Remove Climate Remove Emissions Remove Financing Remove Grant
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

ClearFlame Engine Technologies secures $17M in Series A financing

Green Car Congress

ClearFlame Engine Technologies , a startup developing net-zero engine technology ( earlier post ), has secured $17 million in Series A financing, which will enable commercialization of the company’s innovative engine technology for the long-haul trucking, agriculture and power generation sectors.

Financing 318
article thumbnail

FHWA proposes rulemaking for states and municipalities to track and reduce GHG emissions

Green Car Congress

The US Department of Transportation’s Federal Highway Administration (FHWA) announced a Notice of Proposed Rulemaking ( NPRM ) for states and municipalities to track and reduce greenhouse gas (GHG) emissions. A Discretionary Grant Program for Charging and Fueling Infrastructure will provide $2.5 BIL also includes $7.2

Emissions 332
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

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
article thumbnail

Park City Transit deploying six Proterra electric buses; battery-lease financing model

Green Car Congress

Park City Transit has deployed Utah’s first zero-emission, battery-electric mass transit fleet, which will include six Proterra Catalyst FC+ buses. With its deployment of Proterra vehicles, the Park City region will become the first mountain resort community in the United States to operate a highly efficient, battery-electric transit service.

Financing 186
article thumbnail

California to transition clean vehicle rebate program to helping low-income residents

Green Car Congress

million zero-emission vehicles in use—two years ahead of schedule—and 1 out of 4 cars sold are clean vehicles. The CVRP program is part of California Climate Investments, which funds the program with auction proceeds from the state’s Cap-and-Trade program. Now, California has 1.5

Clean 271