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Hyundai Motor Group affiliates to join Climate Group’s RE100, aim to expand renewable energy use

Green Car Congress

Hyundai Motor Group (the Group) announced that five key affiliate companies, including Hyundai Motor Company and Kia Corporation, will join Climate Group’s RE100 , a global initiative committed to moving toward 100% renewable energy. To be a member, a company must have significant power footprint (i.e.

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EC approves up to €5.2B of public support for second IPCEI in the hydrogen value chain

Green Car Congress

The project, called “IPCEI Hy2Use” was jointly prepared and notified by thirteen Member States: Austria, Belgium, Denmark, Finland, France, Greece, Italy, Netherlands, Poland, Portugal, Slovakia, Spain and Sweden. The IPCEI will involve 35 projects from 29 companies, including SMEs and start-ups, with activities in one or more Member States.

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Hyundai Motor to integrate green energy into Charge myHyundai service in Europe

Green Car Congress

Hyundai Motor is integrating green energy into Charge myHyundai. When charged with renewable energy, battery-electric vehicles (BEVs) such as IONIQ 5 produce up to 81% lower well-to-wheel lifecycle emissions compared to a normal ICE vehicle, according to a 2021 study from the International Council of Clean Transportation (ICCT).

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Kia outlines its path to achieving carbon neutrality by 2045; full electrification in major markets by 2040, in Europe by 2035

Green Car Congress

By 2045, Kia plans to reduce 97% of the company’s 2019 level of carbon emissions. The company will attain carbon neutrality by implementing additional measures to fully offset its remaining carbon emissions. Kia is planning to increase the company’s percentage of plastic re-use to 20% by 2030.

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War in Ukraine: We Need to Talk About Fossil Fuels

Cars That Think

At the same time, though, Russian energy has been buffeted by announcements from major Western petroleum companies that they’ll extricate themselves from Russia, with whom they've been doing business for decades. Shell quickly chimed in to say it would sell off its 26.5 percent stake in the enormous Sakhalin-2 oil and gas development.

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