Tag: United States
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Stellantis and Samsung SDI second gigafactory in the U.S.
An ambitious step towards energy-efficient transportation Stellantis and Samsung SDI are pushing forward their joint venture, StarPlus Energy, with the announcement of a second gigafactory in the United States. Scheduled to start production in 2027, the facility will initially produce 34 gigawatt hours (GWh) annually. “This new facility will contribute to reaching our aggressive target…
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Electric cars accelerate toward dominance
Booming demand for electric vehicles, driven by policy and innovation, is set to reshape the auto industry and energy markets With electric car sales projected to jump 35% this year after a record-breaking 2022, the global auto industry is undergoing a massive transformation. As electric cars become increasingly popular, they are reshaping energy consumption patterns…
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New wind and solar are cheaper than the costs to operate all but one coal-fired power plant in the United States
New analysis shows that renewables beat existing coal plants 99 percent of the time, thanks to long-term trends and an assist from the Inflation Reduction Act. This article originally appeared on Inside Climate News, a nonprofit, independent news organization that covers climate, energy and the environment. It is republished with permission. Sign up for their…