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Latest EPA automotive trend report shows MY 2017 fleet fuel economy of 24.9 mpg; new record

Green Car Congress

The latest edition of the US Environmental Protection Agency (EPA) annual Automotive Trends Report finds that Model Year (MY) 2017 vehicle fuel economy was 24.9 This year’s report shows all manufacturers are in compliance with the standards. GHG Performance and Standards by Manufacturer, 2017 Model Year. Source: EPA.

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BMW i Ventures launches new $300M fund for sustainability, transportation, manufacturing and supply chain investments

Green Car Congress

The new fund will invest in early to mid-stage start-ups operating in the sustainability, transportation, manufacturing, and supply chain industries. Prior to joining BMW i Ventures in 2017, Baris Guzel worked as an investor at institutional venture capital funds and as an investment banker at top-tier investment banks.

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Toyota halting production in Australia by end of 2017; will mark the end of major car manufacturing there

Green Car Congress

Toyota Motor Corporation (TMC) and Toyota Motor Corporation Australia Ltd. TMCA), its production and sales subsidiary in Australia, will end Toyota vehicle and engine production in Australia by the end of 2017. Earlier post.).

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Li-ion battery-maker Farasis Energy raises $1B+ to accelerate global automotive battery manufacturing expansion

Green Car Congress

Farasis Energy, a global developer and manufacturer of lithium-ion cells, modules and large battery systems, recently completed C-round financing exceeding 1 Billion US dollars. The compay will use the capital raised to accelerate the expansion of its global automotive battery manufacturing infrastructure.

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How Corporations Can Help the U.S. Reach its EV Goals

Clean Fleet Report

How Corporations Can Help the U.S. As of 2017 , commuting to and from work accounted for 30 percent of all miles of passenger travel driven at the local level in the U.S. Meanwhile, the electrification of city- and corporate-owned vehicles has been dominating recent headlines. reach 50 percent EVs by 2030 ? percent) and men (64.7

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EEA: almost all Euro car makers met specific 2017 CO2 targets on new sales, but emissions up year-on-year

Green Car Congress

All but three European car manufacturers met their specific emission targets in 2017, based on current European vehicle test rules. Nevertheless, average carbon dioxide (CO 2 ) emissions from new cars sold in the European Union in 2017 rose by 0.4g This increase brings car manufacturers further away from their 2021 targets.

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Daimler AG Board approves Project Future corporate restructure; goes to shareholders in 2019

Green Car Congress

The Board of Management and Supervisory Board of Daimler AG has approved a new corporate structure for Daimler AG. In the fall of 2017 the first preparatory measures were initiated to transform the current divisions Cars and Vans, as well as Trucks and Buses, into legally independent entities.