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Brightmark Energy , a San Francisco-based waste and energy development company, closed a $260-million financing package for the construction of the US’ first commercial-scale plastics-to-fuel plant, which will be located in Ashley, Indiana. The finished product generated by the RES Polyflow process is a light, sweet liquid known as pygas.
The study considers five different powertrains (internal combustion engine, hybrid-electric, plug-in hybrid-electric, fuel-cell-electric, and battery-electric) and 12 cost components (purchase cost, depreciation, financing, fuel, insurance, maintenance, repair, taxes, registration fees, tolls and parking, payload capacity and labor).
Levelized cost of driving (LCOD) across powertrains for light-duty SUV, MY 2025. The report covers light-duty passenger vehicles as well as medium-/heavy-duty commercial vehicles: semi-tractors; medium-duty vans and pickups; transit buses; box, utility aerial and dump trucks; and garbage trucks.
billion have already been financed by the shareholders. On 5 September 2013, Novatek and CNPC concluded an agreement on the purchase of a 20% equity share in Yamal LNG by CNPC. Overall capital expenditures of the Arctic Yamal project are now estimated at $26.9 billion, of which $2.6 20%) and CNPC (20%).
HYVIA will offer a wide range of fuel cell-powered light commercial vehicles by the end of 2021: Master Van H2-TECH —a large van for transporting goods and packages, with 12 m 3 of cargo volume and a range of up to 500 km. A range of financing options and maintenance services will also be offered.
The Electrification Roadmap calls for 75% of light-duty VMT in the US to be electric by 2040. Achieving this will require a minimum of 25% of new light-duty vehicles purchased in the US to be grid-enabled vehicles (GEV) by 2020. As a result, oil consumption in the light-duty fleet would be reduced to just 2.0
million to help California consumers purchase plug-in hybrid and zero-emission cars and light trucks. This program provides vouchers of up to $55,000 to help California fleets purchase cleaner, advanced technology trucks and buses. Funding was approved for three specific programs.
By 2030, the network is to be extended to the Salzgitter steelworks and, if necessary, connected to other networks (shown in light blue). The IPCEI program can finance the network construction in part. However, the financing of network operation requires a long-term solution to the charging issue in the EnWG.
The PACC 2020 is self-financed from the carbon market and the extension until 2014 of the fuel levy and fossil fuels. The action plan and strategy adaptation represent a total investment of nearly C$2.7 billion (US$2.6 Almost 63% (C$1.7 They should achieve reductions in Québec of about 6.1 megatonnes on the 11.7
ALTe Powertrain Technologies, developer of a range-extended plug-in electric hybrid powertrain for light commercial fleet vehicle applications, has created a Commitment to Action to spur adoption of hybrid electric technology in the worldwide fleet industry as part of the Clinton Global Initiative America (CGI America) meeting.
The California Air Resources Board (ARB or Board) is soliciting Grantee(s) to administer the Light-Duty Financing Assistance Pilot Project in Disadvantaged Communities. Funding of up to $1.5 million for this project is provided by Low Carbon Transportation Investments, which is funded from the Greenhouse Gas Reduction Fund.
The integration of OMVL will complete Juniper’s light-duty strategy to enter the mobile industrial, non-mobile industrial, and automotive segments. Strategic investments in new markets and OEM-class products and capabilities will allow Juniper to compete for leadership in the light-duty alternative fuels market, Westport says.
However, the document not only provides a detailed look at the finances of the company, it also provides a quick recap of recent technology developments and some insight into the company’s immediate research priorities. Details of the offering—i.e., number of shares and price range—are yet to be determined.
The Empulse and Empulse R will cost $16,995 and $18,995, respectively, with financing available from Sheffield Financial. Through this financing, customers will be able to purchase the new Empulse and Empulse R from Brammo dealers as follows: Empulse: 8.9% financing for 60 month at $334 and 3.9% for 72 months at $303, 6.9%
A new report from the International Council on Clean Transportation (ICCT) estimates Consumer benefits of increased efficiency in 2025-2030 light-duty vehicles in the US. Those who finance their vehicles will see a net positive cash flow—again, specific to the additional cost of technology—starting immediately.
