China has announced it will cut subsidies for green energy vehicles such as electric cars by 30%, beginning January this year. A release from the Ministry of Finance said that the subsidies policy, NEV 2022 will be definitively closed by 31 December 2022.
The United Kingdom has announced all-new road vehicles in the country will be zero-emission within the next two decades, while charge points are to be the main focus to adapt to the EV revolution.
As the leading country in the region on the road to new sources of energy for vehicles, Chile last week added a new charging point for battery-powered engines next to the Nueva Angostura tollbooth and is the first of a total of 5 to be implemented on Ruta 5 Sur between Santiago and Talca.
The European Commission has voted last week to ban the sale of vehicles that run on gasoline or diesel by the year 2035 to change the energy matrix in transport.
Just as the European Commission sent a bill last week to the European Parliament regarding electric vehicles, the Governments of Argentina and Bolivia are also taking similar paths.
Brazil's Association of Automotive Vehicle Manufacturers, ANFAVEA announced that export expectations for 2021 should reach 389,000, a significant increase over the previous estimate of 353,000. Furthermore, overseas sales will stand at 20% over the 2020 figure.
The traditional German automaker Volkswagen has chosen Uruguay as the first country in Latin America to receive its assortment of fully electricity-powered models, it was announced during a ceremony which was attended by President Luis Lacalle Pou.
Jaguar Land Rover's Jaguar brand will be all-electric by 2025, the carmaker announced. The company will launch electric models of its entire Jaguar and Land Rover line-up by 2030, it added.
The government of New Zealand unveiled a blueprint Sunday to phase out gasoline cars while it's dairy and beef industry, a key pillar of the economy, must slash cow numbers under the ambitious plan to be carbon neutral by 2050.
Chile has called for lithium to be traded on the London Metals Exchange to provide greater “clarity” about its value, mining minister Baldo Prokurica said. At present, lithium producers negotiate contracts with buyers but the terms of the deals are not made public. Critics say this lack of clarity has a chilling effect on potential new investment in the market since the metal’s value cannot be precisely measured.