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ICE car values plummet in China and it is the canary in the coal mine

Electrek

It’s another sign that the global auto industry isn’t ready for the shift to EVs and will be caught unawares if it doesn’t ramp EV production fast enough. more… The post ICE car values plummet in China and it is the canary in the coal mine appeared first on Electrek.

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Mitsubishi wants to launch Australia’s cheapest electric car, but there’s a very expensive reason it might not

EV Central

Because if all we do is flood the market with BEVs – and New South Wales still has 75 per cent of its power generated by coal – all we have done is shift the emissions from the tailpipe to the power station.” But in a recent report industry super funds warned the transition risked falling behind without increased investment.

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The EV Transition Explained: Reshaping Labor Markets

Cars That Think

auto industry jobs could rise by 150,000 by 2030 if battery electric vehicles sales reach 50 percent by 2030 and the vehicle market share of U.S.-assembled It believes that there will be a net loss of 275,000 auto industry jobs by 2040, with most of the drop off coming between 2030 and 2035.

Market 101
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Rice flash Joule heating process recycles plastic from end-of-life F-150 trucks into high-value graphene for new vehicles

Green Car Congress

The Rice lab of chemist James Tour introduced flash Joule heating in 2020 to convert coal, petroleum coke and trash into graphene. Rice University chemists working with researchers at the Ford Motor Company are turning plastic parts from end-of-life vehicles into graphene via the university’s flash Joule heating process ( earlier post ).

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Renewable-methanol fueled Geely cars in fleet testing in Iceland; 70% reduction in WTW CO2 compared to gasoline

Green Car Congress

Among drivers testing the vehicles were CRI staff and members of the Icelandic Automobile Association as well as several local service providers in the auto industry. Currently, China produces most of its methanol from coal. Last week, in collaboration with Geely Holdings and Zixin Industrial Co.,

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President Obama Asks Congress for Carbon Cap Legislation; to Spend $15B per Year on Energy Technologies

Green Car Congress

And to support that innovation, we will invest fifteen billion dollars a year to develop technologies like wind power and solar power; advanced biofuels, clean coal, and more fuel-efficient cars and trucks built right here in America. But we are committed to the goal of a re-tooled, re-imagined auto industry that can compete and win.

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CMU study finds that HEVs and PHEVs with small battery packs offer more emissions and oil displacement benefits per dollar spent than large pack PHEVs and BEVs; policy implications

Green Car Congress

This fact is due in large part to SO 2 and GHG emissions from coal-fired power plants.Although the costs of damages from vehicle-associated emissions are significant, the damage reductions that can be gained through electrification are small compared to the total cost of owning and operating a vehicle. Source: CMU Policy Brief.

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