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Rusnano and I2BF invest $20M in Nesscap; production and research in Russia

Green Car Congress

Nesscap will use the proceeds from this financing for the establishment of a full-scale production facility for ultracapacitors and accompanying research center in the Russian Federation (US $15,000,000) and for the expansion of Nesscap’s current manufacturing and core R&D operations in Korea and for general corporate purposes (US $5,000,000).

Russia 186
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bp to exit its 19.75% shareholding in Rosneft

Green Car Congress

Russia’s attack on Ukraine is an act of aggression which is having tragic consequences across the region. bp has operated in Russia for over 30 years, working with brilliant Russian colleagues. Impact on reporting and finances. bp will also exit its other businesses with Rosneft within Russia. billion at year-end 2021.

Russia 186
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Opinion: OPEC Divorce And Self-Destruction Thanks To Saudi Oil Strategy?

Green Car Congress

The first quote modifies a GEICO commercial describing a free-range chicken (If you’re a free range chicken, you roam free, that’s what you do), the second, the famous John Maynard Keynes quote about markets (The market can stay irrational longer than you can stay solvent), the third, another famous Keynes quote (In the long run, we’re all dead).

Oil 150
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Global aerospace study finds fuel costs continue as major airline concern

Green Car Congress

a leader in transportation finance. Leasing remains the most important form of financing: According to respondents, leasing remains the most important form of fleet financing. Business travelers remain the main source for revenue growth: Going forward, airlines expect revenue growth to come from a range of sources.

Global 199
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Volkswagen again reaffirms 20 new PEV models coming across the Group; MEB development

Green Car Congress

The operating return on sales before special items was in the expected range, at 6.0%. This means that Volkswagen is still within the expected range. This was aided by close cooperation with Volkswagen Group brands, growth in existing markets and the expansion of its international presence. billion in total. year-on-year.

2015 150
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PBL Study Finds Developed Countries Proposals for Copenhagen Fall Short for Reaching 2 °C Climate Objective

Green Car Congress

Non-Annex I actions may be (partially) financed by Annex I2. Canada’s pledges are 25% lower and those of Russia and the Ukraine are even over 35% lower than required. Financing the reduction in emissions from deforestation and forest degradation in developing countries (UN program REDD) is meant to protect the forests.

Climate 186
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Some Volkswagen strategists see battery-electric, diesel cost lines crossing by 2023-2025; TRANSFORM 2025+

Green Car Congress

The increasing stringency of global emissions standards, both current and projected, is driving up the cost for internal combustion engines to meet those standards, although numerous technology pathways exist. In other major markets such as India, South America and Russia, Volkswagen also intends to develop the economy segment.

Diesel 150