article thumbnail

T&E: Denmark, Luxembourg, Netherlands lead deployments of zero-emission buses in Europe

Green Car Congress

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.

article thumbnail

Volvo Cars raises €500M for electrification through second green bond issue

Green Car Congress

All proceeds are earmarked for funding and accelerating the company’s transformation towards becoming a fully electric carmaker by 2030 and becoming climate-neutral and circular by 2040. Volvo Cars was the first established car maker to commit to full electrification and aims to sell only pure electric cars by 2030.

Volvo 329
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. The settlement date is expected to be 7 October 2020 and the bonds will be listed on the Luxembourg Stock Exchange.

Volvo 514
article thumbnail

Canoo Pickup, Kia EV6, Honda and Mini EV Plans: EV Week in Review – Mar 9-15

EV Adoption

Honda of America plans to sell 2 fully electric SUVs in 2024, Based on GM’s Ultium Platform – Honda confirmed plans to sell two all-electric SUVs in the US for the 2024 model year, and it soon will offer hybrid gas-electric versions of its top-selling models. – March 12, via Commercial Appeal.

Kia 52