment.

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Clean Energy Ventures leads investment battery startups Nth Cycle and Volexion; upstream, downstream

Green Car Congress

Clean Energy Ventures , a $110-million venture capital firm investing in early-stage climate tech startups, is leading the investments in two battery startups: one in the upstream ( N th Cycle ) and one in the downstream ( Volexion ). million in funding from investors led by climate tech venture capital firm Clean Energy Ventures.

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