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

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

Green Car Congress

The proprietary modular capsule technology is significantly lighter than the current state of the art in hydrogen storage and is designed from first principles for flight and ground transport safety certification. Full-scale prototype of Universal Hydrogen's gaseous hydrogen module, with one capsule removed.

Hydrogen 397
article thumbnail

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.

article thumbnail

Volvo Cars successfully places first green bond, raises €500M

Green Car Congress

A green bond is a type of fixed-income instrument that is specifically earmarked to raise money for climate and environmental projects. The proceeds of the bond will be used to fund the design, development and manufacturing of fully electric cars in line with the company’s recently established Green Finance Framework.

Volvo 514
article thumbnail

Report: total investment of $8.1T in nature required over next 3 decades; tripling current investments needed by 2030

Green Car Congress

—“State of Finance for Nature”. It stresses the need to accelerate capital flows rapidly to nature-based solutions by making nature central to public- and private-sector decision-making related to societal challenges, including tackling the climate and biodiversity crises. A total investment of $8.1

Financing 296
article thumbnail

Electric Vehicle Spotlight: Financing Rivian R1S

EV Life

This article will explore the Rivian R1S, examining its available models and premium features and showcasing how financing the R1S through EV Life can save you both time and money. Rivian R1S Interior, Exterior & Safety Features The Rivian R1S is a luxurious all-electric SUV that combines performance and design.

article thumbnail

Electric Vehicle Spotlight: Financing Chevrolet Equinox EV

EV Life

We’ll also show you how to save a ton of money by financing your purchase through EV Life. The crossover features a clean front-end design, complete with thin headlights and a futuristic grille. Chevrolet Equinox RS The Chevy Equinox RS trims (2RS and 3RS) provide an even bolder, sportier design combined with advanced technology.