Chipotle unveiled an all-electric restaurant concept Tuesday that relies entirely on alternative energy to power its stoves, grills, electric car charging ports and more.
The big picture: The reveal comes as Chipotle and other fast-food chains are under enormous pressure to reduce their carbon emissions.
Watershed, a startup that helps companies analyze and cut their greenhouse gases, is acquiring emissions accounting and data firm VitalMetrics.
Why it matters: It's an increasingly competitive space as demands rise on corporations to better track and report their climate footprints and reduce them.
Federal tax credits for electric vehicle (EV) purchases are about to disappear for many models under newly released IRS rules, but savvy shoppers are finding a workaround by leasing, rather than buying, their new car.
Why it matters: President Biden's effort to expand EV adoption through newly revised tax credits is proving to be unworkable for many of today's models, creating confusion and frustration for automakers, dealers and consumers.
Walmart's plan to dramaticallyexpand its electric vehicle (EV) fast-charger network is a big deal for the country's quickly developing car-charging infrastructure.
Why it matters: 90% of Americans live within 10 miles of a Walmart, the company says — a statistic that underscores Walmart's potential to put fast EV charging within reach of far more drivers, including in underserved areas.
Tesla will open a "Megafactory" in the Chinese city of Shanghai, the electric vehicle maker announced Sunday.
The big picture: The factory "will initially produce 10,000 Megapack" battery units per year, equal to about 40 gigawatt hours of energy storage, to be sold globally, the Chinese state news agency Xinhua first reported on Sunday.
