$750 million bond proceeds finance environmentally friendly vehicle sales PLANO, Texas (February 14, 2020) – Toyota Financial Services (TFS) issued its latest unsecured Green Bond, reinforcing the company’s industry-leading commitment to the sale of environmentally friendly vehicles. Proceeds from the $750 million bond will be used to fund the acquisition of new retail installment contracts… Continue reading @Toyota: Toyota Financial Services Issues Fifth Green Bond, Reinforcing Toyota’s Commitment to Sustainability
Tag: People
New premium Audi electric supermini on the way
Audi is planning a huge expansion of its e-tron electric range over the next five years – and now a senior official at the firm has admitted to Auto Express that this wider range will stretch to a small car based on the VW Group’s entry-level EV platform. Known as MEB Entry, the architecture was… Continue reading New premium Audi electric supermini on the way
AutoScout24 survey on autonomous driving
The online marketplace for vehicles, AutoScout24, conducted a survey on attitudes towards autonomous driving. The Autonomous driving promises increased traffic safety and, depending on the establishment, also a relief for the environment. But that trust in technology and thus its acceptance remains below what is needed for market penetration. Autonomous driving The AutoScout24 survey also… Continue reading AutoScout24 survey on autonomous driving
Autonomous e-shuttle Wilma in Wiesbaden
The city of Wiesbaden is now also running a test run with an autonomous e-shuttle called Wilma. People should have the opportunity to deal with technology. The Shuttle Wilma operates on the campus of the Helios Clinic in Wiesbaden, which means that it can be used in the public transport to be checked. CUbE test… Continue reading Autonomous e-shuttle Wilma in Wiesbaden
Dacia electric city car confirmed for launch within two years
The limited range enables Renault to keep the price low and, according to senior vice president for electric vehicles Giles Normand, the need for a big range is less important because this is a city car. In Chinese specification, the K-ZE has a 44bhp, 88lb ft electric motor. It needs seven seconds to reach 37mph… Continue reading Dacia electric city car confirmed for launch within two years
@Nio: NIO Announces Additional US$100 Million Private Placements of Short-term Convertible Notes
SHANGHAI, China, Feb. 14, 2020 (GLOBE NEWSWIRE) — NIO Inc. (“NIO” or the “Company”) (NYSE: NIO), a pioneer in China’s premium electric vehicle market, today announced that it has entered into definitive transaction documents with two unaffiliated Asia-based investment funds (the “Purchasers”), pursuant to which NIO will issue and sell convertible notes in an aggregate… Continue reading @Nio: NIO Announces Additional US$100 Million Private Placements of Short-term Convertible Notes
Yandex races ahead with driverless car plans
MOSCOW (Reuters) – Internet company Yandex (YNDX.O), which reported lower growth in fourth-quarter profit on Friday, is poised to test its driverless cars outside Russia this year. FILE PHOTO: A view shows a self-driving car owned and tested by Yandex company during a presentation in Moscow, Russia August 16, 2019. REUTERS/Evgenia Novozhenina/File Photo Yandex has… Continue reading Yandex races ahead with driverless car plans
Toyota Financial Services Issues Fifth Green Bond, Reinforcing Toyota’s Commitment to Sustainability
PLANO, Texas, Feb. 14, 2020 /PRNewswire/ — Toyota Financial Services (TFS) issued its latest unsecured Green Bond, reinforcing the company’s industry-leading commitment to the sale of environmentally friendly vehicles. Proceeds from the $750 million bond will be used to fund the acquisition of new retail installment contracts and operating lease contracts financing Toyota and Lexus… Continue reading Toyota Financial Services Issues Fifth Green Bond, Reinforcing Toyota’s Commitment to Sustainability
BMW aims to slash CO2 output by 20% in 2020
FRANKFURT: German high-end carmaker BMW aims to slash the amount of carbon dioxide (CO2) emitted by its cars sold in Europe this year by 20 percent, its chief executive said Wednesday. The pledge comes as new European Union regulations bite this year, requiring carmakers to sharply reduce fleet-wide emissions on pain of massive fines. “We… Continue reading BMW aims to slash CO2 output by 20% in 2020
Sample determination procedure: Diesel comparison failed – VW offers customers 830 million euros
Model declaratory action against VW The settlement negotiations failed for the time being, 400,000 VW customers were affected. (Photo: AP) Düsseldorf, Berlin The Comparative negotiations between the Federal Consumer Association (vzbv) and Volkswagen have failed for the time being. The carmaker said on Friday that an agreement had already been reached with the association. The… Continue reading Sample determination procedure: Diesel comparison failed – VW offers customers 830 million euros