Focus on Transport
US offers conditional loan guarantees worth about $3 billion for two sustainable aviation fuel projects
The U.S. expects domestic production of biofuels to increase by about 50 per cent in 2024, led by rising SAF production.
Germany’s Vay gets $37 million from EIB for remote-driven services in Europe
German startup Vay secures €34M from EIB to expand its remote-driving tech across Europe, targeting Hamburg or Belgium.
Raise taxes on petrol and diesel cars to reduce electric ‘premium’: UK think tank
Resolution Foundation urges tax hikes on petrol cars and EV charge cuts to close the price gap and boost electric vehicle adoption.
Vertu Motors: Electric carmakers are slashing prices to meet emissions targets
The car dealership group said demand for battery electric vehicles (BEVs) is trailing behind supply, leading to widespread price cuts.
General Motors to contribute $625 million to Lithium Americas for new joint venture
Lithium Americas announced GM will invest $625 million in their Thacker Pass joint venture in Nevada.
Shift toward EVs, particularly in China, could disrupt global oil market: IEA
Rising electric vehicle adoption, especially in China, could cut oil demand by six million barrels daily by 2030, IEA report says.
Charging, not range, is becoming a top concern for electric car drivers
The Biden administration uses tax credits, regulations, and investments to boost EV adoption, but reliable charging remains crucial.
Stellantis recalls over 20,000 hybrid SUVs in US over brake pedal concern
Automaker Stellantis warns some SUVs may have a brake pedal that could unexpectedly disengage during use.
China’s Zeekr launches its EV in Australia, eyes New Zealand next
Zeekr launches its first EV in Australia, with two models slated for 2024, and plans to expand to New Zealand this year.
Wisk Aero partners with Airservices Australia as it readies air taxi launch
Wisk Aero partners with Airservices Australia to study how air taxis can be integrated into the country's airspace.
