Robert Pierson

Heading into Fall September 2022: Sustainability-Linked Lending Series, Part 5 – Applying Sustainability-Linked Lending Principles to Real Estate Finance Transactions | Cadwalader, Wickersham & Taft LLP

In our August issue of REF News & Viewswe continued our in-depth analysis of the core components of the Sustainability-Related Lending Principles (“SLLP”) (“Core Components”) and reviewed loan characteristics, reported progress against sustainability performance targets, and sustainability and verification. As a reminder, the SLLP has defined a framework, allowing all …

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Electric Vehicle Event Draws Test Drivers to Sioux Falls

SIOUX FALLS, SD (KELO) – A “Ride & Drive” event at the WH Lyon exhibition center on Thursday wasn’t just about showcasing electric vehicles, but also drive them. Lincoln County’s Bruce Schroder and Sioux Falls’ Arlene Brandt-Jenson each took a test drive in one. “Well, I thought it was fun, …

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Tesla Sued by Drivers Over Alleged Fake Autopilot and Full Self-Driving Claims

Tesla Inc was sued Wednesday in a proposed class action lawsuit accusing Elon Musk’s electric car company of misleading the public by falsely advertising its Autopilot and full self-driving features. The complaint accused Tesla and Musk of having since 2016 misleadingly advertised the technology as fully functional or “just around …

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Gas station owners and charging companies oppose Xcel Energy’s electric vehicle charging plan

A coalition of retailers and charging station companies is opposing a proposal by Xcel Energy to install hundreds of public high-speed charging stations in its Minnesota territory. Xcel Energy last month asked state regulators for approval to spend $170 million on a rapid expansion of charging infrastructure to help the …

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Self-driving cruisers still stall in San Francisco

Image: GM/Cruise In August, 60 autonomous vehicles operated by GM’s Autonomous Cruise stuck in traffic all over San Francisco. Over a month later, the problem persists and is really starting to piss people off. Cruise vehicles blocked a bus lane and stalled traffic at the busy Sacramento and Leavenworth intersection …

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Cobalt-free cathode for highly stable lithium-ion batteries – pv magazine International

From pv world magazine University of California Researchers and academics from four US National Laboratories have developed a way to make lithium-ion battery cathodes without using cobalt, a rare metal that is expensive and linked to unethical mining practices. In a recent article by Naturethe scientists describe how they overcame …

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NIO Stock Alert: Nio just made a big bet on lithium

Source: Michael Vi / Shutterstock.com One of today’s big drivers in an otherwise bear market has been Nio (NYSE:NIO). The China-based electric vehicle (EV) maker initially climbed 4.3% in previous trading, before giving up much of those losses this afternoon. That said, NIO stock remains up around 1%, significantly outperforming …

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More than 300 new mines needed to meet demand for electric vehicles, analyst says

More than 300 new mines will be needed worldwide to meet growing demand for electric vehicle (EV) batteries, according to a new forecast from a mining analyst. Benchmark Mineral Intelligence estimates that at least 384 new mines of graphite, lithium, nickel and cobalt will be needed to meet the demand …

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8 reasons why the new Fisker Ocean should grab your attention

In recent years, two automotive segments have gained popularity. Crossovers and SUVs, as well as electric vehicles, are becoming more common over time. Today, we live in an age where the engine and gasoline-powered cars are slowly approaching the end, and the future is undeniably electric. While some automakers are …

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Allow India to bet on electric vehicles

By Sudhir Mehta Investments and innovation are driving the adoption of electric vehicles (EVs) in India. The country has set a target of 70% electric vehicle sales penetration for commercial vehicles (CVs), 30% for passenger cars, 40% for buses and 80% for two- and three-wheelers. here 2030. CVs are leading …

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Experience a worry-free office move with Tesla Semi

SAN FRANCISCO, CA, Sept. 23, 2022 /24-7PressRelease/ — As the leading provider of relocation, e-waste recycling and warehousing services in the San Francisco Bay Area, Priority One Logistics LLC has given the mission to facilitate the relocation of your commercial offices and quickly. With its motto “Your move is our …

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Toyota bZ4X electric sedan prepares to take on the power of Tesla Model 3

Toyota is expected to offer a new model for its bZ series of electric vehicles in the Chinese market soon, which will rival Tesla’s Model 3. By : HT automatic office | Updated: Sep 23, 2022, 11:20 AM Stock photo used for representational purposes (Reuters) Toyota may have been rather …

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Improvements expected in FSD Beta 10.69.3 according to Elon

September 22, 2022 By Kevin Armstrong Elon Musk has already promised additional improvements to Tesla’s full self-driving beta shortly after AI Day on September 30. Now we get some details on what 10.69.3 will include. The FSD Beta group grew by 60% in the United States and Canada when Tesla …

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Virginia could sever its tie with California’s electric car rule. Will it matter?

