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Investor Coalition Urges Phase Out of Internal Combustion Engine Vehicles

 
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The Investor Coalition for Equal Votes (ICEV) calls for ICEV phase-out.

description: an image showing a group of investors discussing the phase-out of internal combustion engine vehicles.

The Investor Coalition for Equal Votes (ICEV), chaired by Railpen and the Council of Institutional Investors, has called for the phase-out of internal combustion engine vehicles (ICEVs). The coalition, consisting of UK and U.S. pension funds, aims to address the environmental concerns associated with ICEVs and promote the adoption of cleaner alternatives.

Electric vehicle fires are less common than internal combustion engine vehicle fires and are not inherently more severe. However, they are more frequent due to the growing popularity of electric vehicles (EVs) and the unique characteristics of their battery systems. The ICEV coalition recognizes the importance of educating the public about the safety of EVs and dispelling misconceptions surrounding electric vehicle fires.

ICEVs that demonstrate the total cost of ownership (TCO) for battery electric vehicles (BEVs) is lower for similar class vehicles. Therefore, a comprehensive lifecycle cost analysis should be conducted to compare the overall expenses of ICEVs and BEVs. This analysis will provide valuable insights to policymakers, investors, and consumers in making informed decisions regarding vehicle purchases.

The T38, built on Chery's T2X modular architecture, serves as a platform for various Chery models, including Tiggo 9, Exeed Yaoguang (RX), and Exeed Lanyue (VX). This versatile platform enables the production of different vehicle types, catering to the diverse needs and preferences of consumers.

The NRCS Fundamentals of Conservation & Sustainability in Agriculture Certification is now available on the iCEV Testing Platform. This certification equips individuals with the knowledge and skills required to promote sustainable farming practices and contribute to environmental conservation in the agricultural sector.

India has set a national goal of achieving 30% battery electric vehicle (BEV) sales by 2030. To analyze the feasibility of this target, a study conducted by Ashok Deo and John German examines the challenges and opportunities in achieving this ambitious goal. The findings of this study will serve as a valuable resource for policymakers and industry stakeholders in India.

The Investor Coalition for Equal Votes (ICEV), a group of UK and U.S. pension funds, has joined forces to engage companies on investor voting rights. The coalition aims to ensure that shareholders have equal voting rights and influence in corporate decision-making processes.

iCEV, a leader in Career & Technical Education (CTE) curriculum and instructional materials, has announced a partnership with The Riverside Company. This partnership will enhance iCEV's offerings and provide students with access to comprehensive and industry-relevant Education resources.

Leading UK and U.S. pension investors managing more than $1 trillion have launched a campaign to stop companies from using dual-class share structures. The campaign aims to address the concerns regarding unequal voting rights and promote fairness and transparency in corporate governance.

In conclusion, the Investor Coalition for Equal Votes (ICEV) is actively advocating for the phase-out of internal combustion engine vehicles (ICEVs). The coalition believes that transitioning to cleaner alternatives, such as battery electric vehicles (BEVs), is crucial for addressing environmental concerns. Additionally, initiatives like the NRCS Fundamentals of Conservation & Sustainability in Agriculture Certification and the campaign against dual-class share structures further highlight the coalition's commitment to sustainability, fairness, and responsible investing.

Labels:
investor coalition for equal votes (icev)phase outinternal combustion engine vehicleselectric vehicle firestotal cost of ownership (tco)chery t38nrcs fundamentals of conservation & sustainability in agriculture certificationbattery electric vehicle (bev) salesinvestor voting rightsdual-class share
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