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An electric vehicle charging point in Stoke-on-Trent, England.
Nathan Stirk | Getty Images News | Getty Images

The U.K. government said Wednesday it wanted to create a net zero transport sector by the year 2050, as it looked set to publish details of a long-awaited decarbonization plan later today.

According to a news release from the government — the full report had not been made available as of lunchtime on Wednesday — a key part of the roadmap is a goal to “phase out the sale of new diesel and petrol heavy goods vehicles (HGVs) by 2040.”

If realized, this ambition — which is subject to consultation — would complement the government’s previously announced plans to stop the sale of new diesel and gasoline cars and vans by 2030 and require, from 2035, all new cars and vans to have zero tailpipe emissions.

Among other things, authorities are also targeting a net zero railway network by the middle of this century and want net zero aviation emissions by 2050.

The shift to a zero emission transport sector, the U.K.’s largest emitter of greenhouse gases, will require significant investment in areas such as charging infrastructure and the development of new systems and technologies.

In a written statement to the U.K. Parliament, Transport Secretary Grant Shapps said: “The plan published today is genuinely high ambition – technically and feasibly – for all areas of transport and notes that decarbonisation will rely, in part, on future transport technology, coupled with the necessary behavioural and societal change.”

Among those reacting to the plan were Helen Clarkson, CEO of international non-profit The Climate Group. “There is no world in which the decarbonisation of transport happens overnight,” she said, “so we await further clarity from the Government around the timelines for these plans and encourage them to look beyond ambition to action.”

Industry responds

Wednesday’s announcement drew a mixed response from a wide range of stakeholders within industry. Elizabeth de Jong, Logistics UK’s director of policy, said the government’s plan would “help to provide logistics businesses with confidence and clarity on the steps they must take on the pathway to net zero.”

“Consultation on proposed phase out dates for new diesel HGVs should enable business to move forwards with confidence,” she added.

Elsewhere, the Road Haulage Association said that while it supported the decarbonization of trucks, the government’s plan was “speculative, potentially damaging to business, and short on detail.”

Richard Burnett, the RHA’s chief executive, claimed that the proposal as it stood was “unrealistic.”

“These alternative HGVs don’t yet exist – we don’t know when they will and what they will cost,” he said. “It’s also not clear what any transition will look like – this is blue skies aspiration,” he added.

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777 hp electric overland concept from Italdesign bows in Beijing [video]

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777 hp electric overland concept from Italdesign bows in Beijing [video]

The all-new, all-electric Italdesign Quintessenza concept is a high-tech Italian take on the Porsche Dakar concept that’s just begging to be put into production.

Making its debut at the Beijing Auto Show, the Italdesign Quintessenza concept embodies both the dynamic prowess of a GT and the versatile adaptability of a pick-up truck. At least, that’s what its makers say. And, if your idea of a pickup truck leans more towards “Subaru Brat” than “Ford F-150 Lightning,” that’s probably right!

The rear section of the Quintessenza converts from a “hatchback” to an open “pickup” bed in true Brat fashion. The rear seats are designed to flip 180-degrees backwards, providing a rear-facing, panoramic “stargazing” mode that promises, “(the) experience and feeling of connection with nature and the outside world.”

Stargazing mode

In its more conventional GT “mode,” the Quintessenza is arguably the best-looking Italdesign concept to come out in years, with vertical lighting elements up front and aggressively-sculpted rear haunches that this writer thinks would be a natural for Audi.

Those design elements aren’t just aesthetic – they’re loaded with electronics. “Two aerodynamic fins that integrate the ADAS systems are present on the upper back of the roof, at the level of the C-pillars,” reads the official release. “They map the surrounding environment when the satellite signal is poor, and offer multifunction lights indicating the car’s driving mode and braking when the hard top is removed.”

Quintessenza vertical elements

So, what kind of vehicle is the Italdesign Quintessenza? Is it a true overland GT, in the style of the Porsche Dakar or 911 SC/RS (the rally car that became the 959)? Is it a high-end spin on the classic Subaru Brat? A futuristic Ute for traversing the Australian outback? Or is it something else entirely?

That’s above our pay grades – but you, dear readers? You guys know what’s up, so check out the official Quintessenza launch video (below), then let us know what you think of Italdesign’s latest in the comments section at the bottom of the page.

Italdesign Quintessenza

DIMENSIONS

  • Length 5561 mm
  • Height 1580 mm
  • Width (front/rear) 2200 mm
  • Wheelbase 3240 mm
  • Front overhang 1003 mm
  • Rear overhang 1318 mm
  • Number of passengers 2+2
  • Body Lightweight Aluminum structure
  • Ground height Adjustable 200-280 mm

POWERTRAIN + PERFORMANCE

  • Battery 150kWh/800V
  • Power 580kW (approx. 777 hp)
  • Range 750 Km (approx. 465 miles)
  • 0-100 Km/h < 3 seconds
  • 1 Electric Drive Unit Front axle
  • 2 InWheel motor rear axles

SOURCE | IMAGES: Italdesign.

