Remove Cost Of Remove Financing Remove France Remove Parts
article thumbnail

T&E: Denmark, Luxembourg, Netherlands lead deployments of zero-emission buses in Europe

Green Car Congress

Italy, Poland, Germany, the UK, Spain and France, which buy 70% of the urban buses sold in Europe, lag behind. However, Germany is now financing 80% of the higher purchase cost of e-buses. T&E said the EU’s €750-billion COVID recovery fund is a clear way to finance e-bus deployment.

article thumbnail

DOE awards $4M to carbon capture and storage projects selected as part of ACT

Green Car Congress

The US Department of Energy’s (DOE) Office of Fossil Energy (FE) announced $4 million in federal funding for national laboratories to collaborate with international partners on seven projects out of the 12 that were selected as a part of the Accelerating Carbon Capture and Storage Technologies (ACT) Initiative. million of which €31.5

Carbon 150
article thumbnail

EC approves €3.2B public support by 7 Member States for a pan-European battery push

Green Car Congress

The European Commission has approved under EU State aid rules an Important Project of Common European interest (IPCEI) jointly notified by Belgium, Finland, France, Germany, Italy, Poland and Sweden to support research and innovation in the common European priority area of batteries. billion in funding.

Battery 259
article thumbnail

Abellio, Alstom, NASA and Rolls-Royce to implement new hybrid drive solution on Coradia Lint diesel trains

Green Car Congress

The four partners plan to sign a contract covering the retrofit of at least three vehicles once the studies have been successfully concluded and financing is secured. The total operating costs of rail vehicles with MTU hybrid drives are also significantly lower.

Diesel 236
article thumbnail

Next 10 report finds California will meet or exceed original target of 1.5M ZEVs by 2025

Green Car Congress

Current trends suggest that barriers to EV adoption such as price, range, selection and charging-time will continue to diminish, as costs come down and technology improves. Total Cost of Ownership: An analysis of 17 popular 2017 models found ZEVs can already be price competitive now, without government incentives.

article thumbnail

Opinion: Oil Market ShowdownCan Russia Outlast The Saudis?

Green Car Congress

and China markets, while the Russian Finance Ministry recently backed away from a tax proposal which Russian crude producers said would reduce their output. The Finance Ministry sought a change in the mineral extraction tax formula to generate an additional 609 billion rubles in 2015 and 1.6

Russia 150
article thumbnail

Navigant Research forecasts new EV global sales of > 346,000 units in 2014; 10 predictions for the year

Green Car Congress

Possibilities include dramatic reductions in the cost of EV batteries that lead to more cost- competitive vehicles, greater state or federal incentives, or increasing taxes on fossil fuels. IER, which runs Autolib, is expanding to Lyon and Bordeaux in France and will have its initial U.S. Tesla Motors will have a bumpy year.

2014 346