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Better to buy pollution credits than “waste” money on EVs, says Toyota CEO

The Driven EV News

North America CEO says Toyota would rather buy pollution credits than invest in electric vehicles, while Australian head of sales says they'd rather pay the fines than buy credits. The post Better to buy pollution credits than “waste” money on EVs, says Toyota CEO appeared first on The Driven.

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Italy’s hard-right government may buy a stake in Stellantis

Baua Electric

But now Italy says it is open to buying a stake in Stellantis, Reuters reports , using the same model France uses for its beloved Renault. Italy has some of the oldest, most polluting cars in Europe, with some of the lowest EV adoption rates in Europe. But to make that happen, something will need to happen.

Buy 97
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SK On signs 5-year lithium hydroxide supply deal with SQM

Green Car Congress

In addition to the supply deal, SK On and SQM agreed to discuss a mid-to long-term partnership to enhance their cooperative relationship, including additional lithium supply, potential investment in production plants, and waste battery recycling. or in the countries whose FTA with the US is in effect. Earlier post.). Earlier post.).

Supplies 273
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Toyota to debut 2 BEVs, 1 PHEV for US this year; says research shows BEVs & PHEVs have similar environmental benefits

Green Car Congress

The research found: GHG of a currently available BEV model and PHEV model are roughly the same in on-road performance when factoring in pollutants created by electricity production for the average US energy grid used to charge batteries. The PHEV is much less expensive to buy and own, compared to the BEV.

PHEV 305
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California Energy Commission awards more than $2.5M for clean transportation projects

Green Car Congress

will receive $1,211,370 to design and install a new system to pre-process solid food waste for use in two existing anaerobic digesters at a solid waste facility in Chino. The digesters will use the waste to produce biomethane to be converted into renewable compressed natural gas fuel. Nations Bus Corp., Big Valley Ford, Inc.,

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China is exporting so many EVs that it needs more ships – a lot more

Baua Electric

Customers buying the ships include SAIC Motor, Chery, BYD, as well as shipping companies COSCO and China Merchants “on behalf of Chinese automakers,” reports Reuters. “After this armada has been delivered to China, the Chinese controlled car carrier fleet will jump from current 2.4% to 8.7%,” Veson analyst Andrea de Luca told Reuters.

China 52
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Cutting Non-CO2 Pollutants Can Delay Abrupt Climate Change; The Fast Action Climate Agenda

Green Car Congress

Cutting HFCs, black carbon, tropospheric ozone, and methane can buy us about 40 years before we approach the dangerous threshold of 2°C warming. —co-author With indoor air pollution killing 1.6 Biochar comes from cooking biomass waste at low temperatures with minimal oxygen (pyrolysis). Ramanathan. Tropospheric ozone.