As you wish: VW’s subsidiary Electrify America charged with erecting redemption infrastructure following diesel-gate has handed over a revised investment plan to CARB. This time round, it includes a stronger focus on EV charging in so-called disadvantaged communities as requested and lately proposed as law. VW’s supplement further suggests education and outreach as well as the potential use of pre-owned electric cars and California will decide later this summer if to accept, reject, or amend it.
Street post charging: Californian Lancaster entered a trial with five streetlights equipped with EV charging units from ebee and its partners EasyCharge and Eluminocity. 80 percent of funds come from the Antelope Valley Air Quality Management District, that will gather data for five years. In Europe however, the technology is working in about 10,000 chargers already.
1,000 charge points for Delhi: Tata Power Delhi Distribution wants to install a 1,000 EV charging stations in India’s capital and is currently negotiating locations with the city. The private utility is ready to invest Rs 100 crore over five years and also operates electric scooters and rickshaws as well as five charging stations on a trial basis.
Loan conversion: Fastned strengthens its balance sheet as its creditor investment fund Breesaap has converted its entire 10.3m euro loan to Fastned into certificates of shares, quoting both the company’s as well as the overall positive development of e-mobility as reasons. At the same time, investor Flowfund has decided to extend its convertible loan of 2.5 million euro until 31 December 2020.
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