Green Car Congress
JANUARY 17, 2021
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 Luxembourg and the Netherlands about two-thirds of new buses were zero-emissions.
Green Car Congress
OCTOBER 1, 2020
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. The settlement date is expected to be 7 October 2020 and the bonds will be listed on the Luxembourg Stock Exchange.
Green Car Congress
DECEMBER 10, 2022
Now, the EIB’s financing will help it to develop and install a set of larger machines to demonstrate the first-of-its-kind production of the anode material at industrial scale. This financing is supported by the InnovFin Energy Demonstration Projects of the European Commission, funded by EU’s research & innovation framework program.
Green Car Congress
SEPTEMBER 24, 2018
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 hybrid drives combine a modern diesel engine with an electric motor and batteries to recover braking energy, reducing fuel consumption and CO 2 emissions by up to 25%.
Green Car Congress
NOVEMBER 14, 2013
The conventional hybrid offers up to 37% fuel savings compared to a diesel version and 40-50% lower exhaust emissions. Hamburg and Luxembourg have already signed contracts for supplies of the buses in 2014 and 2015. The project is co-financed by Life+, the EU’s financing program for environmental projects.
Green Car Congress
NOVEMBER 6, 2013
Tesla introduced its lease-sale hybrid financing product for the Model S through one of the company’s specified banking partners at the beginning of Q2. Non-GAAP automotive gross margin (excluding zero emission vehicle or ZEV credits) rose to 21% from 14% last quarter. The company is now producing 550 cars per week.
EV Adoption
MARCH 15, 2021
Death rattle of the internal combustion engine sparks a political battle – A nine-country coalition led by the Netherlands and Denmark called on the European Commission to decide on a phaseout date for the internal combustion engine as part of efforts to curb emissions and put the bloc on track to meet its climate targets.
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