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Report Finds That Urgent Changes in Transport Financing Required to Enable More Sustainable Transportation Globally

Green Car Congress

The report, A Paradigm Shift Towards Sustainable Low Carbon Transport , finds that more than $1.5 The report, A Paradigm Shift Towards Sustainable Low Carbon Transport , finds that more than $1.5 Transportation is central to the social and economic activity of people across the world.

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Nikola secures $41.9M award to build six heavy-duty hydrogen stations in CA

Teslarati

million grant from the California Transportation Commission (CTC) to construct six hydrogen refueling stations for heavy-duty trucks across Southern California. Once a darling of the sustainable transport movement that even secured support from General Motors, Nikola has since faced notable challenges.

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President’s 2016 Budget requests $29.9B for DOE; 9% boost over FY 2015 enacted; $793M (2.7%) for sustainable transportation

Green Car Congress

Sustainable transportation. Sustainable transportation funding requests include: Vehicle technologies. alternative fuel vehicle community partner projects, which are new competitively-awarded projects to build strategically-placed, high-impact, community-scale demonstrations of alternative fuel vehicles.

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ADB Transport Forum: shift to greener transport in Asia key to global sustainability; investment of $2.5T needed by 2020

Green Car Congress

Asia must scale up sustainable transport development or face a bleak future of congested roads, pollution, ill health and economic damage, which could have ripple effects around the world, the third ADB (Asian Development Bank) transport forum heard earlier this month in Manila. Click to enlarge.

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Uber plans to launch EVs in a market that Tesla is eyeing for its next factory

Teslarati

Uber announced today that it has plans to launch a fleet of 25,000 electric vehicles in India, a country where Tesla could soon end up as years of speculation of the electric automaker building a new production facility there could culminate in the company’s newest location by the end of the year.

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Lucid signs agreement with Saudi Arabia for 155k unit capacity manufacturing facility

Teslarati

The agreements not only solidify the plans for the manufacturing plant, which is Lucid’s first outside of the United States, but also locks in funding, financing, and incentive plans to make the project possible. billion in aggregate over the next 15 years to build the facility in Saudi Arabia, it said.

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Swiss-Indian Alliance Sets Stage for Hyperloop Innovation; signs MoU – ET Auto

Baua Electric

Swiss-Indian Memorandum of Understanding Signing Ceremony New Delhi: Hyperloop pioneers Swisspod Technologies (Switzerland), and TuTr Hyperloop (India) have come together with the governments of Switzerland and India to sign a Memorandum of Understanding (MoU) aimed at advancing sustainable, high-speed transportation solutions in India.