With Euro 7 measures expected to be introduced within the next few years, car manufacturers are shifting to electric vehicles (EVs), as internal combustion engine (ICE) vehicles are becoming less viable for the future European auto market.

Several European automakers have already introduced a range of EV models, aiming for EVs to make up a high proportion of their sales by 2030. Now Asian companies are eying the European market for EV sales as new regulations are expected to dramatically restrict the sale of traditionally fuelled vehicles.

Europe’s New Emissions Standards Are Accelerating The EV Race | Devamı>>>

Company is going all-electric and funding a new Yale center for applied research focused on carbon-negative technologies.

FedEx Corp. announced this week that it wants to achieve carbon-neutral operations globally by 2040. The company laid out three key areas it will focus on via a $2B investment: vehicle electrification, sustainable energy, and carbon sequestration.

This includes a pledge of $100 million to Yale University to help establish the Yale Center for Natural Carbon Capture, which will be focused on developing natural solutions for reducing atmospheric carbon.

FedEx Says it will be Carbon Neutral by 2040 | Devamı>>>