A motley crew of companies is banding together to help inform the public on how families can save money and fight climate change by ditching fossil fuels and electrifying their homes and cars. On Wednesday, the White House announced that seven companies are joining with electrification nonprofit Rewiring America in…
Electric vehicles, or EVs, are a trending topic. Governments worldwide, including those in the U.S., Norway and China, have created policies to speed the transition from vehicles that burn fossil...
- American City Business Journals
Honda is turning its Performance Manufacturing Center facility in Marysville over to production of a new hydrogen fuel cell electric CR-V, the first of which should be out in 2024. The last NSX was produced there last month, but the company hadn’t yet said what was next for that building and its associates. Honda (NYSE: HMC) said the PMC is “uniquely suited” to produce this vehicle since it requires special assembly procedures.
Tesla is losing chunks of its EV marketshare because it doesn’t have any cheaper offerings, Stellantis wants to make its own EV rollout a bit easier for dealerships to handle, and California seems to have helped get the first Tesla Semi delivery over the finish line. All those stories and more in The Morning Shift for Wednesday, November 30, 2022.
(Bloomberg) -- The Biden administration is seeking to boost the amount of renewable fuels that oil refiners and importers must blend into their products over the next three years, according to people familiar with the matter. Most Read from BloombergMusk’s Neuralink Hopes to Implant Computer in Human Brain in Six MonthsAn Arizona County’s Refusal to Certify Election Results Could Cost GOP a House SeatScientists Revive 48,500-Year-Old ‘Zombie Virus’ Buried in IceStock Traders Cheer Powell’s Risk-
- American City Business Journals
The company purchased 100 megawatts of solar, which will generate a nearly 80% equivalent of electricity used by the retailer. It pledged to produce completely renewable electricity equivalent to all its facilities’ electricity by 2030.
- Yahoo News
With Russia cutting gas supplies in response to European sanctions over its war in Ukraine, solar has become the fastest-growing source of renewable energy on the continent this year.
After years of delays, US automaker Tesla is expected on Thursday to deliver its first battery-powered semi truck, with which it hopes to get a jump start on the nascent electric heavy duty vehicle market by offering longer ranges without recharging.
- Road & Track
Now that the specialty factory is done building the NSX supercar, it can pivot to another low-volume experimental product.
New electric vehicle models from multiple automakers are starting to chip away at Tesla's dominance of the U.S. EV market, according to national vehicle registration data.
- The Hill
Story at a glance United Airlines operates more than 12,000 pieces of ground equipment and around one-third run on electricity. The new investment will boost production of sodium-ion batteries. Compared with lithium-ion batteries, sodium-ion batteries are safer and can be manufactured from more abundant materials. United Airlines announced a new investment in Natron Energy, a…
The proposal, unveiled by the U.S. Environmental Protection Agency, reflects President Joe Biden's broader agenda to decarbonize the economy to fight climate change, and could provide a big new revenue stream for green cars and trucks. The U.S. Renewable Fuel Standard currently requires oil refiners to blend billions of gallons of biofuels like corn-based ethanol into their fuel each year, or buy credits known as RINs from other companies that do the blending for them. Under the new proposal, the RFS would continue to require refiners to blend huge amounts of biofuels and/or purchase RINs, but it would add a twist intended to encourage more electric vehicle production too.
Electricity companies in states across the country have begun offering time-variable or demand response pricing most often through a "Time-of-Use" rate plan. These plans encourage consumers to use...
Seems like everything is more expensive these days, and one of the most worrying bills hitting your bank account is for home energy use. From gas to electricity, the cost of keeping our lives lit up, warm, and connected isn’t going to get lower any time soon, so it’s little wonder people are increasingly turning to renewable energy sources to bridge the budget gap (and, incidentally, make the world a little more sustainable).
Hydropower facilities are dependent on being located near sources of water, but there's potential for further construction.
JinkoSolar stock is trading way below its highs and its valuation levels are extremely enticing for a growth-focused company in a potentially game-changing industry. Plus, JKS stock soared above a key moving average on Wednesday.
The business secretary says wind turbines are now "so big" they cannot be built on land.
- The Daily Beast
Lisa Bahnmüller via GettyTomorrow’s ranchers may be able to monitor their animals’ health from the comfort of their home—and completely off the grid. By attaching small, pendulum-based devices to the ankles of cattle, Chinese researchers believe they’re one step closer to developing self-powered “smart ranches.”Renewable energy like solar or wind likely comes to mind sooner than kinetic energy. However, the researchers argue in a new study published Thursday in iScience that the movement of live