The European Commission investigates the Chinese EV sector, including global brands like Tesla and BMW, to determine if they are unduly benefiting from state subsidies. The outcome could impact Europe’s EV industry.
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January 1, 2023 brought a revised federal tax credit of up to $7,500 for US consumers who are considering purchase of electric vehicles. Unfortunately, for
California has filed a lawsuit against multiple major oil companies including Exxon Mobil and Shell, accusing them of misleading the public about climate change and contributing to environmental disasters.
Rivian’s CEO challenges companies’ deceptive environmental claims, advocates for authentic renewable energy progress, and emphasizes the role of virtual power purchase agreements in driving change.