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

Green Car Congress

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. The successful placement shows that there is still a demand for sustainable investment opportunities, the company said.

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

Green Car Congress

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. As a first tangible step towards its 2040 vision the company aims to reduce its lifecycle carbon footprint per car by 40% between 2018 and 2025.

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SAIC introduces large electric panel van in Europe: Maxus EV80

Green Car Congress

The Maxus EV80 van has become the first fully electric large panel van on European roads, ahead of the brand’s full launch in 2019. Maxus offers a three-year bumper-to-bumper warranty, and a battery warranty of five years or 100,000 km. SAIC Mobility Europe was formally established in Luxembourg. SAIC Motor sold 6.49

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This Dutch City Is Road-Testing Vehicle-to-Grid Tech

Cars That Think

Hundreds of charging stations for electric vehicles dot Utrecht’s urban landscape in the Netherlands like little electric mushrooms. Given the rapid uptake of electric vehicles, many people are thinking hard about how to make the best use of all that rolling battery power. Concerns about battery wear and tear are abating.

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Arrival and Uber to collaborate on EV for ride-hailing industry; based on Small Vehicle Platform

Green Car Congress

Commercial electric vehicle company Arrival is partnering with Uber to develop an affordable, purpose-built electric vehicle (EV) for ride-hailing drivers. Arrival went public in March; the Arrival Car is the realization of the Small Vehicle Platform (SVP) referenced in the company’s Investor Deck.

London 186
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BMW eDrive Zones for PHEVs now available in 138 European cities

Green Car Congress

As electric mobility gathers pace, the BMW Group has consciously opted for fully electric models and plug-in hybrid technology. The company offers a total of 17 plug-in hybrid models in 95 markets worldwide. A BMW 3 Series Plug-In Hybrid can be charged almost 250,000 times from this amount.

BMW 186
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Canoo Pickup, Kia EV6, Honda and Mini EV Plans: EV Week in Review – Mar 9-15

EV Adoption

Another crazy week in the world of EVs, with lots of announcements on the automaker and battery front. The reveals of the Canoo pickup and Kia EV6 have heads turning and yet another automaker, BMW-owned Mini this time announced plans that it would only produce battery-electric vehicles from 2030. Batteries and Charging.

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