The week started out with Tesla’s Chief Executive Elon Musk saying that the company would not try to raise any more cash this year to grow its operations. The market reacted on the positive side, with a possible inference being that it could not keep up with the demand for electric cars that are on its production line.
Major automotive suppliers say national fuel economy and emissions standards are important for long-term business plans and investments — and don’t want to see the feds weaken the vehicle rules, according to an industry survey commissioned by clean transit technology nonprofit Calstart. The survey comes as federal agencies undertake a … Read more »
German automotive supplier Bosch says it is the first and only supplier to offer water injection, which improves fuel efficiency and decreases greenhouse gas emissions. Especially at high engine speeds, cars use some of gasoline for cooling instead of for propulsion. Bosch says its water injection is a new way … Read more »
Exxon Mobil Corp.’s investment in algae biofuels may turn out to be good for business, and public relations. The oil giant, under pressure from states attorneys general and shareholders about what it had previously known about climate change, is letting the general public know about its forays into clean energy.
Yesterday federal agencies launched a mid-term review of the Obama administration’s emissions and fuel efficiency standards for passenger cars and light trucks — standards that aim to double these vehicles’ fuel economy to 54.5 miles per gallon and cut GHG emissions in half by 2025. The Obama administration says this … Read more »
Ford Motor Company says it has teamed up with Jose Cuervo to explore the use of the tequila producer’s agave plant byproduct to develop more sustainable bioplastics to use in Ford vehicles. If the companies are successful in developing a composite, it could help reduce vehicle weight and lower energy … Read more »