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Business News

Sustainability

Petrobras' renewable R5 diesel passes six months of trials in city buses in Brazil

Brazil

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R&D

|

Diesel / Bio-Diesel Fuel

Petrobras' renewable R5 diesel passes six months of trials in city buses in Brazil

By Jose Secco – 20th January 2023

Petrobras says the Diesel R5 (95% diesel : 5% biodiesel) fuel bus trials have proven to be successful and under the BioRefino Program is investing some USD600m to 2026 to ramp up capacity to provide this fuel to the market in Brazil.

SK Group to produce, distribute liquid hydrogen from 2023

South Korea

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Hydrogen Fuel

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Investment

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Manufacture

|

Distribution & Aftermarket

SK Group to produce, distribute liquid hydrogen from 2023

By Will Pulson – 12th January 2023

Hyundai signs HFC commercial vehicle manufacturing joint venture MoU in China

China

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Hydrogen Fuel Cells

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Agreement

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Distribution & Aftermarket

Hyundai signs HFC commercial vehicle manufacturing joint venture MoU in China

By Will Pulson – 10th January 2023

EU releases final proposal for battery regulations

Belgium

|

Batteries & Energy Storage

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Regulations

EU releases final proposal for battery regulations

By Bradley Osborne – 5th January 2023

UK

|

Batteries & Energy Storage

|

Sustainability

Teesside picked for “mega-scale” EV battery recycling plant

By Bradley Osborne – 28th December 2022

Mining and refining company Altilium Metals is committed to opening the country’s largest EV battery recycling facility by 2025, following a Government Innovation award for over GBP3m.

Germany

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Investment

|

Sustainability

ZF raises EUR700m through sustainability bond

By Bradley Osborne – 22nd December 2022

The funds raised are intended to support the company’s research and development into e-mobility, autonomous vehicles and advanced safety systems.

Sweden

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Investment

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Venture Capital

Scania issues green bond, announces venture capital fund to support future mobility

By Bradley Osborne – 19th December 2022

Scania has issued a green bond worth SEK3bn to support further investments into electrification, and it has launched a venture capital fund totalling SEK2bn to support fledgling tech firms in the vehicle industry. 

India

|

Diesel Engines

|

Product

Tata Motors launches 5W30 synthetic engine oil for CVs

By Rajesh Khanna – 5th December 2022

After extensive testing, the 5W30 synthetic oil reduces friction in the engine and offers prolongued engine life, says Tata Motors.

Sweden

|

USA

|

Agreement

|

Sustainability

McNeilus to build prototype refuse vehicles from fossil-free steel

By Bradley Osborne – 4th December 2022

McNeilus and SSAB plan to build prototype waste collection vehicles with steel made from direct-reduced iron, which can be done using renewable hydrogen – therefore producing no greenhouse gas emissions.

Indonesia

|

Sweden

|

Agreement

Sweden in talks with Indonesia on electric bus network

By Jim Gibbins – 21st November 2022

Sweden and Indonesia look to work together to decarbonise East Java.

Germany

|

Sustainability

|

Investment

Volkswagen updates its Green Finance Framework for sustainability-linked bonds

By Bradley Osborne – 18th November 2022

In October, Volkswagen published an updated ‘Green Finance Framework’, an outline for issuing green bonds which incorporates up-to-date EU taxonomy for sustainable activities.

Germany

|

Batteries & Energy Storage

|

Sustainability

MAN takes part in second-life battery project

By Bradley Osborne – 14th November 2022

Around 120 battery packs with capacities of 18.6 kWh will be handed over to an unnamed energy storage firm, to evaluate whether used truck batteries are suitable for stationary energy storage applications.

China

|

UK

|

Sustainability

|

Hydrogen Fuel Cells

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Investment

Johnson Matthey begins recycling fuel cells in China

By Luke Willetts – 22nd October 2022

Johnson Matthey has begun refining and recycling operations at its plant in China of the platinum group metal (PGM) content from membrane electrode assemblies (MEA), a key component of automotive fuel cells.

Italy

|

Wheels & Tyres

|

Exhibitions

Michelin showcases bus tyre made of 58% sustainable material at media day

By Bradley Osborne – 21st October 2022

The bus tyre, 58% of which is made out of sustainable materials, was displayed as an illustration of Michelin’s commitment to replacing its current tyres with 100% sustainable ones by 2050.

Indonesia

|

Electric Drive

|

Distribution & Aftermarket

|

Emissions

Fuso trials eCanter in Bali, Indonesia

By Will Pulson – 13th October 2022

Fuso sets up trials of latest eCanter in Indonesia. Indonesian government sets out strategy to decarbonise transport.

Indonesia

|

Electric Drive

|

Policy

|

Sustainability

Jakarta to switch bus fleet to battery power by 2030

By Will Pulson – 13th October 2022

Jakarta engages UK powertrain maker, Equipmake, to aid retrofitment of e-powertains in city fleet.

Thailand

|

Investment

|

Sustainability

UD Trucks installs solar panels at truck plant in Thailand

By Jim Gibbins – 11th October 2022

UD Trucks actions decarbonisation plan with installation of solar panels.

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