EU Energy Crisis Response Needs a Windfall Tax on Oil Companies to Fund Electrification of…

T&E reaction to the European Commission announcement of emergency measures on the energy crisis. The emergency actions presented by the European Commission today are only half measures to respond to the oil crisis and reduce Europe’s dependency on fossil fuel imports, T&E has said. The EU missed an opportunity to tax the … [continued]

EU flag. Image courtesy of Pixabay.

Making the European Competitiveness Fund the Backbone of a Green Industrial Strategy

A new briefing explains why the forthcoming ‘ECF’ should focus on strategic cleantech with the highest decarbonisation and scale-up potential. The European Competitiveness Fund (ECF) could become the EU’s industrial policy steering instrument in the next long-term budget. With €207 billion on the table, it has the potential to strengthen … [continued]

Hyundai Motor & TVS Motor Formalize Partnership to Drive Electric Three-Wheeler Commercialization in India

Hyundai Motor Company and TVS Motor Company sign Joint Development Agreement to deliver and commercialize electric three-wheelers in India and additional markets Products to be jointly developed by both companies, combining electric mobility expertise and deep understanding of customers’ needs Both companies will share engineering expertise, incorporating Hyundai Motor’s human-centric … [continued]

Volvo's lineup of electric trucks. Photo courtesy Volvo.

Joint Letter: Industry Calls for Toll Exemptions for Zero-Emission Trucks

Leading EU businesses call EU Transport Ministers to implement toll exemptions to accelerate clean freight Logistics giants and NGOs, including DHL, Volvo, and TRATON, are asking for the quick implementation of the Eurovignette Directive. While trucks represent only 2% of vehicles on the road, they contribute roughly 25% of transport … [continued]