Blog Corner Image

Electric cars will be cheaper to produce than fossil fuel vehicles by 2027

Electric cars will be cheaper to produce than fossil fuel vehicles by 2027

Electric cars will be cheaper to produce than fossil fuel vehicles by 2027
Electric cars and vans will be cheaper to produce than conventional, fossil fuel-powered vehicles by 2027, and tighter emissions regulations could put them in pole position to dominate all new car sales by the middle of the next decade, research has found. By 2026, larger vehicles such as electric sedans and SUVs will be as cheap to produce as petrol and diesel models, according to forecasts from BloombergNEF, with small cars reaching the threshold the following year. Electric vehicles reaching price parity with the internal combustion engine is seen as a key milestone in the world’s transition from burning fossil fuels. The falling cost of producing batteries for electric vehicles, combined with dedicated production lines in carmarkers’ plants, will make them cheaper to buy, on average, within the next six years than conventional cars, even before any government subsidies, BloombergNEF found. Reduced cost is seen as critical to make electric vehicles more attractive to consumers, especially when combined with increased range.

Strategic resilience in the US wine industry

Strategic resilience in the US wine industry

How to be resilient when wildfire threatens an industry Wildfire smoke can impact the quality of wine, but vignerons won’t know what the damage is until the wine is opened. Grapevines themselves are pretty resilient to fire, but wildfire smoke can taint the flavor significantly AND the impact might not be revealed until the wine…

Electric recycling and garbage trucks catching on

Electric recycling and garbage trucks catching on

Electrification is catching on in the hauler industry. Republic Services is going all-in on fully integrated electric recycling and garbage trucks. With a fleet of over 17,000 vehicles nationwide, this sustainability initiative puts Republic in the vanguard of leaders in their industry. Republic is one of the largest operators offering residential and commercial recycling and…

Sustainability Spotlight: Bellingham Public Schools Tackles Sustainability

Sustainability Spotlight: Bellingham Public Schools Tackles Sustainability

School districts have a compelling reason to reach for sustainability in their operations and curriculum. The energy their buildings and buses use, the food they serve, the water they consume, and the waste they generate puts schools at the fulcrum of what sustainability entails – reducing their environmental footprint and conserving resources. Additionally, their job…

Climate Change Impacts Seaports

Climate Change Impacts Seaports

Seaports are a vital part of the shipping industry, and they are already feeling the effects of climate change. The concern over climate change must be transformed into action. Climate planning should be budgeted for all ports and should include adaptation and mitigation. Climate change is here. Time is of the essence.

Farmers adapt solar arrays for growing crops

Farmers adapt solar arrays for growing crops

Image credit: Agrivoltaics: How Solar and Farmland can Fight Climate Change (solarreviews.com) Agrivoltaics produce electricity and grow crops on the same land Using the power of the sun solves a host of problems such as reducing farmers’ energy costs, optimizing land use, reducing evaporation, and lowering costs through efficiencies. It is also known as solar…

Sustainability Spotlight: Tony’s Coffee

Sustainability Spotlight: Tony’s Coffee

How did sustainability start for Tony’s? Our sustainability journey can be traced back to 2002, when we began sourcing Organic, Fair Trade, Shade Grown coffee. Since then, we moved to 100% green power, doubled our roasting efficiency, offset our roastery’s carbon footprint, and continue to support causes that we care about. Our commitment to sourcing…

Get started

How ready is your organization for climate change and sustainability? Get your questions answered. Peak can help you move to a strategy-driven roadmap.