Automakers are going green to save money, not just the planet

Feb 5, 2021 · Virtually all of the world’s major automakers are shifting to an all-electric future — and that’s as much about the bottom line as it is the environment.

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Ford Is Investing $1 Billion In Germany As It Goes Electric In Europe …

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Feb 17, 2021 · Related article Automakers are going green to save money, not just the planet Virtually all automakers are making major pushes to convert from traditional internal …

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U.S. Car Makers Are Going Electric And Trying To Change The World …

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Oct 7, 2021 · The new vehicles that are coming from GM are going to have an all-new battery system, and it's going to really run the range from a $30,000 Chevy crossover all the way up to …

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Investors And Buyers: Very Confusing Sustainability Choices In

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Oct 4, 2022 · Per Statistica, the U.S. domestic demand for gasoline increased 30% from 1991 to 2019 and was only dissuaded in 2020 by the pandemic. During that same time, global electric …

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Climate Bill ‘Transformative’ For Auto And Energy Industries

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Jul 29, 2022 · The organization estimates that 103 million families would save money every month, a total of $37 billion a year, just by switching to electric furnaces and water heaters, …

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FAQs about Automakers are going green to save money, not just the planet Coupon?

Will automakers rush to Green their fleets?

Automakers have a history of only meeting the minimum requirements set by the government. There's no reason to think they'll voluntarily make their fleets greener unless the federal government pushes them. As soon as Donald Trump took office, they reneged on their commitments to the Environmental Protection Agency to make cleaner cars. ...

Will automakers sell electric cars by 2035?

Several automakers already have announced electric vehicle sales goals similar to those in the deal with the government. Last week Ford’s CEO said his company expects 40% of its global sales to be fully electric by 2030. General Motors has said it aspires to sell only electric passenger vehicles by 2035. ...

Should we trust automakers to reduce pollution?

Relying on automakers to decrease pollution voluntarily is not effective. Despite their promises, car companies and dealers continue to heavily advertise gas-guzzling pickups and SUVs. To protect our air and climate, the president needs to issue tough new emissions standards. ...

Will the climate bill make electric cars more affordable?

Making electric cars more affordable. For the auto industry, one of the most important provisions in the climate bill would eliminate a cap on how many cars from each manufacturer are eligible for a $7,500 tax credit that taxpayers get for buying electric vehicles. ...

Are electric cars the future?

Demand for electric cars has grown slowly. But the tsunami is coming Virtually all of the world’s major automakers are shifting to an all-electric future — and that’s as much about the bottom line as it is the environment. ...

Are automakers betting their future on a lot of cars?

Automakers are really betting their future on the idea that consumers are going to buy a bunch of these vehicles, even though right now they're a tiny fraction of sales. And this investment is happening before significant support from the federal government has actually materialized. ...