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FCA, IVECO and Snam sign MoU for development of natural gas as an environmentally friendly vehicle fuel

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The MoU was signed in the presence of Italy’s Minister of Economic Development Carlo Calenda and Minister of Infrastructure and Transport Graziano Delrio, and is part of a wider set of initiatives to promote sustainable mobility. This will result in a direct benefit of €1.5 billion (US$1.7

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IHS Markit: global commercial vehicle production to drop 22% in 2020 in wake of COVID-19

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IHS Markit anticipates some of the sharpest slides in demand in Italy and the United Kingdom in Western Europe and in countries including Poland in Central Europe, where the trucking industry prominently supports European goods movement. However, restrictions are expected to ease through May.

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Roland Berger E-Mobility Index finds government subsidies for and projected sales of xEVs declining worldwide

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The index compares the development of e-mobility in seven leading car-manufacturing nations (Germany, France, Italy, US, Japan, China and South Korea) on the basis of three parameters: technology, manufacturing, and market. Extracting oil by fracking could stabilize the oil price over the next few years. ECE-R 100).

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Global investment in renewable power reached $270.2B in 2014, ~17% up from 2013; biofuel investment fell 8% to 10-year low

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Another challenge was, at first sight, the impact of the 50%-plus collapse in the oil price in the second half of last year. Oil and renewables do not directly compete for power investment dollars. Meanwhile the rooftop solar sector is becoming unstoppable.

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