New EU renewable energy target will likely lead to accelerated EV adoption
A new agreement between the European Parliament and European Council is expected to step up the adoption of electric vehicles, thanks to a new EU target for renewable energy. The agreement has been reached by the European Parliament and European Council, after exhaustive negotiations, under the revised Renewable Energy Directive.
According to reports, the new EU agreement seeks a 32 percent bloc-wide target for renewable energy by the year 2030. In addition, the agreement will also apparently result in an expanded use of solar and wind energy; thanks to the inclusion of a number of “citizen energy” measures, like eliminating grid charges for rooftop solar panels of under 25 kilowatts.
Furthermore, the agreement has also led to the setting of a new 14 percent renewable energy target in transport, including electric-vehicle (EV) incentives. It also includes more stringent regulations for bio-fuels used in transport, particularly palm oil and other crop-based fuels.
With regard to the noteworthy agreement between the European Parliament and European Council, Fine Gael MEP Sean Kelly said that the agreement will potentially pave the way for secure, cost-effective and climate-friendly energy for Europe.
Kelly, the main negotiator for the European People’s Party, also highlighted the fact that the 27 percent target proposed by the council and the commission “was outdated,” especially because the Paris Climate Agreement is already in place, and costs of renewable are falling.
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Ride-hailing service Ola has announced its plan to add 10,000 electric three wheelers in India over next 12 months.
With Germany targeting a figure of 1 million electric vehicles (EVs) cars on its roads by the year 2020, Munich-based EV start-up Sono Motors has efforts underway to launch its solar-powered electric car ‘Sion’ in 2019.
According to the findings of a new study published in the Nature Energy science magazine, one of the key problems which have apparently slowed down the adoption of electric vehicles (EVs) in Europe is poor shopping experience at car dealerships.
In a new massive energy storage project in the UK, battery packs of BMW i3 electric car have been used for connecting to the UK National Grid.
The potential sales of US electric vehicle manufacturer Tesla could be threatened in China, after a decision by the Chinese authorities to include electric vehicles (EVs) among the US-product imports on which additional tariffs are being levied.