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Hyundai Motor Group invests $300M in India’s largest mobility service provider Ola

Green Car Congress

India is the centerpiece of Hyundai Motor Group’s strategy to gain leadership in the global mobility market and our partnership with Ola will certainly accelerate our efforts to transform into a Smart Mobility Solutions Provider. —Euisun Chung, Executive Vice Chairman of Hyundai Motor Group. Ola already hosts more than 1.3

Hyundai 186
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H2 Logic opens 70MPa fast-fill hydrogen station in Oslo; H2MOVES Scandinavia

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The new station and the large number of FCEVs (Fuel Cell Electric Vehicles) result from the largest EU-financed demonstration program for hydrogen and fuel cell cars. The aim of the H2moves Scandinavia project is to accelerate the market introduction of hydrogen powered FCEVs by gaining customer acceptance for the technology.

Hydrogen 225
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European Commission proposes 15% reduction in CO2 for new heavy-duty trucks by 2025, indicative target of 30% by 2030

Green Car Congress

The Commission proposed bringing forward the date (by three years to 2019), when manufacturers put on the market new heavy goods vehicles with more rounded and aerodynamic cabins. When taking the complete vehicle into account—a rigid body or a tractor plus a trailer—the truck market becomes even more complex.

CO2 199
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Electric vehicles sales, transportation & policy initiatives 

Electric Vehicles India

To know the exact sales value, the EVs sales report is the best source to know the market potential in India. The government adopted the Faster Adoption and Manufacturing of Hybrid and EV (FAME) scheme in 2015 with an outlay of INR 8.95 The Indian market has now witnessed some decent growth in the EV industry in FY20-21.

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8-state alliance releases action plan to put 3.3M ZEVs on their roads by 2025

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Since the MOU signing, state regulators, the auto industry and infrastructure developers and other stakeholders have shared information and best practices to help move this effort forward. To date, manufacturers have rolled out more than 2 dozen models in the three ZEV categories. Assessment of creative vehicle financing innovations.

Plug-in 244
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EC makes €24.2M available to the development of electromobility in Europe

Green Car Congress

million), in partnership with 42 partners from the industries, utilities, electric car manufacturers, municipalities, universities and technology and research institutions. million) available to finance part of the initiative’s activities. contribute to the identification of the best solutions for the European market.

Europe 199
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Potsdam/TUB/BMW report says cap-and-trade instrument for road transport fuels combined with vehicle efficiency metrics is the most promising policy approach to reduce transport GHG

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The study, written by scientists of the Technical University Berlin (TUB) and PIK, was commissioned and financed by the BMW Group. Current regulation of GHG emissions in the transport sector relies heavily on fuel-efficiency and low-carbon fuel standards—non-market standards with only limited coverage, the report notes.