Thu.Oct 01, 2020

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

Green Car Congress

Volvo Cars successfully placed its first green bond, raising €500 million from a diverse group of institutional investors and further increasing the company’s financial flexibility. 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

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Tri-motor Lucid Air already approaching Tesla Model S Plaid lap record

Green Car Reports

The rivalry between Lucid Motors and Tesla is heating up. Last week, Tesla unveiled the 1,100-horsepower tri-motor Model S Plaid, claiming a 0-60 mph time of less than 2.0 seconds, a quarter-mile time of less than 9.0 seconds, and a top speed of 200 mph. Lucid was already known to be developing a tri-motor version of its Air sedan, and on.

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Rolls-Royce completes ground-testing of technology set to power the world’s fastest all-electric plane: ACCEL

Green Car Congress

Rolls-Royce has completed testing of the technology that will power the world’s fastest all-electric plane. All the technology has been tested on a full-scale replica of the plane’s core—called an ‘ionBird’—including a 500hp electric powertrain powerful enough to set world speed records and a battery with enough energy to supply 250 homes.

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California has a $20M program for getting EVs to the underserved

Green Car Reports

California has begun dispersing $20 million in funding to help get more electric cars into underserved communities. The state's Clean Mobility Operations Voucher Pilot Program (CMO) has awarded voucher of up to $50,000 each to 24 nonprofits, local governments, transit agencies, and Native American tribes to conduct "Community Transportation Needs.

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How serious is Norway about climate change? So much that its streetlights self-dim

emissions global warming Norway climate change carbon dioxide youtube lighting

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Electrify America launches 8 solar-powered EV charging stations in rural Fresno County

Green Car Congress

Electrify America (EA), the largest open DC fast charging network in the US, is increasing access to sustainable electric vehicle (EV) infrastructure for rural Californians with the deployment of eight new solar-powered, off-grid charging stations across Fresno County. The eight are the first tranche of 30 Beam Global (formerly Envision Solar) EV ARC charging stations to be deployed by EA in rural areas of the state.

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Tesla-Lucid rivalry, Lynk & Co. in Europe, California EVs for all: Today’s Car News

Green Car Reports

A California program helps make EVs more accessible to those who might benefit the most. Lynk & Co. launches in Europe, with the opportunity to earn drivers money for sharing their vehicle. And the Lucid-Tesla rivalry heats up. This and more, here at Green Car Reports. Lucid claimed Wednesday that with its upcoming tri-motor version of the.

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Lynk & Co. launches in Europe with hybrids and PHEVs: Not just a car, a club

Green Car Reports

European marketing taglines for Geely’s Lynk & Co. ask: “Is it a car, a club, or a community? Yes.” Since its 2016 announcement, Lynk & Co.—if you can get past the name that sounds a lot like Lincoln to Americans—has been built around a solid collection of future-focused, technology-informed ideas than a.

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Dutch report suggests hydrogen exchange could catalyze hydrogen market

Green Car Congress

A hydrogen exchange, similar to electricity and gas exchanges, could act as a catalyst for a market for climate-neutral hydrogen, according to an exploratory study, “A Hydrogen Exchange for the Climate”, presented to Eric Wiebes, the Netherlands Minister of Economic Affairs and Climate Policy. Commissioned by the Ministry and prepared by Bert den Ouden, former CEO of the Dutch Energy Exchange, the report shows that a hydrogen exchange would create a win-win situation for all parties involved.

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UK's first EV energy tariff comparison site goes live

Discover EV

Whilst there is no shortage of price comparison sites out there, as a new entrant to the market, Rightcharge is a dedicated resource for those who have, or are looking to buy, an EV. Founded by Charlie Cook, formerly of Octopus Energy, it could be the one-stop shop EV owners have been looking for.

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Miltec UV receives DLA contract to demo UV production technology for solid-state Li-ion batteries

Green Car Congress

Miltec UV International has been awarded a contract from the Defense Logistics Agency, to demonstrate the cell technology to produce solid-state lithium-ion batteries using Miltec’s UV cured Gel Polymer Electrolyte. This technology will accelerate the advancement of solid-state lithium batteries. Miltec is working in partnership with Saft America, Inc.’s Cockeysville, MD location to develop and provide test cells fabricated with a novel UV cured polymer-based electrolyte on lithium metal anodes.

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Faurecia and Accenture partner on products and services for connected and autonomous vehicles

Brief

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Toru? buys 6 Solaris electric buses

Green Car Congress

Operator Miejski Zak?ad Komunikacji (MZK) in Toru?, Poland, has bought six Solaris electric buses. The vehicles, which will enter into service in about 18 months, will be recharged by day using fast pantograph chargers deployed in three locations in the city; at night they will be charged at the bus depot at Legionów street. These will be the city’s first electric buses.

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U of Toronto study finds US electrification of LDV fleet not a silver bullet for tackling climate change in vehicle sector

Green Car Congress

A new study by researchers at the University of Toronto has found that current US policies are insufficient to remain within a sectoral CO 2 emission budget for light-duty vehicles that is consistent with preventing more than 2?°C global warming. Current policies will create a mitigation gap of up to 19?GtCO 2 (28% of the projected 2015–2050 light-duty vehicle fleet emissions). 2015–2050 US light-duty fleet cumulative CO 2 emissions versus CO 2 budget under prospective future developments. a,b,

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Battery manufacturer Northvolt raises $600M to invest in capacity expansion, R&D and giga-scale recycling; Volkswagen kicks in more

Green Car Congress

European battery maker Northvolt signed a $600-million private placement, led by Baillie Gifford, Goldman Sachs Merchant Banking Division and Volkswagen AG, enabling the company to make further investments in expanding its production and recycling capacity as well as R&D activities to support the target of establishing 150 GWh of manufacturing capacity in Europe by 2030.