The EV Effect: Markets are Betting on the Energy Transition

The International Renewable Energy Agency (IRENA) has calculated that USD 2 trillion in annual investment will be required to achieve the goals of the Paris Agreement in the coming three years. Electromobility has a major role to play in this regard – IRENA’s transformation pathway estimates that 350 million electric …

Some Electric Vehicles Are More Affordable Than Petrol Cars in UK

Electric vehicles (EVs) are often seen as being more expensive than petrol cars, but if the fuel saving costs are taken into account and the upfront purchase price is spread across monthly leasing payments, then a new EV could cost the equivalent of less than £200 per month. If the …

Electric Dreams: Green Vehicles Cheaper Than Petrol in the UK

Research shows that over the lifetime of a car electric vehicles work out at around £107 cheaper per year than petrol or diesel equivalents; On average an electric car costs £52,133 over its lifetime, compared to £53,625 for a petrol fuelled model; A year-old electric vehicle sold second hand only …

Italy Set to Increase EV Incentives to €10,000 — Are Carmakers Ready?

The Italian government is preparing new fiscal measures to sustain the economic recovery, following months of lockdown at the peak of the coronavirus pandemic. Like in many other countries, particularly in Europe, economic stimulus is being directed preferentially to a sustainable recovery, especially in the transport and construction industries. As …

Spain Just Closed 47% of Its Coal Power Plants, and Will Be 73% Soon

Sometimes it feels like the world is asleep and not jumping on the tremendous potential of low-cost solar power and low-cost wind power to stop global heating and catastrophic climate change. Sometimes you want to jump up and clap with enthusiasm at strong actions moving us forward. Luckily, this story …

Farewell to Long Charging and Short Radius

Cities around the world face the challenge of finding solutions for public transportation that can reduce harmful gas emissions and noise, and at the same time reduce operating costs to a minimum. With increasing levels of air pollution and a stronger effort by the community to have eco-friendly and clean …

2020 Set to Be Year of the Electric Car, Say Industry Analysts

Europe’s carmakers are gearing up to make 2020 the year of the electric car, according to automotive analysts, with a wave of new models launching as the world’s biggest manufacturers scramble to lower the carbon dioxide emissions of their products. Previous electric models have mostly been targeted at niche markets, …