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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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Volvo Cars raises €500M for electrification through second green bond issue

Green Car Congress

Volvo Cars successfully placed its second green bond to raise €500 million from a diverse set of global investors. All proceeds are earmarked for funding and accelerating the company’s transformation towards becoming a fully electric carmaker by 2030 and becoming climate-neutral and circular by 2040.

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Geely Auto forms new premium electric car company Zeekr; SEA EV architecture

Green Car Congress

Geely Auto Group (Geely Auto) officially announced the widely reported formation of Zeekr—a new electric mobility technology and solutions company based in China that will serve growing global demand for premium electric vehicles. Zeekr aims to deliver a new electric vehicle to market each year in the coming five years.

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Elon Musk Super Bullish on Chinese Electric Car Companies

CleanTechnica EVs

continued] The post Elon Musk Super Bullish on Chinese Electric Car Companies appeared first on CleanTechnica. Tesla’s recent conference call for investors was packed full of little nuggets, and some big nuggets. We covered the Tesla.

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Volvo Cars to triple electric car production capacity in Ghent after strong year of electrified car sales

Green Car Congress

Volvo Cars is tripling electric car manufacturing capacity at its plant in Ghent, Belgium as it prepares to meet fast growing demand for its Recharge line-up of chargeable cars. The share of Recharge cars as a percentage of total sales more than doubled in 2020, compared to 2019. in the region for the whole year.

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Chevy Bolt EV payment, Hertz brakes on Tesla, two-wheel electric car: Today’s Car News

Green Car Reports

A concept EV challenges the notion that electric cars need four wheels, or even three. One company pushes ahead with plans for U.S.-made This and more, here at Green Car Reports. Hertz backs away from its ambitious EV plans. made solid-state cells. The 2020-2022.

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Volvo Cars Tech Fund invests in electric car charging company FreeWire

Green Car Congress

Volvo Cars has acquired a stake in mobile EV rapid charging company FreeWire Technologies ( earlier post ) via the Volvo Cars Tech Fund. FreeWire is a San Francisco-based company that has been a pioneer in flexible fast-charging technology for electric cars. kW or DC fast charging at 50 kW.

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