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GM makes its largest green energy purchase to date; 50 MW wind deal

Green Car Congress

General Motors has made its largest renewable energy procurement to date, purchasing enough wind power to equal the electricity needs of 16 of its US facilities, including business offices in Fort Worth and Austin, Texas, a major assembly and stamping complex in Arlington, Texas, and 13 parts warehouses east of the Mississippi River.

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UPS to invest $130M in > 700 natural gas vehicles and infrastructure; > $1B invested in alt fuels since 2008

Green Car Congress

This $130-million dollar investment in CNG capacity for 2018 builds on previous UPS investments of $100 million dollars in 2016 and $90 million dollars in 2017. UPS will have invested more than $1 billion in alternative fuel and advanced technology vehicles and fueling stations from 2008 through 2018. Plainfield, Ind.; Edgerton, Kan.;

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ExxonMobil adds 2.7B barrels oil equivalent to reserves; replaces 183% of 2017 production

Green Car Congress

billion gross oil-equivalent barrels prior to the 2018 Ranger discovery. Through its acquisition of various entities from the Bass family of Fort Worth, Texas in 2017, ExxonMobil added significant resource in the Permian Basin, with upside potential in multiple additional prospective horizons.

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Tesla’s Elon Musk gives Rivian invaluable advice on manufacturing

Teslarati

based automotive plant potentially landing in Fort Worth, Texas , Musk stated it might be more beneficial to ramp its first plant before committing to a second one, as unit costs can be difficult to keep affordable in the early manufacturing stages. After reports of Rivian’s second U.S.-based

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Rivian seeks $80B valuation in confidential IPO filing

Teslarati

In comparison, Tesla’s short-lived attempt to go private in 2018, which resulted in a feud between CEO Elon Musk and the SEC, would have given Tesla a $71 billion valuation with Musk’s targeted $420 share price. While the company has not finalized a location, Fort Worth, Texas, seems to be emerging as the frontrunner.

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IEEE Society Restores Electricity To a Nepali School

Cars That Think

The effect that access to reliable electricity has had on the village is amazing,” says Morgan Kiani , an engineering professor at Texas Christian University , in Fort Worth. Kiani traveled in 2018 to Cairns, Australia, for the IEEE International Symposium on Industrial Electronics.

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