All news – Page 10
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Oil on troubled waters: GB Fuels in the spotlight
Hydrogenated vegetable oil (HVO) fuel goes a long way to solving hauliers’ problems of cutting their carbon footprint, but the demise of a major supplier has also revealed deeper structural issues.
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Luxor Capital Group rescues Volta from bankruptcy
Volta Trucks, the electric truck manufacturer that filed for bankruptcy in October, has found a buyer in Luxor Capital Group. The New York-based hedge fund, which was both a shareholder and lender to Volta Trucks, has completed the acquisition for an undisclosed sum.
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Lion Electric announces 10% workforce cut in bid to slash costs
Lion Electric, a Canadian-based electric bus and truck manufacturer, has announced a cost-cutting programme removing 150 jobs from the business in a bid to accelerate the company’s shift to profitability.
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Green Finance Institute publishes report to accelerate the shift to net zero trucks
A recent report from the Green Finance Institute calls for immediate measures to electrify HGVs in the UK.
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Tevva and ElectraMeccanica call a truce on merger fall-out
In a statement issued by Tevva and ElectraMeccanica, on 29 November 2023, both companies have announced they have amicably resolved the litigation surrounding their intended merger.
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UK freight decarbonisation community gathers in Birmingham
This year’s Motor Transport Decarbonisation Summit brought together key stakeholders for a day of debate, discussion and insights as delegates tackled the big issues associated with the decarbonisation of the road freight and commercial vehicle sector.
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Motor Transport Decarbonisation Summit 2023 study visit to Tyseley Energy Park
Delegates to this year’s Motor Transport Decarbonisation Summit, sponsored by bp, Optimize and Scania, had the opportunity to join a study tour at the Tyseley Energy Park on the day before the main Summit to get under the skin of some of the latest industry developments.
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Circle K expands Swedish electric truck charging network with 16 new points
Circle K has added 16 heavy-duty vehicle Charging points to its network in Sweden, further enhancing the country’s electric truck charging infrastructure. Located in Hudiksvall, Mantorp, Malmö, Spillepengen, and Bollebygd, these charging stations contribute to Circle K’s growing network of truck charging hubs strategically positioned along key transit routes.
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Scania implements green purchasing requirements to drive supply chain decarbonisation
Scania it is taking a significant step to decarbonise its supply chain with announcement of mandatory purchasing requirements.
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Renault Trucks starts production of E-Tech T & C electric trucks at its Bourg-en-Bresse factory
Renault Trucks has commenced series production of its heavy-duty electric trucks, the Renault Trucks E-Tech T and C, at it Bourg-en-Bresse factory
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Milence establishes truck charging hub at key European ports
Milence, a collaborative venture involving Daimler Truck, Volvo Group, and Traton, has been selected by the Port of Antwerp-Bruges to construct two heavy-duty charging hubs.
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Peak time kerbside EV charging costs experience a 13p/kWh increase, AA Reports
Recent data from the AA’s ev Recharge Report indicates a significant increase in the average peak time cost for using slow-charging kerbside electric vehicle (EV) charge points, marking an increase of 13p/kWh.
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Electric FH wins International Truck of the Year 2024
Volvo’s FH Electric becomes the first electric truck to be elected International Truck of the Year.
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Diageo partners with Zeus to launch HVO trial
Sustainable freight management specialist Zeus has teamed up with multinational beverage company Diageo to launch hydrotreated vegetable oil (HVO) fuel trials in the UK.
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BREAKING NEWS: Certas scoops Green Biofuels out of administration
Green Biofuels Ltd, which went into administration in October, has been sold to Certas Energy UK
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SSE Energy Solutions announces plans for first electric HGV charging hub
SSE Energy Solutions is set to establish its inaugural electric Heavy Goods Vehicle (HGV) charging hub at Tyseley Energy Park in Birmingham, West Midlands.
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Lifeline for Volta Trucks as Luxor Capital hints at takeover bid
One of the largest creditors of Volta Trucks is thought to be in advanced discussions to buy the UK-based company out of administration. Volta’s administrator, Marcel & Alvarez, declined to comment but Sky News reported that New York-based Luxor Capital Group was closing in on ...
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CMA reminds EV charge point operators to adhere to competition laws
The Competition and Markets Authority (CMA) in the UK has issued a reminder to EV charge point operators and motorway service area operators to adhere to competition laws in infrastructure planning. The CMA’s scrutiny follows investigations into suspected breaches and a competition law case addressing long-term exclusive arrangements. The focus ...
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DHL to be running entirely on HVO by end of year
As orginally reported in Motor Transport, DHL Supply Chain has announced a swift and comprehensive shift from diesel to hydrotreated vegetable oil (HVO) at all its on-site fuelling stations by the end of the next month. This ambitious move is a key component of the company’s decarbonization strategy, aiming to ...