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DOE announces $14M to optimize production of affordable biofuels and biochemicals

Green Car Congress

The Department of Energy announced $14 million in funding ( DE-FOA-0002946 ) to support and to optimize the production of affordable biofuels and biochemicals while significantly reducing carbon emissions. R&D on microbial conversion of renewable resources into chemical products, with an emphasis on processes with commercialization potential.

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NFI Industries orders 60 Volvo VNR Electric trucks

Green Car Congress

NFI Industries—a leading third-party supply chain solutions provider—is increasing its investment in electromobility solutions with its latest order of 60 Volvo VNR Electric trucks. Twenty of the trucks will be deployed as part of the Joint Electric Truck Scaling Initiative, or JETSI project. emission heavy?duty

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CSIRO and partners launch $68M Hydrogen Industry Mission

Green Car Congress

CSIRO, Australia’s national science agency, launched a new $68-million Hydrogen Industry Mission. The research mission is intended to help drive down the cost of hydrogen production to below $2 per kilogram, making the fuel more affordable and helping to position Australia to lead the world in exporting hydrogen by 2030.

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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.

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CATL and BYD target 50% battery price cut this year to make EVs affordable – ET Auto

Baua Electric

New Delhi: CATL and BYD are set to halve battery prices in 2024, with CATL focusing on optimizing production resources to achieve cost reductions, a website focused on coverage of the new energy vehicle industry in China has reported. per Wh, equivalent to USD 56.47 per Wh, equivalent to USD 56.47

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ACEA study finds cost still strong deterrent for EV uptake across Europe; calls for “realistic” targets recognizing affordability

Green Car Congress

A new study by the European Automobile Manufacturers’ Association (ACEA) finds that the affordability of electric cars remains a strong deterrent for customers across the EU, along with lack of infrastructure and lack of investment in infrastructure. The auto industry is eager to move as fast as it can towards zero-emission vehicles.

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New California program to make clean cars affordable for lower-income residents

Green Car Congress

The California Air Resources Board announced a new statewide grant and loan program to help lower-income consumers across California get into the cleanest new and used cars on the market. The Cap-and-Trade program also creates a financial incentive for industries to invest in clean technologies and develop innovative ways to reduce pollution.

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