Mar 29, 2023 - 01:44 pm
Cabify scores funding deal to expand mobility business
Cabify has raised funding of $110 million and says this will help the mobility company increase its market share in its operating countries. Cabify also aims to expand to more than 25 cities in Latin America and Spain and to enter the logistics market.
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Mar 29, 2023 - 11:51 am
Germany releases funding for another 1,000 electric buses
The Federal Ministry of Transport has released €270 million in funding for around 1,000 electric buses to more than 50 transport companies in Germany. The certificates were handed over in Berlin this week at the international VDV conference.
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Mar 23, 2023 - 02:26 pm
NextETRUCK project to develop more efficent zero-emission trucks
NextETRUCK is the latest EU Horizon project looking to decarbonise transport. Nineteen partners from eight countries are looking to develop electric trucks with medium freight haulage by the end of 2025. Targets include increased efficiency as well as seamless management.
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Jan 31, 2023 - 12:44 pm
RecyLIB to enable direct reuse of battery elements
In Germany, a project coordinated by Fraunhofer ISC called RecyLIB aims to develop a battery manufacturing process designed to allow the use of recycled material. This allows the active functional material to be recovered after the battery’s end-of-life for direct reuse in the remanufacturing of electrodes.
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Jan 26, 2023 - 02:03 pm
Onto raises £100 mn to continue EV subscriptions
Electric car subscription service Onto raises £100 million (nearly €114 mn) from global investment group CDPQ and asset manager Pollen Street. This will enable Onto to expand the UK fleet; however, internationalisation appears to be on the back burner.
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Jan 9, 2023 - 02:57 pm
Malta to procure 250 EVs for government fleets
The Mediterranean island of Malta is putting out to tender the procurement of 250 new electric vehicles for government fleets. The 10-million-euro project is financed by EU funds and aims to increase the share of electric vehicles in public service from seven per cent in 2021 to 40 per cent.
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Dec 21, 2022 - 02:10 pm
European consortium looks into BEV coaches
From the end of this decade, Daimler Buses wants to offer fully electrically powered coaches with its Mercedes-Benz and Setra brands. To accelerate the development, Daimler Buses has joined forces with research institutes and practitioners from the industry to form the Electrified Coach project called ELCH.
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Dec 1, 2022 - 02:48 pm
Ireland launches commercial EV fleet trial nationwide
The Department of Transport and the Sustainable Energy Authority of Ireland (SEAI) have launched the Commercial Fleet Trial as planned. Businesses will be trialling fully electric vehicles to see how they can work for their business to save money and emissions.
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Aug 10, 2022 - 03:43 pm
Canada releases more EV infrastructure funding (ZEVIP)
The Government of Canada says it will invest over $2.4 million in parking provider Indigo Park Canada. The funding will help the company to install 500 EV chargers at 68 sites across British Columbia, Alberta, Ontario, Quebec and New Brunswick, three of which will be in Manitoba.
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Aug 8, 2022 - 01:47 pm
New Jersey budgets $15m a year for electric school buses
New Jersey Governor Phil Murphy signed a bill requiring the state’s Department of Environmental Protection (DEP) to implement a three-year ‘Electric School Bus Program’. The budget stands at $45 million or $15m per year. It is the latest bill in a row the EV-savvy Governor has signed.
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Jul 19, 2022 - 01:42 pm
Canadian Government funds 6,000 EV charging stations
Canada has announced funding for 6,000 EV chargers as part of a series of announcements during the national EV Week. Investments total CAD 45 million (nearly €34Mn), with local governments and companies such as Hydro Québec or Shell Canada benefitting from the funds.
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Jul 13, 2022 - 05:20 pm
Funding granted for 1,200 low- and zero-emission buses in Germany
The German Federal Ministry of Digital Affairs and Transport (BMDV) has handed over funding certificates to 41 more public transport authorities. With these commitments, around 1,200 additional low- and zero-emission buses are to be procured and put into operation across the country.
