article thumbnail

Gevo closes $68M Green Bond to finance RNG project

Green Car Congress

has closed a $68,155,000 “Green Bond” private activity bonds offering to finance the construction of its renewable natural gas (RNG) project in Northwest Iowa. million in reimbursement for development, long lead equipment, and financing costs incurred during the development period upon closing of the Green Bond Offering.

Financing 334
article thumbnail

Ford re-opens order books for Mach-E; higher range, lower pricing; all standard range models with LFP packs

Green Car Congress

Ford is re-opening its order banks for the all-electric Mustang Mach-E as completed plant upgrades support production ramp in the second half of 2023, with feature improvements including increased range for standard range battery models to a targeted EPA-estimated range of 250 miles for RWD and 226 miles for eAWD. Earlier post.)

Standards 417
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Ultracapacitor manufacturer Skeleton Technologies raises €3.9M (US$5.2 M) in Round A financing

Green Car Congress

Skeleton Technologies, a manufacturer of high power- and energy-density ultracapacitors ( earlier post ) has completed Round A financing of €3.9 The financing will be used for production scale-up and product development in addition to sales and marketing efforts. million (US$5.4 million announced in April 2013.

Financing 247
article thumbnail

NIO Capital's portfolio firm Standard Robots closes new financing

CN EV Post

Standard Robots aims to use driverless, robotics and artificial intelligence technologies to create efficient and flexible logistics solutions to help manufacturing companies improve productivity. The post NIO Capital's portfolio firm Standard Robots closes new financing appeared first on CnEVPost.

Financing 132
article thumbnail

MIT study finds fuel economy standards are 6-14 times less cost effective than fuel tax for reducing gasoline use

Green Car Congress

In a study published in the journal Energy Economics , MIT researchers have found that a fuel economy standard is at least six to fourteen times less cost effective than a fuel tax when targeting an identical reduction in cumulative gasoline use (20% by 2050).

article thumbnail

NIO launches Battery as a Service (BaaS) in China; battery swap system

Green Car Congress

With the battery price not included in the vehicle sales price, nor in the finance payments, the costs are significantly lower to switch to an EV. In addition, BaaS also represents a systematic solution to the long-existing challenges for EV penetration, including battery degradation, battery upgradability, and lower resale value.

Battery 508
article thumbnail

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