Green Jobs

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Nissan Motor Company CEO Makoto Uchida has announced a $250 million investment in the company's US powertrain plant in Decherd, Tennessee, to support the electrification of its lineup.


While Uchida did not say when the investment will happen or detail what exactly it is for, he described the move as part of Nissan's stepped-up US electrification plans as EVs become increasingly popular in America and government initiatives support that demand.

The Decherd investment boosts Nissan's new commitments to US electrification to $750 million after last year's announcement of a $500 million investment to retool its Canton, Mississippi, assembly plant to build two all-electric sedans.

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Hyundai Motor Company, which owns the Hyundai, Kia, and Genesis brands, announced it will invest 10.5 trillion won ($8.5 billion at the current exchange rate) this year on further expanding its electrified range, as well as on its first-ever EV factory in the United States.

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Volkswagen has decided it will manufacture another electric SUV in North America, and it will be smaller than the ID.4, reports German newspaper Handelsblatt.

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Volvo FH Electric semi just made a 3,000 km trip across Europe

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Volvo Reportedly Plans Turning All Its Core Models Into EVs By 2026
Volvo is said to plan the launch of six new EVs through 2026, including next-generation sedans and SUVs and a minivan for Asia.

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Watch the Fully Solar-Powered Yacht 'Tesla of the Seas' Travel the Ocean
Solar-powered yachts are making waves in a traditionally diesel-chugging industry.

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US offshore wind farms raise concerns across fishing industry | Fox Business

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US offshore wind farms raise concerns across fishing industry | Fox Business

One it's Fox News Two It's Fox News Three it's Fox News

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The Energy Department on Thursday tentatively awarded a $2 billion loan to battery recycling company Redwood Materials, which the company says will allow it to produce enough battery materials to enable the production of more than a million electric vehicles a year.

The Nevada-based company said it plans to ultimately ramp up to producing 100 gigawatt-hours annually of ultra-thin battery-grade materials from both new and recycled sources in the United States for the first time.