article thumbnail

T&E: Denmark, Luxembourg, Netherlands lead deployments of zero-emission buses in Europe

Green Car Congress

Denmark leads the way when it comes to putting zero-emission urban buses on the streets in Europe, with 78% of new vehicles being electric, according to the latest data from green NGO Transport & Environment. In Luxembourg and the Netherlands about two-thirds of new buses were zero-emissions.

article thumbnail

Volvo Cars raises €500M for electrification through second green bond issue

Green Car Congress

Volvo Cars successfully placed its second green bond to raise €500 million from a diverse set of global investors. All proceeds are earmarked for funding and accelerating the company’s transformation towards becoming a fully electric carmaker by 2030 and becoming climate-neutral and circular by 2040.

Volvo 329
article thumbnail

Volvo Cars successfully places first green bond, raises €500M

Green Car Congress

Volvo Cars successfully placed its first green bond, raising €500 million from a diverse group of institutional investors and further increasing the company’s financial flexibility. A green bond is a type of fixed-income instrument that is specifically earmarked to raise money for climate and environmental projects.

Volvo 514
article thumbnail

MAN Lion’s City 18 E articulated electric bus to begin practical testing in Barcelona and Cologne later this year

Green Car Congress

The higher level of recuperation means the electric articulated bus is always highly efficient, regardless of the driver’s driving style or the topography. In the MAN Lion’s City 18 E, the fully electric driveline produces between 320 kW and a maximum of 480 kW. —Rudi Kuchta, Head of Business Unit Bus at MAN Truck & Bus.

Spain 243
article thumbnail

Volvo’s Nova Bus and STM to test three electric buses and two rapid charging stations in Montréal

Green Car Congress

The MoU formalizes the intention of testing three Nova LFSe electric buses and two charging stations in Montréal. The goal is to have the electric buses operational for demonstration in the third quarter of 2015 and in regular traffic for three years, beginning in 2016. Nova LFSe electric bus. Click to enlarge.

article thumbnail

SAIC introduces large electric panel van in Europe: Maxus EV80

Green Car Congress

The Maxus EV80 van has become the first fully electric large panel van on European roads, ahead of the brand’s full launch in 2019. SAIC Mobility Europe was formally established in Luxembourg. SAIC Mobility Europe, a division of China’s largest vehicle manufacturer, SAIC, is introducing the Maxus light commercial vehicle brand.

Europe 186
article thumbnail

ABB and Volvo Buses partnering on fast-charging system for hybrid and electric buses

Green Car Congress

The first joint project will be the implementation of Volvo Electric Hybrids and ABB’s automatic e-bus chargers in the Luxembourg public transport system, where as many as 12 Volvo Electric Hybrid buses operated by Sales-Lentz will be running on existing lines by 2015.

Volvo 281