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Volvo Cars successfully places first green bond, raises €500M

Green Car Congress

Volvo Cars successfully placed its first green bond, raising €500 million from a diverse group of institutional investors and further increasing the company’s financial flexibility. A green bond is a type of fixed-income instrument that is specifically earmarked to raise money for climate and environmental projects.

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Polestar announces goal of climate-neutral car by 2030

Green Car Congress

Polestar, the premium electric performance car brand founded by Volvo Cars and Geely Holding, has set a goal of creating the first climate-neutral car by 2030. Questions around the long-term carbon-storage capacity of forests and soils remain, as a forest might be logged, devastated by fire or altered by climate change.

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Polestar quadruples number of partners working on climate-neutral Polestar 0 car project

Green Car Congress

Polestar is welcoming twelve new partners to the Polestar 0 project to develop a climate-neutral car. Each partner will focus on certain materials, components and processes involved in the production of cars. Ovako : Engineering steel from 100% carbon-neutral operations and 97% recycled content. Earlier post.)

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Study: annual climate impact of wild pigs could be greater than 1.1M cars

Green Car Congress

By uprooting carbon trapped in soil, wild pigs (feral swine), are releasing around 4.9 million metric tonnes of carbon dioxide annually across the globe, the equivalent of 1.1 million cars, according to a new study by an international team led by researchers from The University of Queensland and The University of Canterbury.

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UGA study finds black carbon aerosols from GDI engines will worsen public health, climate; need for GPFs

Green Car Congress

The gasoline direct injection (GDI) engine is one of the most prominent technologies car manufacturers adopted to achieve the fuel economy and carbon dioxide emission goals established in 2012 by the US Environmental Protection Agency. A strong absorber of solar radiation, black carbon exhibits significant climate warming properties.

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Nissan to be carbon-neutral by 2050; 100? of new vehicle offerings in key markets to be electrified by early 2030s

Green Car Congress

has set the goal to achieve carbon neutrality across the company’s operations and the life cycle of its products by 2050. The company will also strive for greater energy and material efficiencies to support longer-term carbon neutrality ambitions. Nissan Motor Co.,

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Polestar announces first partnerships for the Polestar 0 Project to develop a climate-neutral car

Green Car Congress

Some of the world’s leading automotive industry suppliers, including SSAB steel, Hydro renewable energy, ZF electric powertrains, ZKW control systems and Autoliv safety equipment, are joining forces with intent to collaborate on the Polestar 0 Project, which aims to develop a truly climate-neutral car by 2030 ( earlier post ).

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