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

Business Green

Influential analyst firm predicts all new car sales in EU could be electric by 2035, provided that tougher emissions regulations are enacted now. Julia Poliscanova, senior director for vehicles and e-mobility at Transport and Environment, urged EU lawmakers to establish a phase out date for fossil fuel vehicles.

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'Faster than expected': EV sales predicted to overtake fossil fuel cars within three years across Europe

Business Green

Transition to electric vehicles now 'inevitable' in UK and much of Europe thanks to declining upfront costs, major new study finds. It is our common responsibility to ensure that everyone in Europe, wherever they live, can switch to electric vehicles as early as they want.".

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Greenpeace: Car makers showing slow progress on decarbonizing supply chains

Envirotec Magazine

While electric vehicle sales continue to rise worldwide, automotive supply chains are lagging behind the required pace of decarbonisation, according to a new report from Greenpeace Asia. Industry leaders like Toyota and Hyundai continue to flood the roads with combustion engine vehicles and a growing number of SUVs.

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EU plots reform of electricity markets to tackle 'fossil fuel crisis'

Business Green

Ursula von der Leyen sets out plans to mandate revenue cap on electricity generators and secure a 'crisis contribution' from fossil fuel companies in her State of the European Union address. We are in a fossil fuel crisis, the fossil fuel industry has a special duty too," she said.

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Media Brief: Countering common myths about electric vehicles

Clean Energy Canada

Electric vehicles now make up 9% of new car sales in Canada. and Quebec, the market share is even higher, with electric vehicles making up around 20% and 14% of new cars sold in each province, respectively. Canada’s electricity grid is currently 84% non-emitting.

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Wood Mackenzie: Electric vehicles set to dominate global market

Business Green

Internal combustion engines sales will be overwhelmingly concentrated in Africa, Middle East, Latin America, and Russia, report predicts, as electrification abounds in Europe, US and China. In Q1 2021 alone, electric vehicle sales rocketed to almost 550,000, which represents a 66 per cent increase over the same period last year," he said.

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'Simply no comparison': Fossil fuel cars produce 300 times more waste than EVs, study finds

Business Green

Challenges caused by EV battery production 'pale in comparison' to environmental toll of fossil fuel vehicles, Transport & Environment study finds. Over its lifetime, an average fossil fuel car burns the equivalent of a stack of oil barrels, 25 storeys high.