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GM and Honda expanding partnership to codevelop series of affordable EVs in most popular vehicle segments; on sale in 2027

Green Car Congress

General Motors and Honda plan to expand the two companies’ relationship by codeveloping a series of affordable electric vehicles based on a new global architecture using next-generation Ultium battery technology. In 2018, Honda joined GM’s EV battery module development efforts.

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DISCOVR project seeking high productivity algae to reduce cost of biofuels

Green Car Congress

Researchers at Pacific Northwest National Laboratory, with colleagues from Los Alamos, Sandia and NREL, are working to lower the cost of producing biofuels from algae. Determining strains of algae that are highly productive could help lower the cost of biofuel production. DISCOVR Project BETO peer review (March 2017).

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New Ricardo 48V electric motor aims to boost power and cut costs of hybrids; up to 50% increase in power density; ECOCHAMPS

Green Car Congress

Ricardo designed the new 48V e-motor and accompanying inverter to incorporate the latest thinking in high-performance, low-cost electrification, which aims to extend the performance of 48V hybrids to offer a more attractive and affordable solution in comparison with today’s higher-voltage hybrid cars.

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Hyundai Motor accelerates hydrogen technology development through 3 strategic investments

Green Car Congress

Our investment in these innovative companies will reduce the production cost of FCEVs and enhance the safety and affordability of hydrogen infrastructure. H2Pro is an Israeli startup that developed the E-TAC (electrochemical, thermally active chemical) water splitting technology, which is efficient, affordable, and safe.

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Lyft commits to 100% EVs by 2030

Green Car Congress

Although the upfront cost of EVs today is higher than gas-powered cars, EVs have lower fuel and maintenance costs that mean lower costs for drivers over the life of the vehicle. Lyft said that drivers renting cars through Express Drive currently save an average of $50-70 per week on fuel costs alone.

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IRENA report says tripling renewables investment required to reach 2050 climate goal

Green Car Congress

Global renewable energy investment increased between 2013 and 2018, reaching its peak at US$351 billion in 2017, according to a new report by the International Renewable Energy Agency (IRENA) and Climate Policy Initiative (CPI). Renewable energy investment slightly declined in 2018, with modest growth through 2019.

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Tesla Model 3 Performance export fleet spotted in Shanghai Southport Terminal

Teslarati

At its current price, the new Model 3 Performance is closer to more affordable performance cars like the Honda Civic Type R. In comparison, the original Model 3 Performance was launched with a price of $78,000 in 2018, which was more comparable to the cost of premium performance sedans like the BMW M3 and Mercedes-AMG C63.

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