Electric Vehicle Financing

StanChart Hosts Nation’s First Green Bond

Standard Chartered Bangladesh organized the very first green bond in Bangladesh by raising Tk 150 crore for Pran Agro Ltd, a company of the Pran-RFL group. The proceeds from the bond will be used to fund the conglomerate’s green and energy-efficient initiatives, the bank said in a press release yesterday. …

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Bike-Sharing Giant Hello Inc. subsidiary cooperates with EV Link to promote green energy platform

On Friday, Xiaoha Power Exchange, a brand owned by Chinese bike-sharing giant Hello Inc., and Southern Power Grid Electric Vehicle Service Co., Ltd. (EV Link) announced that they have recently signed a formal cooperation agreement. According to the agreement, the two companies will cooperate in the field of electric two-wheeler …

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Canada Infrastructure Bank to Fund 4,000 Electric School Buses in Quebec

The $ 400 million loan to provincial bus operators is the latest investment in the Canada Infrastructure Bank’s $ 1.5 billion zero emission bus initiative to help with transportation transition common to diesel in Canada. The Canada Infrastructure Bank (CIB) and the Quebec Federation of Bus Transporters have announced an …

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Union Minister Mahendra Pandey, Energy News, ET EnergyWorld

New Delhi: The government has chosen nine highways where 6,000 charging stations have been authorized and around 3,000 will soon be installed, said Union Heavy Industries Minister Dr Mahendra Nath Pandey. Referring to the challenges of adopting electric vehicles, including the time it takes to charge the vehicles, he said …

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Tevva granted $ 57 million for the development of electric trucks

British electric truck maker Tevva has just raised US $ 57 million through an oversubscribed private placement from new and existing investors. The company says it will use the funding to outfit its new London-based production plant and quickly expand manufacturing. Last month, Tevva Motors secured a £ 4.2million (just …

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California start-up that created world’s smartest tractor gets $ 61 million boost

The Monarch Tractor, a company based in Livermore, Calif., Caught everyone’s attention when it presented the most futuristic vehicle ever imagined in the agricultural industry. At the end of 2020, this electric and autonomous tractor was ready to make farming more efficient. Almost a year later, a considerable financial boost …

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Rising demand for renewable energies pushes Empower Energies to promote four leaders

BETHESDA, MD., November 16, 2021 / PRNewswire / – Empower Energies today announced the promotion of four executives as part of a larger investment to support the company’s rapid business growth and continued expansion into the renewable energy market. Renewable energy is now the fastest growing energy source in the …

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Tata Motors Partners with Equitas SFB for Financial Solutions for SCV, Auto News, ET Auto

Tata Motors, India’s largest commercial vehicle manufacturer, on Monday signed a five-year memorandum of understanding with Equitas SFB, one of the country’s largest small financial banks, to provide financial solutions to its customers. New Delhi: Tata Motors, India’s largest commercial vehicle manufacturer, on Monday signed a five-year memorandum of understanding …

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