A new MIT report outlines a system-oriented set of coordinated policies to help the light-duty vehicle sector reduce petroleum-based consumption and its accompanying global warming emissions. This increase would stimulate the purchase of more fuel-efficient vehicles and encourage consumers to consider other transportation choices.
Pennsylvania has awarded more than $3 million in Fuel Incentive Grants (AFIG) to 33 companies, counties and organizations making the switch to compressed natural gas (CNG), liquefied natural gas (LNG), or propane for medium to light-weight fleet vehicles. This year, AFIG grants focused on medium- to light-weight vehicles.
These leases will deliver on the pLAn’s commitment to ensure that 50% of the City’s annual light-duty vehicle purchases are EVs by 2017. This also marks a big step toward the pLAn’s longer-term target to have 80% of city vehicle fleet purchases be EVs by 2025. per mile for EVs vs. $0.37
for electric vehicle financing. India’s leading non-banking finance company for electric vehicle financing. Akihiro Ueda, CEO, Terra Motors said, “This partnership between Pooja Finelease and Terra Motors will give access to a larger audience and will take care of our North, East and North-Eastern region financing.
The new Obama Administration proposal to increase fuel efficiency standards for cars and light trucks to an average 54.5 By law, these excises are the primary revenue source for financing road, bridge and transit projects. The less motor fuel used by drivers, the less revenue generated for improvements financed through the HTF.
Stationary Fuel Cells and Hybrid Transit Buses Incremental Costs: The purchase of diesel-electric hybrid transit buses and stationary fuel cells for use in the statewide bus system in Connecticut. Statewide Paratransit Bus Hybrid Program: Purchase 31 paratransit hybrid buses to replace 31 gas and diesel vehicles.
Mercedes-Benz Bank offers private and business customers financing and leasing options for the EQS, including a subscription scheme. The package also includes additional DIGITAL LIGHT animations for opening and closing (12 months’ use included in the purchase price, after which it can be extended via Mercedes me for €89).
Other than that commitment, however, Kior said it has no other near-term sources of financing. in two weeks—it will not have adequate liquidity to fund operations and meet obligations (including debt payment obligations), and would not expect other sources of financing to be available. —KiOR 10-K. million.
NFI started its electromobility journey with Volvo Trucks as part of the Volvo LIGHTS (Low Impact Green Heavy Transport Solutions) project that began in 2019. Our experience with the Volvo LIGHTS project was a major factor in NFI’s decision to purchase VNR Electric trucks for our drayage operations. Earlier post.).
Coca-Cola is converting all of its newly purchased 2014 Chevrolet Express service vans into fuel-efficient hybrid-electric vehicles using XL Hybrids’ powertrain technology. The addition of 100 hybrid service vans builds upon this work by expanding the variety of fuel-efficient options in the company’s light-duty fleet. Earlier post.)
has signed a purchase and sale agreement to acquire BAF Technologies, Inc., The purchase price payable at the closing of the acquisition of BAF is approximately $8.3 The purchase price payable at the closing of the acquisition of BAF is approximately $8.3 Clean Energy Fuels Corp. Due to the fact that approximately $3.8
Any sale would be conditional inter-alia upon negotiation of sale and purchase documentation, a financing by SEVUS, all usual shareholder approvals (including the approval of Tanfield shareholders) and due diligence. in the first half looks a full price, especially in light of representing a price to peak EBIT of 13 times.
With less hardware to purchase and less equipment to install, the multi-dispenser charging solution lowers the cost of infrastructure for customers. It also reduces space needed for charging systems, which is optimal for space-constrained depots and parking facilities. Proterra chargers are also vehicle-to-grid capable and smart-grid ready.
