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Mastercard Foundation backs affordable e-mobility financing for women and youth entrepreneurs as Roam and 4G Capital launch an electric motorcycle financing program that saves riders KES 500 daily. Long term vehicle financing programs are as not as widely implemented in a lot of countries on the African countries, which raises.
I received an email today that Tesla Cybertruck financing is at its lowest to date. continued] The post Tesla Starts Offering 0% Financing on Model 3, 1.99% Financing on Cybertruck, $1,100 Subsidy in China appeared first on CleanTechnica. It feels a bit early to be pushing these out, but it has been similar in recent quarters.
has closed a $68,155,000 “Green Bond” private activity bonds offering to finance the construction of its renewable natural gas (RNG) project in Northwest Iowa. million in reimbursement for development, long lead equipment, and financing costs incurred during the development period upon closing of the Green Bond Offering.
Tesla Vice President of Finance Sendil Palani recently addressed claims from former secretary of labor and UC Berkeley Professor Robert Reich about the electric vehicle maker’s federal tax payments. The post Tesla VP of Finance corrects critic who claims that TSLA pays no taxes appeared first on TESLARATI.
During a press conference at NTEA Work Truck Week, Hino Trucks announced an expansion of its product range to include electric vehicles. Hino Trucks will offer an electric version of their M- and L- Series medium duty trucks branded Me Series and Le Series available in 2024.
a designer and manufacturer of light-duty, short-haul, and last-mile delivery electric vehicles (EVs), has launched the Electric Vaccine Vehicle (EVV). the world’s largest pure-play automotive fleet manager, will offer sales, financing solutions and vehicle management services throughout the vehicle lifecycle to EVV fleet operators.
million contract for 20 Proterra ZX5 Max electric transit buses, featuring more than 13 megawatt hours of battery storage energy, and two Proterra megawatt-scale fleet chargers. Designed and manufactured in the United States, Proterra’s electric transit buses are equipped with the company’s own battery technology systems.
Volvo Trucks received an order for 100 Volvo FM Electric trucks from DFDS, Northern Europe’s?largest The deal is the largest commercial order to date for Volvo electric trucks, and one of the largest yet for heavy electric trucks worldwide. DFDS has chosen a financing solution provided by Volvo Financial Services.
As part of the agreement the partners will offer aircraft leasing and financing solutions that enable operators to run zero-emission flights. MONTE and ZeroAvia aim to retrofit the aircraft for clients starting in 2024 and will provide and finance maintenance and hydrogen availability services to support these operations.
In Europe, Ford took another major step in its electrification transformation as Ford Pro revealed the first details of the all-new, all-electric, E-Transit Custom. The all-electric E-Transit Custom will enter production in the second half of 2023.
Lightning eMotors has announced a new model of its Class 3 Lightning Electric Transit Van. The new, longer-range Lightning Electric Transit Van is the fourth generation of its battery-electric and fuel cell electric platform, based on the Ford Transit 350HD chassis. —Tim Reeser, CEO of Lightning eMotors.
Enel X, Enel's subsidiary dedicated to innovative products and services, together with EV maker Arrival, have entered into a partnership to test the battery-electric bus in Italy. The aim is to foster the growth of electrified public transport globally through increasingly high-performance and competitive solutions.
received a purchase order for 500 of its all-electric C-1000 delivery vehicles from Pritchard Companies. Inventory financing will be provided by Hitachi Capital America as part of Workhorse’s previously announced strategic partnership with HCA. Workhorse Group Inc.
MagREEsource, a 2020 spin-off of the CNRS-Institut Néel that is commercializing processes for recycling rare-earth magnets and then remanufacturing new magnets from the recycled powders, has secured €5 million in financing and has opened its first pilot facility in Grenoble, with a capacity of 50 tons by 2023.
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.
Charging-as-a-service provider AMPLY Power is managing the charging of electric buses for Eastern Contra Costa Transit Authority, which is operating under the name Tri Delta Transit. AMPLY expects savings to increase as Tri Delta Transit expands its electric bus fleet in the future.
With the battery price not included in the vehicle sales price, nor in the finance payments, the costs are significantly lower to switch to an EV. Electric vehicles costing over RMB 300,000 are now eligible for subsidies only if they have the capability of battery swapping. NIO battery swap station. NIO’s 84 kWh battery for the ES6.
Denmark leads the way when it comes to putting zero-emission urban buses on the streets in Europe, with 78% of new vehicles being electric, according to the latest data from green NGO Transport & Environment. In 2019, less than 10% of their newly-registered urban buses were electric or hydrogen.
Volvo Group’s subsidiary Renault Trucks is pursuing its investment in electric mobility. From 2023, an all-electric Renault Trucks offer will be available for each segment, namely distribution, construction and long distance. Renault Trucks now offers a comprehensive all-electric range, from 3.1 to 26 tonnes. to 26 tonnes.
The New York City Council passed a bill mandating that the city’s school bus fleet be fully electric by 1 September 2035. Of the 960 currently managed by the City, 885 would still be need to be converted from diesel to electric as the City had previously committed to converting 75 school buses. billion through Fiscal 2035, or $310.9
SEA Electric Holdings Pty Ltd. recently closed initial private placement equity financing for total gross proceeds of approximately US$42 million. SEA Electric was founded in Australia in 2012, with a proprietary electric power-system technology (known as SEA-Drive) for the world’s urban delivery and distribution fleets.
