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H2X Global secures US$57M from Verde Mobility to deliver on US$300M in fuel cell vehicle orders

Green Car Congress

The deal will finance the delivery of H2X Global’s US$300 million in purchase agreements for vehicles that include the Warrego (utility vehicle), Paroo (garbage/deliver/concrete trucks), and Swan (passenger bus). The funds will also support H2X Global’s planned listing on the London Stock Exchange.

Global 195
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Transport for London package of measures to tackle pollution levels at the busiest roads in central London; Dust suppressants and Eco-marshals

Green Car Congress

Transport for London (TfL) recently announced a package of measures to tackle pollution levels at the busiest roads in central London. This kicks off with a small team of eco-marshals who will monitor taxi ranks at busy central London mainline stations and other on street ranks where air quality is particularly poor.

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UK accelerates end of sale of new gasoline and diesel cars to 2030, hybrids to 2035

Green Car Congress

Nature: Protecting and restoring the natural environment, planting 30,000 hectares of trees every year. Innovation and finance: Developing the technologies needed to reach these new energy ambitions and make the City of London the global center of green finance.

Gasoline 304
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Baker Institute report: China has positioned itself as a gatekeeper to the energy transition; nickel case study

Green Car Congress

The report notes that on 8 March 2022, the London Metals Exchange (LME) abruptly halted trading in nickel, which had reached $100,000 per tonne. There are also unanswered questions about how to even finance electrification or road construction and maintenance given lost revenues from fuels taxes, Foss said.

China 416
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Shipping sector proposes US$5 billion R&D program over 10 years to cut emissions

Green Car Congress

The IMRB will be financed by shipping companies worldwide via a mandatory R&D contribution of US$2 per tonne of marine fuel purchased for consumption by shipping companies worldwide—which will generate about US$5 billion in core funding over a 10-year period.

Emissions 195
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SITA UK and Cynar to build UKs first commercial plants to convert waste plastic to diesel

Green Car Congress

SITA UK, one of the country’s leading recycling and resource management companies and a subsidiary of Suez Environment, has signed an exclusive agreement with Cynar Plc to build Britain’s first fully operational plants to convert end of life plastic into diesel fuel.

Waste 231
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Ford Smart Mobility shifts from research to implementation; company announces new programs, next areas of focus

Green Car Congress

Ford Motor Credit Company announced today Peer-2-Peer Car Sharing—a pilot program for select customers in six US cities and in London. US customers participate through the Web-based, mobile-friendly software of ride-share company Getaround, while London drivers connect through a similar rental system of easyCar Club.

Ford 150