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VinFast to build EV and battery factory in North Carolina

Green Car Congress

Vietnam-based VinFast and the government of North Carolina signed a memorandum of understanding (MOU) for the establishment of VinFast’s first North American manufacturing plant. Automotive assembly plants are incredible engines for economic growth, due to the positive ripple effects they create across a region’s economy.

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BloombergNEF: clean energy investment in developing nations slumps as financing in China slows; coal burn surges to record high

Green Car Congress

The findings suggest that developing nations are moving toward cleaner power but not nearly fast enough to limit global CO 2 emissions. thousand in 2017. Investment in new wind, solar, and other non-large hydro renewables projects in the country fell to $86 billion in 2018 from $122 billion in 2017.

Coal 243
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UN Environment report says national GHG pledges only bring one-third of reductions needed for Paris Agreement

Green Car Congress

The Paris Agreement looks to limit global warming to under 2 ˚C, with a more ambitious goal of 1.5 ˚C If the emissions gap is not closed by 2030, the report says, it is extremely unlikely that the goal of holding global warming to well below 2 ˚C can still be reached. C also on the table. C will already be well depleted by 2030.

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Ford issues 2015 trends report; the emergent role of Generation Z

Green Car Congress

Generation Z, which follows the Millennials, is the first truly global generation, born into an on-demand, technology-driven culture. —Sheryl Connelly, Ford global consumer trend and futuring manager. US adults under age 35 are 63% more likely to agree than adults ages 35+ that “The share economy allows me to take more risks.”.

2015 246
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BNEF: global investment in energy transition hit $500B in 2020; $139B on EVs and infrastructure

Green Car Congress

Global investment in carbon capture and storage (CCS) tripled to $3 billion, and that in hydrogen was $1.5 A geographical split of BNEF’s energy transition investment data shows that Europe accounted for the biggest slice of global investment, at $166.2 Global investment in renewable energy capacity moved up 2% to $303.5

2020 259
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Nearly one in five cars sold worldwide in 2023 was electric: IEA | Autocar Professional

Baua Electric

Battery electric cars accounted for 70% of the electric car stock in 2023, states the IEA annual report of the EV global parc. While sales of electric cars are increasing globally, they remain significantly concentrated in just a few major markets. Electric car sales in 2023 were 3.5