article thumbnail

Canoo (GOEV) stock surges after OKC EV facility gets key approval

Baua Electric

Shares of American EV startup Canoo (GOEV) are surging after its Oklahoma City facility received approval as a Foreign Trade Zone (FTZ). The cost reductions will be on EVs made in the US and exported overseas, which Canoo intends to announce “in the near future.” If approved, Canoo FTZs will be one of the largest in Oklahoma.

article thumbnail

ENVIA suspends operations at Oklahoma City GTL plant

Green Car Congress

The Board of ENVIA Energy (ENVIA) has decided to suspend operations at the Oklahoma City gas-to-liquids plant ( earlier post ) and to undertake a review of strategic alternatives in order to preserve the value inherent in the facility. Sold more than 10,000 barrels of products to commercial offtakers.

article thumbnail

The New Supersonic Boom

Cars That Think

Although military aircraft were breaking the sound barrier daily during the 1950s and '60s, commercial passenger flights during this time remained limited to subsonic speeds. Today's airliners travel no faster than their counterparts of 60 years ago—indeed, they tend to fly somewhat slower to reduce fuel costs.

article thumbnail

DOE awards ~$25M to 8 projects for CO2 capture and compression; $15M for novel Direct Fuel Cell system

Green Car Congress

The US Department of Energy’s (DOE) National Energy Technology Laboratory (NETL) has selected eight projects to receive almost $25 million in funding to construct small- and large-scale pilots for reducing the cost of CO 2 capture and compression through DOE’s Carbon Capture Program. FuelCell Energy Inc. Source: FuelCell Energy.

Fuel 150
article thumbnail

US DOE Awards $300 Million in Clean Cities Grants to Support Alternative Fuels, Vehicles, and Infrastructure Development

Green Car Congress

Geographical distribution of Clean Cities Recovery Act awards. The US Department of Energy (DOE) has selected 25 cost-share projects under the Clean Cities program that will be funded with nearly $300 million from the American Recovery and Reinvestment Act. Click to enlarge. Total DOE award: $14,983,167.

article thumbnail

Summer Update

Plug In Partners

NGO's The campaign initially began by focusing on the 50 largest cities in the U.S., A large coalition has formed around the issues of national security, combating climate change, saving on fuel costs and increasing business for American agriculture. but it has grown far beyond this point.