article thumbnail

Toyota chairman predicts EVs will only reach 30 percent market share

Teslarati

Toyota has long been a proponent of a multi-faceted approach to electrification, touting non-battery-electric technologies like hydrogen fuel cells, hybrids and combustion engines. Toyota increases North Carolina battery plant investment by $8 billion What are your thoughts?

Toyota 116
article thumbnail

Nevada Governor signs multi-state medium- and heavy-duty ZEV MOU to accelerate transportation electrification in state

Green Car Congress

After passenger cars and light-duty trucks, medium- and heavy-duty trucks and buses are the next largest source of transportation sector greenhouse gas emissions in the US. North Carolina. Since 2018, the State has leveraged more than $16.5 Other signatories to the memorandum of understanding include: California. Connecticut.

Nevada 321
article thumbnail

DOE awarding $71M to 20 RD&D projects to cut GHG emissions, expand EV infrastructure; $5M to Achates for opposed-piston 2-stroke hybrid

Green Car Congress

Of the $71 million, Achates Power will receive $5 million for work on an opposed-piston 2-stroke hybrid commercial vehicle system, and Cummins will receive $4 million for its work on an ultra-low emissions heavy-duty 10L natural gas engine. Fiscal Year 2021 Low Greenhouse Gas (GHG) Vehicle Technologies RD&D DE-FOA-0002475. 5,020,217.

Emissions 304
article thumbnail

Analysis finds annual running cost of EVs less than ICE; but with purchase price factored in, it flips

Green Car Congress

EVs cost an average of $9,406 per year (including the purchase price) to run compared to $7,952 annually for gas vehicles (including the purchase price). per mile to fuel an electric vehicle; by comparison, the national average cost to fuel a gas vehicle is double at $0.06

Purchase 321
article thumbnail

15 States and the District of Columbia partner to accelerate bus and truck electrification; 100% ZEV by 2050

Green Car Congress

States signing the MOU are: California, Connecticut, Colorado, Hawaii, Maine, Maryland, Massachusetts, New Jersey, New York, North Carolina, Oregon, Pennsylvania, Rhode Island, Vermont, and Washington.

article thumbnail

Stanford’s GCEP awards $10.5M for research on renewable energy; solar cells, batteries, renewable fuels and bioenergy

Green Car Congress

million for seven research projects designed to advance a broad range of renewable energy technologies, including solar cells, batteries, renewable fuels and bioenergy. The goal is to develop high-energy, durable lithium-ion batteries for electric vehicles by improving the cycle life of the battery electrodes.

Renewable 225
article thumbnail

Forth and Mobility Development partner to launch national EV carsharing program; affordable model for underserved communities

Green Car Congress

In November 2021, Forth was awarded two grants from the US Department of Energy (DOE) as part of the Low Greenhouse Gas (GHG) funding opportunity for the creation of solutions that reduce vehicle emissions and accelerate the expansion of EV infrastructure and charging (DE-FOA-0002475, earlier post ).