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Category Archives: environment
Hyundai, Shell to Expand Cooperation on Clean Energy
Hyundai Motor Company in Goyang, Korea has signed a five-year global business cooperation agreement with Royal Dutch Shell to increase clean energy projects. The deal, which runs through 2026, marks the fourth extension of the partnership that began in 2006, … Continue reading
California Law – 100% Clean Electricity by 2045. Here’s the Plan
The 178-page report claims that the goals of SB 100 can be achieved in different ways but reaching them will require significant investments in new and existing technologies and an increased, sustained build-out of clean energy projects to bring new resources on-line. The report modeled various scenarios to examine sample paths to carbon-free energy. It will be followed with additional analyses of energy reliability and evolving conditions. California’s electricity mix is already more than 60% carbon free. About 36% of that comes from renewable sources, predominantly wind and solar. Continue reading
SEC Starts Task Force on Climate Change Investment Risks
What this means, in short, is that things are getting tougher for companies that are part of the global warming crisis or want to profit from investors who wish to support firms that are run on an environmentally friendly basis. but wish to avoid the consequences. Environmental, social, and governance (ESG) criteria are an “increasingly popular way for investors to evaluate companies in which they might want to invest,” said the SEC. In the financial markets, mutual funds, brokerage firms, and robo-advisors now offer products that employ ESG criteria. ESG criteria can also help investors avoid companies that might pose a greater financial risk due to their environmental or other practices. Continue reading
Posted in auto news, economy, environment, fuel economy or emissions, global warming, milestones, mobility company, news analysis, public health
Tagged auto industry commentary, autoinformed, autoinformed.com, climate change financial risks, ESG, investors and global warming, Ken Zino, sec
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Daimler Truck, Volvo Group Create “cellcentric” Fuel-Cell JV
The joint venture will develop, produce and commercialize fuel-cell systems for use in heavy-duty trucks as the primary focus, as well as other applications. A key goal of Daimler Truck AG and the Volvo Group is to start with customer tests of trucks with fuel-cells in about three years and to commence series production during the second half of this decade. Continue reading
Groupe Renault and Faurecia to Work on Hydrogen Storage
Hydrogen, of course, is central to an ongoing energy transition toward zero-emissions mobility. Fuel cell electric vehicle technology will be significant in the powertrain and vehicle mix by 2030 promoted or demanded by government regulations, taxpayer subsidies and the growing realization that Global Warming is a significant health and economic threat. Continue reading
Ford – EVs Present Environmental, Human Rights Issues
Ford said this is another step Towards its desire to responsibly source all raw materials used within vehicles globally. Continue reading
Pandemic Negative Impact on Global Auto Industry Is Permanent. Debate is over How Bad and Who Gets Hurt
LMC says globally the Pandemic recovery is a K-shaped curve. There are winners and losers. Continue reading
Subsidized Mercedes-Benz Compact EQA EV Available to Order
As confusing as this all sounds, Mercedes actually has reduced the complexity of its EQA models. Instead of having to decide between more than 100 individual options, customers have a choice of three pre-configured packages. Continue reading
Volkswagen Group Starts Small Scale EV Battery Recycling
Salzgitter only recycles batteries that can no longer be used for other purposes. Before the battery is recycled, an analysis determines whether the battery is still powerful enough to be given a second life in mobile energy storage systems such as the flexible rapid charging station or the mobile charging robot. Larger volumes of battery returns are not expected until the late 2020s at the earliest. Continue reading
Environmental About Face – General Motors Ditching Internal Combustion Engines by 2035. Carbon Neutral by 2040?
More than half of GM’s capital spending and product development team will be devoted to electric and electric-autonomous vehicle programs. And in the coming years, GM plans to offer an EV for every customer, from crossovers and SUVs to trucks and sedans. This neatly coincides with President Biden’s executive orders dealing with climate change and converting federal fleets to EVs. The success of the initiative will depend on the voters, err buyers, who will ultimately decide. Continue reading
Ford to Manufacture Mustang Mach-E in China
Ford will also localize production of the Mustang Mach-E’s GT performance edition in China, a first by a global automaker to locally manufacture high-performance editions. The GT high performance edition will adopt a front and rear dual-motor layout, joining the 3-second club with its impressive 0-100km/h acceleration capabilities. Continue reading
Penske Automotive Group Increases Dividend
With this increase, the annualized dividend is $1.72 per share and represents a yield of 2.7%, the highest in our peer group. Our business and cash flow remain strong despite the Covid-19 pandemic, as the actions we took to mitigate its impact continue to provide operational benefits,” said President Robert K. Kurnick. Continue reading
CARB Settles AltAir Paramount Abuses of Low Carbon Fuel
The LCFS requires quarterly and annual reports to be submitted completely and accurately. CARB alleged that AltAir for the 2017 Reporting Period, and sold, supplied, offered for sale, and transported fuel into the State of California, but failed to report and submitted a report containing inaccuracies, misreported, or entered false quarterly and annual report information, which led to a failure to eliminate annual deficits. These are violations of the LCFS regulation. Continue reading
Isuzu, Hino, Toyota to Quicken Carbon Neutrality with Commercial Vehicle JV
Through this collaboration, they will try to hasten societal implementation and distribution of CASE technologies and services, and to help address various difficulties facing the transportation industry as well as help achieve a carbon-neutral society. Continue reading →