defray income tax obligations during commercial operations. Under the proposed EVIS presented by the DTI to stakeholders last year, the government is looking at a production target of 6.3 million EV units under the clean energy scenario (CES) or 1.7 million EV units under business as usual (BAU) by 2040. It also sets a target of 147,000 EV charging stations under the CES or 42,000 EV charging stations under the BAU scenario. (From an article of P...

News  Updated at: 2025/06/13

cal company. For FY 2030, the company aims to increase sales to JPY 550 billion from JPY 486.8 billion in FY 2024, and operating profit of JPY 60 billion from JPY 18 billion. The company has also set a sales target of JPY 1 trillion and an operating profit target of FY 100 billion for FY 2035 to FY 2040. UBE has extended the period of its mid-term plan from the previous three to six years to steadily implement reforms. UBE’s five important issu...

News  Updated at: 2025/05/22

Hanon Systems expands photovoltaic capacity at Kladno plant, Czech Republic Hanon Systems has launched phase 2 of its photovoltaic system at Kladno plant in the Czech Republic, adding 20,000 sqm of rooftop solar panels to the existing 2,000 sqm of panels, with another 16,000 sqm planned in the coming weeks. The project supports the company’s goal of becoming carbon neutral by 2040. Once completed, the system is expected to generate approximatel...

News  Updated at: 2025/05/15

tations comply with national standards and safety protocols, solidifying the company’s role in advancing the Philippines’ transition to electric mobility. This initiative is in line with the DOE’s roadmap, which aims to achieve a 25% EV share in the passenger vehicle market by 2030 and 50% by 2040. (From SM Prime press release dated May 14, 2025)...

News  Updated at: 2025/05/15

   Volvo FM Low Entry     •    Volvo FMX Electric     •    Volvo FH Electric (International Truck of the Year 2024)     •    Volvo FH Aero Electric     •    Volvo VNR Electric Volvo Trucks drives the decarbonizing of transport to reach its net-zero emissions target by 2040 using a three-path technology strategy. This approach is built on battery electric, fuel cell electric and combustion engines that run on renewab...

News  Updated at: 2025/04/30

Fuji Keizai forecasts increase of EV charging infrastructure in Japan for 2040 Fuji Keizai Co., Ltd. (Chuo Ward, Tokyo) announced its investigation report on the popularization of charging infrastructure for electric vehicles (EVs) and plug-in hybrid vehicles (PHVs). The total number of rapid charging inlets in Japan is likely to increase by 4.1 fold from 2024 to 66,300 in 2040, and normal charging inlets by 3.1 fold to 140,300. Installation will...

News  Updated at: 2025/04/24

highlighted its autonomous vehicle project, which will continue through 2029. It is operated by companies like Space 42, Uber (in partnership with Tawasul), and AutoGo (in collaboration with Baidu's Apollo Go). The project aims to increase the share of autonomous transport to 25% of all mobility by 2040. Based on Abu Dhabi Mobility press release...

News  Updated at: 2025/04/22

cluding the increased use of low-carbon aluminium, improvements in battery manufacturing, using 100% renewable electricity in production, and adopting more efficient logistics. The Polestar 0 project, aimed at creating a climate-neutral car and supporting Polestar's goal of being climate neutral by 2040, has identified key low-carbon solutions, which have the potential to reduce the Polestar 2's carbon footprint by 10 tonnes compared to the proje...

News  Updated at: 2025/04/16

e kerbside, suitable for long-stay or overnight charging. Drivers can take advantage of cheaper overnight off-peak rates and a special resident tariff with ongoing discounts. Some public car parks will also get rapid and ultra-rapid chargers. It is planning to have over 12,000 EV charging points by 2040. Based on Suffolk County Council press release...

News  Updated at: 2025/04/14

Drop vans. Unifor National President Lana Payne said that the union has spoken with provincial and federal agencies to suggest purchasing vans produced at GM’s CAMI Assembly plant in Ingersoll, Ontario. Canada Post is in the middle of transitioning its 14,000 vehicles to a fully electric fleet by 2040, according to its website. Hybrid and electric vehicles make up more than 10% of its total vehicles. GM produces BrightDrop 400 and BrightDrop 60...

