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New report showcases innovative finance tools to electrify truck, bus fleets; TCE Toolkit

Green Car Congress

A new generation of solutions will be needed to electrify America’s fleet and achieve a zero-emissions future by 2050. The summation of these barriers represents the Total Cost of Electrification (TCE), a new analytical framework that expands upon traditional analyses associated with fleet investment. —“Financing the Transition”.

Financing 221
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Zero-Emission Truck (ZET) Coalition calls for government to prioritize investments benefiting ZETs

Green Car Congress

The National Zero-Emission Truck (ZET) Coalition, including some four dozen organizations representing the US’ major heavy truck makers, innovators, suppliers and key stakeholders, sent a letter to Congressional leadership calling on any stimulus or recovery legislative package to prioritize investments that benefit U.S.

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European automotive sector calls for vehicle renewal incentives to kickstart economic recovery after COVID-19; 25-point action plan

Green Car Congress

The plan was issued by the four associations representing the full automotive supply chain: from equipment and tire suppliers, to vehicle manufacturers, to dealers and workshops (ACEA, CECRA, CLEPA and ETRMA). Demand stimulus will boost the utilization of our manufacturing capacity, safeguarding jobs and investments.

Renewable 207
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PECO Expanding Fleet with NGVs & PHEVs

Green Car Congress

PECO is expanding its fleet with new natural gas and hybrid electric models. The utility is participating in a national consortium that recently was awarded a federal stimulus grant to purchase plug-in hybrid electric vehicles (PHEVs), and the company is buying more trucks to run on compressed natural gas (CNG) as well.

PHEV 186
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Study finds global oil demand likely to grow despite pandemic, climate policies

Green Car Congress

Despite relatively aggressive government policies aimed at reducing oil demand, such as within green stimulus packages enacted in several countries during the pandemic, global oil demand may not peak before 2030. The scenario analysis highlights the possibility that global light-duty-vehicle passenger oil demand may peak by 2025 or earlier.

Oil 259
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DOE to Award Up to $300M in Stimulus Bill Funding for Projects to Expand Use of Alt-Fuel and Advanced Technology Vehicles

Green Car Congress

The US Department of Energy has issued a $300-million Funding Opportunity Announcement ( DE-PS26-09NT01236-04 ) for applications for cost-shared projects that expand the use of alternative fueled vehicles and advanced technology vehicles. Incremental cost of dedicated alternative fuel vehicles. LMHDV Fuel cell electric vehicles.

Stimulus 150
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ITF study finds limited environmental and safety impacts of car fleet renewal schemes in US, France and Germany

Green Car Congress

Cost-effectiveness of the fleet renewal schemes analysed from the perspective of CO 2 and. Car fleet renewal schemes introduced in the US, France and Germany to stimulate consumer spending on cars in the wake of the 2008. million transactions in which old cars were traded for new vehicles under these car fleet renewal schemes.

France 249