Tag Archives: sustainable transport

EIB Global Invests €25 Million to Modernize Air Navigation in Serbia and Montenegro, Boosting Efficiency and Sustainability

(IN BRIEF) The European Investment Bank (EIB Global) has committed €25 million to upgrade the air navigation control system in Serbia and Montenegro, a project aimed at enhancing safety, efficiency, and environmental performance. This investment will fund the development of … Read the full press release

DB Schenker’s Electric Trucks Conquer Harsh Finnish Winters, Paving the Way for Sustainable Logistics

(IN BRIEF) DB Schenker has successfully demonstrated the reliability of its electric truck fleet in Finland over a one-year period, proving that these sustainable vehicles can operate efficiently in extreme winter conditions, even at -30°C. Two FUSO eCanter trucks have … Read the full press release

€150 Million Investment Propels Málaga Metro Extension to Boost Urban Mobility and Sustainability

(IN BRIEF) The European Investment Bank and the Junta de Andalucía have secured a €150 million financing deal to extend Málaga Metro line 2, connecting Guadalmedina with the future Hospital Civil de Málaga station. This project includes the construction of … Read the full press release

Alstom’s Groundbreaking AlUla Tramway Project: Bridging Heritage and Innovation

(IN BRIEF) Alstom’s Managing Director for the Middle East, Mohamed Khalil, shares insights on the design and vision behind the AlUla tramway project, a key element in Saudi Arabia’s Vision 2030. Combining sustainability with cutting-edge low-carbon technology, the project promises … Read the full press release

Siemens Mobility Secures Framework Agreement for Up to 50 Vectron Locomotives with RIVE Private Investment and Northrail

(IN BRIEF) Siemens Mobility has signed a major framework agreement with RIVE Private Investment and Northrail for up to 50 Vectron locomotives. The deal includes an initial 15 locomotives and an eight-year full-service contract, with options to purchase additional locomotives … Read the full press release

KfW IPEX-Bank Extends EUR 50 Million Loan to Kölner Verkehrs-Betriebe for Sustainable Public Transport Investments

(IN BRIEF) KfW IPEX-Bank has granted Kölner Verkehrs-Betriebe (KVB), a subsidiary of Stadtwerke Köln, a EUR 50 million loan to fund the transition towards more sustainable public transportation. The investment will support the acquisition of electric buses and the development … Read the full press release

Moeve and Bio-Oils Energy Advance €1.2 Billion SAF Project in Spain with Alfa Laval Technology

(IN BRIEF) Moeve, in partnership with Bio-Oils Energy and supported by Alfa Laval technology, is advancing a €1.2 billion SAF production project in Spain. The new facility in Huelva, set to produce 500,000 tonnes of SAF and renewable diesel annually, … Read the full press release

Emerging Markets Climate Action Fund Secures €450 Million, Paving the Way for Major Climate Investments in Developing Countries

(IN BRIEF) The Emerging Markets Climate Action Fund (EMCAF), a partnership between the European Investment Bank (EIB) and Allianz Global Investors, has reached a closing total of €450 million with the final €20 million contribution from Germany’s Kreditanstalt für Wiederaufbau … Read the full press release

Siemens eMobility Powers Sustainable Transport with Major EV Charging Projects in Italy

(IN BRIEF) Siemens eMobility has been selected as the technology partner for two major EV charging infrastructure projects in Italy, collaborating with Autolinee Toscane and IPLANET. The projects aim to accelerate sustainable mobility by electrifying public transportation and enhancing logistics … Read the full press release

M&S Expands Fleet with 85 Zero and Low-Emission Vehicles as Part of Net Zero 2040 Commitment

(IN BRIEF) Marks & Spencer (M&S) has announced the addition of 85 zero and low-emission vehicles to its logistics fleet as part of its Plan A strategy to achieve Net Zero by 2040. This includes five battery-electric heavy goods vehicles … Read the full press release

