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Ford, Ford Credit introduce sustainable financing framework prioritizing EV, clean production, community investments

Green Car Congress

Objectives include expanding EV technology and charging infrastructure to remove obstacles to adoption and improve the customer experience, and EV and battery manufacturing to reduce emissions. A significant portion of related financing will go toward accelerating Ford’s leadership in electric vehicles.

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New lightweight metals institute will be headquartered in Detroit

Green Car Congress

The new $148-million lightweight metals manufacturing institute announced in February by President Obama ( earlier post ) will locate in the Corktown neighborhood of Detroit, officials from the American Lightweight Materials Manufacturing Innovation Institute (ALMMII) and the city announced today.

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FTA awarding $55M to 10 projects deploying battery-electric and fuel-cell buses

Green Car Congress

Sunline Transit Agency, in partnership with the Southern California Association of Governments, will receive funding to build and deploy five hydrogen electric hybrid fuel cell buses. BAE Systems, Ballard Power Systems and ElDorado National will team up to build the new zero-emission buses. Transit Authority of River City (TARC).

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