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Hyundai & Grab Want To Accelerate EV Adoption In Southeast Asia

CleanTechnica EVs

Hyundai and Grab, which provides taxis and rental cars in markets in Southeast Asia, are in the mood to electrify. The two companies plan to also push battery-as-a-service and EV financing forward. Although operational costs of […]. Down in Southeast Asia, the duo are partnering to offer more electric cars as rentals.

Asia 139
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MEG expanding heavy-duty electric truck efforts; succsessful testing of mine vehicle

Green Car Congress

In addition to the environmental considerations, heavy-duty electric trucks offer additional benefits such as reduced cost of ownership, as well as labor cost savings and increased safety by providing autonomous piloting in closed working environments.

Vehicles 170
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Ampersand Secures $9 Million Debt Facility From US International DFC To Scale Operations

CleanTechnica EVs

A number of startups focused on electrifying the motorcycle and motorcycle taxi (boda-boda) market have now entered the boda-boda space in Kenya, Uganda, and Rwanda. They have adopted several models, including battery leasing and swapping services, hoping to entice boda-boda operators with the lower opex costs of electric motorcycles.

Rwanda 113
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Asian Development Bank providing $300M towards replacing 100K gasoline trikes with E-Trikes in the Philippines; $300M for major road upgrades in Chhattisgarh, India

Green Car Congress

million gas-fueled motorcycles and tricycles are currently operating in the Philippines, typically serving as short-distance taxis, with the average tricycle driver earning less than $10 a day. E-Trike drivers will save upwards of $5 a day in fuel costs, and the new E-Trikes have the capacity to carry more passengers. million.

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India’s electric four-wheeler ride-hailing fleet incentives

Electric Vehicles India

According to the analysis by the International council on clean transportation (ICCT) study, the Indian ride-hailing market is estimated to have a compound annual growth rate of 19% and is forecasted to reach net sales of INR 3,806 billion (€46.8 The analysis is done in 3 steps: Step one-Analysis of Total Cost of Ownership (TCO) 2020.

Fleet 52
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German OEMs to upgrade emissions control on 5.3M Euro 5 and 6 diesels, contribute to €500M Sustainable Mobility fund

Green Car Congress

The automakers will bear the entire cost of the retrofitting, estimated by the German Association of the Automotive Industry (VDA) to be at least €500 million. In this sense, modern and clean diesel technology can also contribute to climate protection. German auto manufacturers will optimize the emissions systems in 5.3

Diesel 150
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World Bank/PRTM study finds global value chain shift resulting from vehicle electrification could favor China from technology and supply chain perspectives

Green Car Congress

A newly released report financed by the World Bank and prepared by consultancy PRTM analyzes China’s New Energy Vehicles Program, as well as the Ten Cities, Thousand Vehicles Program, in the context of these megatrends and concludes that the overall value chain shift could favor China from both a technological and supply chain perspective.

China 199