São Paulo plans to acquire 2,600 new electric buses by the end of 2024.

The company unveiled two new lightweight steel wheels for the commercial vehicle sector, the 22.5x11.75 steel wheel for trailers and trucks and the 24.5x9.00 drop-centre wheel.

Iveco looks to push low carbon and clean drivelines in the truck and bus markets of Latin America. Iveco has now supplied the first 17 units out of a total of 20 of the Hi-Way NG 6X2 600S46T tractor unit – gas powered trucks with biomethane is seen by many in Brazil as being a sustainable transportation solution in the country.

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 E&S plans to produce up to 30,000 tons of liquid hydrogen per year at a new facility in Incheon.

Hyundai, which has had a presence in China CV manufacturing sector through joint venture companies for many years, is to use its new MOU with CICC to expand its presence in the region in zero emissions HFC technology.

The regulations which have been proposed - comprising packaging and recycling requirements - would cover the entire life cycle of the battery.

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.

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

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. 

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

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.