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Honda secures auto industry’s largest renewable energy purchase; 60% reduction in CO2 from N.A. manufacturing operations

Green Car Congress

Seeking to slash CO 2 emissions from its North American manufacturing operations, Honda has entered into long-term virtual power purchase agreements (VPPAs) for renewable wind and solar power that will cover more than 60% of the electricity that Honda uses in North America. To date, Honda has installed 7.3

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Audi funding expansion of renewable energy to increase the number of charging stations in Europe that use green power

Green Car Congress

The aim is to work with these different partners to build new wind and solar farms in various European countries by 2025, which together are expected to generate around 5 terawatt hours of additional green power. This corresponds to an installed capacity of about 250 new wind turbines.

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Honda targeting 100% BEV & FCEV sales in N America by 2040; new e:Architecture EVs coming in second half of this decade

Green Car Congress

Including hybrid-electric vehicles, it will strive to electrify 100% of its automobile unit sales in Japan by 2030. Honda is formalizing its goals for achieving carbon neutrality for all products and corporate activities by 2050, as well as zero traffic collision fatalities involving Honda automobiles and motorcycles globally by 2050.

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BNEF: EV company fundings bright spot as clean energy investment slips in Q3 quarter; 3 China EV companies raise $1.9B

Green Car Congress

The slip in the July-September quarter leaves clean energy investment for the year so far running a modest 2% below that in the first nine months of 2017—leaving open the possibility that 2018 as a whole will end up matching last year’s total, particularly if a few more multibillion-dollar offshore wind deals are concluded before Christmas.

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GM commits to 100% renewable energy by 2050

Green Car Congress

General Motors plans to generate or source all electrical power for its 350 operations in 59 countries with 100% renewable energy—such as wind, sun and landfill gas—by 2050. In addition, the company anticipates costs to install and produce renewable energy will continue to decrease, resulting in more bottom-line returns.

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BMW Group plants stepping up activities in balancing-power market to contribute to grid stability

Green Car Congress

Electricity generation from variable renewable electricity sources (VRE) such as wind and solar power has grown rapidly and is expected to continue to do so. This is necessary because power generation from renewable energies depends on availability of sun and wind and can therefore only be controlled to a limited extent.

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Fossil Fuels Renewable Energy and EV Modern Life

Setec Powerr

Current versions of renewable energy such as solar cells and windmills do far less damage to the environment than oil rigs, fracking, and strip mining, but they do damage the environment. Windmills can harm migrating birds, and solar cells require toxic substances to be manufactured. Environmental Protection Agency (EPA).