EU Lawmakers Approve New Fossil Fuel Cars

Credit: Peter Broomfield/Unsplash

The European Parliament formally approved a law to effectively ban the sale of new petrol and diesel cars in the European Union from 2035, aiming to speed up the switch to electric vehicles and combat climate change, says an article published on Reuters.

Existing target

The landmark rules will require that by 2035 carmakers must achieve a 100% cut in CO2 emissions from new cars sold, which would make it impossible to sell new fossil fuel-powered vehicles in the...

https://mfame.guru/eu-lawmakers-approve-new-fossil-fuel-cars/

Lightning eMotors launches online Fleet Planner solution

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Both federal and state lawmakers are now pushing electric vehicle adoption for not just commuters...

https://www.freightwaves.com/news/lightning-emotors-launches-online-fleet-planner-solution

Ford to supply 2,000 electric delivery vans to DHL by end of 2023

Despite the rollout of a $40,000 tax credit for businesses looking to purchase electric vehicles — courtesy of the implementation of the Inflation Reduction Act in August — and a steady push for fleet electrification, the EV industry hasn’t yet captured that lightning in a bottle.

It’ll take some time for most small and midsize transportation companies to enter the EV playing field because of the costs and logistics of electrifying an entire fleet. 

But for the bigger firms, the game is well...

Resilient Power wants to revolutionize EV charging

Resilient Power has announced a $5 million seed round of investment as it looks to build an alternative power option for electric vehicle charging infrastructure.

The round, led by Energy Transition Ventures, with investment from Amazon’s Climate Pledge Fund and GS Futures, the corporate venture capital arm of GS Group from Korea, is the first round from outside investors. The company had previously received $3 million in funding through contracts and grants from the U.S. Department of Energy,...

https://www.freightwaves.com/news/resilient-power-wants-to-revolutionize-ev-charging

Chip shortage will be with us a long while; Hyundai invests over $7B in US

The semiconductor chip shortage continues to be the dominant news item in the automotive supply chain world. Not that anyone is surprised by this anymore. The NTEA, the association for the work truck industry, said in its May 2021 edition of NTEA News that it expects the semiconductor chip issue to cause some sort of disruption to the production of work trucks until at least the third quarter of 2021.

Auto analysts say passenger car construction could be impacted well into 2022 or even 2023. If...

https://www.freightwaves.com/news/chip-shortage-will-be-with-us-a-long-while-hyundai-invests-over-7b-in-us