Finance News Wrap

Tue, 4th Jun 2024


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In this week's finance news wrap, Paige Estritori discusses the latest trends and updates in the electric vehicle (EV) industry. The International Council on Clean Transportation has evaluated the strategies of 21 car manufacturers, with Tesla and BYD emerging as top performers. However, certain Japanese brands like Mazda, Honda, and Suzuki are lagging in the environmentally friendly race. These results highlight Australia's new fuel-efficiency standards and illustrate the necessity of transitioning to zero-emission cars by 2035 to combat global warming. With a massive spike in EV sales, particularly in Australia, and stringent emission limits set to be enforced shortly, electric vehicles are an essential trend for a greener future. For more financial news, visit financialservicesonline.com.au.n
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Finance News WrapBy Paige Estritori