Remove Automobile Manufacturer Remove Financing Remove Industry Remove Manufacturer
article thumbnail

The Auto Industry Must Aim 100% Electrification In 2 & 3-wheeler Segments Says Amitabh Kant

Get Electric Vehicle

The country’s focus must be on shared, connected, and electrified transportation, Kant stated at the annual meeting of the Automotive Component Manufacturers Association of India (ACMA). He did agree, however, that the EV sector still confronts hurdles in terms of financing these vehicles. ” Said, Kant.

article thumbnail

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

Green Car Congress

As part of the strategic collaboration, the companies have agreed to co-create solutions to operate and manage fleet vehicles, marking the Group’s first foray into the industry, as they expand operations from automobile manufacturing and sales to total fleet solutions. Ola already hosts more than 1.3

Hyundai 186
article thumbnail

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. To allow for further CO 2 reductions, the Commission said it was making it easier to design more aerodynamic trucks and is improving energy labeling for tires.

CO2 199
article thumbnail

Electric vehicles sales, transportation & policy initiatives 

Electric Vehicles India

The Government of India is continuously making efforts to bring the electric vehicles revolution in India through various initiatives be it providing exemption of tax on electric vehicles or providing incentives under the FAME II (Faster Adoption and Manufacturing of Hybrid and EV). Society of Manufacturers of Electric Vehicles (SMEV).

article thumbnail

GM Reaches Agreement with China-based Pacific Century Motors on the Sale of Nexteer Automotive

Green Car Congress

The company designs, engineers, manufactures and sells electric power steering, hydraulic power steering, steering columns and driveline halfshafts for more than 60 automobile manufacturers and tier one suppliers. Tempo is a manufacturer of complex automotive components, serving automotive OEMs worldwide.

GM 186
article thumbnail

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

Green Car Congress

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 cars in the project will be leased to private and industrial customers and used on an everyday basis. —Prof.

Hydrogen 225
article thumbnail

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

Green Car Congress

The study, written by scientists of the Technical University Berlin (TUB) and PIK, was commissioned and financed by the BMW Group. Second, car manufacturers can react to standards through technology and innovation, shifting their automobile portfolio, but also by pushing additional fuel efficient cars into the market (e.g.