stations

The UK Government Increases Investment in EV Chargers

4 months ago

The UK government has announced a significant boost in funding for the installation of electric vehicle (EV) chargers, emphasizing its commitment to achieving net-zero carbon emissions and transitioning to transportation electrification. Under the new plan, the government will allocate £20 million to support the installation of charging devices in public spaces, such as parking lots and bus stops.

Increase in Electric Vehicles on Europe's Roads

4 months ago

According to recent research, there has been a significant rise in the number of electric vehicles in Europe. Reports indicate that the total number of electric vehicles on European roads has increased by 66% compared to the previous year. Notably, countries like Norway, Germany, and France have experienced remarkable growth. In Norway, for instance, more than half of all new cars sold are electric vehicles. This reflects a deliberate policy by governments to transition towards more sustainable modes of transport and reduce carbon emissions in the atmosphere.

ChargePoint Cuts Workforce by 15% After Missing Financial Estimates

9 months ago

ChargePoint, a leading operator of electric vehicle charging stations, has announced a 15% reduction in its workforce following disappointing financial results. The company released its second-quarter results, which fell significantly short of analysts’ expectations, prompting management to make cuts and streamline the business.

Paramount Explores Sale of 12 Local TV Stations

9 months ago

Paramount Global, the Hollywood giant, has decided to explore the sale of 12 of its local TV stations. This move is part of a broader strategy aimed at streamlining its business and optimizing its assets in response to the changing media consumption landscape and increasing competition within the digital space. It is expected that the sale process may involve both successful and less profitable stations as the company looks to focus on its core business areas.