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DSV to create global logistics giant with $15.9 billion Schenker takeover
Category: Automobile / Transport
Denmark’s DSV (DSV.CO), opens new tab has agreed to buy Schenker, the logistics arm of German state rail operator Deutsche Bahn, for 14.3 billion euros ($15.85 billion) in a deal that would make it the world’s biggest logistics company. The acquisition will be the biggest by a Danish company and, according to DSV, propel it above […]
Source: Reuters
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Clean Energy Investing in America
Category: Automobile / Transport
The investment announced during this time period is equivalent to eight years’ worth of American clean energy investment, surpassing total investment into U.S. clean power projects commissioned between 2015 – 2022. In the same period, 83 new utility-scale clean energy manufacturing facilities were announced, bringing an expected nearly 30,000 new American jobs. $4.5 billion in […]
Source: American Clean Power
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US gains ground in electric vehicle readiness, but China and Norway remain out in front
Category: Automobile / Transport
China retains its place at the top of the EV Country Readiness Index, remaining dominant in production and infrastructure The US rises from seventh to third following increases in production, regulation to stimulate demand and investment in battery manufacturing The UK remains fifth, behind Sweden in fourth China has retained the pole position when it […]
Source: EY Global
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Two-thirds of car sales could be electric by 2032 under new Biden proposal
Category: Automobile / Transport
Two-thirds of new car sales could be electric by 2032 under a new proposal released by the Biden administration on Wednesday. The Environmental Protection Agency (EPA) projects that 67 percent of new light-duty passenger cars sold in the U.S. could be electric that year under its new proposed clean car regulations. For medium-duty vehicles, the […]
Source: The Hill
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Every Fifth Car on the Road in Norway Is Now Electric
Category: Automobile / Transport
Norway has reached another milestone in electric-vehicle adoption with every fifth car in the country now emission-free. The Norwegian Electric Vehicle Association estimates that it will take just under two years for EV cars to reach 30% of total, it said in a website statement on Monday. The share rose to 20% from 1/10 in less than […]
Source: Bloomberg
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