PriceWaterhouseCoopers

Construction work on Line 2 of the Lima metro will get underway this month on Lima's eastern outskirts, according to government officials. Construction works include a tunnel and five stations along the central highway from the district of Ate to Santa Anita, said José Zárate, head of the electric train authority (AATE). The US$5.8 billion metro line is scheduled for completion by 2020, transport and communications minister José Gallardo said. The industrial district of Ate will be linked to Lima's city

Kenya plans to start tendering in May for toll-road contracts estimated by the government to be worth $2 billion to improve the efficiency of the East African nation’s biggest commercial routes, according to Bloomberg. The contracts will be in addition to the 45 deals worth about US$3.2 billion that the government will start awarding as early as next week, to double the nation’s paved-road network through an annuity program. The government is planning to introduce five toll projects covering about 800 kilom

New projections from US advocacy group the Electric Coalition indicate that the cost of owning an electric car is on its way to becoming competitive with petrol-powered cars. The coalition teamed with professional services firm PricewaterhouseCoopers (PWC) to calculate expected costs of several types of compact cars, pitting battery-electric against internal combustion engines, plug-in hybrids and hybrid vehicles. Including cost of purchase, fuel, maintenance, federal tax credits and residuals, the data sho

Collaboration between industry participants will be essential to bring alternative fuel applications to market, according to PwC's latest publication Charging Forward: Electric Vehicle Survey. While automakers continue to bring electric vehicles (EVs) to the marketplace, governments, local municipalities and utility companies are challenged with building the infrastructure required to support these vehicles long before mainstream consumption will take hold. PwC surveyed over 200 executives across multipl