President Biden’s climate czar, John Kerry, admitted Wednesday that the US reducing its emissions to zero wouldn’t make much of a difference in the global climate change fight — before pushing domestic manufacturing of electric cars and solar panels in favor of energy production…
GM Discovers That Government Bailouts Come with Golden Chains Attached…
General Motors recently announced that it will stop production and lay off some 15,000 employees at several U.S. and Canadian facilities. The announcement elicited a predictable outburst of indignation from President Trump. He said in a Twitter tirade that his administration is “looking into cutting all @GM subsidies, including … for electric cars.” That’s a […]
Chinese Investors Sue McAuliffe, Hillary’s Brother, Anthony Rodham, Over Green-Car Investments…
Virginia Governor Terry McAuliffe and former Democratic presidential candidate Hillary Clinton’s brother Anthony Rodham are facing a $17 million fraud lawsuit from Chinese investors in Greentech Automotive, an electric car company that appears to be struggling to survive. A group of 32 Chinese citizens filed the suit last week in Fairfax County, Virginia court, claiming […]
Shell To Start Installing Electric Vehicle Chargers at its Gas Stations…
In a future where the world’s car fleet is rapidly transitioning to electric vehicles, gas stations will be forcefully downgraded to simple convenience stores and consequently, they will lose a significant revenue stream brought in by people stopping for gas but buying something at the convenience store…
Ford Cancels $1.6B Mexico Plant, to Invest $700M at Flat Rock, MI, Plant…
Ford Motor Co. is canceling plans to build at $1.6 billion plant in San Luis Potosi, Mexico, and will invest $700 million at its Flat Rock Assembly Plant to create 700 new jobs there. Flat Rock will get a new manufacturing innovation center, and the factory will be capable of producing electrified and autonomous vehicles, […]
5 Major Automakers Join Forces to Deploy 400 Ultra-Fast Charging Stations for Electric Cars in Europe…
Porsche, BMW, Daimler, ford, ultra fast charging stations, electric cars
Daimler to Invest $11B in Electric Cars…
German firms are investing heavily in electric cars, once shunned for their high cost and limited operating range but now benefiting from recent advances in battery technology and a backlash against diesel fumes. Technological advances to increase the reach of an electric car by up to 50 percent…