DB Schenker deploys 40 new Volvo FM Electric into its German fleet

With expanding their fleet in Germany by 40 Volvo FM Electric trucks, DB Schenker, one of the world’s leading logistics service providers, is taking the next important step towards a sustainable future in logistics. The electric 20-ton trucks with the option for trailer operation are perfectly suited for both urban and regional transports. The 40

EU Plans to Slap Import Duties on Chinese EVs

Chinese cars will be slapped with import duties by the European Union if a solution to a trade stand-off between Brussels and Beijing isn’t found by the end of October. The European Commission, which manages trade on behalf of the 27 member countries, welcomed their majority approval of its plan to impose the duties, even

Govt announces Rs 500 crore e-mobility scheme

The heavy industries ministry on Wednesday announced a new scheme to promote e-mobility in the country with an outlay of Rs 500 crore for four months beginning April 2024. The new scheme is for 2-wheelers and 3-wheelers. The second phase of FAME-II or Faster Adoption and Manufacturing of Electric Vehicles in India programme ends on

Cross-Country on Electric: Ultraviolette & HPCL Make It Possible

Ultraviolette, a leader in Electric Mobility Solutions and Energy Technology, has signed an MoU with Hindustan Petroleum Corporation Limitied (HPCL) to establish electric vehicle charging stations at HPCL fuel outlets in India. This collaboration will bring convenience to electric vehicle enthusiasts throughout the country. Charging Ahead with Strategic Partnerships The alliance between Ultraviolette and HPCL

Iveco Group chooses BASF as first recycling partner for electric vehicle batteries

Ludwigshafen, Germany, and Turin, Italy – Iveco Group announces the selection of BASF, the world’s leading chemical company and biggest chemical supplier for the automotive industry, as its first partner to provide a recycling solution for the lithium-ion batteries of the Group’s electric vehicles. This decision is part of Iveco Group’s circular economy strategy which

Tata Power plans to invest hugely with focus on renewable energy projects

Tata Power Company Ltd plans to spend $175.24 million (Rs 14,000 crore) on its consolidated capital expenditure (capex) 2022-23, of which $125.17 million (Rs 10,000 crore) would be on renewable projects, the company said in a statement. The company’s total power portfolio stands at 5,524 megawatts (MW), which includes an installed capacity of 3,634 MW