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General Motors’ battery joint venture Ultium Cells will produce next-generation LMR prismatic battery cells at its Tennessee facility, marking the first global commercial production of the technology.
Hybrid electric vehicle sales increased to 16% market share in the third quarter of 2026, while battery electric and plug-in hybrid sales declined significantly following federal tax credit expiration in September 2025.
Climate policy economics have shifted as renewable energy and electric vehicles became cost-competitive with fossil fuels, altering calculations for countries deciding whether to transition away from traditional energy sources.
An EU study projects that requiring electric company cars and limiting subsidies to Made-in-EU vehicles could generate 344,000 jobs and €18 billion in additional investment by 2030.
A new framework categorizes electricity grid flexibility resources by specific operational needs—such as managing peaks, local constraints, or multi-day stress—rather than treating all flexible capacity as interchangeable.
Solar power deployment in Texas and California has driven wholesale electricity prices down by 42-51% over five years, according to industry research, while generating billions in ratepayer savings despite political divisions.
