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

Green Car Congress

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. In this respect, it’s very encouraging to see so much investor interest in helping us electrify our fleet and deliver on our climate ambitions.

Volvo 514
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ADB leads $135M climate financing package for VinFast e-bus fleet and EV charging network in Vietnam

Green Car Congress

The Asian Development Bank (ADB) mobilized a $135-million climate financing package for VinFast Trading and Production Joint Stock Company (VinFast) for manufacturing Vietnam’s first fully-electric public transport bus fleet and first national electric vehicle (EV) charging network.

Vietnam 195
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XL Fleet and eNow partner to electrify refrigerated trailers

Green Car Congress

XL Fleet Corp. a provider of solar and battery power systems that enable fully-electric Transport Refrigeration Units (eTRUs) for Class 8 commercial trailers. XL Fleet will provide battery and power electronics systems for eNow’s innovative electrified refrigerated trailer solution.

Fleet 259
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Electric pickup startup Lordstown Motors goes public via SPAC; $1.6B transaction

Green Car Congress

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.”.

Motoring 321
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Proterra introduces multi-dispenser charging solution for heavy-duty electric vehicle fleets

Green Car Congress

Proterra charging systems utilize standard J1772-CCS plug-in and SAE J3105 overhead pantograph technology, which enables fleet operators to charge a variety of heavy-duty and light-duty electric vehicles with the same chargers. Proterra chargers are also vehicle-to-grid capable and smart-grid ready.

Fleet 207
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Lightning eMotors introduces new generation 4 Lightning Electric Transit Class 3 Van; battery-electric and fuel cell electric variants

Green Car Congress

This new battery technology and other upgrades give them the range, power and features at the price they need to scale up their electric fleets. The latest Lightning Electric Transit powertrain offers peak power of 160 kW (equivalent 215 horsepower), and a torque rating of 994 N·m (733 lb-ft).

Battery 448
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Canada’s BC Transit to buy ten 40' Proterra electric buses and megawatt-scale fleet charger

Green Car Congress

BC Transit in British Columbia, Canada has approved a $20-million contract to purchase ten 40-foot Proterra ZX5 electric transit buses and one Proterra Energy megawatt-scale EV fleet charger as part of the agency’s transition to a fully electric bus fleet.

Fleet 199