article thumbnail

Study finds shifts to renewable energy can drive up energy poverty

Green Car Congress

McGee said that in nations such as the United States where fossil fuel energy is substituted for renewable energy as a way to reduce carbon emissions, it comes at the cost of increased inequality because the shift to renewable energy is done through incentives such as tax subsidies. —Julius McGee.

Renewable 292
article thumbnail

‘Hatchbacks are here to stay; no guarantee that SUVs will remain popular in the future’: RC Bhargava | Autocar Professional

Baua Electric

What can he afford? However low the cost of operations becomes; the buyer still has to find the money to buy the car initially. Hybrids could also work if brought in at a reasonable cost. Technological advancements will give small car buyers a more affordable vehicle in the future. It will lower the cost of operations.

Future 52
article thumbnail

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

Green Car Congress

The steel industry cannot afford to wait for the 2040s to start its transition. Moreover, Brazil is expected to have one of the lowest costs for hydrogen production by 2030, according to research by BloombergNEF. South Africa and India have good iron ore reserves and the potential to produce a large amount of low-cost clean power.

Hydrogen 221
article thumbnail

UC Davis, ITDP study suggests global shift to public transport, NMT and away from cars could save $100T through 2050 and cut GHGs

Green Car Congress

The study found that the High Shift scenario could save more than $100 trillion in public and private capital and operating costs of urban transportation between now and 2050 compared to the baseline scenario. Overall, the total costs of the baseline between 2010-2050 are roughly $500 trillion ($200T in OECD and $300T in non-OECD countries).

Davis 273
article thumbnail

Hatchbacks not giving up territorial rights so easily | Autocar Professional

Baua Electric

India’s affluence is as good as Europe, and also, her people could be as deprived as someone in Africa.” One cannot link disposable incomes and affordability to the fall in the hatchback segment’s contribution, he said. “It This shift reflects a growing trend where customers prioritise affordability and value.

Suzuki 52
article thumbnail

Noco-Noco and Greenfuel sign MoU for Li-Ion battery longevity technology – ET Auto

Baua Electric

Greenfuel will also spearhead marketing and sales activities in India and Africa, catering to a diverse range of applications including Drone as a Service (DaaS) and Battery as a Service (BaaS) for solutions such as battery swapping. million EVs fall under the two- or three-wheeler categories.

Li-ion 52
article thumbnail

IHS Automotive forecasts global production of plug-in vehicles to rise by 67% this year

Green Car Congress

The Europe, Middle East and Africa (EMEA) region will account for the largest share of production at more than 40%, with the Americas and Asia-Pacific each making up about 30%. Because of this, carmakers can afford to put larger batteries into their vehicles and reduce range anxiety. share for PEVs in the global market this year.

Plug-in 314