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BNEF: Electric vehicles will be cheaper than fossil fuel models by 2027

Business Green

A study from Bloomberg New Energy Finance (BNEF) commissioned by green transport group Transport & Environment has found that electric sedans and sports utility vehicles (SUVs) will be as cheap to produce as petrol vehicles from 2026, with small cars on track to undercut conventional models one year later.

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Biographite and the changing battery market

Smart Energy International

In September 2023, New Zealand-based battery material developer CarbonScape announced an $18 million investment, signalling the company’s plans to commercialise its biographite production in Europe and the US, enabling cleaner lithium-ion batteries for EVs and grid-scale energy storage. We love it here. Elon Musk did. This is positive for us.

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IONITY raises €700m to support installation of 5,500 fast charging points by 2025

Business Green

Electric vehicle (EV) charging network IONITY has raised €700m from existing shareholders and new investor BlackRock in support of its plans to install thousands more chargepoints across Europe, the company announced today. Electric vehicle charging infrastructure is vital to achieve a net zero future," he said.

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Commercial trucking's future is in the details

GreenBiz

playing Sherlock Holmes in the 2011 movie "Sherlock Holmes: Game of Shadows," is asked what he sees. Vehicle and component manufacturers are similarly diversifying with examples such as Cummins trying to cover most of the alternative technologies in their product portfolio. Commercial trucking's future is in the details. Rick Mihelic.

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Could green hydrogen be key to a carbon-free economy?

GreenBiz

Europe, which has an economy saddled with high energy prices and is heavily dependent on Russian natural gas, is embracing green hydrogen by providing funding for construction of electrolysis plants and other hydrogen infrastructure. Across Europe, the Middle East and Asia, more countries and companies are embracing this high-quality fuel.

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Why is Hertz deploying a huge fleet of Teslas? Hint: it has little to do with emissions.

Charged

Rental giant Hertz theoretically began introducing EVs to its fleet in 2011, and competitors soon followed. Beginning in early November, customers will be able to rent a Tesla Model 3 at Hertz airport and neighborhood locations in US major markets and select cities in Europe.”. Are rental car customers ready for EVs?

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Government axes plug-in car grant, as industry warns shock move comes at 'worst possible time'

Business Green

The government has today scrapped its flagship plug-in car grant scheme in a surprise move, pledging to refocus electric vehicle (EV) incentives and funding towards taxis, vans, trucks, and motorcycles, as well as the expansion of the public chargepoint network. Last month, battery electric vehicles represented 12.4