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ADB leads $135M climate financing package for VinFast e-bus fleet and EV charging network in Vietnam

Green Car Congress

The Asian Development Bank (ADB) mobilized a $135-million climate financing package for VinFast Trading and Production Joint Stock Company (VinFast) for manufacturing Vietnam’s first fully-electric public transport bus fleet and first national electric vehicle (EV) charging network.

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Niron Magnetics secures $17.5M ARPA-E SCALEUP grant to boost production of FeN magnets

Green Car Congress

million grant as part of its Seeding Critical Advances for Leading Energy technologies with Untapped Potential (SCALEUP) program. Niron will use this financing to advance the commercial partnerships and pilot production of its rare earth-free Clean Earth Magnet, further demonstrating its potential to replace rare earth permanent magnets.

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LEVC Announces £1500 Finance Deposit Contribution On All New TX Taxi Models

CleanTechnica EVs

New campaign fully offsets the reduction in the Plug-in Taxi Grant (PiTG) which came into effect from April 2024 It is available on all new TX taxi models across all finance types offered by LEVC Financial Services with zero customer deposit and at a subsidised finance rate of 10.51% APR.

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EV Life is awarded CalSEED grant from the California Energy Commission to make financing electric cars cheaper than gas vehicles.

EV Life

The grant will fund the development of a fintech platform to empower EV buyers to save up to $200/month on electric vehicle loans. EV Life, a car site dedicated exclusively to electric vehicles, announced that it was 1 of 28 companies to win a CalSEED grant from the California Energy Commission (CEC).

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Europe’s Most Financed Luxury Car Brand

EV Info

Latest research from Specialist Car Finance Experts, Forza Finance , has revealed that BMW is the most popular luxury car brand to finance in 16 of Europe’s 44 countries including the UK & Ireland based on finance rather than sales or units. Forza – Car Finance Map of Europe Infogram.

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EV Grants slashed overnight

EV Info

On March 18th with no warning or discussion the EV grants used to help finance an EV or Plug in were removed, Plug-in car grant drops from £3k to £2.5k. Electric cars are already expensive and adding more to the price is a dead certain to slow down the ramp. What are they thinking? Use [link].

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UK accelerates end of sale of new gasoline and diesel cars to 2030, hybrids to 2035

Green Car Congress

The sale of hybrid cars will be allowed until 2035. billion) to accelerate the rollout of chargepoints for electric vehicles in homes, streets and on motorways across England, so people can more easily and conveniently charge their cars. To support the acceleration to electrification, the Prime Minister announced: £1.3 billion (US$1.7

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