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This year two “EVs” repeatedly made headlines — environmental voters and electric vehicles. When we look back in 2035, by which time we should have converted completely to renewable energy, 2020 could be seen as the year when the auto industry fully committed to the transition to electric vehicles and trucks. Despite the fact that some car companies backed President Trump’s rollback of the “clean car rule” that seemed to undercut the push for electric vehicles, most of the big car companies began to plan for their fleets to transition to electric vehicles. Some companies like Ford, Volvo, VW, and Mercedes made a bigger bet than others, and Ford publicly committed to stick with California and continued to move ahead with plans for cleaner cars, pushed by Tesla and other new car companies trying to break through.
Why? There were several reasons for this new interest in electric vehicles.
First, investment in electric vehicles and their components and infrastructure continue to grow in spite of the pandemic and economic downturn, not to mention the infancy of the market.According to MarketWatch.com, there is “sky high” investor interest in clean energy and electric vehicle companies using a new form of initial public offering (IPO) in which investors merge with a company and take it public immediately. Tesla is the new Apple when it comes to stocks, apparently. For example, according to Axios, “Rivian closed a $2.5 billion funding round ahead of the production launch next year of its SUV, pickup, and delivery vehicles for Amazon,” and “Karma Automotive, which is in the early stages of producing a plug-in hybrid sports car, has raised another $100 million.”
by Amy Lupica, ODP Staff Writer Devastating wildfires in the world’s coldest region have led scientists to declare an “airpocalypse.” Siberia is being plagued by toxic fumes and wildfire smoke so thick that flights were suspended last week due to low visibility. 3.7 million acres of Northeastern Siberia have been destroyed, and with no end in sight, experts are […]
by Amy Lupica, ODP Staff Writer The Bootleg fire in Southern Oregon has grown so large and so hot that it’s creating its own weather. You read that right; the Bootleg fire is disrupting wind patterns, causing fire to spread faster, and has even caused its own lightning. This development has presented an additional hardship for […]
In the U.S., about 100,000 deaths occur each year due to exposure to ambient air pollution – before the COVID-19 pandemic, this represented about 1 in 25 deaths. Air pollution is a ruthless killer that can even harm the development of babies while they’re still in the womb. That’s why it was important that the […]
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