EVWorldNews

Tag: European Union

  • Transport and electric vehicles dominates the COP26 in Paris  

    COP26 or the 26th conference of Paris to UNFCCC or United Nations Framework Convention For Climate Change then concluded with the cities, several nations, financial institutions, automobile companies and the other vital stakeholders which are signing the COP26 Declaration on the transport.

    Transport was a main agenda on COP26’s 10th day and it is not surprising that this is a sector which contributes to whopping 25% of the global GHG emissions with a rise in the percentage.

    This is a declaration which is to ensure the sector which maintains the 1.5-degree threshold. Aim ultimately here is to speed the smooth transition to the electric vehicles as they phase out the sale of the vehicles which are fossil fuel based by 2040. The leading automobile nations are setting up a steep target to do so by the year 2035.

    Also read : Rental Industry to boost electric vehicles in United States (evworldnews.com)

    Entire system of transport has been struggling with the structural issues like the traffic congestion, commute affordability and adequate infrastructure availability among the other issues. It does not mean that electrification of whole fleet is going to drastically change the pollution- related issues. The transition towards the e-mobility is among the many elements of the larger systematic change required for enabling a climate-friendly, sustainable, resilient ecosystem of transport.

    With all the technological know-how available in the world today, the speeding up of transition from the ICE to zero-emission or EVs is among the necessary steps for substantially reduce the pollution while creating the job opportunities.

    Sustainable transport is offering the transportation facilities while achieving the environmental objectives for mitigation of pollution. What brightens up this picture is that these maybe provided at a lower cost, making this a lot more affordable mode of transport for the poorer households.

    Public transport is the choice of the commute in different cities across a country, making a major portion of the monthly spending.

  • Union Automobile Workers offer stiff test to Biden

    In what is being termed as an early test of the promise made by Biden about a transition to the EV and its resolve about creating high-paying jobs. The employees at a battery plant in the Ohio region have voted towards joining the union of United Automobile Workers.

    There seems to be a first formal union being created at a major of the automakers in the city known as Big Three. The plant is owned by LG energy solutions and General Motors. The result of the voting was 710 to 15.

    Also Read : BMW electric cars may benefit from bumpy roads. – EV World News

    As per the president of the UAW, Ray Curry, With the transition of the industry into the electric vehicles, the new workers are entering into the auto sectors such as Ultium which are now thinking about their value and their worth. This is a vote which shows that they want to be a part of the team which maintains high wages and standards which the members of the UAW have built in the industry of automation.

    Check Out https://twitter.com/evworldnews/status/1600410263408214018

    While the existing plants which are owned by three US automakers are maintaining a presence of a union. They have been shifting production to the electric vehicles and the union needs to start from the very beginning like the one in Ohio through which Ford is going to build the factories. The other companies such as Lucid, Rivian and Tesla aren’t Unionized.

    The union of autoworkers has been worried for long about the transition to the electric vehicles first through the research paper that the EV requires close to 30% less of workforce to produce when compared to the ICE. This has also pointed out that the US is falling far behind than EU and Asia in the supply chains which are helping the other countries maintain its workforce continuously. Biden must gear up for this test.

  • Electric Vehicle Tax credit statement issued by United States and European Union

    European Union and United States on Monday have said that that there has been progress addressing the concerns of the European Union about a climate law of United States which would cut the electric vehicles from the tax credits of United States of the European Union but also failed to resolve this matter. Electric vehicle tax credit has been a major talking point lately.

    They had issued a statement jointly after the third TTC between US and EU which had vowed for working constructively for resolving it.

    The joint statement said that they acknowledge the concerns of EU and underline the commitment for addressing them constructively and taking note of the progress which was made by the task force set up for addressing the dispute. The Trade commissioner Valdis Dombrovskis had called $430 billion United States inflation reduction act as discriminatory and had urged many steps which may be taken before the end of the year for modifying this law. It also offers consumers tax credits as much as $7,500 for the newer purchases of Ford, Tesla and Other EVs which were made by North America.

    Antony Blinken who has said that the council has enabled both the sides which account for a combined 40% of the output of global economy for making concrete, practical progress on many issues including the counter of Ukraine-Russia war and said that he was confident of tax credit issue may be resolved. He said that they all came out of the meetings convinced that this was a way of coming up with a solution and a way forward for both the organizations. They feel optimistic over this as they race against time to reach some conclusion before the new measures start coming in from the coming year. That would be critical for both the countries.

    Also Read : Tata Motors takes jibe at Mahindra in a social media post. – EV World News