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IDTechEx calculates ~31 GWh of electric vehicle markets beyond cars in 2021

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While electric cars will remain the largest electric vehicle market for the foreseeable future in terms of battery demand and market revenue generation, most transport sectors are facing a transition. There are relatively few strong market drivers for electric vehicles in construction. Electric Vehicles in Construction - 1 GWh.

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Baker Institute team says fossil fuel subsidies need global reform

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In 2018, eight member states maintained $207 billion in fossil fuel subsidies, International Energy Agency (IEA) data show. Costs ranged from a low of 0.3% of GDP in China to nearly 6% of GDP in Saudi Arabia, where, despite two cycles of price hikes, 60% of the cost of energy products and services continued to be borne by the state.

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Toyota to debut 2 BEVs, 1 PHEV for US this year; says research shows BEVs & PHEVs have similar environmental benefits

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Toyota Motor North America (TMNA) plans to debut three new electrified models—two BEVs and a PHEV—in the US market this year. Toyota currently has more than 40% share of the total alternative fuel vehicle market, which includes a 75% share of the fuel cell market and a 64% share of hybrids and plug-ins.

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OECD: governments should make better use of energy taxation to address climate change; “meaningful” increases limited to road sector

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Greater reliance on energy taxation is needed to strengthen efforts to tackle the principal source of both greenhouse gas emissions and air pollution, according to a new OECD report. Tax rates were below the low-end estimate of climate costs (EUR 30/tCO 2 ) for 97% of emissions. —“Taxing Energy Use 2018”.

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MEEF funds 100 Tesla Model 3s for vehicle-as-a-service provider Breathe

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This latest funding will see internal combustion engine vehicles replaced as part of a contribution towards tackling the capital’s air pollution problem and supports the Mayor of London Sadiq Khan’s commitment to zero-emission transport in the capital. —Jeff Davis, Director of Breathe.

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BNEF, Snam, IGU report finds global gas industry set to resume growth post-pandemic; low-carbon technologies for long-term growth

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However, the resulting low gas prices, as well as clean air and climate policies, will promote further switching to gas from other more polluting energy sources, such as oil and coal. The report shows that medium-term growth will come from increasing cost-competitiveness and increased global access to gas. Low-carbon gas.

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Daimler Trucks & Buses targets completely CO2-neutral fleet of new vehicles by 2039 in Europe, Japan and NAFTA

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Daimler Trucks & Buses, one of the world’s largest commercial vehicle manufacturers, aims to offer only new vehicles that are CO 2 -neutral in driving operation (“tank-to-wheel”) in the triad markets of Europe, Japan and NAFTA by 2039. The first hand-off to a customer was in 2018.

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