The global market for e-bikes is surging. These bicycles, usually equipped with pedals and an electric motor assist, are popular with consumers and commuters and are becoming part of local business delivery systems. The trend could significantly reduce particulate pollution and smog, as well as cut carbon emissions in the transportation sector.
There is a disconnect between brands' pursuit of decarbonisation targets and the provision of financing to their suppliers. Companies such as H&M are now working with banks in the region on new loan structures to support factory upgrades. Will that make a difference?
Ahead of the country’s most important annual political gatherings, local governments pledged to accelerate electric vehicle growth and protect biodiversity.