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Electric commercial vehicle company SEA Electric raises $42M; partnership with Exro

Green Car Congress

recently closed initial private placement equity financing for total gross proceeds of approximately US$42 million. With global headquarters in Los Angeles, SEA Electric currently has operations in five countries and more than one million miles of independent OEM testing and in-service operation in all markets.

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Porsche launches carbon offset program in US

Green Car Congress

Following its corporate fleets, PCNA will soon offer Porsche Impact to USA customers who want to reduce the CO 2 footprint of their internal-combustion engines. PCNA estimates it will offset more than 3.5 Porsche customers can choose from four different internationally certified projects to support.

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Porsche and UP.Labs to build startups tailored for Porsche’s business

Green Car Congress

Through UP.Labs, Porsche secures access to international talents and their know-how. —Lutz Meschke, Deputy Chairman of the Executive Board of Porsche AG and Member of the Executive Board for Finance and IT. Above all, we strive for new sources of innovation. —Lutz Meschke.

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Delta Air Lines signs 75 MGPY for 7 years SAF deal with Gevo; oneworld Alliance members plan to buy 200 MGPY

Green Car Congress

The agreement is subject to certain conditions precedent, including Gevo developing, financing and constructing one or more production facilities to produce the SAF contemplated by the agreement. oneworld Alliance. The delivery of the SAF is expected to commence in 2027, for a five-year term.

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CPV, GE, DGC secure largest US thermal power project financing in 2011 for 800 MW gas-fired power plant; 23 banks to provide nearly $800M in credit facilities

Green Car Congress

(CPV); GE Energy Financial Services; and Diamond Generating Corporation (DGC), a wholly-owned subsidiary of Mitsubishi Corporation, co-owners of the planned $900-million CPV Sentinel power plant, have closed the largest project financing in the US thermal power industry this year for the facility to be built in Riverside County, Calif.

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VinFast pushes forward regardless of early setbacks

Baua Electric

the place she could also be CEO of the corporate’s fresh manufacturing facility arm, VinFast Production US LLC, in lieu than on the corporate’s North American headquarters in Los Angeles. Nguyen spends maximum of her occasion in Raleigh, N.C., The investment, together with as much as $2.5

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Next 10 report finds California will meet or exceed original target of 1.5M ZEVs by 2025

Green Car Congress

Based on 12,330 miles driven per year, the pure battery electric Nissan Leaf has lower five-year and 10-year life cycle costs than the internal combustion Hyundai Elantra and the plug-in hybrid Chevrolet Volt, even without the federal government incentive. The average Californian drives 14,435 miles every year.