GM makes largest-ever investment, spending $7 billion on EV manufacturing capacity
GM is spending $7 billion to erect a new battery plant and overhaul an existing assembly plant to produce electric trucks. The move will create more than 4,000 jobs.
GM is spending $7 billion to erect a new battery plant and overhaul an existing assembly plant to produce electric trucks. The move will create more than 4,000 jobs.
If successful, the plan will add up to 10 gigawatts of new onshore wind capacity every year for the rest of the decade.
The factory will cost over $1 billion and aims to create 4,000 jobs over the next 15 years after production on the factory line begins in 2024. Construction will start in the latter half of 2022.
The legislation, which Mayor Bill de Blasio is expected to sign, requires electricity-powered heat and hot water in most new buildings under seven stories by 2024 and all other buildings in 2027.
So far this year, renewable sources have contributed almost 47% of the country’s total consumption needs compared to less than 30% a decade ago.
After the successful completion of a pilot program in Kenya, Opibus and Uber have announced a strategic partnership to scale the use of electric motorcycles in Africa.
The government expects the move to lead to 145,000 new charging points each year.
Made up of fats, cooking oils, and grease produced by the company World Energy, this “Sustainable Aviation Fuel” is said to emit 80% less carbon dioxide than traditional fuels.
Turkey has prioritized the security of its energy supply as one of the central pillars of its energy strategy, leading to efforts to boost investments in the clean energy sector.
At COP 21, as part of its Nationally Determined Contributions, India committed to achieving 40 per cent of its installed electricity capacity from non-fossil energy sources by 2030.