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Ford investing £150M in Halewood plant to scale up EV portfolio

Green Car Congress

Building on its commitment to grow an all-electric vehicle range, Ford has invested a further £125 million in its Halewood Plant, on Merseyside in the UK—increasing capacity by 70%—plus £24 million in the supporting E:PRiME product development center.

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The positive power of sovereign wealth funds for ESG investment

Innovation News Network

The post The positive power of sovereign wealth funds for ESG investment appeared first on Innovation News Network. Dr Ana Nacvalovaite, researcher at the University of Oxford, details how sovereign wealth funds can power a sustainable planet.

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Tesla investment in autonomous driving program to exceed $10 billion this year: Musk

Teslarati

It takes some serious investment to pursue self-driving. This was highlighted by Elon Musk in a recent post on social media platform X, when he stated that Tesla’s cumulative investment in its self-driving program would be well over $10 billion this year. Don’t hesitate to contact us with news tips.

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US invests $60m in enhanced geothermal systems

Innovation News Network

The post US invests $60m in enhanced geothermal systems appeared first on Innovation News Network. The DOE has selected three projects to receive $60m funding to demonstrate the efficacy and scalability of enhanced geothermal systems.

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Honda joins EV race with historic $11B investment to build 240K EVs a year

Electrek

Honda is finally joining the EV race after announcing a massive $11 billion (CAD$15 billion) investment to build four new EV plants in Canada. The historic investment will be used to build Canada’s first EV supply chain, enabling 240,000 Honda EVs to be made for the US and Canada annually.

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DOE invests $44m to enhance US electrical grid with clean energy technologies

Innovation News Network

The post DOE invests $44m to enhance US electrical grid with clean energy technologies appeared first on Innovation News Network. Department of Energy has unveiled a strategic initiative aimed at bolstering the nation's electrical grid with clean energy.

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Honda Announced a Blockbuster Investment in Canadian EV Production Facilities

The Truth About Cars

It recently announced a significant investment in four new EV facilities in Canada that will deliver almost a quarter-million new EVs each year. The investment will create Canada’s first end-to-end EV supply chain and bring a significant manufacturing presence to Ontario. and Canadian markets. and Canadian markets.

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