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BNEF: steel industry set to pivot to hydrogen in green push; additional $278B for clean capacity and retrofits

Green Car Congress

Steel is responsible for around 7% of man-made greenhouse gas emissions every year and is one of the world’s most polluting industries. Government and corporate net-zero commitments are pushing the steel industry to cancel out its emissions by 2050. The steel industry cannot afford to wait for the 2040s to start its transition.

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Will it be a Hossan or Ninda? Honda dumps GM, plans new family of affordable electric cars with Nissan

EV Central

The new alliance, dubbed a ‘strategic partnership in the fields of vehicle electrification and intelligence mobility’, will see both Honda and Nissan develop both core components for EVs as well as all-new automotive software platforms. Nissan Ariya is still yet to make it to Australia.

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Is the Depreciation Cost of Electric Vehicles the Same as Conventional Vehicles?

Get Electric Vehicle

With the increasing popularity and adoption of electric vehicles (EVs), many prospective buyers are curious about the overall costs associated with owning an EV. For instance, a car with a residual value (RV) of 40% would have lost 60% of its worth in three years or 36,000 miles (Industry standard).

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Lyft commits to 100% EVs by 2030

Green Car Congress

Ridesharing company Lyft—in collaboration with Environmental Defense Fund—has commited to reach 100% electric vehicles on the Lyft platform by 2030. The shift to 100% EVs for Lyft will mean transitioning all vehicles used on the Lyft platform over the next ten years to all-electric or other zero-emission technologies.

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ABI Research projects worldwide commercial EV market to surpass US$680B by 2027

Green Car Congress

According to global technology intelligence firm ABI Research, the worldwide commercial Electric Vehicle (EV) market is projected to grow from US$30.7 This market valuation refers to the total industry-wide global revenues derived from all commercials EVs sold yearly. billion in 2020 to more than US$682 billion by 2030.

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DOE announces $60M to accelerate advanced vehicle technologies research

Green Car Congress

The Vehicle Technologies Office funds a broad portfolio of early-stage research to develop new affordable, efficient and clean transportation options to enable industry to accelerate the development and widespread use of a variety of innovative transportation technologies.

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Electrification gaining momentum in fleet vehicle industry – Charged EVs

Baua Electric

According to a report by Smart Energy Decisions , there were more than one million electric vehicles (EVs) in commercial and government fleets in the United States as of 2021, up from just over 300,000 in 2019. Many companies have made commitments to transition portions of their delivery fleets to electric over the next five to 10 years.

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