ChargeScape is one way automakers are trying to smooth the transition to electric vehicles by shoring up the nation's power grid and saving drivers money on charging.
Why it matters: As electric vehicle ownership grows, charging risks putting an extra strain on the grid at certain times of the day. Imagine turning that problem around by using EVs to support the grid during peak demand instead.
Tesla's Supercharger network has long been the gold standard for EV charging, but Ionna, a new network backed by eight major automakers, is raising the stakes.
Why it matters: With Ionna, the carmakers' goal is to build a rival charging network that offers faster charging and unique amenities.
EVs are slated to reach one-fourth of global car sales this year despite trade and policy question marks, the International Energy Agency said Wednesday.
Why it matters: The growth in cars — and, to a lesser extent, big trucks and other heavy vehicles — is affecting oil demand, the new report finds.
Senate GOP Whip John Barrasso urged his colleagues in a closed door lunch on Tuesday to ignore the GAO and Senate rule keeper to undo a California energy policy, Axios has learned.
Why it matters: Majority Leader John Thune (R-S.D.) did not announce any final decision. But Barrasso (R-Wyo.) told reporters after the meeting that the Senate will vote on the controversial measure next week.
General Motors aims to deploy the industry's first lithium manganese-rich (LMR) batteries on its next-generation electric trucks and SUVs, tapping an alternative chemistry that it claims will provide more energy at a lower cost.
Why it matters: The biggest barriers that prevent truck customers from buying an EV are their limited driving range and high prices, GM says.
A major EPA climate grant program in the Inflation Reduction Act would create tens of thousands of jobs and nearly $24 billion in additional wages over the next six years, new analysis first viewed by Axios finds.
Why it matters: The study by Energy Innovation — a firm that backs strong CO2-cutting policies — lands as Capitol Hill Republicans look to end the $27 billion Greenhouse Gas Reduction Fund.
A startup using AI to guide geologic exploration believes it has found a major Australian deposit of indium, a rare metal used in solar panels, LCD screens and semiconductors.
Why it matters:Earth AI's location of what appear to be commercial concentrations shows applications for AI in the mining sector.
A climate change-related lawsuit against Exxon Mobil and Suncor Energy that alleges the oil giants "intentionally misled the public" on the impacts of their fossil fuel products can proceed, Colorado Supreme Court ruled on Monday.
Why it matters: The 5-2 ruling declining to dismiss the suit after finding that federal law doesn't prohibit the City of Boulder and Boulder County's claims marks only the second time a state Supreme Court has allowed such a case to proceed.
