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Volkswagen launches PowerCo for global battery business; €20B investment; standard factories

Green Car Congress

With immediate effect, responsibility for global battery business is to be held by the newly created company “PowerCo”. The Volkswagen Group is bundling its global battery activities in the European company (SE) PowerCo. Looking ahead, further products such as major storage systems for the energy grid are planned.

Standards 259
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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

Toyota Motor North America (TMNA) plans to debut three new electrified models—two BEVs and a PHEV—in the US market this year. Between now and 2025, Toyota and Lexus models, globally, will have an electrified option. —Gill Pratt, chief scientist of Toyota Motor Corporation and CEO of Toyota Research Institute.

PHEV 305
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15 Graphs That Explain the State of AI in 2024

Cars That Think

The report notes that the variance between models is due to factors including model size, data center energy efficiency, and the carbon intensity of energy grids. In 2022 (the most recent year for which the Index has data), 70 precent of new AI PhDs in North America took jobs in industry.

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New E3SM exascale modeling system for earth simulation released to scientific community

Green Car Congress

Pictured here is global E3SM simulation showing eddy activity. The goal of the E3SM project is to simulate reliably aspects of earth system variability and to project decadal changes that will critically impact the US energy sector in the near future. Source: E3SM. Click to enlarge.

Water 186