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BNEF: net-zero road transport by 2050 still possible, but big push needed

Green Car Congress

The road transport sector could still reach net-zero emissions by 2050 through electrification, but urgent action would be required from policymakers and industry participants, according to research company BloombergNEF’s (BNEF) latest annual Long-Term Electric Vehicle Outlook (EVO). million sold in 2021 to 21 million in 2025.

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Joint Office of Energy and Transportation establishes new EV working group

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The US Department of Energy (DOE) and US Department of Transportation (DOT) Joint Office of Energy and Transportation (Joint Office) announced the members of the Electric Vehicle Working Group (EVWG), a collection of EV industry experts and leaders who will help guide the widespread adoption of EVs across the country.

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NYU team develops novel ion-conducting copolymer to increase power and reduce cost of fuel cells

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Researchers at the NYU Tandon School of Engineering, led by Miguel Modestino, professor of chemical and biomolecular engineering, and Lawrence Berkeley National Laboratory have developed a novel ion-conducting polymer (ionomer) that increases the power and lowers the cost of fuel cells. —Katzenberg et al.

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cost of Electric vehicles are going to available for petrol vehicle cost.

Electric Vehicles India

The Union Minister of Road Transport and Highways Nitin Gadkari has mentioned that the cost of Electric vehicles are going to be available for the petrol vehicle cost and the statement was addressed at an event. Within a year Electric vehicles are going to be equal to the cost of petrol vehicles in the Indian market.

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Juniper Research forecasts on-road hydrogen vehicles to exceed 1M globally by 2027

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This will translate into an increasingly popular and available product over the next 5 years. The report identified the nascent development stage of many commercial vehicle types and the high average cost of hydrogen-powered commercial vehicles—more than $70,000 globally in 2022—as key factors limiting adoption.

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First 35 State plans to build out EV charging infrastructure approved; more than $900M in FY22 and FY23 funding

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The NEVI formula funding, which makes $5 billion available over five years, is expected to help build a convenient, reliable, and affordable EV charging network across the country. Approved Plans are available on the FHWA web site.

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Hyundai signs MOU with South Korean government and industry partners to demo EV battery leasing business

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Through this agreement, Hyundai aims to foster an EV ecosystem by alleviating the initial cost burden of EV purchases and by providing innovative services that enable eco-friendly reuse of batteries. The Ministry of Trade, Industry and Energy plans to support the project actively in consultation with relevant ministries.

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