California has banned the sale of gasoline-only vehicles by 2035. After that, all new cars, trucks, and SUVs must be electric, with an exception for one-fifth of new vehicles to be gasoline/electric hybrids. At least 17 states are tied to California’s emissions standards, including Virginia, according to Attorney General Jason …

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Bird Announces Leadership Changes to Reinforce Focus on Path to Profitability | national company

MIAMI–(BUSINESS WIRE)–Sep 21, 2022– Bird Global, Inc. (“Bird” or the “Company”) (NYSE: BRDS), a leader in environmentally responsible electric transportation, today announced that its Board of Directors (“Board”) has several key management appointments, effective immediately, to continue the Company’s pursuit of profitability. The board has named Shane Torchiana, currently chairman, …

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San Francisco cruise crash prompts recall of 80 self-driving vehicles

UNITED STATES – An autonomous vehicle created by Cruise, a self-driving arm of General Motors Co., has crashed into another car in San Francisco, prompting the recall of 80 other vehicles. A person driving the car was arrested on suspicion of impaired driving. The algorithm that controls Cruise’s cars is …

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Biden administration picks ex-Chicago, DC transportation chief to lead electric vehicle charging program – KION546

By Matt McFarland, CNN Business Gabe Klein, who headed the transportation departments in Washington, DC and Chicago, will lead the Biden administration’s $7.5 billion program to expand the nation’s electric vehicle charging network. Klein will serve as executive director of the Joint Office of Energy and Transportation, which was created …

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Electric vehicles are changing the transport experience in European cities

Electric vehicles (EVs) are reshaping the urban environment for the better, helping city dwellers breathe cleaner air and lower their carbon emissions. City councils across Europe have implemented measures to boost the uptake of electric vehicles as part of efforts to reduce the number of combustion engines on the roads …

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Jeep will deploy three new electric vehicles in Australia

The upcoming Jeep Avenger small SUV, Recon midsize SUV and Wagoneer S luxury SUV are on track for Australia on electric power only. 0 See 25 pictures American automotive giant Jeep plans to introduce three new electric vehicles to Australia in the next few years – the Jeep Avenger, Jeep …

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Tesla produces 10K Model Y cars in new Texas Gigafactory

San Francisco: Electric car maker Tesla announced that its Gigafactory in Texas has built 10,000 Model Y cars to date. Elon Musk opened the Austin, Texas-based Gigafactory in April this year as he aimed to take his electric car business to the next phase of growth with the production of …

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Drive Electric Week aims to electrify motorists

Skeptics ask, “How are we going to charge 35 million electric vehicles in California with a power grid that can barely handle air conditioning?” Kent Bullard, field representative for Ventura County Electric Vehicle Advocates, hopes to share answers at upcoming events celebrating National Electric Driving Week, which runs Sept. 23 …

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Solar Finance Program Helps Businesses and Homeowners Make Every Roof Count

An end-to-end solar journey U-Solar goes beyond simply helping businesses and homeowners finance their transition to using more sustainable energy, shares Mr. Jasper Wong, Managing Director, Head of Construction and infrastructure at UOB. “Instead of lending on a one-to-one basis, we want to bring ecosystem players together to create an …

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Beltrami Electric Cooperative Showcases Electric Vehicles at Annual Motor Show

Electric vehicles are gaining ground as more hit the roads. Some people are turning to these vehicles as alternatives not only for their wallets in response to soaring gas prices, but also to help the environment. Local businesses in Bemidji come together to help educate the public about electric vehicles …

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A look at California’s lofty EV goals and their impact on the power grid – Times-Herald

California has ambitious goals for electric vehicles by 2035 while working to keep its electric grid in good working order during heat waves. Today we look at some projections for electric vehicles and their potential impact on electricity demand. According to electric vehicle infrastructure company Future Energy, the average cost …

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Uber Comfort Electric offers rides in Tesla Model 3, Ford Mustang Mach-E

Uber Comfort Electric is a new option from the ride-sharing company that allows for very comfortable rides in a new electric vehicle. Riders in over 25 cities can now request an Uber in some of the most popular electric vehicles on the market today. This includes electric cars like the …

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The rise of electric vehicles makes good planning more crucial than ever

Economists, energy analysts and even psychologists will debate and anticipate the impacts of a gas-free future. I expect that, overall, it will be much better than the status quo. But trade-offs will be made (oil drilling for cobalt and nickel mining, for example) and unintended consequences will occur, as is …

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Tesla and Musk sued for misleading consumers on Autopilot, FSD says

San Francisco, Sept. 15 A Tesla owner has sued the electric car maker, claiming the company and its CEO Elon Musk are “deceptively and misleadingly” marketing Autopilot and “Full Self-Driving” software. Briggs Matsko of California said he paid a $5,000 premium for his 2018 Tesla Model X to get an …

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Chevrolet electrifies the Motor City with 3 new electric vehicles

DETROIT, Michigan – A small but “electric” crowd attended the first Detroit auto show in two years, with most of the buzz centering on US President Joe Biden’s visit and his $900 funding announcement. million US dollars for electric vehicle infrastructure. Fittingly, Chevrolet showed off a trio of electric vehicles …

