GM to Boost EV and AV Investments to $35 Billion Through 2025
General Motors announced today it will increase its electric vehicle and autonomous vehicle (EV and AV) investments from 2020 through 2025 to $35 billion.
Transportation
The latest on energy efficient and environmentally-friendly transportation and fleets.
Battery Management Systems Market to Leap 15% per Year through 2030
As sales of electric vehicles soar, and as the price of automotive batteries declines, demand for battery management systems will jump. The battery management system market is projected to grow at a 15% CAGR between 2021 and 2030, according to a new report from ResearchAndMarkets.
Ford and Origin Partner to Improve Auto Supply Chain with PET Plastic Made from Wood
Ford Motor Company is working on a supply-chain initiative focused on finding drop-in applications for carbon-negative PET plastic produced from sustainable wood residues. PET plastic helps make cars lighter and more fuel efficient, and often comprise a large percentage of a vehicle’s mass.
EV Adoption Will Soar, but Not Enough to Reach Net-Zero by 2050 without More Policy: BNEF
Governments aiming for net-zero emissions by 2050 must do more to spur the adoption of electric vehicles, according to a new report from BloombergNEF (BNEF). Electric vehicles represent a $7 trillion global market opportunity between today and 2030, and $46 trillion between now and 2050, but that won’t be enough to reach the goal unless certain measures are taken.
Los Angeles will Use Data to Promote Sustainable Transportation: Here’s How
Los Angeles City Planning and the Los Angeles Department of Transportation (LADOT) unveiled proposed changes to the City's existing Transportation Demand Management (TDM) Program.
Heavy Duty Commercial Vehicle Market to Surpass $370B by 2030, Guidehouse Insights Says
The next 10 years are likely to be dramatic in terms of electric heavy commercial vehicles; in China, the trend is already well underway, particularly with electric trucks, but the rest of the world is expected to follow in coming years. Though momentum is strong, the challenges are not insignificant — mostly relating to range and charging speed.
4-Day Work Week Could Cut Emissions 20%
As businesses grapple with return-to-work strategies – office, fully remote, hybrid? – a new UK study finds that a 32-hour work week could help fight climate change by reducing emissions more than 20%. Using data from numerous government and academic sources, the report illustrates that shifting to a four-day working ... Read more »
How Boeing and Alaska Airlines are Tackling Sustainability in Aviation
Boeing and Alaska Airlines announced today they are partnering on the latest Boeing ecoDemonstrator program and will flight test about 20 technologies on a new 737-9 to enhance the sustainability of air travel.
BYD Introduces Revolutionary New E-Bus
BYD, a top electric bus (e-bus) maker, has introduced its latest innovation – a battery-electric Type D school bus with top-priority safety features, superior performance capabilities, and a sleek design. The Type D can seat up to 84 passengers, and can be equipped with an ADA liftgate. The bus has ... Read more »
Energy Transition Investment Hits Record $501.3B in 2020
Signaling that a low-carbon energy future continues to build momentum, global investment in energy decarbonization hit a record $501.3 billion in 2020, according to BloombergNEF. The analysis includes renewables, storage, electric vehicles and heating, hydrogen, and carbon capture and storage. The 2020 high of $501.3 billion was up from $458.6 ... Read more »
EV Sales Skyrocket in April 2021 as Charging Stations Proliferate Coast-to-Coast
Analysis recently conducted by Zpyrme on federal data sets shows an astonishing 348% increase of electric vehicle (EV) sales in April 2021 (45,105 units sold), compared with April 2020 EV sales (10,073 units).
Green Steel: The Next Big Thing In Sustainable Manufacturing
Mercedes-Benz has announced a new commitment to launch green steel in vehicle models by 2025, marking a significant step in the company’s efforts to decarbonize its supply chain. While many automakers have announced electric vehicle goals to address climate change, the industry still faces emissions issues from its supply chain. ... Read more »