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IFC announces loan to BanBif aiming to help climate strategy in Peru

Press release: IFC IFC has announced a loan of up to $25 million to Banco Interamericano de Finanzas (BanBif), aiming to promote a greener financial sector and greater market sustainability in the country. In addition, the financing package includes $15 million from the Eco-business Fund managed...
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Arizona plans for an expansion of electric vehicles and charging stations

Arizona plans to get more than $76.5 million over the next five years as part of a national electric vehicle infrastructure program. The Arizona Department of Transportation plans to add public charging stations along interstate highways, and utility companies are preparing for more cars that...
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Tesla begins delivery of its electric semi-truck

Thursday evening, Tesla delivered the long-awaited production versions of its electric semi-truck five years after CEO Elon Musk revealed the commercial vehicle. Pepsi received the semi-trucks at an event held at the company gigafactory in Sparks, Nevada.   Back in December 2017, Pepsi placed an...
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United Airlines announces investment in Natron Energy to electrify airport ground equipment

United Airlines has announced a strategic equity investment in Natron Energy, a battery manufacturer whose sodium-ion batteries have the potential to help United electrify its airport ground equipment like pushback tractors and operations at the gate.   United has previously made big investments in companies...

When two worlds collide: The story of a powerful partnership made at MOVE 2022

MOVE is the national stage for industry leaders engineering the future. It is a place where the most innovative businesses, startups and speakers come together and as a result, some incredible partnerships can form. Back in June, Kammy Horne, Senior Vice President of Development at...
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The Mobility House partners with NYCSBUS to deliver electric school buses to New York City

The Mobility House has been selected by New York City School Bus Umbrella Services to manage electric vehicle charging and vehicle to grid operations for the largest V2G school bus electrification project in the state.  NYCSBUS was awarded $8 million dollars by New York State...
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Honda announces the launch of fuel cell electric vehicle in 2024

Honda has announced that it will launch a fuel cell electric vehicle in 2024 based on its bestselling CR-V crossover.   The company has said that it will produce the CR-V variant at its Performance Manufacturing Center in Marysville, Ohio, with the aim of going...
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Vivacom and OneWeb partner to develop a Satellite Network Portal in Bulgaria

Vivacom and OneWeb have announced a partnership to develop a dedicated Satellite Network Portal, or ground station, for OneWeb in Bulgaria.   The facility aims to expand communications services and increase access for EU territories to OneWeb’s constellation of low-Earth orbit satellites. This will increase...

Lordstown Motors begins shipping of its all-electric Endurance pickup truck

Picture and press release: Lordstown Lordstown Motors has announced that it has begun shipping its all-electric Endurance pickup trucks that were manufactured by Foxconn.   The company has said that its full-sized EV truck received full homologation with certification from both the EPA and CARB that clears...
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The City of Toronto announces green bond to help transform climate action

The City of Toronto has announced that it has issued a new green bond for $300 million to help finance key capital climate action projects. This is the City’s fifth debenture issuance this year with a low all-in cost of 4.472 per cent.   This green...