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National EV target unlikely to be met by 2030 without lower prices and better policy – Eurasia Review

The United States government has set an ambitious national goal of reaching 50% penetration of plug-in electric vehicles by 2030, but a new study by researchers at the Paul H. O’Neill School of Public and Environmental Affairs from Indiana University shows that the United States is unlikely to meet this …

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California Governor Opposes Wealthy Tax in Statewide TV Ad

SACRAMENTO, Calif. (AP) — California Governor Gavin Newsom wants voters to reject a new tax on the wealthy that would pay for more electric vehicles in the nation’s most populous state, warning in a new television ad on the statewide that a measure on the November ballot will not help …

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Will Porsche’s IPO be as popular as its sports cars?

People love Porsche’s cars, but will they love its stock? volkswagen (VWAGY), the world’s largest automaker by sales and the parent company of Porsche, bets they will. It is moving forward with an initial public offering of shares in the sports car maker which is expected to launch in the …

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Sime Darby Motors in talks to bring in BYD’s electric vehicles

It is believed that SIME Darby Motors Sdn Bhd, the automotive arm of Sime Darby Bhd, will bring 2,000 units of BYD Co electric cars based in Shenzhen, China, Malaysia by the end of this year, and another 10,000 units l ‘next year. The introduction of electric cars from BYD …

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The 9-11-22 intersection | Automotive News

The last time Detroit held an auto show, Kelley Blue Book said the average transaction price for a new vehicle was around $37,000. Heading into the 2022 Detroit auto show this week, it’s now over $48,000. And that’s only a fraction of the revolution this industry has experienced in the …

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No, electric cars are not reserved for the elite and do not cause breakdowns

Regarding “Not Everyone Can Afford an Electric Car” (Letters to the Editor, September 8): Michael Santos accuses me, in my letter (“Ready for Electric Cars”, August 28), to assume that a $20,000 to $30,000 range is affordable for everyone. Obviously, Mr. Santos missed the last line of my letter, mentioning …

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BMW predicts EV battery dominance with new Gen6 cylindrical cell

Internal combustion cars focus on engines, but for electric vehicles, batteries are the most important component. BMW has clearly taken this to heart with its next-generation battery platform, part of the electric Neue Klasse due to arrive in 2025. The BMW Gen6 battery system aims to make the company a …

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Elon Musk sends another notice to Twitter to end the $44 billion deal

San Francisco, September 10: Tesla CEO Elon Musk sent a third notice to Twitter, led by Parag Agrawal, seeking to end the $44 billion takeover deal. In the latest letter submitted to the U.S. Securities and Exchange Commission, Musk’s legal team cited the multi-million dollar severance package paid by Twitter …

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California considering tax to fund electric vehicles and charging infrastructure

California’s Proposition 30 will allow residents to vote on a tax increase for those earning more than $2 million a year to fund incentives for electric vehicles and charging infrastructure. According to the upcoming ballot initiative, to help fund California’s aggressive climate goals and help the state transition to electric …

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Jay Leno on Elon Musk and Electric Vehicles: ‘I Think He Should Get…Credit’

Car collector and host of Jay Leno’s Garage Jay Leno recently spoke to Yahoo! Finance about Elon Musk, electric vehicles and why he thinks Elon Musk deserves credit for the popularity of electric vehicles today. “I think he should get some credit for leading the charge because before Elon, [people …

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California’s green dream could become a nightmare

OPINION: “Well, they’re out there having fun in that hot California sun”– (1964 song from The Rivieras) California has become an example of what a state looks like when it’s controlled by a single party — in this case, the Democrats — trying to impose a secular, green-powered religion on …

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California again urges residents not to charge electric vehicles over busy travel weekend

Find out what clicks on FoxBusiness.com California’s power grid operator called on residents to further reduce their electricity use this week, warning of worsening grid conditions amid a record-breaking heat wave. California’s Independent System Operator (CAISO) warned on Sunday that it is “escalating its call for consumers to reduce their …

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The EVIE 2022 shortlist revealed! | Current news

This year’s shortlist Electric Vehicle Innovation and Excellence (EVIE) Awards has now been revealed. There were a record number of nominations this year, with over 200 submissions selected by our expert jury. Who will win the coveted prizes will be announced during the Gala dinner and EVIEs 2022 ceremony on …

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Volvo Cars: electric cars = 5.7% of its sales in August

Volvo Cars has one of the most aggressive EV transition plans among mainstream automakers. It plans to sell only all-electric cars globally by 2030. Last year, 70-year-old Volvo Cars CEO Håkan Samuelsson said: “I am totally convinced that there is no there will be no customers who will really want …

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Elon Musk offers solution for NASA’s troubled Artemis 1 mission

San Francisco: As NASA cleaned up the Artemis 1 uncrewed mission to the Moon again, Tesla and SpaceX CEO Elon Musk on Sunday offered a suggestion for the ailing mission that will finally land astronauts on the lunar surface after decades . NASA engineers were unable to overcome a hydrogen …

