EDITOR'S PICK

Porsche Starts Preparing To Build 718 Boxster And Macan EVs

16 Nov 2023 | Synopsis

€250 million"...renovation of its Zuffenhausen factory in Germany to accommodate production of the upcoming 718 electric sports car and powertrains for the Macan EV.

"Porsche has encountered significant delays in expanding its electrified portfolio, with the Macan EV pushed back multiple times - allegedly due to software issues in the larger VAG electric portfolio...Porsche has yet to commit to phaseout dates for any of its ICE vehicles."

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Roosevelt Institute 2015 Report Catalyst For A Surprisingly Progressive Shift in Economics

16 Nov 2023 | Synopsis

"...the Roosevelt Institute released a report in 2015 that called for a new approach to economic policy. It was unabashedly progressive

"The report called for higher taxes on the rich, a higher minimum wage, more regulation of Wall Street, more support for labor unions, more aggressive antitrust enforcement and more government investment in economic growth.

"the old economic approach hasn’t worked very well for most Americans..."

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Biden's Fifth National Climate Assessment Found These 5 Key Ways Climate Change Is Affecting the Entire U.S.

16 Nov 2023 | Synopsis

Fifth Climate Assessment...released by the Biden administration drives home a warning that scientists have been issuing for years...nowhere in the U.S. is safe from the effects of climate change...While record cold events have declined...the frequency, intensity and duration of extreme heat have increased"

"Despite an increase in adaptation actions across the country, current adaptation efforts and investments are insufficient to reduce today's climate-related risks and keep pace with future changes in the climate."

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Even The Vatican Is Going All-Electric After VW Scores Deal To Replace Entire Fleet With EVs

16 Nov 2023 | Synopsis

"Vatican City State...will replace its entire fleet of vehicles with EVs by 2030. Volkswagen will deliver fully electric cars, including the ID.3 and ID.4...to support its transition to EVs...The automaker will deliver just under 40 fully electric vehicles, including the ID.3, ID.4 electric SUV, and ID.5. Further electric models will be delivered at later stages until the entire fleet has transitioned to fully electric..."

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All the Metals We Mined In 2022 In One Visualization

16 Nov 2023 | Synopsis

"...infographic visualizes all 2.8 billion tonnes of metals mined in 2022 and highlights each metal’s largest end-use using data from the United States Geological Survey...Iron ore dominates the metals mining landscape, comprising 93% of the total mined. In 2022, 2.6 billion tonnes of iron ore were mined, containing about 1.6 billion tonnes of iron.

"Despite representing less than 1% of all the metals mined, technology metals have been on the news over the last few years..."

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Electric Vehicle Startup Canoo Makes First Vehicles At Its Oklahoma Assembly Plant

15 Nov 2023 | Synopsis

"The company said the vehicles are the first to be built in Oklahoma since 2006...Canoo officials also said they’re hiring for both their Oklahoma City and Pryor facilities and expect to create more than 1,300 jobs...nearly a year after Canoo disclosed that it had acquired a 630,000-square-foot facility in Oklahoma City... wooed Canoo to Pryor's MidAmerica Industrial Park with a package of incentives said to be valued at more than $300 million..."

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BMW Halts Its ICE Production, In Germany At Least

15 Nov 2023 | Synopsis

"...its main Bavarian plant will be converted for the production of EVs only, while the company relocates its ICE production to the UK and Austria...it's a big step for the old guard - its Bayerische Motorenwerke in Munich has been cranking out polluting vehicles for 60 years, with the final engine being put together this month...1,200 employees who worked in ICE construction in Munich will now be retrained and moved to other areas, either

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Mercedes Goes 'Electric Only' For Its Employee Company Cars In Germany

15 Nov 2023 | Synopsis

"Mercedes is transitioning its company cars in Germany to electric...This would mean 5,000 vehicles, mostly available as diesel, gas, and PHEVs, will transition to EVs.

"Nearly one in three company cars are purely electric currently, while around 40% are plug-in hybrids...The move comes as more employees are choosing all-electric options anyway. Nearly one in three company cars are purely electric currently, while around 40% are plug-in hybrids

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Volkswagen Plans To Build Electric Vehicles In Mexico With An Initial $750M Investment

15 Nov 2023 | Synopsis

"The VW plant in Puebla is the largest auto factory in Mexico and one of the biggest within its network. The plant currently produces models including the Jetta, Beetle, Golf, and Tiguan Long Version.

"The new 'made in Mexico' EV would not qualify for the IRA tax credit, but it would still cut down on shipping to North America significantly. Volkswagen currently assembles the ID.4 electric SUV at its Chattanooga, TN facility."

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U.S. and China Agree to Displace Fossil Fuels by Ramping Up Renewables

15 Nov 2023 | Synopsis

"...both countries agreed to 'pursue efforts to triple renewable energy capacity globally by 2030. That growth should reach levels high enough 'so as to accelerate the substitution for coal, oil and gas generation,' the agreement says

"...analysis by CarbonBrie...found that China's emissions are likely to fall next year...The United States and China recognize that the climate crisis has increasingly affected countries around the world."

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