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It announced a $4.6 billion investment in electric alternatives during a 2022 investor presentation with the goal of having hybrid and fully electric vehicles make up 60% of their portfolio by 2026.
Ferrari won't have its first fully electric model ready until after 2025 as the battery technology requires more development, Chief Executive Louis Camilleri said, pushing back expectations.
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2001 Cadillac de Ville used by George W. Bush; 2005 Cadillac DTS Presidential State Car, used by George W. Bush and Barack Obama. 2009 Cadillac "Cadillac One", used by Barack Obama and Donald Trump. 2011 Ground Force One, a Prevost Car chassis-based bus used by Barack Obama. 2018 Cadillac used by Donald Trump and Joe Biden.
The Obama Administration finalized a new regulation that would require commercial trucks, vans, and buses produced in the years 2014–2018 to be tested for national fuel economy and greenhouse gas emission standards. Barack Obama has also made investments to manufacture efficient batteries for hybrid and electric vehicles.
In his 2011 State of the Union Address, President Obama called for a goal, "By 2035, 80 percent of America's electricity will come from clean energy sources." [14] In January 2017, President Obama published an article arguing that private-sector incentives will help drive decoupling of emissions and economic growth.
The goal of the FreedomCAR and Fuel Partnership was the development of emission- and petroleum-free cars and light trucks.It focused on the high-risk research needed to develop the necessary technologies such as fuel cells and advanced hybrid propulsion systems to provide a full range of affordable cars and light trucks free of foreign oil and harmful emissions without sacrificing freedom of ...
Ferrari NV (NYSE:DAVA) CEO Benedetto Vigna has enormous expectations from its electric supercar debut, similar to those of its existing blockbuster combustion-engine models. The company looks to ...