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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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EPA and DOE to provide more than $1B to reduce methane emissions from oil and gas sector

Green Car Congress

The US Environmental Protection Agency (EPA) and US Department of Energy (DOE) are partnering to provide more than $1 billion in funding to help reduce methane emissions from the oil and gas sector through the creation of the Methane Emissions Reduction Program.

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Polestar quadruples number of partners working on climate-neutral Polestar 0 car project

Green Car Congress

Polestar is welcoming twelve new partners to the Polestar 0 project to develop a climate-neutral car. The transport sector is the fastest-growing greenhouse gas (GHG) emitting sector, expected to reach a share of more than 30% of total GHG emissions in the future, according to the United Nation’s Environment Programme. Earlier post.)

Climate 273
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Fisker targets delivery of climate-neutral vehicle by 2027

Green Car Congress

Fisker aims to produce a climate-neutral vehicle by 2027. The company seeks to utilize only climate-neutral materials in products and use only climate-neutral services to support the business. The company recognizes the challenges of producing and delivering products without creating greenhouse gas (GHG) emissions.

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UK delay of ban on gas models irks automakers, climate groups

Green Car Reports

government on Wednesday said it would seek to delay a ban on the sale of gasoline and diesel cars that lack a charge port by five years—irritating both automakers and environmental groups. In 2018, the U.K. introduced a Road to Zero program that would require 50% plug-in vehicles by 2030 and 100% by 2040. Then in 2019 it moved to.

Climate 131
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Study: 25% EV adoption would save US $17B annually from avoided climate change & pollution damages

Green Car Congress

A new study led by researchers from Northwestern University projects that if electric vehicles replaced 25% of combustion engine cars currently on the road, the United States would save approximately $17 billion annually by avoiding damages from climate change and air pollution. The open-access paper is published in AGU’s journal GeoHealth.

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Ford, U Mich study finds greater greenhouse gas reductions for pickup truck electrification than for other light-duty vehicles

Green Car Congress

Cumulative greenhouse gas emissions versus vehicle mileage for (a) internal combustion engine and battery electric sedans, SUVs, and pickup trucks, and (b) hybrid electric and battery electric sedans, SUVs, and pickup trucks. This is an important study to inform and encourage climate action. Woody et al. —Woody et al.

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