Remove Affordable Remove Auto Industry Remove Gas-Electric Remove Illinois
article thumbnail

The EV Transition Explained: Reshaping Labor Markets

Cars That Think

2050 net-zero strategy document , which explains how America will get to net-zero greenhouse gas emissions by 2050. The automaker has already begun idling auto plants and is warning of future closures to pay for its transition to EVs and to try to keep EV prices affordable. million jobs” in the Japanese auto industry.

Market 96
article thumbnail

The EV Transition Explained: Policy Roadblocks

Cars That Think

economy away from dependence on fossil fuels like petroleum, coal and natural gas to 100 percent carbon-free electricity by 2035. Driving that timeline is the shift to electric vehicles, which the Administration wants to account for 50 percent of all new cars sold by 2030. Permitting issues also bedevil wind power projects.

Grid 104
article thumbnail

Tesla 2024 Annual Shareholder Meeting transcript: June 13, 2024

Teslarati

Some highlights include the Model Y becoming the best selling vehicle in the world in 2023, beginning deliveries of the much anticipated Cybertruck proving that the muscle and utility of a pickup truck can be electric and cool. I mean, for reference, the auto industry is roughly 100 million vehicles per year.

Tesla 125