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17 states are considering adopting California’s electric car mandate

MINNEAPOLIS, AP — Seventeen states whose vehicle emission standards tie to rules set in California are facing big decisions about whether to follow that state’s toughest new rules that require all new cars, vans and SUVs are electric or hydrogen. by 2035. Under the Clean Air Act, states must meet …

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Yes, there are car deals for Labor Day this weekend

New-car shoppers may find some relief from high prices this weekend with a number of Labor Day car deals. Unlike the month-long incentives, the best Labor Day car sales are only available for a limited time. For example, Swedish brand Volvo is offering up to $1,250 off its entire 2022 …

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EV Inverter Market to Harvest $22.25

Portland, OR, Sept. 02, 2022 (GLOBE NEWSWIRE) — According to the report released by Allied Market Research, the Electric Vehicle Inverter Market generated $8.67 billion in 2021 and is expected to reach $22.25 billion by 2031, growing at a CAGR of 10.4% from 2022 to 2031. changing market trends, market …

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Cruise recalls his robotaxis after a passenger is injured in an accident

The accident happened after the robotaxi Cruise making a left turn stopped at the intersection, thinking an oncoming vehicle would turn in front of it. But the oncoming vehicle instead rolled straight, hitting the cruiser. The San Francisco Police Department and the National Highway Traffic Safety Administration have launched investigations. …

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Most Americans still aren’t ready to buy electric vehicles

Most Americans are still unconvinced to buy electric cars despite the federal government’s multi-billion dollar efforts to promote the vehicles. A 54% majority of American adults think electric cars are inconvenient, compared to 28% who say they are practical for most drivers, according to Rasmussen Reports’ latest national phone and …

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Driverless cars (not Teslas) are starting to pick up passengers

By the time you arrive in Phoenix, you may not need a driver’s license. That’s because Waymo, Alphabet’s (GOOGL) autonomous division, its driverless vehicles pick up passengers in the downtown of the desert city. Phoenix Mayor Kate Gallego went for a ride in one of the Waymo-mobiles and tweeted all …

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Volvo Trucks shares lessons learned from electric truck pilot project

The Volvo Low Impact Green Heavy Transport Solutions (LIGHTS) project, which ran from 2019 to 2022 in the Southern California Coast Airshed, has come to an end. Volvo Trucks North America, together with 14 public and private partners*, shared lessons learned from the $44.8 million pilot project**, which is expected …

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Faraday Future Provides Trading Update

– ieFactory California nearing completion – – Ongoing fundraising effort with multiple parties – – Start of production and deliveries expected in the fourth quarter of 2022 – LOS ANGELES, August 29, 2022–(BUSINESS WIRE)–Faraday Future Intelligent Electric Inc. (“Faraday Future” or the “Company”) (NASDAQ: FFIE), a California-based global smart and …

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Electric vehicle market worth $171.35 billion by 2020 at 27.19% growth rate – IndustryARC

Market Research Reports, Business Advisory Services and Analytics Analysis of the electric vehicle industry, particularly the global electric utility vehicle market, will be driven by this rising investment. HYDERABAD, TELANGANA, INDIA, Aug. 29, 2022 /EINPresswire.com/ — IndustryARC in its latest report predicts that the market size of electric vehicles is …

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2 stocks of high-yield materials should benefit from demand for electric vehicles and semiconductors

Efforts to transition to electric vehicles are gaining momentum, with states like California establishing new legislation banning the sale of new combustion vehicles by 2035. Additionally, the Science and Chips Act of 2022 will allocate billions of dollars in tax credits to semiconductor companies to build new manufacturing facilities. Here …

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Tesla says he doesn’t have a race problem. Hundreds of worker complaints say otherwise

After two tumultuous years, things at Tesla’s Fremont assembly plant were just starting to get back to normal in 2022. Company co-founder and CEO Elon Musk was no longer under fire. critics for trying to restart factory operations during a nationwide shutdown, the government was a little more relaxed about …

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Tesla cars will soon connect to 2nd generation Starlink satellites

San Francisco: Your Tesla car will soon connect to upcoming second-generation Starlink internet satellites, as the company run by Elon Musk is installing Starlink antennas at select charging stations across the United States. A Twitter user asked Musk on Friday, “Will tesla also get this service with premium connectivity?” Musk …

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EXPLAINER: California’s electric vehicle requirements hit some hurdles

Comment this story Comment DETROIT – California will require all new cars, trucks and SUVs sold in the state to run on electricity or hydrogen by 2035 as part of an ambitious move away from gasoline-powered vehicles and the pollution they emit. The requirements come in phases from 2026, and …

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California approves ban on new gas-powered car sales by 2035

SACRAMENTO, Calif. (KGTV) — California took a historic step Thursday to make a dent in our state’s climate goals. The state voted to ban the sale of new gas-powered cars by 2035. This means that new cars must be zero-emission vehicles, i.e. electric or hydrogen. But there are concerns about …

