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![]() by Staff Writers Tokyo (AFP) Dec 3, 2020
Japan wants to ban sales of new petrol cars in around 15 years' time as part of efforts to reach carbon neutrality by 2050, reports said Thursday. The new policy could be announced as soon as next week, building on an existing push to promote electric and hybrid vehicles, the Mainichi Shimbun said without citing sources. Prime Minister Yoshihide Suga in October set a 2050 deadline for Japan to become carbon-neutral, prompting big companies to draft plans on how to curb their CO2 emissions. The move has been welcomed by activists and the UN, but Japan is still heavily reliant on fossil fuels and the government has not yet laid out details of how it will achieve this. The country's current target is to increase the share of low-emission cars sold -- both hybrid and electric -- to 50-70 percent by 2030, from around 40 percent in 2019. In September, California announced a goal for all passenger vehicles sold in the US state to be zero-emission by 2035. Britain meanwhile has set a more ambitious target, aiming to ban sales of petrol and diesel vehicles by 2030. Japanese economy and trade ministry officials were not immediately available for comment.
![]() ![]() GM won't take stake in electric-truck startup Nikola New York (AFP) Nov 30, 2020 General Motors terminated a transaction to take a stake in Nikola, but reached a preliminary agreement to supply its technology to the electric-truck startup, the companies said Monday. Shares of Nikola plunged following the announcement, losing around one-fourth of their value. Under a revised agreement, GM reached a non-binding memorandum of understanding to supply GM's fuel cell technology to Nikola trucks. The pared-down deal also mentions a "potential supply agreement" whereby GM's Ultium b ... read more
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