Opinion: It’s Critical that EVs be fuelled by renewables

Estimates indicate that EVs will account for approximately 45% of new car sales by 2035. EVs are only as clean as the electricity that fuels them. Without developing increased renewable power alternatives, current EV growth will, contradictorily, result in prolonging the usage of fossil fuel-generated power sources. A study of Tsinghua University, Beijing, in 2016… Continue reading Opinion: It’s Critical that EVs be fuelled by renewables

Stellantis, Daimler Truck agree with Mexico union on pay raise of about 9%

Stellantis, with more than 15,000 unionized workers across five plants in Coahuila state and three in the State of Mexico, agreed to raise wages 9%. Automakers Stellantis and a Mexican unit of Daimler Truck have reached deals with one of Mexico‘s biggest unions to raise wages this year around 9%, labor authorities said on Tuesday.… Continue reading Stellantis, Daimler Truck agree with Mexico union on pay raise of about 9%

UK needs more electric vehicle chargers, warns Ford boss

What is included in my trial? During your trial you will have complete digital access to FT.com with everything in both of our Standard Digital and Premium Digital packages. Standard Digital includes access to a wealth of global news, analysis and expert opinion. Premium Digital includes access to our premier business column, Lex, as well… Continue reading UK needs more electric vehicle chargers, warns Ford boss

World Bank arm IFC to invest Rs 600 crores at valuation of up to Rs 6,020 crores in Mahindra & Mahindra’s new last mile mobility company

World Bank arm IFC to invest Rs 600 crores at valuation of up to Rs 6,020 crores in Mahindra & Mahindra’s new last mile mobility company In a bid to scale up electric three-wheelers and small commercial vehicles (SCVs) that are more affordable, World Bank arm IFC is investing Rs 600 crores in a new… Continue reading World Bank arm IFC to invest Rs 600 crores at valuation of up to Rs 6,020 crores in Mahindra & Mahindra’s new last mile mobility company

Swedish mining major to use Volvo electric trucks for heavy underground transport

Swedish mining major to use Volvo electric trucks for heavy underground transport The Swedish mining group Boliden is becoming one of the first in the world to start using battery-electric trucks for heavy underground transport starting 2023. In mining environments, the electric trucks can deliver several big advantages – including no exhaust emissions, a safer workplace, and… Continue reading Swedish mining major to use Volvo electric trucks for heavy underground transport

Swedish mining major to use Volvo electric trucks for heavy underground transport

Swedish mining major to use Volvo electric trucks for heavy underground transport The Swedish mining group Boliden is becoming one of the first in the world to start using battery-electric trucks for heavy underground transport starting 2023. In mining environments, the electric trucks can deliver several big advantages – including no exhaust emissions, a safer workplace, and… Continue reading Swedish mining major to use Volvo electric trucks for heavy underground transport