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Chinese electric vehicle maker Xpeng will launch a Tesla Model Y competitor in 2023

A new Xpeng P7 car is displayed at the Xpeng Motors flagship store in a mall. Xpeng P7 is one of two popular Xpeng engine models. Zhang Peng | light flare | Getty Images Chinese electric carmaker Xpeng has teased details of two new vehicles it plans to launch next …

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Tesla to face workplace racism lawsuit in California (1)

Tesla Inc. cannot escape a lawsuit from California’s civil rights regulator accusing the electric vehicle maker of encouraging racial discrimination and harassment at its San Francisco Bay Area plant. A state court judge on Tuesday tentatively denied the company’s request to dismiss the lawsuit from California’s Department of Fair Employment …

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The best electric vehicle stocks to buy with $100

After correcting by more than 21% this year, the S&P500 the index has been on an upward trend over the past two months. It is now down just 13.2% for the year at the time of writing. Still, overvaluation concerns and supply chain challenges led to a more pronounced correction …

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Elon Musk subpoenas former Twitter CEO and friend Jack Dorsey

SAN FRANCISCO — Tesla CEO Elon Musk has subpoenaed his friend and former Twitter CEO Jack Dorsey as part of an effort to renege on its $44 billion deal to acquire the company Dorsey helped foundaccording to court documents. Twitter and Musk are heading to a trial on Oct. 17 …

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Australia is taking bold steps for the future of the electric car

After many years under the thumb of climate denier Scott Morrison, Australia is finally ready to enter the 21st century thanks to the leadership of newly elected Prime Minister Anthony Albanese. Last week, at the first-ever electric vehicle summit in Canberra, Climate Change and Energy Minister Chris Bowen said the …

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People are talking about the roar of the Dodge EV muscle car

Hey, did you hear this one? Don’t worry, you will – if Dodge has anything to say about it. Dodge, which is owned by Stellantis, is making a lot of noise about its Dodge Charger Daytona SRT electric muscle car and we’re not just talking about marketing. “Today we bring …

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YouTube removes video showing Tesla driver using children instead of mannequins during test

YouTube, which is owned by Alphabet Inc. GOOGLdeleted the videos showing Tesla Inc. TSLA drivers driving Complete self-driving (FSD) using children instead of mannequins in the aisle. According to CNBC, a video was posted on August 14. The footage showed that a Tesla owner, Tad Parkdrove a Tesla Model 3 …

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Elon Musk can make an even smarter offer now

Comment this story Comment Indonesia wants Tesla Inc. to make cars – and batteries – locally. It might be the smartest bet Elon Musk can make, and it won’t be that difficult. “What we want is the electric car, not the battery. For Tesla, we want them to build electric …

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Electric vehicles: four things that will help Australia shift gears after a ‘decade of denial’ | Electric vehicles

Australia is changing course and embracing electric vehicles. That was the message from the first National Electric Vehicle Summit in Canberra on Friday. With speakers ranging from Robyn Denholm, President of Tesla, to Mike Cannon-Brookes, Co-Founder of Atlassian and Paul Sansom, Managing Director of Volkswagen Australia, the summit had a …

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Lincoln launches the electric and autonomous concept car model L100

Lincoln’s latest concept car is both a nod to the luxury brand’s past and a glimpse into its electric and technologically advanced future. Ford Motor Co.’s luxury division showcased the Lincoln Model L100 Concept at the Pebble Beach Concours d’Elegance in California on Thursday, where Lincoln is the featured marque …

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The Battery Belt electric car is reshaping the heart of America

Data: Automotive Research Center; Map: Jared Whalen/Axios The climate bill that President Biden signed into law yesterday will open up tens of billions of dollars in subsidies for high-tech electric vehicle factories in the South and Midwest. Why is this important: The package is a big down payment on fighting …

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Autonomous? No. California takes issue with Tesla’s ‘fully self-driving’ claim

By Matt McFarland, CNN Business “Complete self-driving,” Tesla’s controversial driver-assist feature, may have finally met its match. Tesla’s foil is not a silver-haired U.S. senator, world-class self-driving experts, or some of the nation’s most prominent safety advocates. They all warned that “fully self-driving” isn’t really fully self-driving. The technology is …

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A frustrating hassle that holds electric cars back: broken chargers

The federal government is handing out billions of dollars to encourage people to buy electric vehicles. Automakers are building new factories and scouring the world for raw materials. And so many people resent the waiting lists for battery cars going on for months. The electric vehicle revolution is almost here, …

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SPI Energy publishes its financial results for the second quarter of 2022

SPI Energy will host a conference call to discuss second quarter results on August 16 at 4:30 p.m. ET McCLELLAN PARK, CA /ACCESSWIRE/August 15, 2022/ SPI Energy Co., Ltd., (NASDAQ: SPI) (the “Company”), a global renewable energy company and provider of solar storage and electric vehicle (EV) solutions for businesses, …

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Foxconn will build a Monarch electric tractor at its Ohio plant starting in the first quarter of 2023

Taiwanese group Hon Hai Technology, better known as Foxconn, has signed a manufacturing contract with Zimeno Inc DBA Monarch Tractor to build next-generation agricultural equipment and batteries at the factory in Lordstown, Ohio. Foxconn completed the acquisition of the factory this year from EV startup Lordstown Motors, which in turn …

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Can the F-150 Lightning make everyone want a truck that plugs in?

