Tag Archives: adoption

We want to lead the adoption of electric vehicles

We want to lead the adoption of electric vehicles

Interim Hertz CEO Mark Fields is jazzed by the company’s big deal with Tesla (which he has secured, despite Elon Musk’s Twitter assertions) and is ready to get to work to rebuild the car rental giant.  “We are excited about the Tesla relationship. It’s all wrapped around our strategy to lead the adoption of electric vehicles,” the former CEO of Ford said on Yahoo Finance Live. Fields is credited with planting the seeds for Ford’s EV pivot prior to his departure in 2017.  Hertz said in late… Source link

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Hydrogen adoption will create ‘lots and lots of jobs’ in the US

Hydrogen adoption will create ‘lots and lots of jobs’ in the US

For 25 years, Plug Power (PLUG) has quietly nudged the U.S. towards hydrogen fuel cell technology. Now, its stars are starting to line up. The hydrogen fuel company announced a string of new partnerships and a major acquisition at its annual symposium Thursday, riding on the momentum of a global push to accelerate the adoption of clean energy. Driving the initiatives is a larger push by the company to churn out 500 tons per day of liquid green hydrogen in the U.S. by 2025 and establish 13 green… Source link

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Buy These 3 Stocks to Benefit From Accelerating EV Adoption, Say Analysts

Buy These 3 Stocks to Benefit From Accelerating EV Adoption, Say Analysts

Electric vehicles have been with us since the dawn of automobiles; several early models a century ago were electrically powered. But the technology involved – in power generation, in batteries, in electric drive motors and power trains, in chassis and body design and materials – is coming into its own now. Today’s electric cars share the same styling as gasoline vehicles, can match or exceed legacy vehicles’ performance, and are rapidly gaining in reliability and battery charge… Source link

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EMERGING MARKETS-Latam currencies weaken as dollar firms, El Salvador’s bitcoin adoption hits snags

EMERGING MARKETS-Latam currencies weaken as dollar firms, El Salvador’s bitcoin adoption hits snags

By Susan Mathew Sept 7 (Reuters) – Latin American currencies weakened on Tuesday as rising U.S. Treasury yields sent the dollar rallying, while El Salvador became the first country in the world to adopt bitcoin as legal tender. The adoption of the cryptocurrency, which will serve alongside the U.S. dollar in the country, suffered teething problems when the government had to unplug a digital wallet to cope with demand. President Nayib Bukele said El Salvador holds 400 bitcoins. He expects the… Source link

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