Climate
Luxury EV maker Lucid scores order from Saudi government for up to 100,000 vehicles
With 1,050 horsepower, the new Grand Touring Performance edition becomes the most powerful version of Lucid’s electric Air sedan. Lucid Motors Lucid Group said that the government of Saudi Arabia has agreed to buy up to 100,000 of its electric vehicles over the next ten years. Saudi Arabia’s public wealth fund holds an approximately 62% stake […]
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GM will start tying executive compensation to electric vehicle targets
General Motors Chairwoman and Chief Executive Officer Mary Barra speaks during a meeting hosted by U.S. President Joe Biden with private sector CEOs to discuss the Build Back Better agenda at the White House in Washington, U.S., January 26, 2022. Kevin Lamarque | Reuters DETROIT – General Motors will begin tying a “significant part” of […]
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General Motors now has 140,000 reservations for its electric Chevrolet Silverado pickup, due in 2023
2024 Chevrolet Silverado EV RST GM General Motors now has about 140,000 reservations for the upcoming electric version of its Chevrolet Silverado pickup, CEO Mary Barra said during GM’s first-quarter earnings presentation on Tuesday. GM has promised that the Silverado EV will have at least 400 miles of range, new fast-charging capabilities, and a four-wheel […]
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Ford CEO says the automaker plans to challenge Tesla as global EV leader
Ford CEO Jim Farley at the company’s Dearborn, Michigan, plant where it’s building the electric F-150 Lightning on April 26, 2022. CNBC | Michael Wayland DEARBORN, Mich. — Ford Motor has set its sights on topping Tesla in the race to become the global leader in electric vehicles, CEO Jim Farley said Tuesday. The goal […]
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Biden blocks sales of inefficient lightbulbs, reversing Trump-era policy
U.S. President Joe Biden delivers remarks about climate change and protecting national forests on Earth Day at Seward Park in Seattle, Washington, April 22, 2022. Jonathan Ernst | Reuters The Biden administration on Tuesday announced new energy efficiency regulations that will phase out old-fashioned incandescent lightbulbs, a move that will drive down electricity use and […]
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Fort Worth is the first city in the U.S. to mine bitcoin, and will run mining rigs out of city hall
Fort Worth, Texas, is now the first city government in the United States to mine bitcoin — and in an almost poetic devotion to the initiative, Mayor Mattie Parker oversaw the construction of a small mining farm in City Hall. Three Bitmain Antminer S9 mining rigs will run 24 hours a day, seven days a […]
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UAE’s Masdar signs deal for green hydrogen projects in Egypt, targets exports to Europe
Masdar says Egypt’s abundance of solar and wind will “allow generation of renewable power at a highly competitive cost – a key enabler for green hydrogen production.” Ute Grabowsky | Photothek | Getty Images The UAE’s Masdar and Egypt’s Hassan Allam Utilities have signed agreements with state-backed Egyptian organizations that will see the parties work […]
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Here’s what the world’s first floating city in Busan, South Korea, could look like
Artist rendering courtesy Oceanix, BIG-Bjarke Ingels Group. The United Nations, a floating city architecture firm called Oceanix, and the South Korean city of Busan on Tuesday unveiled the prototype for a floating, sustainable version of the key shipping hub. Floating cities could be a way to mitigate the effects of sea level rise caused by […]
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Biden reverses Trump move to open up more oil drilling in Arctic
A polar bear sow and two cubs are seen on the Beaufort Sea coast within the 1002 Area of the Arctic National Wildlife Refuge. U.S. Fish and Wildlife Service | Reuters The Biden administration on Monday reversed a Trump administration plan that would have allowed the government to lease more than two-thirds of the country’s […]
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Ford beefs up F-150 Lightning production in a forceful bid to dominate the electric pickup market
A Ford F-150 Lightning on display at the New York Auto Show, April 13, 2022. Scott Mlyn | CNBC DETROIT – Ford Motor is set to be the first automaker to bring a mainstream, full-size electric pickup to the U.S. market, poised to capitalize on a first-mover advantage in what’s expected to be a hotly […]
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