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The new Momentum Cito E+ dares you to leave the car at home [Video]

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The new Momentum Cito E+ dares you to leave the car at home [Video]

All the cool suburbanites are already taking their kids to school, loading up at the farmers’ market, and making deliveries on clever and capable cargo e-bikes, but the new Momentum Cito E+ from Giant raises the cargo bike bar even higher — and makes leaving the car at home easier than ever.

Momentum is a new brand of “lifestyle” e-bikes from Giant Group designed to deliver premium features to customers while still hitting that $3,000-4,000 market “sweet spot.” Their latest bike, the all-new for 2024 Cito E+ utility bike, does just that, coming to market with a premium battery, Bluetooth technology, a suite of high-end safety features, and a $3,200 starting price.

Premium battery

Getting the most out of your e-bike often means getting the most out of your battery — and Momentum absolutely gets that. The Cito E+ ships with a 780 Watt-hour Panasonic battery pack with 22700 cells that have been optimized for e-bike use.

Compared to other ebike batteries with similar power ratings, the Momentum’s Panasonic battery promises to be lighter and more durable, with superior IPX7 weather protection, thermal regulation, and other safety features built-in (in fact, Panasonic was the first e-bike supplier to score a UL safety rating for its batteries).

The battery is easily removable for charging at home or in an office, but it can be charged while it’s in the bike, too. Either way, charging won’t take long — from 0 to 80% of charge (approx. 60 miles) of range is available in 3.5 hours, while a full (75 mile) charge takes less than 5 hours.

Connected cargo bike

As our test rider highlights in the video (above), the Momentum Cito E+ uses a proprietary battery management system, or BMS, to monitor the battery pack for maximum efficiency and reliability down to the individual cell level.

The BMS uses Bluetooth connectivity to transfer battery health data, state of charge, and other important information straight to the RideControl app, which enables the bike’s owner to get an in-depth look at the overall state of their e-bike and provides valuable diagnostic data to both the technicians tasked with servicing the bike and Giant themselves, to help develop even better e-bikes in the future.

2024 Giant Group dealership map; via ScrapeHero.

That connection to Giant Group is a huge potential benefit to Momentum Cito E+ buyers, by the way, as it gives them access to support from more than 1,200 brick and mortar Giant dealers across the US alone (above).

That’s a serious advantage that online-only bike brands simply can’t match.

Safety first … and maybe second, too

Momentum’s commitment to safety doesn’t stop at the battery. The Cito E+ features confidence-inspiring 4 piston hydraulic disc brakes and a heavy duty suspension for predictable handling even under heavy loads — important if you have to suddenly haul the bike down from its electronically assisted 28 mph top speed with precious kids and cargo on the back.

LED head and taillights with a lever-activated taillight ensure Cito E+ riders will be seen, too, helping you stay safer after hours.

Accessories and add-ons

Momentum Cito E+ top tube accessory and Momentum front basket shown; image by Electrek.

Momentum’s Cito E+ offers a comprehensive selection of accessories to help optimize it for each rider’s unique use case — whether that’s hauling up to 132 lbs. of cargo on the rear rack and 33 lbs. on the optional front basket (shown, above), or adding 2 Thule Yepp Maxi seats and getting the little ones to school five times a week.

You can find out more about the Momentum Cito E+ and the brand’s available accessories by clicking here.

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‘This is a unique time’: ARK Invest’s chief futurist tackles tech innovation from AI to robotics

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‘This is a unique time’: ARK Invest’s chief futurist tackles tech innovation from AI to robotics

Private lives – why hot tech is shying away from IPOs

ARK Invest’s chief futurist lists five groups that should give tech investors an edge.

According to Brett Winton, robotics, artificial intelligence, multi-omics sequencing, public blockchain and energy storage are key areas because they’re all entering the marketplace at the same time.

“We believe that this is a unique time in technological economic history,” he told CNBC’s “ETF Edge” this week.

Winton collaborates with ARK Invest CEO Cathie Wood to maintain the ARK Venture Fund (ARKVX), which allows investors to buy into the private technology space.

According to the firm’s website, the goal of the fund is to make venture capital offerings of innovative spaces in the market accessible to individual investors. As of April 10, it shows the fund’s top holdings include Epic Games, known for online video game Fortnite, and biotech companies Freenome and Relation Therapeutics.

“Our emphasis is that we are investing in innovation over the long term and going to support management teams,” said Winton.

He contends it’s a strategy that’s often not prioritized.

“That’s a real challenge a lot of public market investors don’t have that long-term view,” Winton added.

The ARK Venture Fund is down more than 7% so far this year. However, it’s up almost 39% percent over the past 52-weeks.

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