Jury finds Musk, Tesla not liable in securities fraud trial following ‘funding secured’ tweets

Tesla CEO Elon Musk and his security detail depart the company’s local office in Washington, January 27, 2023. Jonathan Ernst | Reuters Elon Musk and Tesla were found not liable by a jury in a San Francisco federal court on Friday in a class-action securities fraud trial stemming from tweets Musk made in 2018. The … Read more

View More Jury finds Musk, Tesla not liable in securities fraud trial following ‘funding secured’ tweets

Ford sold 91 million shares of EV startup Rivian last year

RJ Scaringe, Rivian founder and CEO, and Ford Executive Chairman Bill Ford announce a $500 million Ford investment in Rivian. Source: Ford Motor Co. DETROIT – Ford Motor liquidated most of its ownership stake last year in electric vehicle maker Rivian Automotive, according to the Detroit automaker’s annual report submitted to the Securities and Exchange … Read more

View More Ford sold 91 million shares of EV startup Rivian last year

Biden administration expands EV tax credits in boost for Tesla, Cadillac, others

A Tesla Model Y on display inside a Tesla store at the Westfield Culver City shopping mall in Culver City, California, U.S., on Thursday, April 14, 2022. Bing Guan | Bloomberg | Getty Images DETROIT – The U.S. Treasury said Friday it is changing its definition of an “SUV” to make more electric vehicles from … Read more

View More Biden administration expands EV tax credits in boost for Tesla, Cadillac, others

‘Greenwashing’ is a good thing, according to one renewable energy tycoon

Greenwashing should be seen as a positive sign that companies are moving in the right direction, according to the founder of British energy firm Ecotricity. “It’s everywhere,” Dale Vince told CNBC’s Tania Bryer in a recent interview. “But you know, I take it as a good thing. People say to me, ‘oh, there’s greenwashing, it’s … Read more

View More ‘Greenwashing’ is a good thing, according to one renewable energy tycoon

Saudi Aramco backs Brooklyn-based startup turning ammonia into fuel

In the race to find cleaner fuels, the heavy duty transportation sector is woefully behind because batteries don’t have enough juice to power trucks and ships. Enter ammonia. New technology and new companies are working on turning ammonia into hydrogen to power tractors, trucks and even ships. The heavy duty trucking industry alone accounts for … Read more

View More Saudi Aramco backs Brooklyn-based startup turning ammonia into fuel

Rivian to lay off 6% of its workforce as EV price war concerns grow

Workers inspect a Rivian R1T electric vehicle (EV) pickup truck on the assembly line at the company’s manufacturing facility in Normal, Illinois, US., on Monday, April 11, 2022. Jamie Kelter Davis | Bloomberg | Getty Images Electric truck maker Rivian Automotive said it is laying off 6% of its workforce in a bid to conserve … Read more

View More Rivian to lay off 6% of its workforce as EV price war concerns grow

Concerns about golden eagles are partly prompting the redesign of a Scottish wind farm

A golden eagle photographed in Scotland. The bird of prey is protected under the U.K.’s Wildlife and Countryside Act 1981. Education Images | Universal Images Group | Getty Images Plans for an onshore wind farm in Scotland have been revised after a number of concerns, including those related to how the project might affect golden … Read more

View More Concerns about golden eagles are partly prompting the redesign of a Scottish wind farm

GM to invest $650 million in a lithium company to support its electric vehicle business

US President Joe Biden, with General Motors CEO Mary Barra, looks at a Chevrolet Silverado EV as he tours the 2022 North American International Auto Show at Huntington Place Convention Center in Detroit, Michigan on September 14, 2022. – Biden is visiting the auto show to highlight electric vehicle manufacturing. Mandel Ngan | Afp | … Read more

View More GM to invest $650 million in a lithium company to support its electric vehicle business

The ‘land grab’ for lithium is just getting started with GM deal, says EV materials expert

Brine pools at the Albemarle Corp. Lithium mine in Calama, Antofagasta region, Chile, on Tuesday, July 20, 2021. Cristobal Olivares | Bloomberg | Getty Images General Motors‘ announcement on Tuesday that it plans to invest $650 million into Lithium Americas to secure access to lithium is probably the first of many such deals, according to Simon Moores, … Read more

View More The ‘land grab’ for lithium is just getting started with GM deal, says EV materials expert

More travelers want to stay in sustainable properties, Booking.com says

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Laura Houldsworth of the online travel agency says there are nevertheless potential hindrances related to factors such as affordability and the question of whether those properties are really sustainable. Source link

View More More travelers want to stay in sustainable properties, Booking.com says