ThursdaySep 24, 2020 2:15 pm

UK Moves Planned Fossil Fuel Vehicle Ban to 2030

Vehicles running on fossil fuel have had a pretty good run over the past few decades but it’s become very clear that they do more harm than good to the environment. In a bid to reduce and ultimately eliminate carbon emissions, multiple governments have pledged to phase out the sale of conventional vehicles over the next decade or two. Originally, the UK was planning on banning the sale of new fossil fuel-powered vehicles in 2040, but it is now poised to bring forward the ban to 2030 in a move designed to speed the rollout of electric vehicles (“EVs”) in…

Continue Reading

TuesdaySep 15, 2020 2:45 pm

Uber Technologies Inc. (NYSE: UBER) Promises to Go All-Electric by 2030

Over the next decade or so, most developed countries plan to phase out internal combustion-engine vehicles in exchange for electric vehicles (“EVs”). Not only do they run on clean energy, but EV’s have zero emissions, making them perfect for drivers who are keen on reducing their carbon footprint. Rideshare giant Uber Technologies Inc. (NYSE: UBER) recently announced an ambitious plan to have “100 percent” of rides take place in electric vehicles by 2030 in the U.S., Canada, and Europe, and it is using an interesting strategy to achieve it. Instead of directly paying drivers to trade their fossil-fuel vehicles for…

Continue Reading

Contact us: (310) 299-1717