EV Battery Boom Sees Manufacturers Investing Billions in Midwest Factories
"With announcements of more than two dozen plants in the so-called “Battery Belt” of the U.S., the industry is growing at a breakneck pace."
"With announcements of more than two dozen plants in the so-called “Battery Belt” of the U.S., the industry is growing at a breakneck pace."
"The energy crisis sparked by Russia’s invasion of Ukraine is likely to speed up rather than slow down the global transition away from fossil fuels and toward cleaner technologies like wind, solar and electric vehicles, the world’s leading energy agency said Thursday."
"The Biden administration on Wednesday awarded $2.8 billion in grants to boost domestic manufacturing of batteries for electric vehicles in 12 states."
"Germany has unveiled plans to massively boost charging infrastructure for electric vehicles. The €6.3 billion proposal would increase the number of charging points across the country to 1 million by 2030."
"A new report suggests that the Inflation Reduction Act could be even bigger than Congress thinks."
"States have plans to ban gas-powered cars and the White House wants chargers along highways, but implementation is a challenge".
"New York is following in California’s tire treads, making drastic moves to cut greenhouse gas emissions. The Empire State will entirely ban the purchase of new petroleum-powered cars by 2035."
"Imagine a clean energy future, and you might picture giant turbines twisting in the wind, or electric vehicles zipping quietly down the highway. Fossil fuels become relics, or disappear altogether. ExxonMobil has a different vision. In this story of the future, oil refineries continue to distill crude. Fossil fuel-burning power plants churn away, too."
"President Biden extolled the potential of electric vehicles to boost the economy and reduce America’s contribution to climate change, and sought to ease worries about the reliability of EV technology, during a speech at the Detroit Auto Show on Wednesday."
"President Biden on Friday appointed John Podesta, a veteran Washington insider who spearheaded the Obama administration’s climate strategy, to oversee the federal investment of $370 billion in clean energy under a landmark new climate law."