Onto secures £100m cash injection to accelerate Britain’s EV adoption
London-based Onto has secured a £100 million credit facility to expand its electric vehicle subscription business across the UK.
London-based Onto has secured a £100 million credit facility to expand its electric vehicle subscription business across the UK.
The UK government’s two-phase competition to support the development of greener alternatives to the red diesel used by heavy industry is a step in the right direction to affect the country’s energy transition, but a lot more needs to be done to reach net zero by 2050.
Global merchant shipping electrification is poised to take off with the cost and reliability of battery technologies at last becoming acceptable.
The Biden-Harris Administration has released an ambitious plan to decarbonise transportation, the highest greenhouse gas (GHG) emitting sector in the US. The plan involves coordination between four different federal agencies, and also targets economic gains, benefiting low-income communities, and contributing to the country’s energy independence.
In a bid to help meet its 2050 net-zero goal, Canada is proposing that by 2035 zero-emission vehicles account for 100% of the light-duty vehicles sold in the country, starting with model year 2026.
The European Parliament has voted to include the maritime transport industry within its emissions trading scheme, which means the industry will have to pay for the emissions it generates starting in 2023.
In this six-part series, we break down the UN Environment Programme’s (UNEP) recommendations on how to reach the Paris Agreement goals, sector by sector.