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Polestar announces goal of climate-neutral car by 2030

Green Car Congress

Polestar, the premium electric performance car brand founded by Volvo Cars and Geely Holding, has set a goal of creating the first climate-neutral car by 2030. The company made the announcement in its first annual review. Environmental experts have warned that offsetting is not sustainable in the long run. Offsetting is a cop-out.

Climate 389
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Amazon invests in electrofuels company Infinium

Green Car Congress

Infinium, an electrofuels solution provider, announced the close of a funding round bringing together a consortium of investors including Amazon’s Climate Pledge Fund, Mitsubishi Heavy Industries (MHI), AP Ventures, Neuman & Esser, and the Grantham Environmental Trust.

Companies 435
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Canadian company AK Motor International introduces new EV brand: Maple Majestic

Green Car Congress

Canada-based AK Motor International Corporation, an automotive intellectual property management company, is launching a new electric vehicle brand: Maple Majestic. According to AK Motor, many electric vehicles still remain woefully ill-prepared for harsh climates.

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UCL-led study finds climate impact caused by growing space industry needs urgent mitigation

Green Car Congress

The rapidly growing space industry may have a greater climate effect than the aviation industry and undo repair to the protective ozone layer if left unregulated, according to a new study led by UCL and published in the journal Earth’s Future as an open-access paper. The space industry is one of the world’s fastest growing sectors.

Climate 428
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Vaekstfonden and DEUTZ AG invest €15M in methanol fuel cell company Blue World Technologies

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Vaekstfonden, the Danish Growth Fund, and the German engine manufacturer DEUTZ AG, are investing €15 million in methanol fuel cell company Blue World Technologies. The aim is to bring the company’s green fuel cell products and solutions to the global market. million in the company.

Companies 446
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Major companies with large fleets release new EV roadmap for car & truck manufacturers

Green Car Congress

Members of the Corporate Electric Vehicle Alliance presented top vehicle manufacturers, including Volvo, GM, Daimler and Toyota, with a roadmap for developing the types of electric vehicles that companies plan to acquire in the US over the next five years. The analysis was prepared for Ceres by M.J.

Fleet 476
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Germany awarding €600M to transport companies for zero- and low-emission buses

Green Car Congress

Germany is awarding some €600 million to transport companies for the purchase of climate friendly buses. Around 1,700 buses will be procured by the transport companies with this tranche of funding from the new “Directive on the Promotion of Alternative Drives of Buses in Passenger Transport”. Funds of around €1.25