France's Macron calls for European tech company push by 2030

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billion) each in valuation by 2030, in a bid to rival U.S. PARIS (Reuters) - French President Emmanuel Macron on Tuesday outlined an ambitious push for Europe to create 10 technology giants worth 100 billion euros ($121.26 companies that dominate the sector.

Volkswagen aims for half of vehicle sales to be electric by 2030

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WOLFSBURG, Germany (Reuters) -Volkswagen said on Tuesday it expected battery electric vehicles to account for half of its global vehicle sales by 2030, as Europe's largest carmaker prepares to phase out combustion engine cars.

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Denmark agrees deal to have 775,000 electric cars by 2030

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COPENHAGEN (Reuters) - Denmark on Friday agreed on a deal with parliament to put at least 775,000 electric or hybrid cars on Danish roads by 2030 in its latest move to reach its ambitious target reducing greenhouse gas emissions by 70% in 2030.

Bentley's luxury car range to be fully electric by 2030

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LONDON (Reuters) - Bentley Motors' model line-up will include only plug-in hybrids and electric cars by 2026 and will be fully electric by 2030, the British luxury carmaker said on Thursday, as the auto industry adapts to tighter emissions limits in Europe and China. By Nick Carey.

Moscow goes green: Russian capital eyes fully electric bus fleet by 2030

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MOSCOW (Reuters) - Moscow plans to nearly quadruple the number of electric buses it operates in coming years and replace all petrol or diesel-powered public transport vehicles with greener alternatives by 2030, a senior city transport official has said.

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Jaguar Land Rover's car range to be fully electric by 2030

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Reuters) - Jaguar Land Rover's car range will be fully electric by 2030 as the carmaker joins a global race to develop zero-emission models to get ahead of looming bans on sales of new fossil-fuel vehicles. By Nick Carey.

Ride-hailing giant Gojek to shift to electric vehicles by 2030

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SINGAPORE (Reuters) - Indonesian ride-hailing startup Gojek plans to make every car and motorcycle on its platform an electric vehicle (EV) by 2030 through partnerships with manufacturers and favourable leasing arrangements, co-Chief Executive Kevin Aluwi told Reuters.

Betting on death of petrol cars, Volvo to go all electric by 2030

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LONDON (Reuters) - Volvo's entire car line-up will be fully electric by 2030, the Chinese-owned company said on Tuesday, joining a growing number of carmakers planning to phase out fossil-fuel engines by the end of this decade. "I By Nick Carey and Helena Soderpalm.

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Your World in 2030: Is This Decade Set To Be Your Best Yet?

Bruno Aziza

Remember January 2010? You didn’t have an iPad. You couldn’t ‘call an Uber.’ And you probably relied on a paper map. A lot has changed in the last 10 years, technologically speaking. Moore’s Law hasn’t disappointed: it may even have delivered more than we ever thought was possible

China EV battery maker Octillion looks to cash in on carbon neutral drive

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HEFEI, China (Reuters) - China's push towards carbon neutrality as well as its growing manufacturing might will allow electric vehicles (EV) to compete equally with standard cars by 2030 and drive the sector to new heights, the head of a leading Chinese EV battery maker said.

British auto industry says Gigafactories needed to save jobs

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Reuters) - Britain's automotive industry called for a binding target for the country to achieve 60 gigawatt hours (GWh) of battery capacity by 2030 or risk losing tens of thousands of jobs. By Yadarisa Shabong.

France's Macron says whether to break up U.S. tech giants is legitimate question

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billion) each in valuation by 2030, in a bid to rival U.S. PARIS (Reuters) - Whether to break up dominant U.S. technology players is a legitimate question, French President Emmanuel Macron said on Wednesday at a panel at France's biggest tech show Viva Tech.

Europe seeks semiconductor boost, first quantum computer

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The EU plan called 2030 Digital Compass comes as the COVID-19 pandemic exposes the 27-country bloc's reliance on key technologies owned by Chinese and U.S. By Foo Yun Chee.

