carbon neutral
Infineon and Amkor partner on decarbonization and sustainability strategies
On July 18, Infineon Technologies AG signed a memorandum of understanding with Amkor Technology, Inc. They intend to fully leverage their classical Outsourced Semiconductor Assembly and Test (OSAT) business relationship to tackle emissions along their supply chain effectively. In April, both companies announced to
BMW Landshut plant unveils energy and resource reductions in 2023
On July 11, BMW announced that its Landshut plant has released its 2023 environmental statement, highlighting substantial efforts in environmental and climate protection. In 2023, the plant reduced its energy consumption by around 10% through targeted optimizations and investments in energy-efficient technologies. Wa
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KIRCHHOFF Automotive, Germany and Hyundai Steel partner on low-carbon steel products
On July 10, KIRCHHOFF Automotive signed a memorandum of understanding with Hyundai Steel Company to supply low-carbon steel products. It will give KIRCHHOFF Automotive an additional opportunity to source green steel from as early as 2025.
Hyundai Steel Company will supply steel in the form of cold-rolled and hot-dip
UK Automotive Industry cuts carbon emissions by 54% in vehicle production since 1999
On July 9, the Society of Motor Manufacturers and Traders (SMMT) released its 25th Automotive Sustainability Report, revealing a 54% reduction in carbon emissions from vehicle production compared with 1999 that was achieved through significant industry investment. Energy and water usage per vehicle also dropped by 18
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VW Poznań achieves full renewable energy with photovoltaic installation in Września plant
On July 9, Volkswagen Poznań announced that its factories will now use 100% renewable electricity. In 2022, the Września plant began constructing a photovoltaic farm. The first stage, covering 4 ha with a 2 MW capacity was completed and launched in spring 2023.
Recently, the second stage was completed by expanding th
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Renault joins New Energies Coalition for Transport and Logistics to lead sustainable transport innovations
On July 5, Renault Group announced its membership in the New Energies Coalition for Transport and Logistics. The collaboration aims to advance sustainable solutions for freight supply chains and leverage AI in logistics operations. Renault Group brings its automotive expertise to support the Coalition's goal of reduc
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Venture capital firm Demeter invests in H2 Green Steel Boden, Sweden plant
On July 2, Demeter invested in H2 Green Steel’s Boden plant via the Climate Infrastructure Fund. Demeter is a major European player in venture capital, private equity, and infrastructure investment in the field of energy and ecological transition. Its funds invest between EUR 1 million and EUR 30 million to support c
BYD and Uzbekistan Government sign Green Transportation Initiative Cooperation Agreement
On July 5, BYD announced that it had signed an agreement prompting the start of a Green Transportation Initiative Cooperation with the Government of Uzbekistan.
Within the Agreement, BYD in conjunction with the Uzbekistan government, will promote relevant regulations and certification policies for new energy vehicles
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Karsan, Turkey switches to 100% renewable energy in production
On July 4, Karsan announced that it is now starting to use renewable energy sources in its production facilities. Karsan has started to use 100% renewable energy sources at its Bursa factory since April 2024. It will help to reach its goal of being a carbon-neutral factory by 2030.
Green energy obtained from continu
Hydrovolt invests in battery recycling capacity in France
On July 3, Hydrovolt, a JV of Norsk Hydro and Northvolt, announced that it is establishing a battery recycling capacity in Hordain, France. As a first step, Hydrovolt will establish a collection point with the ability to discharge and dismantle EV batteries and industrial batteries.
The site already has a set-up sui
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Eberspaecher sets target to become CO2-neutral company by 2040
Eberspaecher Group (Eberspaecher) has targeted to become CO2-neutral company by 2040 in addition to the previous target to achieve CO2-neutral production by 2030.
Over the past 4 years, the company has been able to reduce its global production-related CO2 emissions by 56% through the reduction in energy consumption,
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Gestamp to use ARVZERO low-emissions steel from Acciaieria Arvedi
Gestamp Automocion S.A. (Gestamp) and an Italian steel producer Acciaieria Arvedi (Arvedi) have reached an agreement to use Arvedi’s carbon-neutral certified ARVZERO steel for the production of low-emissions steel auto components.
Made from high-quality scrap, the ARVZERO steel is based on the Arvedi-ESP technology a
GAC Honda releases program for all-domain revolution
On July 1, GAC Honda released upon its 26th anniversary a corporate strategic transformation and upgrading program for an all-domain extreme revolution, aiming to be “more intelligent, greener, and more efficient”. The strategic targets are as follows:
- In 2024, build and commission a new EV plant and plan
GM to pay USD 145.8 million penalty for excess vehicle emissions
On July 3, the U.S. National Highway Traffic Safety Administration (NHTSA) said GM will pay a USD 145.8 million penalty for fuel economy compliance issues and cancel more than 30.6 million fuel economy credits for the 2008-2010 model years to resolve the excess emission issues identified by EPA's light-duty vehicle i
First GAC Toyota Tech Open Day held
On June 28, the first GAC Toyota Tech Open Day was held, where GAC Toyota announced the launch of the era of hybrid balance and exhibited significant achievements in technology innovation in a centralized manner.
For electrification, the GAC Toyota 5th-generation intelligent dual-engine hybrid electric power system s
Syensqo and NIO start joint laboratory for material innovation in China
On June 2, Syensqo announced the inauguration of a joint laboratory with NIO Inc. This occasion was marked by an opening ceremony at the new NIO House in Shanghai. The collaboration aims to harness the unique strengths of both entities to spearhead the development of novel materials and the exploration of innovative
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Mover program is approved by President Lula da Silva in Brazil
On June 27, it was announced that the President of Brazil, Luiz Inácio Lula da Silva, approved the Green Mobility and Innovation (Mover) program.
This program aims to encourage the use of less polluting vehicles though the creation of financial incentives and the reduction of the Tax on Industrialized Products (IPI)