Remove 2018 Remove Affordable Remove Carbon Remove Cost Of
article thumbnail

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

Green Car Congress

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.

Honda 170
article thumbnail

Lyft commits to 100% EVs by 2030

Green Car Congress

Although the upfront cost of EVs today is higher than gas-powered cars, EVs have lower fuel and maintenance costs that mean lower costs for drivers over the life of the vehicle. Lyft said that drivers renting cars through Express Drive currently save an average of $50-70 per week on fuel costs alone.

Denver 370
article thumbnail

MEEF funds 100 Tesla Model 3s for vehicle-as-a-service provider Breathe

Green Car Congress

Through the Zeti ZERO platform, MEEF will be able to monitor real-time data on vehicle telematics and the overall carbon savings of the fleet based on the total mileage. This is MEEF’s fourth investment in the low carbon mobility sector.

London 150
article thumbnail

California agencies release report charting path to 100% clean electricity; need to triple grid capacity by 2045

Green Car Congress

The California Energy Commission (CEC), California Public Utilities Commission (CPUC) and California Air Resources Board (CARB) released the first joint agency report and a summary document examining how the state’s electricity system can become carbon-free by 2045. California’s electricity mix is already more than 60% carbon-free.

Clean 170
article thumbnail

Volkswagen and Stanford University develop modified ALD process to increase Pt/C fuel cell catalyst efficiency, improve durability

Green Car Congress

Volkswagen and Stanford University have developed in partnership a new catalyst production process to reduce the comparatively high cost of automotive fuel cell technology. One of the biggest cost drivers for fuel cells is the use of the precious metal platinum as a catalyst to operate the fuel cell. —Xu et al.

Universal 246
article thumbnail

Feature: Top 6 Reasons Why an EV Is the Right Choice

Clean Fleet Report

This figure represents a 46 peercent increase compared to sales made in 2018. One of the reasons behind the drastic increase in sales was the more affordable price range of the Tesla Model 3, a best-seller in the U.S., Say Goodbye to Fuel Costs. Tesla’s Model 3 paved the way to powerful, affordable EVs.

article thumbnail

UK proposes Fourth Carbon Budget for 2023-2027; emissions to be cut by 50% from 1990 levels; indicative target of 60% reduction by 2030; >1% of GDP

Green Car Congress

Source: Fourth Carbon Budget. The UK Government has proposed its Fourth Carbon Budget —a limit on the total amount of greenhouse gases to be emitted by the UK for the five-year period spanning 2023 to 2027. The report finds that the cost of meeting the fourth carbon budget and the 2030 indicative target would be less than 1% GDP.

Carbon 210