$362 Million Loan to CelLink to Support Domestic Manufacturing of Key Electric Vehicle Supply Chain Components

Credit to Author: US Department of Energy| Date: Wed, 24 Apr 2024 16:45:00 +0000

When Finalized, Loan Will Support New Manufacturing of EV Production Technology at Texas Plant—Creating More Than 1,300 Good-Paying Jobs and Supporting President Biden’s Efforts to Build a Clean Transportation Future WASHINGTON, D.C. — As part of President Biden’s Investing in America agenda, the U.S. Department of Energy (DOE) through its Loan Programs … [continued]

The post $362 Million Loan to CelLink to Support Domestic Manufacturing of Key Electric Vehicle Supply Chain Components appeared first on CleanTechnica.

Read more

$17.5 Million to Build Domestic Supply Chain for Critical Minerals & Materials

Credit to Author: US Department of Energy| Date: Wed, 24 Apr 2024 15:58:20 +0000

Funding from President Biden’s Investing in America Agenda Will Develop More Affordable, Sustainable Production Processes, and Create Good-Paying Jobs Throughout the Nation WASHINGTON, D.C.— As part of President Biden’s Investing in America agenda, the U.S. Department of Energy (DOE) yesterday announced $17.5 million for four projects that will help lower the costs and … [continued]

The post $17.5 Million to Build Domestic Supply Chain for Critical Minerals & Materials appeared first on CleanTechnica.

Read more

US oil giants’ profits dip as Exxon deal nears finish line


NEW YORK — ExxonMobil and Chevron both reported a dip in profits Friday on lower refining margins and natural gas prices, but ExxonMobil’s big takeover appears on track to close before Chevron’s. ExxonMobil, which had targeted the second quarter to complete a $60-billion takeover of US shale player Pioneer Natural Resources, reported profits of $8.2 billion, down 28 percent from the year-ago period. Similar results from Chevron showed how the petroleum sector, while off its peak, remains highly profitable, enabling billions of dollars in shareholder payouts. While commodity prices for liquid hydrocarbons rose slightly and ExxonMobil continued to score impressive […]…

Keep on reading: US oil giants’ profits dip as Exxon deal nears finish line

Read more

Honda EV Production Plan For Canada Comes Into Focus

Credit to Author: Steve Hanley| Date: Wed, 24 Apr 2024 15:43:03 +0000

Honda has struck a deal with the governments of Canada and Ontario that will lead to building a battery factory for electric cars.

The post Honda EV Production Plan For Canada Comes Into Focus appeared first on CleanTechnica.

Read more

How To Visit Carlsbad Caverns National Park In Your EV

Credit to Author: Jennifer Sensiba| Date: Wed, 24 Apr 2024 14:49:15 +0000

Southeast New Mexico isn’t always an easy place to visit in an EV. The big thing is that it’s oil country, just like west Texas (a place that’s separated from southeast NM by nothing but an imaginary line). Until just very recently, it was a total EV dead zone, even … [continued]

The post How To Visit Carlsbad Caverns National Park In Your EV appeared first on CleanTechnica.

Read more