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Volvo Cars raises EUR 500m for electrification through new green bond

Volvo Cars on Tuesday successfully placed its second green bond to raise EUR 500m from a diverse set of global investors. The bond was oversubscribed three-times, despite challenging global market conditions. All proceeds are earmarked for funding and accelerating the company’s transformation towards becoming a fully electric carmaker by 2030 and becoming climate neutral and […]The post Volvo Cars raises EUR 500m for electrification through new green bond appeared first on Electric Cars Report.