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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.,

Financing 170
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Ford cutting F-150 Lightning production workforce by two-thirds

Teslarati

Ford is cutting its F-150 Lightning production workforce by two-thirds as the company continues to try and ramp manufacturing of electric vehicles and work toward profitability. The Michigan Assembly plant is getting a third shift as Ford continues to lean on gas vehicle sales to bolster its finances.

F-150 134
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VERBIO launches first cellulosic RNG plant in the USA

Green Car Congress

The VERBIO Nevada (Iowa) Biorefinery began producing renewable natural gas (RNG) on an industrial scale in December 2021. The integration of RNG and ethanol production, unique to VERBIO, incorporates advanced operational technology to build on the company’s successful experiences in Europe.

USA 195
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11 more GM facilities worldwide go landfill-free; total up to 122

Green Car Congress

Grand Rapids Operations (Michigan). Burton Warehouse and Distribution Center (Michigan). GM Heritage Center (Michigan). This is comparable to the greenhouse gas benefit of 15 million tree seedlings grown for 10 years. Colmotores Assembly (Colombia). Joinville Engine (Brazil). Zaragoza Assembly (Spain).

GM 225
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DOE to award $11M to 20 new Clean Cities projects for alt fuel cars and trucks

Green Car Congress

The US Department of Energy (DOE) is [link] about $11 million to 20 new projects to help states and local governments to develop the infrastructure, training, and regional planning needed to help meet the demand for alternative fuel cars and trucks, including vehicles that run on natural gas, electricity, and propane. Clean Energy.

Cleaning 308
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Swaying toward EV mobility

Electric Auto Association

Michael Peters, the CEO and cofounder of the electric vehicle (EV) car share service Sway Mobility , works with the Electric Auto Association (EAA) at the national level as treasurer, and at the local level as a ‘Lead Volunteer” for Drive Electric Northeast Ohio. “So Rental periods average approximately 1.5

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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 Federal Transit Administration reviewed more than $2 billion in applications for these funds.

Emissions 256