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Oxy Low Carbon Ventures, Rusheen Capital Management create company to deploy Carbon Engineering’s direct air capture technology

Green Car Congress

Oxy Low Carbon Ventures, LLC, a subsidiary of Occidental, and Rusheen Capital Management, a private equity firm, have formed a development company, 1PointFive, to finance and to deploy Carbon Engineering ’s large-scale Direct Air Capture (DAC) technology. Carbon Engineering’s DAC technology has four major elements.

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

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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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Cummins Westport announces MY 2018 natural gas engine line-up; near zero NOx

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Cummins Westport (CWI) announced its model year 2018 dedicated natural gas engines for regional haul truck / tractor, vocational and transit, school bus, and refuse applications at the Alternative Clean Transportation (ACT) Expo in Long Beach, California. Earlier post.) —Rob Neitzke, President of Cummins Westport.

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Toyota starts production of 5th-generation hybrid powertrain in Europe for new Corolla

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The new 5 th -generation hybrid electric powertrain replaces the 4 th -generation systems previously produced at TMMP and TMUK since 2018 and 2016 respectively. —Marvin Cooke, Executive Vice President for Manufacturing, Toyota Motor Europe.

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

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To date, Beneficial State Foundation has already received more than 900 applications and awarded 24 grants for cars ranging from a 2018 Nissan Leaf to a 2014 Kia Optima Hybrid. The program has been up and running since June.

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Lyft commits to 100% EVs by 2030

Green Car Congress

In 2018, Lyft started a carbon-offsets program to make rides on the Lyft platform carbon-neutral. Lyft is now ending the carbon offsets program to focus on direct decarbonization through the switch to EVs. Lyft expects these savings to increase over time as the cost of EV batteries continues to come down.

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Chevron invests in nuclear fusion start-up Zap Energy

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Founded in 2018, Zap Energy’s technology stabilizes plasma using sheared flows rather than magnetic fields to confine and compress the plasma. We see fusion technology as a promising low-carbon future energy source. Viable fusion energy approaches must confine high-temperature plasmas at sufficient density for long durations.

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