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Category: Automotive
The Commission presented a proposal to reduce air pollution from new motor vehicles sold in the EU to meet the European Green Deal’s zero-pollution ambition, while keeping vehicles affordable for consumers and...
The World Economic Forum and U.S. Special Presidential Envoy for Climate announced at COP27 the expansion of a coalition of global companies and new purchase commitments for green technologies by 2030 to...
General Motors and battery manufacturer Microvast will work together to develop specialized EV battery separator technology and build a new separator plant in the U.S., which is expected to create...
United Rentals, Inc., the world’s largest equipment rental company, announced it has provided all-electric trucks to Shell for use at its Geismar (La.) Chemical Manufacturing site. Shell is using the...
Volkswagen Group’s new Green Finance Framework (GFF) strengthens the link between its decarbonization and financing strategy Incorporating EU taxonomy enhances transparency for sustainability investors Only capital expenditures for...
Tenet Closes $20M Warehouse Facility from Silicon Valley Bank Tenet, the leading EV financing platform, announced that the company has secured the first-ever EV only warehouse facility to make EVs...
As an intermediary step, average emissions of new cars must decrease 55% by 2030 The agreement marks the first step in the adoption of the “Fit for 55” proposals tabled...
Program Reinforces Fleet Advantage’s Commitment Bridging To Alternate Energy Options Fleet Advantage, a leading innovator in Class 8 fleet data analytics, equipment financing, and life cycle cost management (LCCM), announced...
EIB lends €500 million to Volvo Group in Sweden. The EIB loan will support research, development and innovation investments in electric vehicle technologies, active and passive safety and autonomous driving technologies, as well as non-powertrain...
The Asian Development Bank (ADB) mobilized a $135 million financing package for VinFast Trading and Production Joint Stock Company for manufacturing Viet Nam’s first fully-electric public transport bus fleet and first national electric vehicle charging...
American Battery Technology Company, (ABTC) (OTCQB: ABML), an American critical battery materials company that is commercializing both its primary minerals manufacturing and secondary minerals lithium-ion battery recycling technologies, was selected as a recipient...
Battery raw material sourcing: Mercedes-Benz AG and Rock Tech Lithium Inc. sign an initial supply agreement for on average 10,000 tons of battery-grade lithium hydroxide per year – enough for...
$1 Billion New Investment in Plant Spartanburg (USA) to Prepare for the Production of Battery Electric Vehicles. At Least Six Fully-Electric BMW X-Models by 2030 produced in the U.S. Additional...
Freebee provides free, on-demand ride-hailing using electric vehicles to app users. The service is financed by local governments and entities, such as corporate business parks and universities, to cover defined...
New report from Capgemini finds: The current level of maturity for initiatives across the industry isn’t enough to markedly reduce emissions that meet the Paris Agreement targets. Investment in sustainability initiatives is...
Phillips 66 announced the installation of FreeWire ultrafast electric-vehicle chargers at its station near Houston Headquarters, marking the debut of ultrafast EV charging at a convenience fuel station in the...
Mercedes-Benz introduces MO360 Data Platform, connecting passenger car plants to Microsoft Cloud Vehicle production efficiency expected to improve by 20% by 2025 Logistic teams to solve supply chain bottlenecks much...
Dozens of Swedish startups are working on clean-energy mobility, creating what some call “Sustainability Valley.” Just below the Arctic Circle, a vast factory owned by Northvolt AB churns out electric-vehicle batteries for Europe’s...
Toyota India released the following statement: We, at Toyota, are fully committed towards sustainability and protecting the environment in line with our principle of ‘Respect for the Planet’. Towards this,...
Japanese carmaker is willing to invest in electric car entity Carve-out presents chance to rebalance decades-old alliance Nissan Motor Co. is ready to invest $500 million to $750 million in Renault SA’s...
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