As the world shifts towards cleaner and more sustainable mobility, the transport industry plays a crucial role in reducing carbon emissions. To achieve climate goals and reduce air pollution, public authorities (primarily in Europe but also in Asia) are accelerating projects to restrict the number of vehicles with internal combustion engine (ICE) in circulation and replace them with zero-emission ones.
According to OICA, there are 1.9 billion vehicles in use globally. Since it is not possible and economically viable for all of them to be replaced by new electric cars, retrofitting is emerging as a cost-effective solution (esp. retrofitting of heavy-duty vehicles) that could accelerate the energy transition and reduce our carbon footprint. Retrofitting is a mechanical operation where the petrol/diesel engine and fuel tank are removed and replaced with an electric motor and battery, or a hydrogen fuel cell.
>> In Other News: America Bets Big on Blue Hydrogen: Inside the Engine Revolution Backed by Top Institutions
In recent years, multiple startups and innovative companies have emerged, offering tailored solutions to retrofit existing buses, trucks, and vans. According to North American firm Precedence Research, the global automotive retrofit electric vehicle powertrain market size accounted for USD 65.94 billion in 2024, and is predicted to surpass around USD 144.61 billion by 2034.
Substituting a traditional powertrain running on fossil energy with a powertrain with no tailpipe emissions provides immediate benefits in terms of air quality, and long-term benefit for the environment and climate. It extends the service life of the existing fleet, reducing both waste and carbon emissions from the manufacturing of new vehicles.
In France, where the national energy and environment agency ADEME estimated that electric retrofitting would reduce greenhouse gas emissions by between 61 and 87% compared with diesel, the government launched a national action plan in aid of retrofitting, providing approximately 100 million euros to decarbonize transport.
Furthermore, retrofitting is mentioned in the European Commission’s industry action plan for the automotive sector. The Commission has designed the Action Plan to,sustainable and competitive, with the following concrete actions.) and it will be particularly relevant for low- and middle-income countries that are importing ever growing amounts of used ICE vehicles and that need to accelerate the decarbonization of their vehicle fleets.
While hydrogen-powered vehicles are still in the early stages of deployment compared to those powered by electric batteries, their future could be promising if green hydrogen (H2) prices decline as projected. A price of 5 to 7 euros per kg of H2 is considered a critical threshold.
Against this background, the UNECE World Forum for Harmonization of Vehicle Regulations (WP.29) and its Working Party on Pollution and Energy (GRPE) has launched a new informal working group to develop globally harmonized provisions for electric vehicle and hydrogen fuel cell retrofit systems. Such harmonized regulatory framework would ensure minimum requirements for retrofit systems, provide robust performance requirements for converted vehicles and support the deployment of retrofit systems that could be installed on many vehicles in the countries that adopt the developed requirements.
Activities undertaken by the new informal working group will focus on all vehicle categories, from two- and three-wheelers to heavy duty vehicles, with initial emphasis on technological readiness and economic viability. This work is led by France and Spain, with support from Sweden, Germany, UK, Japan and the European Commission.
The new UNECE informal working group is expected to deliver on harmonized requirements for targeted vehicle categories and powertrain types by 2027.
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 🌬️ Occidental and ADNOC’s XRG Agree to Evaluate Joint Venture to Develop South Texas Direct Air Capture Hub 🧪 Carbon Cell Raises £1.2M to Scale Production of Innovative Low-carbo...
Inside This Issue 🏭 Svante Launches World's First Commercial Gigafactory for Carbon Capture & Removal Filters ✈️ Alder Renewables and Bioénergie AECN Announce Project Avance: Unlocking Sustain...
Inside This Issue ✈️ United Bets on Photosynthesis and Limestone to Fuel Net-Zero Flight Path 📈 EIA: US SAF Production Takes Off as New Capacity Comes Online 🌲 Alder, Bioénergie AECN Unlock SAF Pr...
Rubicon Carbon Enters into Agreement with Microsoft for Nature-based Carbon Removal Credits
This initiative marks one of the largest-ever commitments by a single corporate buyer in the voluntary carbon market to date. Rubicon Carbon, a leading carbon credit management firm, today entered...
Carbon Cell Raises £1.2M to Scale Production of Innovative Low-carbon Foam Material
Carbon Cell has raised a £1.2m pre-seed round to scale its novel, plastic-free foam made from biochar and natural polymers Founded by Imperial alumni Elizabeth Lee, Ori Blich, Eden Harrison and Ju...
XRG to consider investing up to $500 million for the development of 1PointFive’s 500,000 tonne-capacity DAC facility HOUSTON, May 16, 2025 (GLOBE NEWSWIRE) Occidental (NYSE: OXY) and its subsidia...
Project Avance will deploy Alder Renewables' proprietary technology to convert bio-oil currently produced at the Port-Cartier Bioénergie AECN plant which is a joint venture between sawmill operator...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.