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ADB leads $135M climate financing package for VinFast e-bus fleet and EV charging network in Vietnam

Green Car Congress

The Asian Development Bank (ADB) mobilized a $135-million climate financing package for VinFast Trading and Production Joint Stock Company (VinFast) for manufacturing Vietnam’s first fully-electric public transport bus fleet and first national electric vehicle (EV) charging network.

Vietnam 195
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The US’s largest solar panel maker opens a 3.3 GW factory in India

Baua Electric

Tempe, Arizona-based First Solar’s sixth operational factory expands the company’s global manufacturing footprint to four countries, including the US, Malaysia, and Vietnam. The US International Development Finance Corporation (DFC) provided $500 million of the $700 million in financing for First Solar’s India factory.

India 52
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EV newcomer VinFast sees simply 128 registrations in 5 months

Baua Electric

A few of the 25 manufacturers on Experian’s record of unused EV registrations, VinFast used to be Disagree. VinFast has been searching for techniques to finance its growth from its miniature bottom in Vietnam to greater markets in North The us, Europe and portions of Asia. thru a different function acquisition corporate.

Vietnam 52
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Porsche launches carbon offset program in US

Green Car Congress

The available programs are focused on forest protection in the US, hydropower in Vietnam, solar energy in Mexico, and species diversity in Zimbabwe. The Porsche Impact program is managed by South Pole, a Swiss-based provider of carbon offsetting and sustainability financing that has been active internationally for more than a decade.

Porsche 207
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VinFast pushes forward regardless of early setbacks

Baua Electric

This week, it all started generating the smaller VF 6 and VF 7 in Vietnam next phasing out fuel vehicles endmost week. 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.

Vietnam 52
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Tesla Bear believes TSLA India market might be even bigger than China: report

Teslarati

So there are some short-term boosts that they’re looking at,” Irwin told Yahoo Finance host Zack Guzman. . ” India launched a $27 billion program to attract manufacturers from other Southeast Asian countries, like China and Vietnam. Tesla has been taking steady steps to build its presence in India.

India 144
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Hyundai Motor Group deepens partnership with Grab to accelerate EV adoption in Southeast Asia

Green Car Congress

Hence, the enhanced partnership will focus on addressing some of these barriers by piloting new EV business models such as leasing EVs with a battery-as-a-service model or car-as-a-service model, and EV financing. The pilot programs will start in 2021, beginning in Singapore, and expand to Indonesia and Vietnam.

Asia 199