Volvo Group Takes Bold Step Toward Decarbonization at CES 2025

(IN BRIEF) Martin Lundstedt, CEO of Volvo Group, will deliver a keynote at CES 2025, highlighting the company’s strategy for decarbonizing the transport, mobility, and infrastructure sectors. Emphasizing the urgent need for action, Lundstedt called for accelerated adoption of zero-emission … Read the full press release

MAHLE Showcases Technological Diversity for Sustainable Transport at IAA Transportation 2024

(IN BRIEF) MAHLE emphasizes technological diversity to accelerate decarbonization in the transportation sector. The company showcases its expertise in battery electric drives, hydrogen engines, fuel cells, and renewable fuels, with significant contributions to commercial vehicles globally. At the IAA Transportation … Read the full press release

Portugal Pioneers Electric Transport for IKEA with New Cross-Industry Partnership

(IN BRIEF) Portugal is taking significant steps towards sustainable transport with the launch of heavy-duty electric vehicles for IKEA product transportation. Starting in late June, KLOG will deploy battery-electric vehicles from Scania to transport goods from the IKEA Industry factory … Read the full press release

Pioneering Collaboration Transforms Sustainable Transport for IKEA in Portugal

(IN BRIEF) IKEA, in partnership with Scania Group and transporter KLOG, is launching heavy-duty electric vehicles for transporting its products in Portugal. Starting in late June, these vehicles will move goods from the IKEA Industry factory in Paços de Ferreira … Read the full press release

DHL Freight Deploys Fully Electric Mercedes-Benz eActros 300 Trucks for Sustainable Transport

(IN BRIEF) DHL Freight has introduced its first fully electric heavy tractor-trailers, Mercedes-Benz eActros 300, in Germany, marking a significant step towards reducing greenhouse gas emissions in delivery and distribution transport. Deployed at the Koblenz and Hagen sites, these vehicles … Read the full press release

EIB Backs Agria Group Holding’s Sunflower Oil Plant and Sustainable Transport in Bulgaria with €35 Million Loan

(IN BRIEF) The European Investment Bank (EIB) has partnered with Kristera AD, a subsidiary of Agria Group Holding, to provide a €35 million loan for the construction of a new sunflower oil processing plant in northern Bulgaria and the acquisition … Read the full press release

European Investment Bank approves €6.6bn for sustainable transport, clean energy, corporate innovation and education

(IN BRIEF) The European Investment Bank (EIB) has approved €6.6 billion of new financing to support sustainable transport, clean energy, corporate innovation, and education investment worldwide. The EIB Board of Directors also adopted a mid-term review of the EIB’s Energy … Read the full press release

WHEB Environmental Impact Fund launches with seed investment from Rothschild & Co aimed at environmental and zero carbon solutions

WHEB Asset Management has launched the WHEB Environmental Impact Fund with a seed investment from Rothschild & Co, Wealth Management, UK. The WHEB Environmental Impact Fund is a targeted version of WHEB’s global equity strategy, focused solely on its five … Read the full press release

Sustainable transport: Scania and SCA to electrify very heavy transport with the introduction of world’s first battery electric 80 tonnes timber truck

(PRESS RELEASE) SÖDERTÄLJE, Sweden, 10-Nov-2021 — /EuropaWire/ — Scania, a leading Swedish supplier of sustainable transport solutions and services, engines for industrial and marine applications, and power generation, has announced that together with its partner Svenska Cellulosa AB (SCA), a … Read the full press release

Lidl Italia selects the emission-free Scania Battery-Electric truck for delivery across its supermarkets in the north-east of Italy

(PRESS RELEASE)SÖDERTÄLJE, Sweden, 21-Oct-2021 — /EuropaWire/ — Scania, a leading Swedish supplier of sustainable transport solutions and services, engines for industrial and marine applications, and power generation, has announced that Lidl Italia, Italy’s leading supermarket chain, has chosen to use … Read the full press release