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Chances of EU trucking industry hitting zero emissions targets are dire, says industry body

Only 10,000 out of economic bloc’s 6m trucks are electric and are more likely to be operating on short routes

The chances of the European trucking industry hitting zero emissions targets are “dire”, an industry body has warned, as it emerged that only a tiny amount of lorries delivering goods in the EU are electric.

Speaking as the European Commission prepares to water down electric car targets, the boss of the association for commercial vehicles called on the commission to commit to an urgent review of the sector, tackling problems including a lack of public charging points, a lack of tax breaks for trucks and high energy costs.

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© Photograph: Robert Michael/AP

© Photograph: Robert Michael/AP

© Photograph: Robert Michael/AP

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AA on road to potential £5bn sale or flotation, while RAC aims for London listing

AA sounds out buyers, and owners of fellow roadside assistance provider prefer IPO of similar value

The private equity owners of the AA, Britain’s biggest roadside recovery business, are looking for a potential £5bn sale or stock market flotation, while the owners of the rival RAC are targeting a London listing with a similar valuation.

The AA, which provides roadside assistance as well as insurance and driving lessons, is owned by a consortium including TowerBrook Capital Partners, Warburg Pincus and Stonepeak, and has been sounding out buyers, in news first reported by the Financial Times.

The AA’s owners are understood to value it at £5bn or more. They are also considering floating it on the London stock market – a decade on from its flotation by previous private equity owners. The plans are still in the early stages.

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© Photograph: Jack Sullivan/Alamy

© Photograph: Jack Sullivan/Alamy

© Photograph: Jack Sullivan/Alamy

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Zipcar’s rivals consider London expansion after it reveals UK exit

Free2Move, Enterprise Car Club and Co Wheels among those eyeing growth, as well as peer-to-peer firm Hiyacar

Several car-sharing companies are considering launching or expanding in London, with the imminent closure of Zipcar’s UK operation leaving a large gap in the market in one of Europe’s biggest cities.

Free2Move, owned by the carmaker Stellantis, said it was “closely monitoring the London market”, and “actively assessing” options for its services. It already operates fleets in cities including Berlin, Paris, Rome and Washington DC.

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© Photograph: Andrew McCarthy/Alamy

© Photograph: Andrew McCarthy/Alamy

© Photograph: Andrew McCarthy/Alamy

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Tory transport culture wars risked making roads less safe, says minister

Lilian Greenwood condemns Conservative ‘mixed messages’ and promises a system that works for everybody

Conservative policies that pitted drivers against cyclists risked making the roads less safe by inflaming tensions, a minister has said, promising that the era of transport culture wars is over.

Lilian Greenwood, whose Department for Transport (DfT) role includes road safety and active travel, said seeking to divide road users into categories was pointless given most people used different transport methods at different times.

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© Photograph: format4/Alamy

© Photograph: format4/Alamy

© Photograph: format4/Alamy

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