Stockpile key battery metals to avoid ‘looming mismatch’, governments warned May 5, 2021 Governments around the world should consider strategically stockpiling metals critical for energy transition technologies to avoid the “looming mismatch” between their climate intentions and the availability of such materials. A new report by the International Energy Agency (IEA) today said that countries should act now to shore up supplies of metals such as nickel, lithium, [...]
Uber inks deal with Arrival to build electric car for its drivers May 4, 2021 Uber has this morning announced a partnership with UK start-up Arrival to build electric taxis designed for its ride-hailing drivers. The car, which will enter production in the first quarter of 2023, will be designed in partnership with the ride-hailing giant’s drivers. The partnership is part of Uber’s push to eliminate emissions from all 45,000 [...]
Why don’t I have an EV yet? April 24, 2021 Given all the hype around electric cars, it is sometimes easy to forget just how far off mass adoption of the climate friendly vehicles still is. A recent survey by consumer trends data firm Dynata suggests that as yet just 16 per cent of Brits have bought an electric or hybrid car – way behind [...]
EV: Honda pledges to have a 100 per cent electric fleet by 2040 April 23, 2021 The new CEO of Honda has confirmed today its goal to make electric vehicles (EVs) and fuel cell vehicles (FCVs) count for 100 per cent of all sales by 2040. Chief executive Toshihiro Mibe, who joined the carmaker at the beginning of April, said the company will invest $46.3bn, or five trillion yen, in supporting [...]
Europe car sales pick up speed in March to erase early-year declines April 16, 2021 Europe’s monthly car sales leaped 63 per cent in March as markets overcame Covid restrictions to recover from a pandemic crash, according to new data. Registrations in the EU, EFTA and UK markets rose to 1.39 million year-on-year, data from industry association ACEA showed on Friday. The resurgence erased an early-year decline to shoot sales [...]
Exclusive: Liberty Charge kickstarts rollout of 800 EV chargepoints across London April 12, 2021 Telecoms giant Liberty Global has today kicked off plans to install 800 electric vehicle (EV) chargepoints across London over the next 12 months. The first 20 chargepoints, which were installed by Liberty Charge, a joint venture with Zouk Capital, went online this morning in the borough of Waltham Forest. It is the initial step in [...]
Pod Point hires Bank of America to help with float plan – report April 7, 2021 Electric vehicle charging firm Pod Point has reportedly brought on Bank of America to work on a potential stock market float. According to Sky News, the firm could go public at some point this year, with Bank of America working together with Barclays on the deal. Pod Point is majority owned by French energy giant [...]
BMW CEO: Timely electric cars shift will help firm compete with Tesla March 30, 2021 BMW’s ‘timely shift’ to electric cars could make its stock compete with the likes of Tesla, according to its chief executive. The German carmaker’s CEO Oliver Zipse said the firm is challenging perceptions that it is behind on electronification. “There is a perception that we took a break, but we actually didn’t take a break,” [...]
UK must install 700 electric vehicle charge points a day to hit 2030 target March 25, 2021 The UK must install 700 electric vehicle (EV) charging points every day for the rest of the decade to support the transition away from the internal combustion engine. From 2030, the government will ban the sale of all new petrol and diesel cars in order to help the country hit its ambitious 2050 climate goals. [...]
Ed Miliband calls for electric car ‘revolution’ across UK March 24, 2021 Shadow business minister Ed Miliband tomorrow will lay out Labour’s plans for an electric vehicle “revolution” for the UK. Under the new policies, Labour is pledging to introduce interest-free loans for those on low and middle incomes to buy electric cars, as well as a national scrappage scheme. It comes just a week after the [...]