Scania has now issued its first green bond. About 30 Nordic banks, insurance companies and pension fund managers participated. The bidding resulted in Scania raising loans totalling SEK 1.25 billion with a 4-year maturity for investments that the company is making to convert to production of electric vehicles. It was at the end
Yapı Merkezi will carry out the upper-structure construction of the Gemlik Facility, which is at the core of TOGG‘s ‘Journey to Innovation‘ goal and is defined as ‘More than a Factory’ with its smart and environment-friendly features. TOGG, which stepped into the “New League” on December 27, 2019, with the introduction of demonstrator
Lotus Engineering is launching a pilot containerised battery testing facility to assess energy storage solutions for the booming EV sector. It will allow Lotus Engineering to carry out various battery cell, module and pack characterisation tests, performance evaluations, and component and lifetime testing under controlled conditions. Early feasibility study support and validation of
Renault and Nissan, within their Alliance, have signed a Memorandum of Understanding (MoU) with Uber with the aim of electrifying its customers’ journeys in Europe. The companies will now explore a strong partnership to provide partner drivers on the Uber App with affordable electric vehicles in European markets, notably in the United Kingdom,
The European Automobile Manufacturers’ Association (ACEA) and Eurelectric welcome the focus on infrastructure for electrically-chargeable vehicles in the coronavirus recovery plan announced by the European Commission. The associations support the goal of funding 1 million public charging points referred to in the plan. However, they note that this objective was already part of
Groupe Renault unveiled today its new strategy for the Chinese Market, building on two of its key pillars: Electric Vehicles (EV) and Light Commercial Vehicles (LCV). Within this new strategy, Groupe Renault activities in China will be driven as follow: About Chinese ICE Passenger Car Market Regarding ICE passenger car, Groupe Renault has
Over the next two years, Volkswagen Commercial Vehicles (VWCV) will be supplying a total of 420 e-Crafter vans to Chronopost, French city logistics company. The Groupe La Poste subsidiary chose the e-Crafter after performing extensive tests. Martin Piechowski, President of Chronopost, and Heinz-Jürgen Löw, member of the brand Board of Management for Sales and
As announced in August 2018, Busworld International and VNU Exhibitions Asia Ltd. are partnering up to relaunch the reputational Busworld China. The event will be organised in the SWEEC (Shanghai World Expo Exhibition & Convention Centre) in Shanghai from 18 to 20 March 2020, one year from now. Sustainable mobility is one of
Groupe Renault and JMCG announce an agreement in EV on the fast-growing Chinese market, which represents today 50% of the worldwide EV market. Groupe Renault will take a significant part of JMEV, a subsidiary of JMCG and one of the main EV player in China. Groupe Renault will thus complete its offering, increase
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