Customer-owned Bank Australia traces its roots back to 1957. According to its Statutory Financial Report for 2021, it said total assets had grown to 8.5 billion Australian dollars , with profit after tax coming in at 40.7 million Australian dollars.
It is not unique in its strategy toward vehicles powered using fossil fuels. In 2020, Denmark's Merkur Cooperative Bank said it would halt financing for new diesel and gasoline cars. All of this comes as major European economies are laying out plans to move away from road-based vehicles that use diesel and gasoline.
The U.K. wants to stop the sale of new diesel and gasoline cars and vans by 2030. It will require, from 2035, all new cars and vans to have zero-tailpipe emissions. The European Union — which the U.K. left on Jan. 31, 2020 — According to the International Energy Agency, electric vehicle sales hit 6.6 million in 2021. In the first quarter of 2022, EV sales came to 2 million, a 75% increase compared to the first three months of 2021.
Energy Energy Latest News, Energy Energy Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: Carscoop - 🏆 306. / 63 Read more »
Source: CARandDRIVER - 🏆 576. / 51 Read more »