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Report Finds That Urgent Changes in Transport Financing Required to Enable More Sustainable Transportation Globally

Green Car Congress

The report, A Paradigm Shift Towards Sustainable Low Carbon Transport , finds that more than $1.5 Transportation is central to the social and economic activity of people across the world. Transport is also typically responsible for around 80% of developing cities' local air pollution and more than 1.3

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ADB Transport Forum: shift to greener transport in Asia key to global sustainability; investment of $2.5T needed by 2020

Green Car Congress

Asia must scale up sustainable transport development or face a bleak future of congested roads, pollution, ill health and economic damage, which could have ripple effects around the world, the third ADB (Asian Development Bank) transport forum heard earlier this month in Manila.

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President’s 2016 Budget requests $29.9B for DOE; 9% boost over FY 2015 enacted; $793M (2.7%) for sustainable transportation

Green Car Congress

The Request funds efforts to reduce the global threat posed by nuclear weapons, nuclear proliferation and unsecured or excess nuclear materials, and it supports activities that provide safe and effective propulsion for the US nuclear Navy. Sustainable transportation. The FY 2016 DOE Budget Request represents a 9% increase ($2.5

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Lucid Group, Saudi Arabia agree to 100,000 EV fleet deal

Teslarati

Delivering up to 100,000 Lucid electric vehicles in Saudi Arabia represents another pivotal moment in our acceleration of sustainable transportation worldwide,” Lucid Group CEO Peter Rawlinson said. “We The commitment was made after Lucid accepted a financing package worth over $1 billion from the Saudi Pacific Fund in 2018.

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How battery leasing enhances adaptability in the EV ecosystem | Autocar Professional

Baua Electric

Through partnerships between battery manufacturers and finance providers, consumers can enjoy the benefits of an asset-light model, where they pay either on a pay-per-use basis or through manageable EMIs over a period, typically two years. In addition, the environmental benefits of widespread EV adoption are magnified through battery leasing.

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Lucid signs agreement with Saudi Arabia for 155k unit capacity manufacturing facility

Teslarati

The agreements not only solidify the plans for the manufacturing plant, which is Lucid’s first outside of the United States, but also locks in funding, financing, and incentive plans to make the project possible. Lucid Group will receive up to $3.4 That target has been moved up to 155,000 per year. ” I’d love to hear from you! .

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Swiss-Indian Alliance Sets Stage for Hyperloop Innovation; signs MoU – ET Auto

Baua Electric

The primary objective of the MoU is to establish a robust framework for cooperation in the development and deployment of hyperloop technology within India, laying the ground for future sustainable mobility. “Switzerland and India have consistently enhanced their strategic partnership in the realm of the transportation sector.