Although sales of plug-in vehicles (plug-in hybrid-electric and battery-electric vehicles, collectively PEVs) in the US climbed more than 80% in 2013 to more than 96,000 units (Tesla has not yet released its final figures) from 52,835 units in 2012 EDTA ), the 2013 results still reflect a meagre new light-duty vehicle market share of ~0.6%
GM Ventures, the automaker’s investment arm, has made a strategic investment in Lithion Recycling’s Series A financing round, supporting a new GM-Lithion strategic partnership agreement to pursue a circular battery ecosystem using Lithion’s advanced battery recycling technology.
It also includes working with automakers and dealers to identify, evaluate, and implement creative financing approaches and other effective strategies to reduce vehicle purchase price and increase ZEV sales. Encourage private fleets to purchase, lease, or rent ZEVs. Assessment of creative vehicle financing innovations.
Vehicles include light, heavy and transit vehicles. USDOT is receptive to all sustainable financing options that do not violate other principles. However, this stated principle does not preclude mandatory universally applicable taxes or fees to finance the system, according to DOT. Technical Functionality.
The Softbank investment proceeds will therefore be an important component of the equity portion of the project financing as Nemaska continues to work on various complementary financing alternatives, including a USD 300-350 million debt financing and a USD 150-million streaming facility. Source: Nemaska Lithium Feasibility Study.
candidate in economics with a specialization in international finance and environmental economics. The high rate of adoption is driven by the low purchase price and operating costs of electric cars with switchable batteries. Electric vehicles will overhaul the US light-vehicle transportation network over the next two decades.
Electric vehicles (EVs) account for nearly 8% of all light-duty vehicles sold in California. There are other related programs that also support consumers considering purchasing or leasing an electric vehicle. The California Clean Fuel Reward program offers all EV purchasers up to $1,500 off the vehicle cost at the point of sale.
In the United States, more than 65% of ST customers come from outside the Ford brand, and more than 50% of Ford performance vehicle owners’ next vehicle purchase is a Ford. Millennials are purchasing ST vehicles at a rate twice that of other Ford-branded vehicles.
BEAR considered four scenarios to illustrate the consequences of different pathways for large-scale electrification of the light vehicle fleet, with two key factors informing the variations between each scenario: (1) electric vehicle adoption patterns and (2) Incremental Vehicle Costs (IVC). charging) and component technology subsidies.
California’s largest owners and operators of hydrogen refueling stations (HRS) are in negotiation to purchase the plant’s output to supply current and future HRS to be built in the state over the next ten years. As the world, and our city, cope with the coronavirus crisis, we are looking for ways to ensure a better future.
In addition, there is funding for other light-duty equity pilot projects ranging from vanpools for agricultural workers in the San Joaquin Valley, to financing assistance for lower-income consumers looking to get into clean vehicles.
China’s e-bus prices have declined, while annual sales have slowed due to the decrease in purchase subsidies as well as market saturation in large cities. The market is shifting from long-haul heavy-duty commercial vehicles towards cheaper medium- and light-duty commercial vehicles for regional and local deliveries of consumer goods.
VW customers that order the ID.Buzz now will get three consecutive service visits and MOT as standard, along with other offers when purchased through finance. The ID.Buzz’s range is 258 miles based on the Worldwide Harmonized Light Vehicle Test Procedure (WLTP).The MOT test certificates are required to drive cars in the UK.
To increase access to its battery-electric buses, Proterra has also introduced an innovative battery-lease financing model that enables transit agencies to purchase electric buses at approximately the same price or less than fossil fuel-based alternatives. For our heavy-duty electric bus to break the previous world record of 1,013.76
Global rating agency Fitch Ratings expects the financial profiles of US automakers and parts suppliers to remain resilient in a downside scenario characterized by sluggish global economic growth and weaker-than-expected North American light-duty vehicle demand. Fitch expects light vehicle sales in the US to total 13.2 As the average.
The government of China—now the world’s largest automotive market—has made vehicle electrification central to its plan for growing the automotive market both domestically and internationally, and accordingly has created many national and local incentives for plug-in electric vehicle (PEV) purchases. Market development.
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