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Jun 30, 2022 - 01:27 pm
New South Wales gears up for zero-emission bus transition
Australia’s New South Wales government has announced it will invest $218.9 million over the next seven years to start decarbonising the bus fleet. The funding has been confirmed as part of the 2022-23 state budget and defines a gradual transition that will need bolstering until completion envisioned in 2047.
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Jun 30, 2022 - 12:02 pm
West Yorkshire Zero Emission Bus scheme approved
The West Yorkshire Combined Authority has approved plans to increase the number of electric buses on regional roads. The West Yorkshire Zero Emission bus programme includes charging facilities at depots and on routes and has three phases.
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Jun 7, 2022 - 04:24 pm
Scotland reissues grant funding for e-car clubs and used EVs
The Scottish Government is providing over £30 million this financial year to accelerate the shift to zero-emission transport. The grant funding scheme this time focuses on community transport and car clubs in addition to interest-free loans for electric vehicles.
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May 16, 2022 - 02:25 pm
UK gov’ pushes £200Mn towards zero-emission HGVs
The UK government says it will release over £200 million in funding for a major zero-emission road freight demonstrator programme. Vehicle manufacturers, energy suppliers and fleet and infrastructure operators will be asked to showcase their technology on UK roads.
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May 12, 2022 - 02:37 pm
Northvolt granted funding for German plant
Northvolt is to recieve European funding for its battery factory in Germany. In Berlin, the German Federal Minister of Economic Affairs Robert Habeck officially handed over notification of IPCEI funding (Important Projects of Common European Interest) to Northvolt.
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Apr 28, 2022 - 04:29 pm
FreeWire gets $125Mn in latest funding round
FreeWire Technologies has raised $125 million in new capital. The company says it will use the new money to accelerate commercial deployments of its battery-boosted EV charging technology and increase manufacturing capacity as well as R&D.
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Apr 7, 2022 - 01:59 pm
Germany issues first grants to decarbonise urban bus fleets
The German Federal Ministry for Digital and Transport (BMDV) has granted around 600 million euros in funding to procure climate-friendly buses. The largest single purchases are planned by Berlin’s operator BVG and Transdev Berlin with other large purchases in Hamburg and Cologne.
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Mar 28, 2022 - 03:53 pm
Breathe makes 100 Tesla cars available to London hire drivers
The Mayor of London’s Energy Efficiency Fund (MEEF) announced today it was providing capital Breathe for deploying 100 Tesla Model 3 to private hire drivers, including Uber, in London. The Vehicle-as-a-Service provider is further supported by fintech Zeti’s pay per mile platform ZERO.
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Mar 28, 2022 - 02:37 pm
ZEBRA: UK Gov’ funds nearly 1,000 zero-emission buses
The British Government, through its Zero Emission Bus Regional Areas (ZEBRA) scheme, has granted £198Mn to twelve towns and cities. The money will fund 943 battery-electric and hydrogen buses plus associated infrastructure and is the largest funding route to date.
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Mar 21, 2022 - 01:14 pm
Glasgow targets doubling EV charging stations
Glasgow City Council has got an update on charging infrastructure in Scotland’s most populous city. The report includes existing and incoming charge points, with 164 planned for this year and more in the pipeline. Funding has been arranged, yet other factors remain open.
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Mar 16, 2022 - 04:50 pm
FTA grants over $400Mn to modernise America’s buses
President Biden and the Federal Transit Administration (FTA) today awarded $409.3 million in grants to 70 projects in 39 states to modernise and electrify America’s buses. The money is, however, only the first instalment of funding that will run in the billions.
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Mar 14, 2022 - 03:55 pm
Austria funds zero-emission commercial vehicles (ENIN)
The Austrian Research Promotion Agency (FFG) has published a new funding program for zero-emission commercial vehicles and infrastructure, ENIN for short. The budget amounts to 275 million euros until the end of 2025, with the first call for proposals set for mid-2022.
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Feb 17, 2022 - 04:40 pm
British eCargo bike maker EAV finds new funding
Electric Assisted Vehicles (EAV) has completed a funding round led by H+ Partners. Based in Oxfordshire, the company is working to produce enclosed delivery electric bikes and says the funding will help to scale up its operations.
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