FedEx is investing at least $2 billion toward sustainable energy initiatives, including electric vehicles and carbon capture research, as part of a new pledge to become carbon neutral by 2040, the company announced Wednesday.
WASHINGTON (Reuters) - U.S. Energy Secretary Jennifer Granholm said on Wednesday she is ready to reactivate her department’s loan program office that went mostly unused in the last four years and has more than $40 billion in funds to boost the transition to clean energy.
Volvo Cars one-upped larger rivals like General Motors and added momentum to the movement toward electric vehicles on Tuesday by saying it would convert its entire lineup to battery power by 2030, no longer selling cars with internal combustion engines.
Daimler Truck AG and Volvo Group have completed the transaction of the joint fuel-cell project and have formed a new company entitled cellcentric with a combined goal to step towards climate-neutral and sustainable transportation by 2050.
U.S. Sens. Debbie Stabenow, D-Mich., and Joe Manchin, D-WVa., on Monday introduced legislation to provide billions in tax credits for factories built or retooled to make clean or advanced energy products.
TOKYO— Honda Motor Co.’s new chief executive, an engineer who has worked on electric vehicles, is poised to accelerate Honda’s move into EVs and build on its growing partnership with General Motors Co.
Ford is investing $1 billion in an electric vehicle production facility in Cologne, Germany, with the European arm of the automotive giant committing to go “all-in” on electric vehicles in the years ahead.
LONDON, Feb 17 (Reuters) - Commercial electric vehicle startup Volta Trucks said on Wednesday it has picked U.S. electric bus maker Proterra to provide batteries for its fully-electric trucks designed for urban freight distribution that will go into production in 2022.
BOSTON (WWLP)–The state’s electric vehicle program, Massachusetts Offers Rebates for Electric Vehicles (MOR-EV) will now include light, medium, and heavy-duty electric vehicles.
Since President Joe Biden jump-started the conversation around electric vehicles in the early days of his administration, American car companies have announced plans to follow suit in making electric vehicle adoption a priority in the United States.
