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EIB to Contribute Up to €300M in Financing to Valeo for €645M Fuel Consumption and Emissions Reduction Projects

Green Car Congress

The European Investment Bank (EIB) will grant financing of up to €300 million (US$426 million) to Valeo for its current research projects aiming to reduce the fuel consumption and CO 2 emissions of cars and improve active safety. Johnson Controls-Saft – the battery system. management of the vehicle. GKN – the transmission.

Financing 150
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US DOT Awards $100M in Recovery Act Funds to 43 Transit Projects to Reduce Energy Consumption and Greenhouse Gas Emissions

Green Car Congress

The US Department of Transportation (DOT) is awarding $100 million in Economic Recovery Act funding to 43 transit agencies for projects to reduce energy consumption and greenhouse gas emissions from both vehicles and facilities. The project includes quick-charging stations at this terminal layover in route to recharge bus batteries.

Emissions 256
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Wrightspeed secures $5M in funding for series hybrid drive system for high-performance vehicles and medium- to heavy-duty trucks; gas turbine as extender

Green Car Congress

the developer of the high-performance electric X1, has secured $5 million in a Series A financing from a private investor. The DDS platform includes: the battery system, electric motors and drive electronics, generator control system, vehicle dynamics control, user interface and the software control plane. Wrightspeed, Inc.,

Hybrid 275
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UC Berkeley Study Concludes Battery Switching Model Would Accelerate Mass-Market Adoption of Electric Cars; Baseline Scenario Projects EVs Reaching 64% of New LDV Sales in 2030

Green Car Congress

EV penetration with a battery swap model in three scenarios. In two other scenarios considered, a high oil price scenario (using EIA projections) and a battery swap operator-subsidzied scenario, EV new vehicle sales penetration reaches 85% and 86% respectively by 2030. Becker (2009). Click to enlarge. By 2020, 700,000 (26%) of the 2.7

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SGL Group and BMW Group JV to Build New Carbon Fiber Plant; Output Exclusively for Upcoming Megacity Vehicle

Green Car Congress

The new facility is an important element of both companies’ strategy to commercialize viable manufacturing of ultra light weight carbon fiber reinforced plastics (CFRP) for use in future vehicle concepts. These fibers are then processed into light weight carbon fiber fabrics at a second joint venture site in Wackersdorf, Germany.

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Financing a Tesla Model X Just Got Easier

EV Life

Previously, the Model X’s price tag exceeded those limits, but with the drop in price, potential buyers can now save even more money on the purchase of a new Tesla Model X. We will also show you how you can save big by financing your purchase through EV Life. Clean Cars 4 All. Colorado Electric Vehicle Tax Credit.

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Senators Kerry and Lieberman Release Details of Energy and Climate Bill; Incentives for Electric Drive and Natural Gas Vehicles

Green Car Congress

The American Power Act, released as a discussion draft, targets reducing greenhouse gas (GHG) emissions by at least 4.75% compared to 2005 levels by 2013; by at least 17% compared to 2005 levels by 2020; by at least 42% compared to 2005 levels by 2030; and by at least 83% compared to 2005 levels by 2050. compared to 2005 levels.).