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US Closes Record $26.5 Billion Loan to Back Southern Company Grid Projects
2+ hour, 40+ min ago (97+ words) The funds will support more than 16 gigawatts of generation and grid upgrades. US Closes Record $26.5 Billion Loan to Back Southern Company Grid Projects The Department of Energy said on Feb. 25 it had closed a record $26.5 billion loan package to support…...
EPA to Reform $5 Billion ‘Clean School Bus’ Program
2+ day, 2+ hour ago (136+ words) Approximately $2.7 billion has been disbursed, with 90 percent going to electric buses. EPA to Reform $5 Billion "Clean School Bus" Program The Environmental Protection Agency (EPA) is revamping the Biden administration"s Clean School Bus (CSB) program, which focused on installing electric…...
Tesla Avoids California Suspension by Dropping ‘Self-Driving’ Claims
4+ day, 16+ hour ago (61+ words) Tesla had marketed its full self-driving feature as essentially an autonomous driving feature. But it still needed supervision. Tesla Avoids California Suspension by Dropping "Self-Driving" Claims Tesla Motors avoided a 30-day suspension of its dealer and manufacturer licenses from the…...
Lucid Motors to Cut 12 Percent of US Workforce
4+ day, 21+ hour ago (89+ words) The company said the move aims to improve efficiency and gross margin. Lucid Motors to Cut 12 Percent of US Workforce Newark, California-based Lucid Motors has started implementing a plan to reduce its U.S. workforce by about 12 percent in an effort to…...
Automakers Pump Brakes on EV Investment as Federal Subsidies Stop
1+ week, 3+ day ago (116+ words) EVs will only grow very slowly from here on out due to a saturated market and lack of consumer demand," an energy analyst said. Automakers Pump Brakes on EV Investment as Federal Subsidies Stop EVs will only grow very slowly…...
US Treasury Releases Guidance on Clean Energy Tax Credit Rules Restricting Chinese-Made Equipment
1+ week, 5+ day ago (110+ words) The guidance is designed to reduce reliance on foreign supply chains. US Treasury Releases Guidance on Clean Energy Tax Credit Rules Restricting Chinese-Made Equipment The U.S. Treasury Department released interim guidance Thursday for enforcing provisions in President Donald Trump's tax reforms…...
EPA Eliminates Credits for Auto Start-Stop Feature in Cars
1+ week, 5+ day ago (117+ words) Automakers will now be motivated to manufacture vehicles based on what Americans "actually want in their cars," the agency said. EPA Eliminates Credits for Auto Start-Stop Feature in Cars The Environmental Protection Agency (EPA) ended a greenhouse gas credit program…...
Macron Blames Renewable Energy for Spain’s National Blackout
1+ week, 6+ day ago (51+ words) Since adopting its Climate Change and Energy Transition Law in May 2021, Spain has committed to achieving climate neutrality by 2050. Macron Blames Renewable Energy for Spain's National Blackout French President Emmanuel Macron has said that Spain's reliance on renewable energy was…...
Ford Posts $11.1 Billion Net Loss in Fourth Quarter as EV Losses, Tariffs Weigh
1+ week, 6+ day ago (144+ words) Ford said ongoing supply disruptions from the Novelis plant fire are expected to affect its operations through the first half of the year. Ford Posts $11.1 Billion Net Loss in Fourth Quarter as EV Losses, Tariffs Weigh Ford Motor Company on…...
DOT Proposes Raising ‘Buy America’ Requirements for Federally Funded EV Chargers
2+ week, 8+ hour ago (92+ words) The Transportation Department said the move would incentivize manufacturers to rapidly shift toward domestic manufacturing. DOT Proposes Raising "Buy America" Requirements for Federally Funded EV Chargers The Department of Transportation (DOT) on Feb. 10 unveiled a proposal to increase the percentage…...
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