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

Green Car Congress

A green bond is a type of fixed-income instrument that is specifically earmarked to raise money for climate and environmental projects. The financial community has a critical role to play in supporting sustainable development, including the transition to a low carbon economy. —Carla de Geyseleer, Chief Financial Officer.

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Ford Pro and Deutsche Post DHL Group collaborate on electrification of last-mile delivery; > 2,000 electric vans by end of 2023

Green Car Congress

Ford is targeting zero emissions for all vehicle sales and carbon neutrality across its European footprint of facilities, logistics and suppliers by 2035, and carbon neutrality globally no later than 2050. The order volume concentrates on the E-Transit panel vans designed for handling express shipments in the Americas and Europe.

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JRC report assesses R&I in low-emission alternative energy for transport (ALT) in Europe; €2.3B spent from 2007-2020

Green Car Congress

They can reduce carbon emissions and can be blended with fossil fuels (up to certain limits) for use in conventional engines with little modification required. Methane-based fuels (e.g. Alcohols, esters and ethers come in third place in terms of number of projects (31 projects) and funding received (€241 million). Ortega Hortelano, A.,

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Volvo Buses officially launches the all-new plug-in Electric Hybrid bus

Green Car Congress

The plug-in hybrid drive reduces diesel fuel consumption and carbon dioxide emissions by up to 75%, compared to a conventional diesel bus. Hamburg, Luxembourg and Stockholm will implement the new bus system in 2014 and 2015. Total energy consumption is reduced by 60%. Series production is scheduled to start in early 2016.

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Growing Number of EU Countries Levying CO2 Taxes on Cars and Incentivizing Plug-ins

Green Car Congress

The seventeen EU countries that levy passenger car taxes partially or totally based on the car’s carbon dioxide emissions and/or fuel consumption are: Austria, Belgium, Cyprus, Denmark, Finland, France, Germany, Ireland, Latvia, Luxembourg, Malta, the Netherlands, Portugal, Romania, Spain, Sweden and the United Kingdom.

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