The Federal Cabinet of Germany has allocated EUR 13.8 billion for E-Mobility funding from 2024 – 2027. The funding will target the advancement of electromobility, which includes the expansion of commercial vehicle charging infrastructure.

This centre has begun testing semiconductors that the company manufactures at its factory in Dresden, Germany. The new facility houses 400 employees and includes office space, conference rooms and laboratories to ensure quality control in the manufacturing process.

Chairman, Indian Oil, said: "The collaboration with an Indian biofuel major – Praj, ... will strengthen our resolve to achieve our goal of net-zero operational emissions by 2046 and maintain our leadership in the green energy domain.”

The new facility operates and complies with the standards as stated by the government’s vehicle scrapping policy - Voluntary Vehicle Fleet Modernization Program (V-VMP), which took effect in April 2022.

The Green Financing Framework will allow for the issuance of green bonds, helping the company fund green projects, such as the generation of green electricity at its factories. The company has pledged CO2 neutrality at all its production facilities by 2039.

The school bus utilises 196kWh batteries which have 25 percent more capacity than previous generations and fast charging capabilities allows the bus to be fully charged in three hours. Furthermore, this generation is 450 kg (1000 pounds) lighter, making it more efficient than its predecessors.

FPT has signed an agreement with Reefilla to launch a second-life battery project using Iveco’s eBS37 battery packs. Once these batteries are no longer suitable for use, they will be delivered to Reefilla’s headquarters in Turin and repurposed in stationary storage units for charging stations.

Starting in January 2025, the Urbasolar group will supply Keolis with an annual 18 gigawatt-hours (GWh) of electricity generated at French solar farms. This will allow Keolis to supplement its energy supply at a fixed, long-term price, whilst reducing its CO2 emissions by an estimated 290 tonnes of per year.

DAF’s new generation combustion engine trucks (LF and XD series as well as certain XF, XG and XG+ trucks) are able to use Hydrogen Vegetable Oil (HVO), a biofuel the company claims can reduce CO2 by 90% compared with diesel. For operators, these new generation trucks can utilise HVO without any modifications whilst emulating their performance and service intervals of up to 200,000 kilometres.

The company recently installed more than 6,000 photovoltaic solar panels on the roof of the Mercedes-Benz plant in Wörth, Germany. The system generates 3,000 MWh of electricity a year.

The company halted production at its joint venture plant in the Russian city of Ulyanovsk in March 2022.

The German multinational has committed a further EUR 2.5 billion over the next five years to support the expansion of its hydrogen fuel cell technology as the company expects to generate roughly EUR 5 billion in sales from it by 2030.