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GlobalData: Hydrogen market growth to surge in 2023 despite slowing global economy

Green Car Congress

—Andres Angulo, Energy Analyst at GlobalData Despite the high number of partnerships formed between companies as compared to government agencies, investing and raising capital were of the utmost importance to developing the hydrogen economy in 2022. On the other hand, venture finance deal values also grew from $595.23

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Cholamandalam sees rural demand boom in vehicle financing | Autocar Professional

Baua Electric

Cholamandalam Investment and Finance Company Limited, a major participant in India’s vehicle financing sector, reported a significant surge in demand, particularly in rural markets. The post Cholamandalam sees rural demand boom in vehicle financing | Autocar Professional appeared first on Bauaelectric Auto News.

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Scania introduces new generation of electric trucks for regional long-haul

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With 624 kWh of batteries installed, Scania provides the means for a major shift regarding electric trucks and their operability in regional long-haul operations. Scania-45-R-BEV. With the new Scania trucks, customers will be able to operate rigids or tractor-and-trailer combinations such as temperature-controlled food transports.

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Kenya’s Largest Commercial Bank, KCB, Partners With BasiGo Kenya To Finance Electric Buses For Public Transport Operators

CleanTechnica EVs

In a major boost for electric mobility in Kenya, the country’s largest commercial bank, KCB Bank Kenya Limited, a subsidiary of KCB Group Plc, has partnered with BasiGo to finance electric buses for public transport operators.

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Senate Finance Committee Approves $12,500 EV Tax Credit Bill

The Truth About Cars

On Wednesday, the Senate Finance Committee advanced the Clean Energy for America Act making a few tweaks from earlier proposals. The post Senate Finance Committee Approves $12,500 EV Tax Credit Bill appeared first on The Truth About Cars. It’s good news for General Motors, which recently begged the government for just […].

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IEA: nuclear power can play a major role in transition to low emissions energy systems; Russia, China leading on new reactor starts

Green Car Congress

In countries that choose to continue or increase their use of nuclear power, it can reduce reliance on imported fossil fuels, cut carbon dioxide emissions and enable electricity systems to integrate higher shares of solar and wind power. —IEA Executive Director Fatih Birol.

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Hyundai Motor to establish hydrogen refueling station for fuel cell electric buses at Incheon Airport with partners, provide buses

Green Car Congress

Hyundai Motor Company is partnering with Incheon International Airport Corporation (IIAC), Air Liquide Korea and Hydrogen Energy Network (HyNet) to establish a hydrogen refueling station for fuel cell electric buses at Incheon Airport’s Terminal 2 by March 2021. In September 2019, Hyundai and Cummins Inc. Earlier post.).

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