In what ways does the push for environmental sustainability affect logistics forwarding companies?
Transport
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Economic update | Which emerging markets are looking to bolster electric vehicle production?
10 Mar 2022
As demand for environmentally sustainable transport grows, a number of emerging markets are ramping up their efforts to incentivise the sale and production of electric vehicles (EVs).
In the wake of a period of severe disruption to global trade, Gulf shipping and logistics companies are adapting to government efforts to boost self-sufficiency in the region, while also investing in corporate digital solutions to improve communication with stakeholders, and predict and mitigate challenges along the supply chain.
As environmental concerns become increasingly pressing for governments and businesses alike, the shipping industry is taking steps to reduce its carbon footprint.
Dealerships are looking to pre-owned vehicles to shore up automotive industry turnover during the Covid-19 pandemic, with used personal cars outperforming new unit sales in a variety of emerging and developed markets.