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Volkswagen announces production start date for its most affordable $20K ID.1 EV

Electrek

For the first time, Volkswagen announced it aims to start producing its most affordable ID.1 1 will offer “affordable electric mobility for everyone,” VW brand leader Thomas Shafer said Thursday. 1 electric car, starting at 20,000 euros ($21,700), in 2027. The $20K Volkswagen ID.1

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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. cell-free) systems to maximize production metrics, such as titer, rate, and/or yield, of a product of interest.

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ASX and Spirit AeroSystems partner to develop affordable eVTOL aircraft for mass production

Green Car Congress

Airspace Experience Technologies ( ASX ), an aviation technology start-up, and Spirit AeroSystems, a global aircraft design and manufacturing company, have signed a memorandum of understanding and a definitive agreement to cooperate on creation of affordable, certified all-electric, vertical take-off and landing (eVTOL) aircraft.

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GM CEO is ‘disappointed’ in EV production, says affordable models will drive adoption

Electrek

General Motors ( GM ) CEO Mary Barra said she is disappointed in EV production this year due to constraints. Meanwhile, GM’s leader believes new, affordable EVs like the Equinox and Bolt will help drive adoption.

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Ford Plans Affordable EV Models and Promises Profitability

The Truth About Cars

CEO Jim Farley recently confirmed that the company would purse sub-$30,000 electric models with its next-generation product line, and said that its existing models would become better in the meantime. CEO optimism is nothing new, as it’s often the only thing propping up companies’ stock prices.

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Maybe Tesla Didn't Cancel the Affordable EV After All, Or Did It?

The Truth About Cars

The will they, won’t they themes continue in 2024, as the automaker recently reversed its reported decision to nix affordable EV plans, though the flip appears related to less-than-stellar first-quarter performance. The previously reported cancellation of Tesla’s affordable EV also went out the door, at least on paper.

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Affordable and efficient hydrogen production on site and on demand

Innovation News Network

The post Affordable and efficient hydrogen production on site and on demand appeared first on Innovation News Network. The technical team at Element 1 has achieved the most compact and highest-efficiency hydrogen generator available today.