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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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Kia EV9: Green Car Reports Best Car To Buy 2024

Green Car Reports

That plus leadership in all aspects of charging make it Green Car Reports’ Best Car To Buy 2024. The 2024 Kia EV9 fits the form that many American households seek in a family vehicle, made fully electric but without a luxury price tag.

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Best Car To Buy 2024: Green Car Reports names 4 finalists

Green Car Reports

Once again, Green Car Reports is deciding which of this year’s new vehicles are cleanest, greenest, and best for treading lightly when thinking about the whole ownership experience. One of these will be named Green Car Reports Best Car To Buy 2024 on Jan.

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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. The €500-million, 6-year fixed rate senior unsecured green bond was issued under Volvo Cars’ Euro Medium Term Note program.

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Green NCAP LCA study shows detrimental climate and energy impact of increasing vehicle weight, including EVs

Green Car Congress

The results of the Life Cycle Assessment (LCA) of greenhouse gas emissions and primary energy demand of the cars tested by Green NCAP in 2022 show that the current and continuous trend towards larger and heavier cars, significantly increases the negative impact on climate and energy demand.

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Norwegian startup Blastr plans €4B green steel plant in Finland

Green Car Congress

Norwegian startup Blastr Green Steel is planning to establish a green steel plant with an integrated hydrogen production facility in Inkoo, Finland. Blastr’s project—the green steel plant together with the integrated hydrogen facility—will be among the largest industrial investments in Finland.

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Green Car Reports’ Best Car To Buy 2024: What didn’t make the cut

Green Car Reports

Last week we named four Green Car Reports Best Car To Buy 2024 finalists. Between the Hyundai Ioniq 6, Kia EV9, Nissan Ariya, and Toyota Prius Prime, one will earn the annual distinction.