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Latest News

Chairman Thompson, 47 Democratic Cosponsors Introduce GREEN Act

Chairman Thompson, 47 Democratic Cosponsors Introduce GREEN Act

Thursday, June 25, 2020

Washington – Today House Ways and Means Select Revenue Measures Subcommittee Chairman Mike Thompson (CA-05) and 47 Members of Congress announced the introduction of Thompson’s Growing Renewable Energy and Efficiency Now (GREEN) Act. This legislation, the principles of which were first unveiled last November, works to tackle the threat of climate change through the tax code. This includes an unprecedented extension and expansion of renewable energy use to help reduce greenhouse gas emissions

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Reviving Lordstown: An electric pickup truck startup brings back an old GM plant

Reviving Lordstown: An electric pickup truck startup brings back an old GM plant

Thursday, June 25, 2020

Washington, DC (CNN)A small Ohio automotive startup is drawing national attention for its new electric pickup truck. If the vehicle, Lordstown Motors' first and only product, proves to be a hit, itcould reshape the auto market and help revive a languishing Rust Belt town. But questions linger about whether the newcomer can deliver on its goals.

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DOE Announces New Lab Consortia to Advance Hydrogen and Fuel Cell R&D

DOE Announces New Lab Consortia to Advance Hydrogen and Fuel Cell R&D

Tuesday, June 23, 2020

WASHINGTON, D.C. – Today, the U.S. Department of Energy (DOE) announced the intention to invest up to $100 million over five years in two new DOE National Laboratory-led consortia to advance hydrogen and fuel cell technologies research and development (R&D). This funding is subject to appropriations.

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Argo AI, Volkswagen AG close $2.6 billion autonomous-vehicle tech deal

Argo AI, Volkswagen AG close $2.6 billion autonomous-vehicle tech deal

Tuesday, June 2, 2020

Self-driving software company Argo AI said Tuesday that it's closed on a $2.6 billion deal with German automaker Volkswagen AG to partner on autonomous-vehicle technology.

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Buffett-backed BYD to supply EV batteries to Ford

Buffett-backed BYD to supply EV batteries to Ford

Monday, June 1, 2020

BEIJING (Reuters) - Chinese electric vehicle (EV) maker BYD Co Ltd 002594.SZ, 1211.HK will supply EV batteries to U.S. automaker Ford Motor Co F.N, a document on the website of the Ministry of Industry and Information Technology showed on Monday.

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Led by Tesla, electric vehicle sales are predicted to surge in 2021

Led by Tesla, electric vehicle sales are predicted to surge in 2021

Friday, May 29, 2020

A new report by Cairn Energy Research Advisors, a research firm focused on the battery and EV industries, predicts a surge in electric vehicle sales in 2021 as countries around the world push new programs to encourage consumers to buy battery powered vehicles.  Cairn estimates global sales of EVs in 2021 will jump 36% and top 3 million vehicles for the first time ever.

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Battle between Trump and California over car pollution heads to court

Battle between Trump and California over car pollution heads to court

Wednesday, May 27, 2020

California and nearly two dozen other states on Wednesday filed suit against the Trump administration, arguing that its decision to weaken fuel efficiency standards for cars and trucks puts the public’s health at risk and is based on flawed science.

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France deploys $8.8 billion to rescue ailing car industry

France deploys $8.8 billion to rescue ailing car industry

Tuesday, May 26, 2020

France’s government is injecting more than 8 billion euros ($8.8 billion) to save the country’s car industry from huge losses wrought by virus lockdowns, and wants to use the crisis to make France the No. 1 producer of electric vehicles in Europe.

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Timing right for Volkswagen Chattanooga's restart, CEO says

Timing right for Volkswagen Chattanooga's restart, CEO says

Thursday, May 21, 2020

Two months to the day after Volkswagen closed its Chattanooga plant amid the COVID-19 outbreak, the factory's CEO said Thursday that the timing is right for restarting operations.

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U.S. auto industry returns to life after lockdown

U.S. auto industry returns to life after lockdown

Monday, May 18, 2020

The Detroit Three automakers and their suppliers began restarting assembly lines on Monday after a two-month coronavirus lockdown in a slow revival of a sector that employs nearly 1 million people in the United States.

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