Jan 18, 2018

Ford to invest $11bn in electric vehicle development

Ford
Electric Vehicles
Automotive
Sophie Chapman
2 min
Ford to invest in EV
Ford, the US automotive manufacture, has announced its plans to invest US£11bn into electric vehicle (EV) development. Th...

Ford, the US automotive manufacture, has announced its plans to invest US£11bn into electric vehicle (EV) development.

The firm aims to develop a wide range of EVs by 2022, with plans for 40 new EV models.

In the next four years, Ford will develop and globally market 16 fully battery electric-powered vehicles, with the remaining 24 vehicles using hybrid electric drive trains – combining electric power and gasoline.

Following the appointed of Jim Hackett as CEO of the company, Ford has made several moves towards an EV future.

In 2015, the firm announced they would be investing $4.5bn into the industry, which has only increased due to the market and technology developments.

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Mr Hackett also reported that Ford would be cutting costs of $14bn over a five year period, as part of its transition into EV and hybrid cars.

“We are actively evolving our position to be more competitive,” commented Jim Farley, Executive Vice President of Ford.

“At the highest level, we need to narrow our full lineup of nameplates to a more focused lineup that delivers stronger growth, less risk and better returns.”

“We are repositioning the company to offer best-in-class, human-centered vehicles and mobility services. That’s our vision.”

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May 13, 2021

All but two UK regions failing on school energy efficiency

schools
energyefficiency
Renewables
Dominic Ellis
2 min
Yorkshire & the Humber and the North East are the only UK regions where schools have collectively reduced how much they spend on energy per pupil

Most schools are still "treading water" on implementing energy efficient technology, according to new analysis of Government data from eLight.

Yorkshire & the Humber and the North East are the only regions where schools have collectively reduced how much they spend on energy per pupil, cutting expenditure by 4.4% and 0.9% respectively. Every other region of England increased its average energy expenditure per pupil, with schools in Inner London doing so by as much as 23.5%.

According to The Carbon Trust, energy bills in UK schools amount to £543 million per year, with 50% of a school’s total electricity cost being lighting. If every school in the UK implemented any type of energy efficient technology, over £100 million could be saved each year.

Harvey Sinclair, CEO of eEnergy, eLight’s parent company, said the figures demonstrate an uncomfortable truth for the education sector – namely that most schools are still treading water on the implementation of energy efficient technology. Energy efficiency could make a huge difference to meeting net zero ambitions, but most schools are still lagging behind.

“The solutions exist, but they are not being deployed fast enough," he said. "For example, we’ve made great progress in upgrading schools to energy-efficient LED lighting, but with 80% of schools yet to make the switch, there’s an enormous opportunity to make a collective reduction in carbon footprint and save a lot of money on energy bills. Our model means the entire project is financed, doesn’t require any upfront expenditure, and repayments are more than covered by the energy savings made."

He said while it has worked with over 300 schools, most are still far too slow to commit. "We are urging them to act with greater urgency because climate change won’t wait, and the need for action gets more pressing every year. The education sector has an important part to play in that and pupils around the country expect their schools to do so – there is still a huge job to be done."

North Yorkshire County Council is benefiting from the Public Sector Decarbonisation Scheme, which has so far awarded nearly £1bn for energy efficiency and heat decarbonisation projects around the country, and Craven schools has reportedly made a successful £2m bid (click here).

The Department for Education has issued 13 tips for reducing energy and water use in schools.

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