article thumbnail

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
article thumbnail

Abellio, Alstom, NASA and Rolls-Royce to implement new hybrid drive solution on Coradia Lint diesel trains

Green Car Congress

Abellio Rail Mitteldeutschland, Alstom, Nahverkehrsservice Sachsen-Anhalt GmbH (NASA) and Rolls-Royce plan to implement jointly a new hybrid drive solution on Abellio’s fleet of Coradia Lint diesel trains. Subsequent conversion of the entire fleet of 54 Coradia Lint vehicles is under consideration.

Diesel 236