GT1 4.71% 8.1¢ green technology metals limited

Good news from Canada Canada to announce all new cars must be...

  1. 5,481 Posts.
    lightbulb Created with Sketch. 761
    Good news from Canada


    Canada to announce all new cars must be zero emissions by 2035



    Reuters
    December 18, 202310:50 AM GMT+10:30Updated 10 hours ago

    6CA63BAF-8F89-4096-B602-FEB0A29A550D.jpeg

    Dec 17 (Reuters) -

    Canada expects to announce this week that all new cars will have to be zero emissions by 2035, a senior government source said, as Ottawa is set to unveil new regulations in the latest example of countries around the world pushing for electrification.
    The new rules, known as the Electric Vehicle Availability Standard, would help ensure supply is available to the Canadian market and shorten wait times to get an electric vehicle, the source told Reuters, confirming earlier media reports.

    The Canadian provinces of British Columbia and Quebec already have the same regulated sales targets.
    Zero-emission vehicles - which include battery electric, plug-in and hydrogen models - must represent 20% of all new car sales in 2026, 60% in 2030 and 100% in 2035, the source said on condition of anonymity.
    Officials at Canada's environment ministry declined comment.
    Global EV sales now make up about 13% of all vehicle sales and are likely to rise to between 40%-45% of the market by the end of the decade, according to the Paris-based International Energy Agency (IEA).

    In the United States, the Republican-led House of Representatives voted earlier this month to bar the Biden administration from moving forward with stringent vehicle emissions regulations that would result in 67% of new vehicles being electric by 2032. The vote drew a veto threat from the White House.
    Market leader Tesla (TSLA.O) sold 325,291 vehicles in the United States during the first half of 2023. General Motors’ (GM.N) Chevrolet brand was a distant second at 34,943, trailed by Ford (F.N), Hyundai (011760.KS) and Rivian (RIVN.O).

    https://www.reuters.com/sustainabil...-be-zero-emissions-by-2035-report-2023-12-17/
 
watchlist Created with Sketch. Add GT1 (ASX) to my watchlist
(20min delay)
Last
8.1¢
Change
-0.004(4.71%)
Mkt cap ! $31.48M
Open High Low Value Volume
8.4¢ 8.6¢ 8.1¢ $22.19K 270.4K

Buyers (Bids)

No. Vol. Price($)
2 208887 8.1¢
 

Sellers (Offers)

Price($) Vol. No.
8.9¢ 48000 1
View Market Depth
Last trade - 16.10pm 04/11/2024 (20 minute delay) ?
GT1 (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.