News  Updated at: 2025/04/12

r 12-year contract for clean electricity from a 48 MW wind park in Romania. The park will generate approximately 176 GWh annually once operational in 2027. These VPPAs also support Autoliv’s climate targets, which include carbon neutrality by 2030 and net-zero emissions across the supply chain by 2040. (From a press release dated April 3, 2025)...

News  Updated at: 2025/04/09

th its active role in expanding innovative transport services, Abu Dhabi Mobility is partnering with “Space 42” and “Uber” to operate autonomous taxis in the city, with a plan for gradual expansion into new areas across Abu Dhabi. Abu Dhabi Mobility aims to achieve several key objectives by 2040, including increasing the percentage of trips using autonomous vehicles to 25% of total trips in Abu Dhabi, reducing carbon emissions by 15%, and...

News  Updated at: 2025/03/28

of process steam per hour. The project, which is supported by funding from the German Federal Ministry for Economic Affairs and Climate Action, is scheduled for commercial operation by mid-2028. It aligns with Goodyear’s goal to use 100% renewable energy in all global manufacturing facilities by 2040. (From a press release dated March 24, 2025)...

News  Updated at: 2025/03/25

000 tons of recycled plastic for automotive applications by 2030. This will be gradually increased to more than 15% of the plastic needed for all passenger cars produced domestically from 2031 to 2035 (25,000 tons per year in 2031 to 124,000 tons per year in 2035), and to more than 20% from 2036 to 2040 (157,000 tons per year in 2036 to 190,000 tons per year in 2040). (From an article in the Nikkan Jidosha Shimbun on March 18, 2025)...

News  Updated at: 2025/03/18

Uber partners with Refex Green Mobility to deploy 1,000 electric vehicles in India by 2026 On March 11, Uber announced a partnership with Refex Green Mobility, a wholly owned subsidiary of Chennai-based Refex Industries Limited, to deploy 1,000 electric vehicles (EVs) across key Indian cities by 2026. The initiative is part of Uber’s global commitment to achieving 100% emission-free rides by 2040. Under the collaboration, electric four-wheelers...

News  Updated at: 2025/03/12

er commercial vehicle plant in Germany has been running entirely on green electricity since January 1, 2025. This marks a significant milestone, as all Volkswagen Commercial Vehicles (VWCV) factories now operate with renewable energy, supporting the company’s goal of climate-neutral production by 2040. The Hannover-Stöcken facility, which manufactures all-electric ID. Buzz models for global markets, follows the example of Volkswagen Poznań pl...

News  Updated at: 2025/01/31

ade from fossil-free steel. Using SSAB AM high strength steel powder and an eco-friendly PVD coating, this innovation reduces the carbon footprint of components and demonstrates the potential for low-carbon plastics in future mobility designs. It is a key step toward achieving net-zero emissions by 2040. (From Autoliv social media updates on January 23, 2025)...

News  Updated at: 2025/01/24

lowering user fees for EV owners and prioritizing registration and traffic privileges. Other measures that strengthen the government’s commitment to clean energy include the Comprehensive Roadmap for the Electric Vehicle Industry, which aims to achieve a 50% EV market share in the Philippines by 2040 and Executive Order 62, which seeks to reduce tariff rates on pure electric or hybrid 4-wheel vehicles and, motorcycles to zero until 2028. Tesla...

News  Updated at: 2025/01/23

his PVT plant, the Vaihingen-Enz site will become nearly independent of natural gas, significantly reducing its reliance on fossil fuels. The decarbonization of this Vaihingen-Enz plant will serve as a reference project for other sites, while supporting the company’s goal of climate neutrality by 2040. (From a press release dated January 20, 2025)...

News  Updated at: 2025/01/21

at SGD 15,000, while the incentive for Band B (mainly petrol vehicles) will be removed. The surcharge for Band C (mainly diesel vehicles) will be raised from the current SGD 15,000 to SGD 20,000. These changes are in line with the government’s vision to have all vehicles run on cleaner energy by 2040. Meanwhile, the Early Turnover Scheme (ETS) for Heavy Commercial Vehicles (HCVs), covering Heavy Goods Vehicles, Very Heavy Goods Vehicles, Goods...

News  Updated at: 2025/01/03