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Volvo Trucks had 42% market share of heavy-duty electric trucks in Europe in 2021

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The international trucking industry is undergoing a transformation towards more sustainable transport as sales of heavy battery electric trucks are starting to pick up, with Europe in the lead. An increasing number of heavy all-electric trucks are now running in commercial traffic. Volvo Trucks has the largest market share at 42%.

Volvo 455
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China EV maker XPeng inks strategic cooperation agreement with banks for $2B credit facilities

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Under the terms of the agreement, five domestic commercial banks including the Agricultural Bank of China, the Bank of China, China Construction Bank, China CITIC Bank and Guangzhou Rural Commercial Bank, will provide credit facilities to support the company’s business operations and expansion of its manufacturing, sales and service capabilities.

China 199
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ABI Research: connected services for consumer and commercial EVs to reach US$378M in revenues by 2030

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Subscriptions of connected services for consumer and commercial Electric Vehicles (EVs), such as charging-station locator, eco-routing, and EV telematics, will grow 270% from 2020 to 2024, reaching 7 million subscribers by 2024, according to global tech market advisory firm, ABI Research.

Connect 191
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Mercedes-Benz seeing strong demand for electrified and high-end vehicles

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Based on internal calculations, Mercedes-Benz is on track to meet its European new car fleet average emissions targets (including European Union, Norway and Iceland) for the year 2021. Mercedes-Benz Vans: Sales of Commercial Vans increased in 2021. Sales of commercial vans rose 2.6% Deliveries of commercial vans fell 12.9%

Mercedes 199
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New HERE-SBD index identifies EV leaders and laggards in the US and Europe

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The HERE-SBD Automotive EV Index highlights, since 2020, US state-level and European country-level leaders and laggards based on various critical metrics, including the number of charging points (Electric Vehicle Supply Equipment), vehicle registrations, geography, and road network length. Highlights of the HERE – SBD Automotive EV Index.

Europe 170
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Air bp and Neste agree to offer a five-fold increase in volume of sustainable aviation fuel in Europe

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Neste, the world’s largest producer of renewable diesel and sustainable aviation fuel (SAF) produced from waste and residue raw materials and Air bp, the international aviation fuel products and services supplier, have signed an agreement to offer an increased volume of sustainable aviation fuel to airport customers in 2020 and 2021.

Europe 186
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Yara and Kongsberg partner to build world’s first autonomous electric container feeder ship; moving goods from roads to ships

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Operation is planned to start in the latter half of 2018, shipping products from YARA’s Porsgrunn production plant to Brevik and Larvik in Norway. YARA Birkeland will initially operate as a manned vessel, moving to remote operation in 2019 and expected to be capable of performing fully autonomous operations from 2020.

Building 170