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UK poised for £24bn boost from electric cars by 2025, industry report claims

Business Green

The shift to electric passenger cars could deliver a £24bn boost to the UK economy over the next five years, but the automotive industry and its supply chains must ramp up capacity 10-fold in order to meet growing demand, a joint government and industry backed report today estimates.

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Trends in mobility and energy innovation with Gabriel Scheer

Elemental Excelerator

I love exploring new companies, technologies, and business models —but what’s even more important is meeting the people behind those things and finding the next wave of entrepreneurs looking to grow. Technology that helps people shift policy and gives policymakers license to truly innovate for the betterment of all.

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Government promises £2bn active transport blitz, as fears grow over spike in post-lockdown pollution

Business Green

It also unveiled plans to fast track trials for e-scooters rental schemes, in a bid to make it easier for urban commuters to get to work. The new package of measures proposed by DfT over the weekend looks to set to deliver on at least some of the demands put forward by the new group.

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BNEF Electric Vehicle Outlook: Six key lessons for road transport's pursuit of net zero

Business Green

Sales continue to surge in key markets, while scores of producers and users of cars, buses, trucks, and even scooters are now pushing towards ridding their operations of fossil fuel vehicles altogether. Their current trajectory points towards a 30 per cent market share in 2040, far below what is required to meet global climate goals.

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Retooling a shuttered factory to build electric trucks: Q&A with Lordstown Motors CEO Steve Burns

Charged

Also, we have a royalty agreement for every vehicle—we pay them a royalty for some of the technology of theirs that we’re using in our trucks—and they have a board seat. Steve Burns: Automotive plants come up for sale very infrequently. They’re industrial, automotive-grade robots and it’s a known science how to program them.

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How Taiwan is your best choice for sourcing EV solutions

Charged

In the last few years, driven by the severe impacts of climate change and global warming, the shift toward electric and self-driving vehicles in the automotive industry is showing an unstoppable momentum. Visitors can source the latest technologies from suppliers across the automotive supply chain.

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'We want to make the bus cool': Inside Arrival, the $13bn British electric vehicle start-up

Business Green

Arrival is arguably the biggest success story in modern UK automotive industry. It's not just automotive [that can benefit]," he says. "It In less than 18 months, the Oxfordshire-based start-up has gone from an unknown firm shrouded in secrecy to one of the most talked about businesses in the rapidly-growing EV market.