article thumbnail

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.

Vietnam 195
article thumbnail

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

EV Life

Since then, the company has developed a suite of EV shopping tools on its web platform to give car buyers everything they need to confidently switch from driving a gas vehicle to an electric car. This new CalSEED grant will fund the development of an EV Climate Loan platform.

article thumbnail

CARB approves $2.6B investment for clean cars, trucks, mobility options

Green Car Congress

The investments are part of California’s comprehensive strategy for improving air quality and reducing greenhouse gas emissions in the transportation sector, the state’s largest source of air pollution and climate-changing gases. The 2022 state budget expands these efforts by $6.1 billion—in addition to an existing multi-year $3.9

Clean 326
article thumbnail

Failure to equalise VAT on public charging a missed opportunity

My Energi

Last week (19 April), the UK Government ruled-out recommendations from the House of Lords Environment and Climate Change Committee to equalise VAT on public charging. [1] of Brits), [2] will experience far higher costs when it comes to running an electric car.

article thumbnail

 Comic Relief Department: Shell CEO Says The Best Way To Finance Clean Energy Is To Consume More Oil

CleanTechnica EVs

By Charles Morris A few years ago, when electric vehicles were considered an R&D project, the fossil fuel interests had little to say about them. Originally posted on EVANNEX.

Oil 125
article thumbnail

Report: Major changes needed to transport financing

Green Cars News

If the transport sector is to cope with the rapid growth in motor vehicle traffic and the related environmental and health issues then major changes are needed to how transport is financed. That’s the verdict of a new report by the Transport Research Laboratory entitled A Paradigm Shift Towards Sustainable Low Carbon Transport.

article thumbnail

California ARB awarding $1.6 million to LA for low-income EV carsharing pilot program

Green Car Congress

SB 1275 directs the Air Resources Board to establish a suite of equity programs aimed at making clean cars and trucks accessible to low- and moderate-income Californians. The funding for the project comes from fees collected under the state’s climate change law, AB 32. The Charge Ahead California campaign, which worked with Sen.