BMW says China car factories to reach carbon neutrality this year

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BEIJING (Reuters) - German luxury automaker BMW said on Thursday its factories in China plan to reach carbon emissions neutrality by the end of this year, while its total carbon emissions in its Chinese production chain will fall 80% by 2030.

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Samsung boosts non-memory chip investment to $151 billion as S.Korea offers bigger tax breaks

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SEOUL (Reuters) -Samsung Electronics on Thursday raised its planned investment in non-memory chips to 171 trillion won ($151 billion) through 2030, joining a rush of firms ramping up investments amid a global semiconductor shortage. By Joyce Lee and Heekyong Yang.

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White House touts EVs, but not backing gasoline-powered phase-out date

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WASHINGTON (Reuters) - The Biden administration wants to spend $174 billion to boost electric vehicles and charging stations but its 2030 climate emissions reduction pledge released on Thursday does not include a firm date to phase out gasoline-powered vehicles. By David Shepardson.

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Volvo Cars aiming for an IPO by the end of 2021

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Samuelsson and other Volvo Cars executives on Wednesday laid out an extensive road map to becoming a fully electric car maker by 2030, including plans to sell 600,000 battery electric vehicles at mid-decade and build a European battery gigafactory in 2026. By Paul Lienert.

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EU electric vehicle push needs 80 billion euros for chargers: industry group

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The European Union has said it needs 30 million or more zero-emission cars on its roads by 2030 as part of efforts to cut emissions by at least 55% this decade versus 1990 levels. They are powered by fewer than 250,000 public electric vehicle charging points, which must rise to 3 million by 2030 to meet the green goals, according. By Kate Abnett and Nick Carey.

General Motors' Cruise unit signals progress with Dubai deal

DataFloq

By 2030, Cruise and Dubai's transit authority said they plan to have 4,000 self-driving taxis in operation.

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Top 3 Hiring Tips for Data Roles & Teams in Manufacturing

Dataiku

According to McKinsey , organizations that adopt and integrate AI technology are better positioned to double their cash flow by 2030. However, when looking at manufacturing organizations specifically, they have room to grow when it comes to AI maturity.

Renault seals electric car battery deals with Envision, Verkor

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billion) close to "Renault ElectriCity" electric car hub to create 2,500 new jobs by 2030. PARIS (Reuters) - French carmaker Renault said on Monday it had sealed partnerships with China's Envision AESC and France's Verkor to produce electric car batteries in northern France.

Chinese automaker Changan aims to list EV unit on STAR Market -sources

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The unit aims to sell over 500,000 EVs a year in 2025 and one million in 2030, Changan said during a recent briefing with investors. By Yilei Sun and Tony Munroe.

UK's Arrival, Uber to develop electric ride-hailing 'Arrival Car'

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Uber plans to be a fully electric mobility platform in London by 2025, and across North America and Europe by 2030. By Nick Carey.

GM escalates the electric vehicle arms race

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(Corrects AlixPartners electric vehicle spending forecast to $330 billion by 2030, instead of over the next five years). By Ben Klayman. DETROIT (Reuters) -General Motors Co on Wednesday boosted its spending on electric and autonomous vehicles, pulled ahead plans for two U.S.

Formula One great to develop electric vans, SUVs for carmakers, startups

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LONDON (Reuters) - Supercar maker the Gordon Murray Group said on Tuesday it plans a 300-million-pound ($420 million) expansion over the next five years, which includes developing electric SUVs and delivery vehicles for carmakers as it shifts towards an all-electric supercar by 2030.

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UK in talks with 6 firms about building gigafactories for EV batteries - FT

DataFloq

The British government's plan to prohibit the sale of new petrol and diesel cars by 2030 and hybrids by 2035 will require the country's vehicle plants to shift to producing electric models.

The Top 7 AI Adoption Challenges (& Their Solutions)

Dataiku

trillion to the global economy by 2030. AI adoption requires a lot of cross-team engagement and collaboration, but the Return on Investment (ROI) is clear; according to PwC , AI has the potential to contribute $15.7 Data Basics * Scaling AI

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How McLaren aims to rebuild supercars to roar into electric era

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Yet new gas-fuelled engines like McLaren's could be illegal in many countries by 2030. By Nick Carey.

