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BYD Buys Car Distributor in Germany, fueling Push in Europe

Teslarati

BYD Automotive GmbH plans to buy Hedin Electric Mobility, a car distributor in Germany. Purchasing Hedin Electric Mobility will likely strengthen BYD’s position in the European market. According to Reuters , BYD’s purchase deal with Hedin is subject to approval but is expected to close by the fourth quarter of this year.

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United to buy 15 supersonic aircraft from Boom; option for 35 more; optimized for 100% SAF

Green Car Congress

United Airlines announced a commercial agreement with Denver-based aerospace company Boom Supersonic to purchase 15 of Boom’s Overture supersonic airliners, once Overture meets United’s safety, operating and sustainability requirements, with an option for an additional 35 aircraft. Capable of flying at speeds of Mach 1.7—twice

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Rio Tinto launches START: the first sustainability label for aluminum using blockchain technology

Green Car Congress

START will help customers meet the demand from consumers for transparency on where and how the products they purchase are made. Our vision is that our customers can showcase the sustainability of the aluminum they purchase from Rio Tinto to their consumers, delivering full value from our responsible production. Earlier post.).

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Rivian CEO RJ Scaringe buys $1.05M worth of stock

Teslarati

Rivian CEO RJ Scaringe purchased 41,000 shares of the EV manufacturer’s Class A common stocks at an average price of $25.7772. Scaringe’s Rivian stock purchase approximately totaled $1.05 Despite supply constraints, Rivian seems optimistic about the future. Rivian shares are down by 76% year-to-date.

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Mercedes-Benz Cars to build battery factory in Jawor, Poland; ninth in its global network

Green Car Congress

Mercedes-Benz Cars will build a battery factory at the site in Jawor, Poland, and thus extend its global battery production network to nine factories. After the production of high-tech engines, we will establish additional future technology in Poland. It became apparent that building an engine factory in Jawor has been a good decision.

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Nissan, Frost & Sullivan study finds 37% of Southeast Asian consumers open to buying EV

Green Car Congress

Thirty-seven percent of Southeast Asian consumers planning to buy a car are open to purchasing an electric vehicle, according to a Nissan-commissioned study by Frost & Sullivan. Across the region, two out of three consumers identified safety standards as the most important factor if purchasing an electric vehicle.

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USDOT awarding $55M to support purchase of Low-No buses; electric buses and infrastructure

Green Car Congress

Eligible projects included those that replace, rehabilitate, lease, and purchase buses and related equipment as well as projects to purchase, rehabilitate, construct or lease bus-related facilities, such as buildings for bus storage and maintenance. million for hydrogen fuel cell buses. Description. City of Fairfield.

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