The evening, punctuated by the local cover band, the Fly Bettys, ended with a final fireworks display accompanied by “God Bless the USA”. The hope of SK, Ford, many energy policy makers and pragmatic environmentalists, is that most Georgians stalking for holiday fireworks in years to come will instead be …

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Submetering for EV Drivers in California

Picture: PG&E A submetering protocol was introduced by the California PUC to accelerate the growth of electric vehicles (EVs). The protocol, along with the communication protocols for electric vehicle charging equipment, aims to allow users of plug-in electric vehicles to take advantage of special off-peak electric vehicle charging rates without …

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IP prediction: Tesla wants to get the secret case out of court

By Andrew Karpan (August 11, 2022, 9:44 p.m. EDT) — Tesla Inc. will tell a California federal judge next week that an employment contract now warrants arbitration of its trade secrets case against an engineer hired to help developing a supercomputer meant to power the company’s self-driving cars. Just months …

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Rivian lost $1.7 billion in the second quarter

Rivian was once seen as “the next Tesla,” an electric vehicle maker poised to grow rapidly and unseat century-old auto giants like Ford Motor, General Motors and Volkswagen. He planned to make an electric pickup and a sport utility vehicle — models that would set him apart from the minimalist …

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ATIF’s investment in Mexican electric vehicle company sees rapid growth in product orders due to soaring gas prices

IRVINE, Calif., August 10, 2022 /PRNewswire/ — ATIF Holdings Limited (Nasdaq: ATIF, the “Company”, “ATIF” or “We”), a holding company providing business and financial advisory services in Asia and North America, is pleased to announce that the company’s IPO advisory services client and its stake in Solarever Ltd. (“Solarever”), a …

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Drought threatens 60% of the European Union, UK

Drought conditions are affecting around 60% of the EU and the UK, exacerbated by record heat due to climate change across Europe this summer, according to a new study from the European Drought Observatory. Why is this important: Countries like France, Spain, Italy and the Netherlands are facing water shortages …

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Phoenix Motor Inc. Announces Second Quarter 2022 Financial Results Schedule and Conference Call

ANAHEIM, Calif.–(BUSINESS WIRE)–Phoenix Motor Inc. (Nasdaq: PEV) (“Company” or “Phoenix Motorcars”), a leading manufacturer of all-electric mid-duty vehicles, today announced that it will report results for the second quarter of 2022 after market close on Monday, August 15, 2022. This release will be followed by an investor conference call at …

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Anne Heche in “stable condition” after violent car accident in Los Angeles

Actress Anne Heche is in stable condition after being involved in a violent car crash Friday that damaged a Los Angeles home, her rep confirmed to ABC News. The Los Angeles Police Department also confirmed Saturday that Heche, 53, was the driver of the solo vehicle crash. LAPD sources told …

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Quebecers can claim up to $7,000 for the purchase of an electric vehicle — Here’s how

The Government of Quebec offers individuals, businesses, organizations and municipalities in Quebec a rebate of up to $7,000 on the purchase or lease of a new electric vehicle. The rebate initiative, known as the Roulez vert program, was officially launched on January 1, 2012 and will be extended until 2026-2027. …

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The rise of declinists, predicting California’s demise – The Ukiah Daily Journal

They start again, the many former governors. Jerry Brown derisively called them “declinists”. They have ammunition. It’s been more than a decade since California lost its status as the fastest growing US state. A further consequence of this is that this fall the state will lose some representation in Congress …

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How to save on solar panels, electric vehicles and appliances with Democrats’ new climate bill

CNN — The Democrats’ new tax and clean energy bill is a big deal for climate and energy conservation. With nearly $370 billion for energy programs and tax incentives, it represents the largest climate investment in US history. In addition to the U.S. emissions reductions it will bring, there’s a …

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Here’s what climate tech investors think of the Cut Inflation Act

When tech investor Abe Yokell heard about the $369 billion bill to fund climate investments in the United States, he nearly fell out of his seat. Yokell, managing partner at Congruent Ventures, was not alone. Investors and climate tech advocates have been shocked by the deal between Senators Joe Manchin …

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Preliminary plan for West Virginia electric vehicle charging station completed

All 50 states were to submit a NEVI plan to the federal government by Monday, August 1, 2022. West Virginia’s plan proposes locating electric vehicle charging stations somewhere along Interstate 64, 77, or 79 in the Charleston area; Interstate 64 near Huntington and somewhere near Lewisburg; Interstate 77 in the …

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Faraday Future Provides Update on California Electric Vehicle Plant

