Volkswagen expects to become the most profitable manufacturer of electric cars thanks to a multi-billion euro expansion plan to mass produce battery driven vehicles, Chief Executive Herbert Diess said on Friday.
The environment minister of the German state of North Rhine-Westphalia (NRW) said she expected the regional government to appeal a court ruling that NRW must ban older diesel vehicles from parts of the nation's industrial heartland.
German cities are starting to introduce bans on older diesel vehicles that emit higher amounts of pollutants than later models after the country's highest administrative court in February confirmed such bans are permissible.
RWE sees no negative impact should a planned retail joint venture of subsidiary Innogy and British peer SSE fall through, Chief Financial Officer Markus Krebber told analysts on Wednesday.
A U.S. federal judge in Montana halted construction of TransCanada Corp's Keystone XL oil pipeline on Thursday, saying a U.S. environmental analysis "fell short of a 'hard look'" at the cumulative effects of greenhouse gas emissions and the impact on Native American land resources.
A U.S. judge in Montana has blocked construction of the Keystone XL pipeline designed to carry heavy crude oil from Canada to the United States, drawing praise on Friday from environmental groups and a rebuke from President Donald Trump.
The U.S. Environmental Protection Agency will announce plans to propose new rules to significantly decrease emissions of smog-forming nitrogen oxide from diesel-powered heavy-duty trucks, an agency official said.
The German government has set aside around 1 billion euros ($1.1 billion) to support battery cell production, and it aims to have 30 percent of such production coming from Germany and Europe by 2030, the economy minister said.
Natural gas is expected to overtake coal as the world's second largest energy source after oil by 2030 due to a drive to cut air pollution and the rise in liquefied natural gas (LNG) use, the International Energy Agency (IEA) said on Tuesday.
Germany has earmarked 1 billion euros ($1.2 billion) to support a consortium looking to produce electric car battery cells and plans to fund a research facility to develop next-generation solid-state batteries, three sources told Reuters.
Germany has earmarked 1 billion euros ($1.2 billion) to support a consortium looking to produce electric car battery cells and plans to fund a research facility to develop next-generation solid-state batteries, three sources told Reuters.
