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Geely invests in Carbon Recycling Intl.; vehicles fueled by methanol from CO2, water and renewable energy

Green Car Congress

The investment consists of an initial investment and additional purchases of CRI equity over a 3-year period. Geely Auto was the first auto manufacturer in China to conduct research and development into methanol vehicle solutions in 2005, and has since acquired dozens of patents. million in Carbon Recycling International (CRI).

Renewable 150
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Perspective: US Needs to Transition to Hydrous Ethanol as the Primary Renewable Transportation Fuel

Green Car Congress

As oil prices decreased in the 1990s, the consumer acceptance of hydrous ethanol fueled cars greatly decreased and purchases of gasoline fueled automobiles returned to previous levels. In 2005, their sales increased even further, accounting for approximately 54% of all new car sales. Pursuant to 40 CFR § 80.27(a)(2): 40 CFR § 80.27(d)