Faraday Future provided further updates on the progress of its North American manufacturing facility and unveiled the official name of the production facility located in Hanford, California, which will now be identified as “FF ieFactory California”. . This facility will lead production of the TechLuxury FF 91 EV, which will …

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Massachusetts Set to Boost Its Electric Vehicle Network

Data: SparkCharge; Map: Erin Davis/Axios Visuals Massachusetts could soon get more electric vehicle drivers — and more charging stations to fill the gaps — if Gov. Charlie Baker approves a climate bill passed by lawmakers over the weekend. What is happening: The bill includes up to $5,000 in rebates for …

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Northwest Territories works to encourage more residents to choose electric vehicles

“Even though it currently seems like the adoption of electric vehicles is limited and some barriers seem somehow insurmountable, we have to plan to start doing it because in five years it will be too late.” The federal government has committed to achieving a mandatory zero-emission vehicle sales target of …

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Elon Musk associates named in Twitter subpoena

Comment this story Comment SAN FRANCISCO — Twitter is investigating associates of Elon Musk and seeking further information in a series of high-profile legal requests regarding its $44 billion deal to acquire the social media company, according to legal documents obtained by the Washington Post. In a subpoena posted on …

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What should a nine thousand pound electric vehicle look like?

IRCAMRenault’s sounds were, indeed, surprisingly gentle, though perhaps less like birdsong than a washing machine set to the delicate cycle. The Paris soundscape will surely benefit. But would anyone hear these elegant French alerts to New York, especially about the hustle and bustle of all the gas-powered vehicles on its …

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Lamborghini Executive joins Apple for a secret car project

BEIJING, CHINA – SEPTEMBER 27: Potential consumers look at a Lamborghini car in 2020 … [+] Beijing International Auto Show at China International Exhibition Center on September 27, 2020 in Beijing, China. (Photo by Lintao Zhang/Getty Images) Getty Images Apple has reportedly hired a former Lamborghini veteran with two decades …

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Would you pay $300,000 for a used GMC Hummer EV?

Thanks to ongoing supply chain issues, used car prices are skyrocketing. Particularly in the United States, where the “I want it and I want it now” mentality seems most prevalent. And while many of you may think paying $15,000 over MSRP for a used Ford Mustang Mach-E or Volkswagen ID.4 …

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Electric vehicles are gaining ground in “leasing and renting”

QCOSTARICA – At a time when gasoline is historically priced above 1,000¢ per liter, leasing and leasing electric vehicles is becoming a great option for reducing fleet operating costs. More than an environmental fad and a matter of taste, the use of non-polluting cars for productive and private work is …

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Elon Musk’s Twitter takeover trial set for October 17 in Delaware court

Comment this story Comment SAN FRANCISCO — The trial over Elon Musk’s Twitter takeover bid will begin Oct. 17 in Delaware Chancery Court, a judge ruled Thursday night, putting the world’s richest man on a collision course with the social media giant. Twitter had been pushing for an expedited deadline …

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Electricity is expensive. Drivers shouldn’t pay for it

Comment this story Comment With the rush to adopt electric vehicles, charging networks are rolling out in every country, government support is growing, and automakers are promising a slew of green cars. Yet even if all of this happens, it’s worth asking how the power grids will handle the demand …

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1st all-electric vehicle added to Prince William County fleet

The Prince William County Facilities and Fleet Management Department recently received its first new all-electric vehicle, or EV, with more to come. The county’s new Chevrolet Bolt joins the county’s 1,458-vehicle fleet that includes 24 hybrids as well as its gasoline-powered vehicles. “We’ve had hybrids in the fleet since 2008,” …

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Twitter sets September shareholder vote on Elon Musk takeover

DOVER, Delaware — Twitter has set September 13 as the date its shareholders will vote on the company’s impending takeover by Tesla CEO Elon Musk. The company said in a regulatory filing Tuesday that it recommends shareholders vote to see the $44 billion deal complete. The date is ahead of …

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US Department of Energy lends $2.5 billion to GM battery installation, report says

The US Department of Energy is expected to announce on Monday that it will lend $2.5 billion to a joint venture between General Motors and LG Energy Solution, according to a Reuters report. The loan would help fund the construction of new lithium-ion battery cell manufacturing facilities in Ohio, Tennessee …

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UBS on how to invest in electric vehicles, the growing adoption of electric vehicles

Demand for electric vehicles is set to explode over the next few decades – and UBS has identified a theme for investors to take advantage of this electrification. UBS said increasing amounts of electronic content in vehicles will lead to new supply chains as automakers increasingly work directly with semiconductor …

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EV Tip: A Public Charging Program Can Work

The second week of July marked EV Week in Canada, with new charging station announcements across the country. It also came months after Toronto announced the official adoption of a street charging pilot program, which was piloted nearly two years ago. This program, which was launched by the City of …

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Report, Auto News, ET Auto

San Francisco: Tesla, the electric vehicle company owned by Elon Musk, is reportedly investigating executive Omead Afshar, the official responsible for overseeing the construction and production of Giga Texas, as part of an internal investigation. The internal investigation centers on the executive’s role in a plan to purchase hard-to-obtain construction …

