22 May 2023 | Synopsis
Company "road map separated...activities into three units: Ford Model e, focused on developing electric vehicles and related software; Ford Blue, which brought together the activities of gasoline (internal combustion) engine vehicles; and Ford Pro, dedicated to fleet customers...company said that it would spend $50 billion on electric vehicles between 2022 and 2026..."Four lithium mining companies to supply Ford with key battery minerals.
22 May 2023 | Synopsis
"In coming decades, it will be essential that communities across the nation and world find a way to sustain a decent life amid ecological breakdown.""Weaning the world's rich economies off fossil fuels will require adaptation to a much smaller energy supply. Attempting to replicate the high-energy economies of the fossil-fuel era using non-fossil energy sources would require extensive plunder of the Earth's resources..."
22 May 2023 | Synopsis
"...the City of London Corporation transportation committee [reported] bikes were more common than cars in London during peak hours in 2022...According to Forbes, the use of passenger cars in London has been dropping for decades...At the same time, bicycles have been on the rise, and in 2022, bike users actually overtook car users...Bikes are also at 102% of their pre-pandemic levels"22 May 2023 | Synopsis
"Credit risks of project-financed green hydrogen assets are currently similar to those of thermal power for standalone assets, or potentially greater, according to a [rating agency] Fitch update."Key operating metrics will determine the success of the project and therefore whether generated cash flows are sufficient to service the debt. These will include how efficiently, and at which rate, hydrogen is produced, the plant's availability, the ability to respond to intermittent power, and the hydrogen purity levels, where this is critical.?
22 May 2023 | Synopsis
"...just one slice of the energy transition reshaping the Gulf of Mexico region, which is increasingly dotted with offshore wind projects...new companies and jobs are sprouting up to support the nascent $100 billion industry...45 miles up the coast from Edison Chouest, research and design firm Gulf Wind Technology is building a massive wind tunnel as part of its push to make "hurricane-proof" wind turbines."A single offshore wind farm built in the Gulf could create about 4,500 jobs and provide a $445 million boost to the economy."
21 May 2023 | Synopsis
"40 years after realizing his passion for cars, [Downey] made a large enough fortune to amass an extensive collection of vehicles...But here's the catch...RDJ looked at his collection and decided to modify it to have less of an impact on the environment...that's why he's going to electrify his first-generation Corvette...He's also going to convert one of the cars to run on biodiesel...his Buick Riviera GS will be transformed into a hybrid."21 May 2023 | Synopsis
"It turns out that GM's battery software errs far on the side of caution for Bolts and Bolt EUVs after the fire recall...A GM engineer came out to the dealership and gave the pack a second look, recommending a pack replacement."As for the driver, GM is taking very good care of them as well...Without needing to add any new hardware, [GM] found a way for the battery management system and the vehicle's computer to work together."
21 May 2023 | Synopsis
"TREASoURcE’s mission [is] to create systemic circular economy solutions for currently underutilised or unused plastic waste, end-of-life electric vehicle batteries, and bio-based waste and side streams...The aim of the [two Norwegian] demonstrations is to gain more insight into the second life and functionality of batteries and the ways in which stationary batteries can balance electricity demand."21 May 2023 | Synopsis
"...of the nearly 2.3 million EVs registered in the U.S. between 2013 and 2022, about 6.6% have left the fleet, while about 5.2% of other vehicle types have left the fleet over the same time frame...The study doesn't suggest why EVs are leaving the fleet at a faster rate, but it likely isn't due to battery degradation or durability...Insurance could well be the issue, or part of it, as insurers are far too eager to completely write off EVs...21 May 2023 | Synopsis
Since Tesla has not explicitly explained why it canceled all RHD orders of its Model S and Model X, the move could be related to excessive inventories on the automaker's part...Tesla sold about 100,000 Model S and Model X units in 2017, but the numbers slowly dwindled when the more affordable Model 3 and Model Y entered the fray...Tesla hasn't slowed down production, leading to a surplus of inventory for the Model S and Model X left-hand drive variants."
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