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

Green Car Congress

The TCE framework builds upon and complements traditional Total Cost of Ownership (TCO) analyses. Success will take focused collaboration among policymakers, fleet owners, utilities and a wide range of capital providers each doing their part to accelerate the transition.

Financing 221
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LSE report calls for global investment of an additional $3T each year to drive economic recovery and transformation

Green Car Congress

It recommends that these should be a central part of the recovery packages of the G7 countries, which together should increase their annual investment by 2% of GDP, or $1 trillion, compared to pre-pandemic levels. The report highlights the potential for investments in zero-emissions energy and transport to create new jobs and economic growth.

Global 170
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Report: total investment of $8.1T in nature required over next 3 decades; tripling current investments needed by 2030

Green Car Congress

trillion finance gap between now and 2050, by “building back more sustainably”, by repurposing agricultural and fossil fuel subsidies and by creating economic and regulatory incentives. of projected economic stimulus spending. The report says that structural transformations are needed to close the US$4.1-trillion

Financing 296
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MIT Multi-Robot Mapping Sets New “Gold Standard”

Cars That Think

This article is part of our exclusive IEEE Journal Watch series in partnership with IEEE Xplore. If one robot finds itself in communications range with another robot, they can share map data, and use those data to build and improve a globally consistent map that includes semantic annotations. Does your robot know where it is right now?

MIT 141
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DOE to Award Up to $300M in Stimulus Bill Funding for Projects to Expand Use of Alt-Fuel and Advanced Technology Vehicles

Green Car Congress

The FOA modifies a much smaller and earlier-issued FOA by incorporating a supplemental $300 million appropriated by the American Recovery and Reinvestment Act (ARRA) of 2009 (the stimulus bill) for the Energy Policy Act (EPACT) of 2005 Section 721 to fund a competitive grant pilot program to be administered through the Clean Cities Program.

Stimulus 150
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Sandia’s Battery Abuse Testing Laboratory Awarded $4.2M

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million in funding is part of a $104.7 million economic stimulus package to further develop the nation’s efforts in clean energy and efficient technologies across seven DOE national laboratories. With the recent stimulus funds, the BATLab will be able to greatly increase the number of tests it does.

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PECO Expanding Fleet with NGVs & PHEVs

Green Car Congress

The utility is participating in a national consortium that recently was awarded a federal stimulus grant to purchase plug-in hybrid electric vehicles (PHEVs), and the company is buying more trucks to run on compressed natural gas (CNG) as well. The matching stimulus grant will provide up to $2.5 million for the vehicle conversions.

PHEV 186