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UPS Commits to More Alternative Vehicles, Fuel and Renewable Power by 2025

Posted on June 29, 2017 by J Sammy Leave a comment

Aggressive Sustainability Goals MISSISSAUGA, ON, June 27, 2017 /CNW/ – UPS (NYSE: UPS) today announced aggressive new sustainability goals to add more alternative fuel and advanced technology vehicles to its fleet while increasing its reliance on renewable energy sources. The goals, available in the company’s 2016 Corporate Sustainability Report, support UPS’s commitment to reduce its absolute greenhouse gas (GHG) emissions from global ground operations 12

Hybrid Air Freighters Signs Letter of Intent to Purchase Lockheed Martin Hybrid Airships

Posted on June 22, 2017 by J Sammy Leave a comment

PARIS, June 20, 2017 /PRNewswire/ — Hybrid Air Freighters (HAF) signed a Letter of Intent to purchase up to 12 Lockheed Martin (NYSE: LMT) Hybrid Airships, at a total value of approximately $500 million. HAF is working with Hybrid Enterprises, the exclusive reseller of Lockheed Martin’s Hybrid Airships, to finalize the purchase agreement. With significant logistics and aviation experience, Paris-based HAF was established specifically to

Press Release

Global Automakers in China Betting on Hybrids than NEVs after 2020

Posted on September 5, 2016 by J Sammy Leave a comment

In the latest sign of caution from global automakers in China, Germany’s Audi last week unveiled a new factory for high-efficiency transmissions in Tianjin, to be used in petrol-powered cars. While Chinese firms go electric in the world’s biggest auto market, Audi is intent on petrol engines that can run farther, cleaner, in tandem with hybrid technology. As China’s electrified

India Electric Mobility Mission Sends Carmakers Scrambling

Posted on September 5, 2016 by J Sammy Leave a comment

MUMBAI: Automakers big and small are racing to build hybrids and electric cars to take advantage of tax benefits and increasing concerns on air quality in major cities. A dozen electric and hybrid cars are likely to be launched in the next three years with Mahindra & Mahindra (M&M), Hyundai, Toyota and Nissan joining market leader Maruti Suzuki in adopting

Markets

American Hybrid Car Goes on Sale in China

Posted on August 30, 2016 by J Sammy Leave a comment

Buick LaCrosse Hybrid went on sale in China this week General Motors will market hybrid-powered vehicles with partner SAIC Motor Corp. under the Buick, Chevrolet and Cadillac brands. SAIC General Motors Co. will introduce the Chevrolet Malibu XL hybrid, Buick LaCrosse hybrid and Cadillac CT6 plug-in hybrid in China this year. The Malibu and LaCrosse will feature a 1.8-liter engine

Germany’s New Electric Car Discount Scheme

Posted on August 6, 2016 by J Sammy 2 comments

Nearly 2,000 people in Germany have applied for the government’s electric car discount scheme, introduced on July 1, and a third of them are buyers of BMW models, a government agency said on Thursday. The scheme, similar to those established in other European countries to spur electric car sales, grants buyers of electric cars a 4,000 euro($4,452.00) discount and gives buyers

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INDIA: Manufacturing Hybrid / Electric vehicles will Reduce its Price

Posted on July 18, 2016 by J Sammy One comment

The secretary for Ministry of Heavy Industries and Public Enterprises, Girish Shankar, has come up with a solution to reduce the high prices of full electric and hybrid vehicles in India. Addressing a gathering at the National Workshop and Exhibition of FAME India, the government official said, “ The biggest challenge is cost and all of us would have to