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Connecticut Adds More Electric Vehicles to List of Rebate Programs | stonington

HARTFORD — Connecticut officials have begun rolling out sweeping new legislation aimed at reducing vehicle emissions, including adding 10 more electric vehicles that will now be eligible for the state’s rebate program. The legislation, which increases funding for the initiative, raises the MSRP cap for eligible purchased and leased battery …

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Twitter flags shortfall, cites Musk takeover uncertainty

WASHINGTON: Twitter reported disappointing results on Friday, a failure that the social network attributed to “headwinds” including uncertainty related to Elon Musk’s takeover bid. The company is locked in a legal battle with Tesla’s mercurial boss over its efforts to pull out of its $44 billion deal to buy the …

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Tesla Semi spotted in Colfax, CA

A Tesla Semi was spotted heading west along Interstate 80 in Colfax, California. The EV automaker appears to have stepped up testing on its Class 8 truck recently. Reddit user u/bookseller shared a short clip of the Tesla Semi crossing I-80 in Colfax. Some Cyber ​​Rodeo attendees recognized the Tesla …

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Jourdan increases its financing by private placement

The northern pegmatite, which had been intersected by historical drill holes from 1958, has now been confirmed by drilling over a strike length of over 200 metres. We have continuously expanded the known size of the northern pegmatite, the existence of which was confirmed by our fall 2021 drilling campaign, …

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Colorado to receive $57 million in federal funds to expand electric vehicle charging network

COLORADO SPRINGS, Colo. (KRDO) – The Federal Highway Administration announced this week that it will allocate $57 million to Colorado to build more fast chargers and electric vehicle charging stations. “Colorado is a leader in this area,” said Kay Kelly, chief of innovative mobility for the Colorado Department of Transportation. …

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Will Florida’s Improved Electric Vehicle Infrastructure Convince People to Buy an Electric Vehicle?

The Department of Energy reported that electric vehicle sales increased 85% nationally between 2020 and 2021. Florida ranks second behind California with nearly 96,000 electric vehicles registered, compared to 58,000 a year ago. Electric vehicles represent only about one percent cars on Florida roads. Along with the high price of …

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Twitter and Elon Musk will face off in court in October after Tesla boss loses bid to delay trial

Elon Musk lost his fight to delay Twitter’s lawsuit against him as a judge called a trial in October on Tuesday, citing the ‘cloud of uncertainty’ over the social media company after the billionaire backed out of a deal to buy it. Twitter wants the billionaire to keep his April …

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Creative Bus Sales orders its first thousand Ford electric vans in Forest River

News and research before you hear about it on CNBC and others. Claim your one week free trial for StreetInsider Premium here. INDIANAPOLIS, July 19 28, 2022 (GLOBE NEWSWIRE) — Creative Bus Sales, the nation’s largest bus dealership, announced the purchase of the first thousand new Ford E-Transit vans from …

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Richard Mearns: Electric vehicles reduce emissions | Columnists

Some skeptical readers have wondered if electric vehicles, or EVs, are really cleaner than gasoline-powered cars when considering CO2 emissions across production/use cycles. Since this is an important question, I did some research on the subject. All of the studies I found were consistent with the conclusion that, throughout the …

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Self-driving cruisers stopped and blocked in San Francisco • The Register

In short Weeks after Cruise launched its self-driving, driverless taxis to the public in San Francisco, numerous vehicles mysteriously piled up and blocked several lanes of traffic entering downtown. Apparently a bunch of driverless Cruise vehicles were "stuck" blocking an intersection for "a couple of hours" the other night, according …

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BitNile subsidiary TurnOnGreen has received state, federal and utility certifications for its electric vehicle chargers

LAS VEGAS, July 18, 2022–(BUSINESS WIRE)–BitNile Holdings, Inc. (NYSE American: NILE) today announced that its green energy and power supply technology subsidiary, TurnOnGreen, Inc. (“Turn onGreen“), has several level 2 electric vehicles (“VE“) chargers and DC fast chargers approved for rebate by the California Electric Vehicle Infrastructure Project (“CALe-VIP“) and …

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EVx 2022: Experience BMW electric vehicles and plug-in hybrids and enjoy cash rebates and low interest rates; July 23-24, town of Setia

What’s all the hype for electric cars? Why have electric vehicles become essential in the automotive industry? Is it just a passing fad? All are legitimate questions, and the 2022 paultan.org Electric Vehicle Expo (EVx) aims to answer them all by bringing automakers, ecosystem players and electric vehicle owners together …

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Automakers look South to build electric vehicle batteries

Hauke-Christian Dittrich/photo alliance via Getty Images (NEW YORK) – You won’t find many electric vehicles on the back roads of Alabama and Tennessee, but thousands of residents in those states are building them to meet growing demand. Automakers such as Mercedes-Benz, Ford and Volkswagen are investing billions of dollars in …

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