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Report Finds That Urgent Changes in Transport Financing Required to Enable More Sustainable Transportation Globally

Green Car Congress

The report assigns the blame for much of the observed failure in transport to the financial framework from which policies, programs and projects draw resources. The report outlines key steps in financing reform: Analyze impacts; Shift existing resources towards a sustainable direction; Add funding where resources are still lacking; and.

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President’s 2016 Budget requests $29.9B for DOE; 9% boost over FY 2015 enacted; $793M (2.7%) for sustainable transportation

Green Car Congress

Sustainable transportation. Sustainable transportation funding requests include: Vehicle technologies. Within the $10.7 billion, the FY 2016 Budget requests $4.8 billion for applied energy activities, including: $2.72 Also within the $10.7 billion, the FY 2016 Budget Request provides $5.34

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Axis Bank extends Rs 1 billion loan to Everest Fleet for EVs | Autocar Professional

Baua Electric

The partial guarantee is provided under the USD 200 million INR equivalent framework guarantee agreement that GuarantCo and Axis Bank signed in May 2022, which allows mobilisation of funds between USD 300 and 400 million in INR equivalent to finance the e-mobility ecosystem in India.

Fleet 40
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How battery leasing enhances adaptability in the EV ecosystem | Autocar Professional

Baua Electric

Through partnerships between battery manufacturers and finance providers, consumers can enjoy the benefits of an asset-light model, where they pay either on a pay-per-use basis or through manageable EMIs over a period, typically two years.

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ADB Transport Forum: shift to greener transport in Asia key to global sustainability; investment of $2.5T needed by 2020

Green Car Congress

Asia must scale up sustainable transport development or face a bleak future of congested roads, pollution, ill health and economic damage, which could have ripple effects around the world, the third ADB (Asian Development Bank) transport forum heard earlier this month in Manila.

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Report: Major changes needed to transport financing

Green Cars News

If the transport sector is to cope with the rapid growth in motor vehicle traffic and the related environmental and health issues then major changes are needed to how transport is financed. That’s the verdict of a new report by the Transport Research Laboratory entitled A Paradigm Shift Towards Sustainable Low Carbon Transport.

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Nikola secures $41.9M award to build six heavy-duty hydrogen stations in CA

Teslarati

.” As per company spokesperson Dan Passe, the California funds will cover about 50% of the total cost of constructing the six hydrogen stations, with Nikola and Voltera financing the remaining portion. Nikola has previously announced its goal of establishing 50 HYLA stations with Voltera by 2028.