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EV Adoption Will Soar, but Not Enough to Reach Net-Zero by 2050 without More Policy: BNEF

Governments aiming for net-zero emissions by 2050 must do more to spur the adoption of electric vehicles, according to a new report from BloombergNEF (BNEF). Electric vehicles represent a $7 trillion global market opportunity between today and 2030, and $46 trillion between now and 2050, but that won’t be enough to reach the goal unless certain measures are taken.

Heavy Duty Commercial Vehicle Market to Surpass $370B by 2030, Guidehouse Insights Says

The next 10 years are likely to be dramatic in terms of electric heavy commercial vehicles; in China, the trend is already well underway, particularly with electric trucks, but the rest of the world is expected to follow in coming years. Though momentum is strong, the challenges are not insignificant — mostly relating to range and charging speed.

4-Day Work Week Could Cut Emissions 20%

As businesses grapple with return-to-work strategies – office, fully remote, hybrid? – a new UK study finds that a 32-hour work week could help fight climate change by reducing emissions more than 20%. Using data from numerous government and academic sources, the report illustrates that shifting to a four-day working ... Read more »

BYD Introduces Revolutionary New E-Bus

BYD, a top electric bus (e-bus) maker, has introduced its latest innovation – a battery-electric Type D school bus with top-priority safety features, superior performance capabilities, and a sleek design. The Type D can seat up to 84 passengers, and can be equipped with an ADA liftgate. The bus has ... Read more »

Energy Transition Investment Hits Record $501.3B in 2020

Signaling that a low-carbon energy future continues to build momentum, global investment in energy decarbonization hit a record $501.3 billion in 2020, according to BloombergNEF. The analysis includes renewables, storage, electric vehicles and heating, hydrogen, and carbon capture and storage.  The 2020 high of $501.3 billion was up from $458.6 ... Read more »

Green Steel: The Next Big Thing In Sustainable Manufacturing

Mercedes-Benz has announced a new commitment to launch green steel in vehicle models by 2025, marking a significant step in the company’s efforts to decarbonize its supply chain. While many automakers have announced electric vehicle goals to address climate change, the industry still faces emissions issues from its supply chain. ... Read more »

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