On May 8th, Tesla published its Q1 results, showing a profit for the first time ever in the company’s history. In a letter to shareholders, the company announced a profit of $11.2 million (on a GAAP basis) with record sales of $562 million, up 83% over the prior quarter.
Author: Phil Covington
A company such as Shell has to operate on the basis of where the technical skills are and drive the objective of CO2 reduction in a way that has the most impact according to those technical capabilities. Shell believes to achieve real carbon reductions over several decades, their best contribution is to increase the balance of natural gas over other fossil fuels.
Unlike many e-bike manufacturers who modify an existing bike platform and bolt on off-the-shelf wheel-hub motors and battery packs, Specialized’s engineers explained with the Turbo, they needed to design their bike from the ground up in order for it to align with the company’s performance-focused brand.
A recent report states that, “The five-year mean global temperature has been flat for a decade.” So does this mean climate change is less of a problem than climate science has suggested? Not really.
The NHTSA estimated in its January 2013 recommendations that, “If this proposal were implemented, there would be 2,800 fewer pedestrian and pedal cyclist injuries over the life of each model year of hybrid cars, trucks and vans and low speed vehicles, as compared to vehicles without sound.”
EVELO founder, Boris Mordkovich, continues his quest to get the word out about electric bicycles, by kicking off the 30-day electric bike challenge beginning on May 1st. Applicants will have a chance to give up their car, receive an e-bike for a month, and in return write a blog about their experiences on the company’s web-site.
Despite abandoning the accelerator model, far from backing away from promising young businesses, Greenstart plans to make investments in 10 to 12 “clean-web” companies this year, making them one of the most active investment entities operating in this space. The firm sees massive growth potential in energy and resource markets going forward.
Boeing has found that demonstrations [in partnership with airlines] helps accelerate focus on technology, and give a sense of urgency in developing environmentally progressive technologies.
Scoot Networks will now rent you a zippy electric Scooter, providing an urban mobility solution designed to be easy, cheap and fast as well as fun and sustainable.
RidePal was founded a little over a year ago, with the goal of bringing company shuttle services to people working for smaller organizations who are unable to hop on an in-house provided bus.
The success of electric vehicles will not be determined by looking at monthly sales figures or even on a quarterly earnings. Some things are working, some things are not, and some things need to be viewed in the context of changing consumer preferences and technological progress.
Last week, a team of two cyclists, Boris Mordkovich and Anna Mostovetsky, began a two and a half month, 4,000 mile ride across America on a pair of electric-assisted bicycles, to promote an awareness of electric bikes as an alternative form of transport, and to prove that their machines are a reliable and efficient way to get around.
March sales for the Volt were 2,289 vehicles, an increase of 123.8 percent over February – and stronger than the third best non plug-in gasoline-hybrid vehicle.
Funds came from GM’s foundation, not GM the car company itself. This distinction is important, since in the interests of good governance, Mr Akerson is not permitted to sit on the board of the foundation as well as being CEO of General Motors. The point he wished to convey: GM itself is not culpable in funding climate change denial.
many big changes [ in clean-tech] come in the second chapter we are now in, where software and IT will be critical; it’s now about the “energy internet.” This involves innovations around using energy more efficiently: How do you move it around? how do you push energy back to the grid? and how do you start making money? “IT has the ability to unlock the big changes.”