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Biden administration announces $1B fund to support EV automakers

Teslarati

The Biden Administration announced a joint initiative with Monroe Capital LLC to launch a $1 billion fund to help small to medium-sized auto suppliers shift from gasoline-powered to electric vehicles. The White House and Monroe are calling their joint initiative the Drive Forward Fund.

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Delivery of renewable isooctane to Audi tips interesting potential non-biomass pathway for biogasoline; “e-benzin” as solar fuel

Green Car Congress

This proprietary novel gas fermentation technology converts the carbon monoxide-containing waste gases emitted by blast furnace, coke oven and BOF (basic oxygen furnace) operations into low-cost ethanol and high-value chemicals. So here our isobutene would allow us to integrate this very cheap fossil component into the fuel.

Audi 150
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From Scooters to High Speed Rail, China is Electrifying

Plugs and Cars

While I think selling gasoline cars by the tens of millions to the domestic market is perceived to be of prime economic importance, I hope they choose to forgo following the Japanese and Korean model of aggressively competing on the low end in the export market. We really don’t need more cheap gas cars.

China 133
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Road Test: 2022 Kia Rio S 5-door Hatchback

Clean Fleet Report

Excellent fuel economy, nice styling, low price and an excellent warranty. Low-cost but not cheap. liter gasoline engine with multi-port injection, good for 120 horsepower and 112 pound-feet of torque, mated to an intelligent variable transmission (iVT). Drivetrain. Functional and fuel efficient.

Kia 105
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X Shore Bowrider launched as new affordable-ish recreational electric boat

Baua Electric

Well, at least outside of the most extremely low-cost models. The point is, these boats aren’t cheap but they’re certainly getting closer to the budget of the kind of folks with boat money. To be clear, electric boats are far from becoming an impulse purchase. The numbers certainly aren’t huge yet, but they’re growing.

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Electric bikes: The truth about how much it costs to charge an e-bike

Baua Electric

The reason most people think charging an e-bike will be expensive comes down to two factors: 1) Most people don’t realize how energy-efficient e-bikes are, and 2) Most people don’t realize how cheap electricity is in the US. Remember, a rather efficient e-bike is likely to cost around 0.2 cents per mile. right now is around $3.50

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Perspective: Drive Star Conversion Program Could Cut US Oil Use in Half by 2020

Green Car Congress

And oil only seems cheap. Pioneering companies now have designs to turn gasoline- and diesel-powered vehicles into all-electrics or plug-in hybrids, depending on how they’re built and the range their drivers need. But let’s realize: defending our nation is never cheap. Its impacts are increasingly unaffordable.

Oil 252