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.

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

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.

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.

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.

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.

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

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

UD Trucks actions decarbonisation plan with installation of solar panels.