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

Zambia Proposes Removing Customs Duty on Battery-Electric Vehicles & Charging Systems

CleanTechnica EVs

Dr. Situmbeko Musokotwane, Zambia’s Minister of Finance and National Planning, announced that, “… to continue promoting the usage of clean energy as well as supporting the green economy and climate change mitigation, I propose the following measures: a) Remove customs duty on […] Here is some good news from Zambia.

Zambia 124
article thumbnail

Ford, Ford Credit introduce sustainable financing framework prioritizing EV, clean production, community investments

Green Car Congress

Ford Motor Company and its financing subsidiary, Ford Motor Credit Company, introduced the North America auto industry’s first sustainable financing framework, focusing on and paying for ambitious plans in vehicle electrification and other environmental and social areas. Vigeo Eiris, an arm of Moody’s Corp.,

Financing 170
article thumbnail

Niti Aayog gives proposal to RBI for electric vehicles purchase loans 

Electric Vehicles India

Niti Aayog gives proposal to RBI for electric vehicles purchase loans . For the faster adoption of electric vehicles in the country, the Reserve Bank of India is considering a proposal from the government’s policy think tank Niti Aayog to categorise loans to purchase electric vehicles under the priority sector lending (PSL) segment.

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

How Smart Energy Management for EV Charging Is Connected to the COP26 UN Climate Change Conference

Driivz

We found ourselves thinking about how Smart Energy Management for EV charging is connected to the COP26 UN Climate Change Conference; Countries from around the world continue to focus on reducing greenhouse gas (GHG) emissions as a key strategy for reducing the rate of global warming.

article thumbnail

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).