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BNEF: global investment in energy transition hit $500B in 2020; $139B on EVs and infrastructure

Green Car Congress

billion in new renewable energy capacity in 2020, up 2% on the year, helped by the biggest-ever build-out of solar projects and a $50-billion surge for offshore wind. Europe’s performance was driven by a record year for electric vehicle sales, and the best year in renewable energy investment since 2012. billion (down 11%).

2020 259
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Road Test: 2021 Polestar 2

Clean Fleet Report

The secret is that Polestar is an electric performance brand from Volvo and its Chinese owner, Geely Holding. It was established in 2017 and is based in Gothenburg, Sweden, where Volvo has been for a long time (although the Polestar 2 is built in China). Still a bit of a mystery. High tech treats include the absence of a start button.

Volvo 79