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Government of Canada investing nearly $15M in new EV chargers across the GTA

Green Car Congress

Since 2016, the Government of Canada has invested $1 billion to make EVs more affordable and chargers more accessible for Canadians and has approved funding to support the installation of more than 34,500 EV chargers to date. Budget 2022 delivered an additional $1.7

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Tesla Q1 ’23 Earnings Report:

EV Info

During a question-and-answer with analysts, Musk said that he expected 12 months of “stormy weather” in the economy. He also said, whenever there’s uncertainty in the economy, people will generally postpone “big new capital purchases like a new car.” It has yet to complete that mission. Tesla Energy revenue soared to $1.53

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Ride-sharer Grab to invest $700M in “Grab 4 Indonesia” 2020 master plan

Green Car Congress

Under the plan, Grab will invest US$700 million in Indonesia over the next four years to support Indonesia’s goal of becoming Southeast Asia’s largest digital economy by 2020. Grab will continue to work with its banking partners, including Nobu Bank, to extend financing opportunities to all Indonesian consumers.

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Study concludes US CAFE regulation can accelerate EV market penetration

Green Car Congress

In a new study, a team from the University of Central Florida and MIT has found that the US Corporate Average Fuel Economy (CAFE) Standards is an effective policy solution that does increase the adoption of EVs, whether it is implemented alone or in conjunction with another policy such as government incentives. in 2016 to almost 10% in 2030.

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GM and Honda to establish industry-first $85M joint fuel cell system manufacturing operation in Michigan

Green Car Congress

The companies integrated their development teams and shared hydrogen fuel cell intellectual property to create a more affordable commercial solution for fuel cell and hydrogen storage systems. Earlier post.)

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Chrysler Group files S-1 for IPO; snapshot of R&D priorities; exploring a light-duty hydraulic hybrid

Green Car Congress

As one example cited, the company has increased its use of high-strength steel and other lightweight materials to reduce vehicle weight, and thus improve fuel economy, while still meeting standards for vehicle safety. This engine provides better fuel economy and refinement than our current World Gas Engine. Earlier post.).

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Road Test: 2022 Lexus RX 450h F Sport AWD

Clean Fleet Report

The EPA rates fuel economy at 31 mpg city/28 highway/30 combined. Fuel economy reported by Clean Fleet Report represents the reviewer’s driving experience. Eco prioritizes fuel economy by optimizing throttle response and reducing the air conditioning output. Road Test: 2016 Lexus RX 450h Hybrid. Movin’ on up.

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