If we want to hit emissions targets, EV sales need to rise 500 percent

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AstraZeneca is capping out-of-pocket costs for inhalers and related medication at no more than $35 per month, the drugmaker announced Monday.
The Britain based pharma giant said the expanded savings are intended to help vulnerable patients with asthma or chronic obstructive pulmonary disease, especially those without health insurance.
The price cap takes effect June 1.
“AstraZeneca’s expanded savings programs build on our long-standing commitment to addressing barriers to access and affordability for patients living with respiratory diseases to ultimately help patients lead healthier lives,” AstraZeneca chief executive Pascal Soriot said in a statement.
The move matches a cost-reduction program from Boehringer Ingelheim, a German pharmaceutical company that rivals AstraZeneca in the inhaler market.
It follows the launch of an investigation by the Senate Committee on Health, Education, Labor and Pensions, in which Democratic senators and Sen. Bernie Sanders (Vt.), an independent who caucuses with the Democrats, wrote to four major inhaler companies asking them to lower prices.
AdvertisementSanders released a statement Monday congratulating AstraZeneca and urging other companies to follow suit.
The other two leading manufacturers — GlaxoSmithKline and Teva — have not agreed to a price cap.
Share this article ShareThe lawmakers have pointed to sizable differences in inhaler co-pays between the United States and Europe.
For example, GlaxoSmithKline charges $319 for Advair HFA, a prescription inhaler, in the United States compared with $26 in Britain, according to the lawmakers.
“If AstraZeneca and Boehringer Ingelheim can cap the cost of inhalers at $35 in the United States, these other companies can do the same,” Sanders said in Monday’s release.
A GlaxoSmithKline spokesperson said in an email that the company “has a strong track record of responsibly pricing medicines while creating solutions that provide patients with access to scientific breakthroughs.” The company provides medicines and vaccines at no cost to patients who are eligible for its charitable programs, the spokesperson added.
AdvertisementTeva did not immediately respond to a request for comment.
The Asthma and Allergy Foundation of America, a patient advocacy group, said it welcomes efforts to make asthma drugs more affordable and called on health-care industry stakeholders to do their part to reduce costs.

Greetings! This is The Morning Shift, your daily compilation of the most important automotive stories from across the globe, all in one location. It is Monday, March 18, 2024. These are the tales that are essential to be aware of.

First Gear: A Significant Increase in EV Sales Is Required.

Our streets and highways are gradually becoming more and more filled with electric vehicles as more and more people choose battery-powered vehicles. Indeed, the U.S. saw a 15% increase in electric vehicle sales in just January. s. , however it falls short of President Joe Biden’s aggressive emissions goals.

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According to a recent Bloomberg report, in order to reach Biden’s suggested targets by 2032, electric vehicles (EVs) may need to increase to account for over two-thirds of all cars on US roads. Less than 10% of cars on American roads are electric at the moment. As stated by Bloomberg:.

The policy, which places restrictions on emissions of carbon dioxide, soot, and other pollutants that cause smog, is regarded as one of President Joe Biden’s most important climate regulations. Additionally, it is essential to the US meeting its commitment under the Paris Agreement to cut its greenhouse gas emissions by at least half by 2030. The US transportation industry is the primary source of pollution that contributes to global warming. Manish Bapna, the director of the Natural Resources Defense Action Fund, stated that “cars and light trucks alone account for about 20 percent of the carbon footprint.”. Removing that is “absolutely essential to real, concrete progress.”. However, Biden must strike a careful balance in light of the regulation as he campaigns for support in Michigan, a swing state that includes autoworkers concerned about an overly quick switch to electric vehicles.

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The policies, which are expected to be finalized this week, are intended to reduce emissions of 10.5 billion metric tons of carbon dioxide between 2026 and 2040. The Environmental Protection Agency would need annual reductions in emissions in order to accomplish this, according to Bloomberg.

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VinFast is launching a charging network, which is the second gear.

These days, automakers are extremely interested in having their own charging network. Automakers like BMW, GM, and Honda have already stated their plans to create their own, and now VinFast wants in on the EV charging action. Tesla is the leader in this space.

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VinFast, a Vietnamese automaker, plans to initiate its own electric charging network subsequent to the release of its initial electric models in 2021, as per Reuters. VinFast cars will receive global priority on the charging network, which would be known as V-Green. According to Reuters:.

Pham Nhat Vuong, the billionaire, owns 90% of V-Green, which will function as a global partner and lead the development of an extensive charging network, according to a statement they released. “In order to establish and expand its charging network in key VinFast markets, V-Green will directly search for land and partners,” Vuong stated. Established by Vuong in 2017, VinFast made its Nasdaq debut in 2018. The company has stated that it plans to reach a minimum of 50 countries by 2024.

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VinFast founder Vuong plans to invest over $400 million in building the network of high-speed EV chargers. V-Green will upgrade existing charging stations and install new ones throughout Vietnam and other countries during the course of the project’s two years.

VinFast vehicle charging will be the network’s primary focus initially, but after five years, according to Reuters, it might also extend to other manufacturers.

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Third Gear: The answer to pollution has always existed.

Efficient individuals are constantly bragging about their newfound discovery of a cleaner urban air supply. There are always new initiatives to learn about, be it the planting of more trees, the conversion to zero-emission cars, or carbon capture technology. However, a recent study has shown that the answer to the pollution in our city center has actually been there the entire time.

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Global city leaders already know how to reduce carbon emissions from urban transportation, according to a recent Forbes report. As stated on the website:.

According to a study by the Clean Cities campaign, by implementing such solutions, urban transport-related carbon emissions in European cities could be reduced by 90% by the 2030s. These consist of greening the public transportation system, creating low- or zero-emission zones, and extending the infrastructure for cycling. Four distinct scenarios were modeled by the report in the cities of Greater Manchester, Brussels, Madrid, Milan, and Warsaw. By 2030, at least 55 percent to 94 percent of the scenarios result in significant reductions in greenhouse gas emissions from urban transportation.

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According to the report’s findings, many cities may be able to achieve “nearly zero” emissions from urban transportation by 2030. For this to happen, cities would need to push for the use of electric cars, provide incentives for using public transportation whenever possible, and alter urban planning practices to minimize needless travel.

Fourth Gear: Zoox Taxis on Amazon Are Permitted to Operate at Night.

In California, autonomous cars are experiencing something of a nightmare: they are obstructing traffic, running over pedestrians, and being set on fire by enraged locals. Given that Amazon was recently given the go-ahead to expand its Zoox self-driving taxi service, all of the resentment towards autonomous vehicles may now be headed to Nevada.

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This month, according to Reuters, Amazon’s Zoox taxis will be able to travel faster and farther into the city of Las Vegas. The vehicles that Zoox has created and designed for use in Vegas are equipped without any controls within the cabin. As stated by Reuters:.

Zoox claimed to be able to increase the top speed of its specially built cars from 35 mph to 45 mph (72 kph). In a statement, it stated that it also increased the range of the cars’ travel from one mile to five miles in Las Vegas. Our robotaxis are put to the busiest conditions they have ever experienced when driving in these larger areas, the company stated. The company stated that driving in light rain and at night is essential for obtaining more data from the Zoox vehicles.

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The introduction of Zoox’s service in Vegas comes after a change in California that allowed some autonomous vehicles to drive on public roads and at considerably faster speeds.

The opposite is Studebankrupt.

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“Technicolor Beat” by Oh Wonder is playing on the radio.

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