Japan intends to make all new cars sold in 2050 either fully electric or hybrid vehicles
According to fresh The Mainichi report, a panel of Japan’s Economic Ministry has declared at a recent meeting that it is targeting a 2050 deadline for all new passenger cars sold in the country to be electrified --- that is, either fully electric or hybrid vehicles.
The Mainichi has revealed that the declaration was made by the panel of Japan’s Economic Ministry at a meeting held on Tuesday. A part of the panel comprises the executives of leading Japanese automakers, including Toyota and Nissan.
The panel has said in its report that Japan’s auto industry players will form a joint venture before March 2019, to unfold a collaborative effort for securing the supplies of cobalt -- one of the main resources for battery manufacturing -- for the future.
In addition, the panel has also announced that its goals for the long-term will also include a 90 percent reduction of greenhouse gas emissions by individual vehicles by 2050 as compared to the emission levels in 2010.
During the recent meeting of the panel, Hiroshige Seko -- Japan's Minister of Economy, Trade, and Industry -- said: “Japan would like to contribute to achieve zero emissions on a global scale by spreading electric vehicles worldwide.”
At Pebble Beach Automotive Week in Monterey, California, on Thursday, a stunning electric supercar prototype was unveiled by German automaker Audi. The prototype is called ‘Audi PB 18 e-tron.’
Energy giant BP has recently announced the acquisition of Chargemaster, the leading charging network operator in the UK.
According to a recent confirmation by German automaker Audi, the e-tron quattro all-electric SUV -- the company’s “first all-electric Audi e-tron” -- is scheduled to make its international debut in the US on September 17, 2018.
According to a Bloomberg New Energy, oil industry experts project that demand for oil will be dramatically affected by the increasing adoption of electric vehicles (EVs).
In response to recent reports about the Tesla Semi electric truck prototype having been spotted in Arkansas, Tesla CEO Elon Musk has commented that the truck was driven “across the country alone.”
During the course of Tesla’s Q1 2018 earnings call last week, CEO Elon Musk said that the company has effectively streamlined the production of the Model 3 battery pack, thereby bringing about a 94% reduction in the time taken to produce the batte