Remove Cost Of Remove Financing Remove Poland
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

Volkswagen Group to invest $106 billion over next 5 years in Automotive Division

Green Car Congress

These include spending to expand capacity, a new Crafter plant in Poland and the new Audi plant in Mexico. These investments will be financed from the joint ventures’ own funds. In addition to spending on capex, the plans also include capitalized development costs of €21.9 billion (US$29 billion) over the next five years.

Poland 317
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

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.

Batteries 259
article thumbnail

BNEF: producing battery materials in the DRC could lower supply-chain emissions and add value to the country’s cobalt

Green Car Congress

The Democratic Republic of the Congo (DRC) can leverage its abundant cobalt resources and hydroelectric power to become a low-cost and low-emissions producer of lithium-ion battery cathode precursor materials, according to a new study on a unified African supply chain by BloombergNEF (BNEF). Source: BNEF.

Africa 221
article thumbnail

BNEF: global investment in energy transition hit $500B in 2020; $139B on EVs and infrastructure

Green Car Congress

This has been due to two factors: the decline in upfront costs of the vehicles—driven by falling battery prices—and changes in predominant duty cycles of vehicles sold in developed economies (Europe, US). The year also saw the largest single solar park ever funded, the 2GW Al Dhafrah in the United Arab Emirates, at a cost of $1.1

2020 259
article thumbnail

Is Europe’s Nuclear Phaseout Starting to Phase Out?

Cars That Think

Some of these anti-nuclear forces have recently found a sparring ground with France in drafting the EU’s sustainable finance taxonomy , which delineates particular energy sources as “green.” This row over green finance obscures an unfortunate reality: it’s uncertain how the power once generated by fission will be made up if plants go offline.

France 98
article thumbnail

Price pressures continue to impact used LCVs in Europe

Baua Electric

Autovista Group experts from Germany, Poland, and the UK consider the causes with Autovista24 editor Tom Geggus. As demand slows, manufacturers have attempted to stoke interest by adjusting the cost of new models. So, how have these influencing factors become apparent in Germany, Poland, and the UK?

Price 52