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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.

Vietnam 195
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Universal Hydrogen secures additional $62M in financing to accelerate first test flight of hydrogen-powered regional aircraft to 2022

Green Car Congress

While regional aviation represents a sizable market opportunity and an important early proof point in the fight against climate change, it is a small fraction of total aviation emissions. The gravity of climate change is forcing a tipping point in the green hydrogen ecosystem of producers, distributors, and consumers.

Hydrogen 397
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BNDES approves $92.5M lines of credit to support Eve’s eVTOL development program

Green Car Congress

The financing is subject to the negotiation and execution of definitive agreements between Eve and BNDES in connection with such credit lines, as well as the satisfaction of certain conditions to be set forth in such definitive agreements.

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Plug Power, Chart Industries and Baker Hughes to become cornerstone investors in FiveT Hydrogen Fund; clean hydrogen at scale

Green Car Congress

Plug Power, Chart Industries, Inc. Plug Power intends to commit €160 million ($200 million), and Chart Industries and Baker Hughes each intend to commit €50 million respectively ($60 million). The Fund will exclusively finance projects in the production, storage and distribution of clean hydrogen.

Hydrogen 170
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Group of 285 global investors with more than $20T in assets under management calls for urgent action on investment-grade climate change and energy policies; guidelines for governments

Green Car Congress

Saying that “ investment-grade climate change and clean energy policy is required to shift private sector investment from high-carbon to low-carbon assets ”, a group of 285 investors has urged governments and international policy makers to take new and meaningful steps in the fight against climate change.

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California Governor signs two bills to strengthen emission standard for trucks; Executive Order leverages $700B portfolio to strengthen climate resiliency

Green Car Congress

California Governor Gavin Newsom signed two bills to strengthen emission standards for trucks, semis and other high-pollution vehicles. Truck emissions. SB 44 by Senator Nancy Skinner (D-Berkeley) requires CARB to create a comprehensive plan for reducing greenhouse gas emissions from medium- and heavy-duty vehicles.

Climate 191
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RESPONSE TO CLIMATE CHANGE COMMISSION: Drive Electric’s advice on the second draft of the Emissions Reduction Plan (2026-2030)

Drive Electric

Our response to the draft advice Our response relates to: Chapter 9 Energy and Industry Chapter 11 Transport We are focused on the sections of the draft advice that relate to our mission to accelerate the uptake of e-mobility in New Zealand to support the decarbonisation transport. We have more than 70 members from the sector.