Current Climate brings you the latest news about the business of sustainability every Monday. Sign up to get it in your inbox. getty The Biden years saw the sharpest increase in U.S. investment in clean energy and clean transportation in the country’s history, creating the potential for sizable future progress toward reducing climate-warming emissions and
Troubled Nissan Banks On Its Hybrid Tech For A Turnaround Money-losing Japanese automaker Nissan is banking on its latest e-Power technology for a turnaround. A kind of hybrid, e-Power comes equipped with both an electric motor and gasoline engine, much like the Toyota Motor Corp. Prius. It’s different from a Prius in that it doesn’t
New Delhi: Hybrid vehicles have complemented the growth of electric vehicle sales in India rather than competing with the latter, according to a report by HSBC Global Research. Reiterating that the Indian automotive landscape will remain a multi-powertrain industry over the medium to long term, HSBC Global Research said hybrids, CNGs, and biofuels are practical
Akash Sriram and Abhirup Roy | Reuters Musk to shift focus from DOGE to Tesla after profits plunge Elon Musk told investors he will refocus on Tesla and begin scaling back his involvement with the Department of Government Efficiency (DOGE) in May. unbranded – Newsworthy Tesla investors breathed a sigh of relief after CEO Elon Musk said he would refocus his
Akash Sriram | Reuters Elon Musk pauses Tesla orders in China amid trade war Tesla has paused new orders for its Model S and Model X vehicles in China, following the US decision to impose 145% tariffs on Chinese imports. The move signals early fallout from President Trump’s escalating trade war. unbranded – Newsworthy Tesla TSLA.O investors
New Delhi: Power Finance Corp. (PFC) and Indian Renewable Energy Development Agency (IREDA) are considering a plan to auction the electric vehicles (EVs) that financially troubled Gensol acquired by taking loans from the two public sector financial institutions, said people aware of the matter. Gensol’s EVs were leased to ride-hailing service BluSmart. Gensol and BluSmart