Also in a nutshell: Tesla’s first report on the impact of diversity, equity and inclusion shows that the US leadership of the Elon Musk-led EV pioneer is 83% men and 59% white. Joe Biden weighs the 25% China import duty. Some Cadillac dealers are choosing not to invest in an EV future.
December 7, 2020
Tesla – Kapaia – 17 MWDC + 13 MW / 52 MWh solar + storage
Energy transition SPAC Spreadsheet by Kevin Stevens.
Tesla’s first report on the impact on diversity, equity and inclusion shows that the US leadership of the Elon Musk-led EV pioneer is 83% men and 59% white. (The Verge)
Ørsted has made a final investment decision 430 MW solar Center the projectØrsted is located in Fort Bend County, 37 miles from Houston, Texas and is expected to go online in the second quarter of 2022. Construction across onshore wind, solar PV and storage. The project will create a reliable source of income for family farms who lease their land for the project. The Old 300 Solar Center will cover 2,800 acres and use approximately 1 million bifacial modules supplied by JA Solar and LONGi Solar. Inverters are supplied by SMA America. Source: SEI
Joe Biden on the China tariff: On China, he said he would not act immediately to remove the 25% tariffs Trump introduced on roughly half of Chinese exports to the US – or the Phase 1 deal that Trump has with China signed, obliging Beijing to buy an additional $ 200 billion in U.S. goods and services in 2020 and 2021 – to which China has fallen significantly. “I’m not going to take any immediate steps, and that goes for tariffs too,” he said. “I will not interfere with my options.” He would like to begin with a full review of the existing deal with China and consult with our traditional allies in Asia and Europe, he said, “so that we can develop a coherent strategy.” Source: New York Times
Some Cadillac dealers are choosing not to invest in the future of electric vehicles: Approximately 150 Cadillac dealerships are choosing to buyouts from General Motors Co. rather than investing thousands in supporting electric vehicles, the Wall Street Journal reported Friday. Cadillac’s 880 U.S. dealerships were told in September that they would need to invest $ 200,000 in transitional dealerships for upcoming electric vehicles. The dealer network had until November 30th to make a decision on whether to buy out. About 17% of Cadillac dealers accepted the takeover bid, the Journal reported on Friday, citing anonymous sources. