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Category: Automotive
Drivers, businesses, and the public sector across the UK are set to benefit from a new £63 million government investment aimed at accelerating the electric vehicle (EV) transition, cutting charging...
A Jaguar Land Rover-supported battery recycling project has secured £8.1 million in funding, including £4.05 million from the UK government, to recover critical minerals from end-of-life electric vehicle batteries. Spearheaded...
JLR has become the first in the global automotive industry to commit to using tyres composed of more than 70% renewable and recycled materials on its vehicles—marking a major step...
• Supervisory review finds shortcomings in SFDR compliance and risk integration• Report identifies issues at both entity and product levels• ESMA urges national regulators to increase scrutiny and follow up...
Eni and BMW Italia have signed a Letter of Intent to jointly accelerate the decarbonization of road transport through biofuels and electric mobility infrastructure. The partnership centers on Hydrotreated Vegetable...
Tesla sealed a $557 million deal on Friday to construct its first grid-scale battery storage station in Shanghai, Yicai reported, bolstering its energy division’s footprint in China. The agreement, signed...
Volkswagen Bank GmbH has successfully issued its first green bond, raising €1.5 billion through 3-year and 6-year tranches. The bond, aligned with Volkswagen Financial Services AG’s Green Finance Framework, introduces...
The Science Based Targets initiative (SBTi) has launched a public consultation on its draft Automotive Sector Net-Zero Standard, aiming to accelerate credible climate action in one of the world’s most...
The European Union has officially approved a regulatory amendment that gives car manufacturers additional leeway to meet their CO₂ emissions targets. The Council of the European Union adopted the final...
DHL Group has unveiled a promising new emissions-cutting tool in its decarbonization strategy: the Extended Range Electric Vehicle (EREV), built in collaboration with Scania. Tested over 100 days between Berlin...
Valeo has successfully raised €650 million ($728 million) through a green bond issuance maturing on 20 May 2031, offering a 5.125% fixed annual coupon. The proceeds will finance projects aligned...
Electric vehicles are on a fast track to capturing more than 40% of the global car market by 2030, according to the International Energy Agency’s (IEA) latest Global EV Outlook....
The Council of the European Union has endorsed a key amendment to CO₂ emissions regulations for new passenger cars and vans, granting automakers a more flexible path to meet 2025...
Aramco and BYD have signed a Joint Development Agreement to accelerate innovation in new energy vehicle technologies, aiming to reduce emissions and boost efficiency in the transport sector. The agreement...
The Volvo China Open is accelerating its sustainability strategy by relocating to Shanghai’s Enhance Anting Golf Club — a move that represents more than a change in scenery. Backed by...
Polestar has achieved a 24.7% reduction in greenhouse gas emissions per vehicle sold since 2020, according to its fourth Annual Sustainability Report. The milestone underscores the EV maker’s strategy to...
General Motors has appointed Cassandra Garber as its new Chief Sustainability Officer (CSO), tapping a seasoned ESG leader from Dell Technologies to steer the automaker’s environmental and social strategy. The...
Volkswagen Group significantly expanded its leadership in Europe’s all-electric vehicle (BEV) market in Q1 2025, more than doubling BEV deliveries in the region and achieving a 113% year-over-year increase. The...
Britain is rolling back parts of its Zero Emission Vehicle (ZEV) Mandate in a bid to protect its auto industry from the fallout of new 25% tariffs on car imports...
Stellantis, Europe’s second-largest automaker, has reaffirmed its commitment to purchasing CO₂ credits from Tesla’s emissions pool in 2025, even with the European Commission’s recent compliance delay. This strategic move highlights...
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