By Pawel Wroblewski, CFA Director, Portfolio Manager, ClearBridge Investments
Consensus expectations for electric vehicle (EV) sales have been – and remain – too low. The falling costs of rechargeable batteries promise to be increasingly disruptive to traditional internal combustion engine (ICE) platforms. With cheaper batteries, even traditional automakers can offer better EVs.
Employees at General Motors' Orion Assembly plant recently held a homecoming ceremony for a very special Chevrolet Bolt EV. Pun intended, this locally-built EV was charged with traveling cross-country as part of the New American Road Trip, an 11-day, nearly 4,000-mile journey from the San Francisco Global Climate Action Summit to New York’s annual Climate Week.
Energy provider works with General Motors to promote Smart Charging
JACKSON, Mich., September 26, 2018 /3BL Media/ – Consumers Energy yesterday announced plans to provide more electric vehicles for its employees -- a major step toward a clean energy future for Michigan.
Consumers Energy President and CEO Patti Poppe said yesterday morning that the company is now buying or leasing electric vehicles instead of purchasing new sedans that rely on gasoline. Poppe and an official from General Motors also announced the start of a pilot program to test smart charging for electric vehicle owners.
Energy Provider Also Works with General Motors to Promote Smart Charging
JACKSON, Mich., Sept. 26, 2018 /3BL Media/ – Consumers Energy has announced plans to provide more electric vehicles for its employees -- a major step toward a clean energy future for Michigan.
Consumers Energy President and CEO Patti Poppe said this morning that the company is now buying or leasing electric vehicles instead of purchasing new sedans that rely on gasoline. Poppe and an official from General Motors also announced the start of a pilot program to test smart charging for electric vehicle owners.
Driven by new tech and a growing commitment to sustainability, companies are managing more DER than in the past
Maturing technologies and a growing emphasis on energy efficiency and sustainability are leading organizations to manage more DER than in the past. Bolstered by more financial and mechanical flexibility behind the meter, companies are becoming increasingly energy independent and investing more in alternative generation, storage and energy efficiency.
SCE is partnering with Plug In America to help spread the word about incentives and the benefits of going electric.
“The primary difference I notice is acceleration, and how well it transitions from start to stop,” said Los Angeles resident Ken Braziel after test driving the Nissan Leaf and BMW i3. “And how quiet it is. It’s amazing.”
“I drive a zero-emissions car. It’s super fun to drive … I’ll never go back to a gas-powered engine,” said Nancy Dolan, whose electric vehicle lease is about to expire.
Grid modernization is gearing up, with several states leading the charge
Grid modernization is getting into gear across the country as electric utilities continue to work to automate distribution and smarten the grid. Buoyed by validating data, states such as California, New York, Illinois and Massachusetts are leading the way, providing blueprints for other regions to follow.
Black & Veatch director of smart cities business development chosen for expertise in urban sustainability, innovation
OVERLAND PARK, Kan., September 13, 2018 /3BL Media/ – As an authority on urban sustainability, technology and innovation, Black & Veatch’s Steph Stoppenhagen valued the yearly “Meeting of the Minds” as a preeminent platform for ideas about how cities can do things smarter and better for their citizenry. Now, she’s getting the chance to make a broader imprint on that thought leadership and knowledge-sharing.
As Walmart continues to seek to provide convenient services for its customers and contribute to reducing emissions in the communities where it operates, the retailer announced on Wednesday the installation of eight Electrify America electric vehicle (EV) charging stations at its Ooltewah Supercenter at 5588 Little Debbie Parkway. The EV chargers are Walmart’s first in the state, and are operational and ready for customers to use.
Following a simple “plug-pay-charge-go” sequence, users are guided through their experience by the 15-inch touchscreen on each charger.
Renewables give big companies greater cost controls, reduced carbon footprints
It’s been a headache-inducing nexus of active regulation, distributed energy and environmentalism for some electric utilities. Plunging costs of solar power and growing concerns of climate change are inspiring swelling ranks of the largest private and Fortune 500 companies pursuing not only aggressive renewable energy goals for sustainability purposes but also cost effectiveness and resiliency.