The EPA’s move responds to the increasing consumer interest and market shifts towards clean vehicles, evidenced by record sales of plug-in hybrid and fully electric cars. These standards, are poised to transition the U.S. auto sector towards a trajectory of continued expansion while making vehicles more affordable for consumers.
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Navigating the Current: US EV Startups Adapt to Market Challenges
In the face of a downturn in demand, prompted by heightened borrowing costs and elevated repair expenses for vehicles, United States-based electric vehicle startups are shifting gears towards more affordable models.
JPMorgan, State Street Quit Climate Action 100+ Investment Coalition
The departures reportedly respond to the coalition’s plea for signatories to take stronger action on companies lagging behind on climate commitments.
CDP Scores Show More Companies Consider Climate Impact, Few Meet Highest Benchmark
More than 21,000 companies reported on CDP’s climate change, deforestation, and water security questionnaires, while only about 2% of these companies achieved the A List for environmental disclosures.
Strata Clean Energy Breaks Ground on Phoenix Battery Storage Complex
The facility will store significant amounts of renewable energy from solar power plants on its grid and provide Arizona Public Service customers with reliable energy.
New Advanced Battery Energy Storage Comes Online in Hawaii
The facility will add 185 megawatts of total power capacity and 565 megawatt-hours of electricity to help the state’s electric transition from coal and oil to solar and wind.
Volvo to Develop All-Electric Vehicle Platform with New Loan
The automaker has signed a more than $460 million loan from the European Investment Bank with a goal of becoming fully electric by 2030.
Tesla And Volvo Create ‘Positive Tipping Points,’ Author Says
Tim Lenton, a professor of climate change at the University of Exeter in the United Kingdom, has identified 25 key issues in climate change.
Pilot Travel Centers, GM, EVgo Open First Locations of Fast EV Charging Network
Once completed, the network will feature up to 2,000 chargers at over 500 travel centers in both urban and rural communities across the United States.
Mercedes-Benz Launches North America EV Charging Hub
The company says the new Hub, located at its U.S. headquarters, marks the first step in launching its EV charging network across the continent.