Global energy management solutions giant Schneider Electric launches EV charging products that can help households monitor energy usage, and help reduce CO2 emissions.
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A UK start-up, The Tyre Collective, is attempting to address one area of environmental damage that a shift from internal combustion engines to electric vehicles (EVs) cannot address - the microscopic pollutants released through tyre wear.
The energy crunch hitting Europe is threatening already strained supply chains. Unfortunately, this crisis shows no sign of ending, signalling we could be set for further shockwaves as prices continue to rise. The cost of fuel is also reaching new record levels, further intensifying cost pressures on businesses and in Germany, the government is even encouraging energy rationing.
The Volvo Group’s Renault Truck subsidiary is building a new 'disassembly' plant to drive circular economy initiatives.
HSBC and Singapore-based Temasek aim to accelerate sustainable infrastructure development in Southeast Asia, via a newly formed financing arm called Pentagreen Capital.
Toyota Financial Services (TFS) announced the issuance of a $750 million diversity and inclusion (D&I) bond, in support of Toyota’s D&I platform goals. The bond is the sixth D&I bond since 2013 and brings the cumulative total of such issuances to $3.75 billion. What is less clear is how the funds are deployed.
California has voted to end the sale of new gasoline-powered cars by 2035, in a new policy proposed by the California Air Resources Board. This is a bold step to accelerate the transition to electric vehicles over the next decade.
The AA has called out the low numbers of local authorities successfully applying for funding for on-street EV chargers saying it threatens to deter people from switching to EVs, and pointed out that rural areas risk being left behind.
The owner of the UK’s ‘Electric Highway’, GRIDSERVE, has secured £200 million in funding from Infracapital, enabling an expansion of its solar farm + battery model supporting electric hubs and forecourts.
Ford motor company’s latest $1.75 billion green bond issue is intended to accelerate its electric vehicle production plans, and coincides with the signing of the Inflation Reduction Act into law, which provides $7,500 credit for EVs made in the USA.