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. A green bond is a type of fixed-income instrument that is specifically earmarked to raise money for climate and environmental projects.
Ford unveiled the all-electric 2022 F-150 Lightning Pro, a version of the electric F-150 Lightning ( earlier post ) targeted at commercial customers. The Pro joins E-Transit in the lineup of Ford work-ready electric vehicles, backed by a nationwide network offering EV-certified fleet sales, service and financing.
QUANTRON has unveiled its new 12m electric bus called CIZARIS. The new bus model in the Augsburg-based company’s bus portfolio will be launched as an all-electric version (CIZARIS 12 EV), followed in 2023 by a fuel cell drive (CIZARIS 12 H) that uses a largely identical powertrain.
Volta, a builder of commerce-centric electric vehicle (EV) charging networks, announced an oversubscribed Series D financing of $125 million. Goldman Sachs acted as exclusive placement agent to the company in connection with the financing. —Scott Mercer, Founder and CEO of Volta.
Tesla has launched a five-year, zero-interest financing deal for the new Model Y in China. The program was announced by the electric vehicle maker through its official Weibo account. New Model Y Sales So Far Teslas new five-year, zero-interest financing program comes amidst heightened competition in Chinas electric vehicle sector.
Volvo Trucks North America announced the commercial introduction and sales start of its zero tailpipe emission, battery-electric vehicle to the North American market. The Class 8 Volvo VNR Electric truck model has a scheduled production start of early 2021. Two tractor configurations – 4x2 with a 66,000-lb.
Domino’s is rolling out more than 800 custom-branded 2023 Chevy Bolt electric vehicles at select stores throughout the U.S., making it the largest electric pizza delivery fleet in the country. Domino’s has always been on the cutting edge of pizza delivery and electric delivery cars make sense as vehicle technology continues to evolve.
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.).
Polestar, the electric performance car brand jointly owned by Volvo Car Group and its parent Zhejiang Geely Holding, is open to take production orders for the Polestar 2 electric fastback. Polestar unveiled the car, which is positioned to take on the Tesla Model 3, in February 2019. Earlier post.).
AlphaStruxure , a provider of Energy as a Service (EaaS) solutions, announced an agreement to deploy an integrated microgrid and electric bus charging infrastructure project for Montgomery County, Maryland. AlphaStruxure is a joint venture between the Carlyle Global Infrastructure Opportunity Fund and Schneider Electric.
Lordstown Motors Corporation, a startup developing an all-electric pickup truck serving the commercial fleet market, merged with DiamondPeak Holdings Corporation, a special purpose acquisition company (SPAC). The combined entity will trade on the NASDAQ exchange under the ticker symbol “RIDE.”.
The Electrification Coalition has introduced its EV Policy Showroom, offering policymakers, EV advocates, industry partners and other stakeholders online access to easily navigable data and policy information on the deployment and adoption of electric vehicles and charging infrastructure.
Remember when the Tesla Model Y outsold every other electric car, anywhere in the world, all the time? According to Yahoo Finance, registration data from Germany’s Motor Transport Authority (KBA) shows the Volkswagen brand has delivered 49,200 electric cars in that country through the. That was then; this is now.
Adding another school district fleet electrification program to its growing list of customers, AMPLY Power has been selected to manage the charging of electric school buses for the Palermo Union Elementary School District in Northern California. The cost of electricity without managed charging could be as high as $0.20/kWh.
With the launch of the Tiago.ev, India’s first electric hatchback, the nation can take a giant leap forward in the quest for safe, clean and green mobility. and Tata Passenger Electric Mobility Ltd. —Shailesh Chandra, Managing Director, Tata Motors Passenger Vehicles Ltd.,
(ABIC), a special purpose acquisition company (SPAC), have entered into a definitive business combination agreement under which ABIC will combine with LiveWire, Harley-Davidson’s electric motorcycle division ( earlier post ), to create a new publicly traded company. LiveWire will also include STACYC, the all-electric balance bikes for kids.
London-based research and consulting firm Brand Finance has released its 2025 Brand Finance report, which ranks the value of the world’s most prominent companies. In this year’s rankings, Brand Finance’s study had about 175,000 respondents. billion in early 2024.
has been awarded a public tender for the supply of 120 E-WAY full electric city buses for Autoguidovie Group, the largest Italian privately owned local public transport company. IVECO BUS, a brand of Iveco Group N.V., Available both in standard and articulated versions (9.5, Available both in standard and articulated versions (9.5,
In response, Air Liquide, Groupe PSA, Schneider Electric and Valeo have set up a Task Force composed of about 30 purchasing and industrialization experts in order to define an action plan to increase the production of Air Liquide Medical Systems respirators.
Hercules Electric Vehicles—a Detroit-based startup—is opening a $20-million Series A investment round managed by CMD Global Partners, a boutique investment bank. Hercules is developing an all-electric sport pickup truck, the Hercules Alpha, which will be available in late 2022.
ZeroAvia is launching the development program for a 2MW hydrogen-electric powertrain for full-size regional aircraft. Existing investors Breakthrough Energy Ventures, Ecosystem Integrity Fund, Summa Equity, Shell Ventures, and SYSTEMIQ also participated in the financing. The program kick-off is supported by a new raise of $24.3
The South Coast Air Quality Management District (South Coast AQMD) is leading a landmark effort along with the California Air Resources Board (CARB) and the California Energy Commission (CEC) to deploy 100 battery-electric regional haul and drayage trucks across California.
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