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New report showcases innovative finance tools to electrify truck, bus fleets; TCE Toolkit

Green Car Congress

Broader collaboration among key stakeholders and a new generation of finance solutions will be needed to electrify trucks and buses at scale by 2050, according to a report released today by Environmental Defense Fund (EDF), MJ Bradley and Vivid Economics. —“Financing the Transition”. —“Financing the Transition”.

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Bank of America introduces residential EV charger financing

Teslarati

Bank of America made a drastic step forward today to make at-home residential electric vehicle chargers an easier purchase for car buyers. BoA said it would allow consumers the option to finance residential electric vehicle chargers alongside their auto loans through the bank. With the nationwide EV outlook expected to reach 26.4

Financing 145
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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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Ohio-based electric motorcycle maker raises $7M to build bikes in the US

Electrek

LAND, a Cleveland-based electric motorcycle maker and battery technology company, recently wrapped up a successful Series A financing round, surpassing their fundraising goal by over US $1 million. more… The post Ohio-based electric motorcycle maker raises $7M to build bikes in the US appeared first on Electrek.

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Stellantis partners with Archer to build electric aircraft

Teslarati

Stellantis announced a partnership with Archer Aviation to build the all-electric Midnight electric vertical take-off and landing (eVTOL) aircraft. We expect this will provide meaningful cash flows to help finance build out of our UAM network. “Our planned OEM line of business.

Building 145
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Pace purchases 20 Proterra ZX5 electric buses and EV fleet charging infrastructure

Green Car Congress

million contract for 20 Proterra ZX5 Max electric transit buses, featuring more than 13 megawatt hours of battery storage energy, and two Proterra megawatt-scale fleet chargers. Designed and manufactured in the United States, Proterra’s electric transit buses are equipped with the company’s own battery technology systems.

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TECO 2030 aims to build hydrogen fuel cell gigafactory in Norway

Green Car Congress

Our ambition is to build an advanced innovation center combined with a giga factory, meaning that we will produce fuel cells with a capacity of 1200 megawatts, or 1.2 Financing alternatives are being evaluated. gigawatt, per year. This corresponds to several hundred million euros in annual turnover.

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