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OCSiAl receives approval for €300M Luxembourg graphene nanotube production plant and R&D center

Green Car Congress

OCSiAl , the world’s largest manufacturer of graphene nanotubes, has been granted approval by Luxembourg authorities for a production plant, together with an associated R&D center, in Differdange, Luxembourg. OCSiAl’s headquarters and one of the company’s three graphene nanotube development centers are already located in Luxembourg.

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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. As a first tangible step towards its 2040 vision the company aims to reduce its lifecycle carbon footprint per car by 40% between 2018 and 2025.

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Westport and Volvo Car to introduce V90 Bi-Fuel into Belgium and Luxembourg

Green Car Congress

Westport AB, a Westport Fuel Systems company, announced that Volvo Car will introduce the Bi-Fuel version of its new V90 station wagon in Belgium and Luxembourg. The Volvo V90 Bi-Fuel is produced at the Volvo Car factory in Gothenburg, Sweden. —Didier Hendrickx of Natural Gas Vehicle Association (NGVA) Belgium.

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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 bond was oversubscribed three-times, despite challenging global market conditions. 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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European car market logs best year for alternative fueled vehicles, lowest diesel share since 2001

Green Car Congress

The European car market remained stable during 2018, as 15.6 It was the best result since 2007, when the market peaked with 16.02 Strong results in Q2, where the market was up by 4.8%, and Q3, where the market was up by 1.1%, were enough to offset the large decline posted in Q4, where the market dropped by 7.5%

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bp pulse and APCOA to build EV hubs across Europe

Green Car Congress

Under the agreement, bp pulse plans to install ultra-fast charging at APCOA car parks—Urban Hubs—in Germany, Austria, Belgium, Luxembourg, The Netherlands, Poland and the UK over the next three years to help expand its charging network in city centers and further to accelerate urban e-mobility infrastructure throughout Europe.

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Euro car market has best H1 of century; diesels down 17%; AFVs up 31% for 5.4% of total; SUVs booming

Green Car Congress

The European car market recorded its best H1 performance of the century, with 8.6 million car registrations between January and June—a year-on-year increase of 2.7%. Despite uncertainty in the UK, where the market was down 6.3% They accounted for 56% of the total market in Norway, 13% in Finland and 11% in Sweden.

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