IT 185

BMW moves engine production to Britain as German plants go electric

DataFloq

billion) scheme to promote low-emission cars and Britain said it will ban the sale of new petrol and diesel cars and vans from 2030. "By

California regulator adopts EV mandate for Uber, Lyft ride-hail fleets

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The rules, adopted through a unanimous vote by the California Air Resources Board (CARB), mandate that EVs account for 90% of ride-hailing vehicle miles traveled by 2030. By Tina Bellon.

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Toyota to unveil two new EVs for U.S. market that will go on sale in 2022

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sales by 2025 will be hybrid vehicles or electric vehicles, rising to 70% by 2030. By David Shepardson.

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Trading clunkers for electric bikes: France moves to offer financial incentive

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It was an amendment to a draft climate bill passing through parliament that aims to reduce greenhouse emissions by 40% in 2030 from 1990 levels.

Sales of battery-electric vehicles in Germany triple in 2020

DataFloq

Since vehicles with full or partial electric propulsion reached a market share of 22% in the fourth quarter of 2020, the German government was well on its way to reach its goal to have 7 million to 10 million registered electric vehicles on German roads by 2030, he added.

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Europe regulator sees first flying taxis in 2024 or 2025

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EASA cited figures suggesting a 4.2-billion-euro UAM market in Europe by 2030, creating 90,000 jobs. By Tim Hepher. PARIS (Reuters) - Europe could see the first flying taxis enter service as early as 2024, the region's top aviation regulator said on Wednesday.

Japanese companies go high-tech in the battle against food waste

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With the highest food waste per capita in Asia, the Japanese government has enacted a new law to halve such costs from 2000 levels by 2030, pushing companies to find solutions. By Tetsushi Kajimoto.

China pushes technical solutions in race to meet climate goals

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President Xi Jinping promised last year that China, the world's biggest emitter of greenhouse gases, would bring emissions to a peak before 2030 and become "carbon neutral" by 2060.

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BMW aiming for quarter of China sales to be electric vehicles by 2025

DataFloq

BMW has said it expects half of its sales globally to be fully-electric models by 2030. SHANGHAI (Reuters) - German automaker BMW is aiming for a quarter of its sales in China to be pure battery electric vehicles by 2025, its China chief Jochen Goller said on Monday.

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Volkswagen hikes battery cell demand in aggressive EV expansion

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The supply chain update is part of the world's second-largest carmaker's strategy to raise the share of fully electric vehicles in Europe to more than 70% by 2030 at its core brand, details of which were unveiled last week. By Jan Schwartz and Christoph Steitz.

Hyundai Motor chief, units to buy Boston Dynamics from SoftBank: source

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The move comes after newly-promoted chairman Euisun Chung pledged to reduce reliance on traditional car manufacturing, saying robotics will account for 20% of the company's future business, with car-making taking up 50%, followed by urban air mobility at 30% by 2030.

Honda aims for 100% electric vehicles by 2040, says new CEO

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The company expects EVs and FCVs to account for 40% of sales by 2030 and 80% by 2035 in all major markets, including North America and China. By Eimi Yamamitsu.

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Europe should invest in chip design, not a mega-fab: think tank

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The EU executive's new goal of doubling its global semiconductor share by 2030 is doomed to fail because the bloc lacks a meaningful market that any super-advanced chip foundry could sell into, author Jan-Peter Kleinhans said. By Douglas Busvine.

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EU explores chipmaker alliance as alternative to foreign-funded megafab - sources

DataFloq

It would complement or come as an alternative to a possible foreign-funded factory, with the aim to double the EU's market share in semiconductors to 20% by 2030, a target set out by European internal market chief Thierry Breton. By Mathieu Rosemain, Michel Rose and Foo Yun Chee.

Hyundai delivers first fuel cell trucks to Switzerland

DataFloq

However, a McKinsey study in January said that once relative efficiencies of the power sources and lifetime costs of a truck are factored in, green hydrogen could reach cost parity with diesel by 2030.

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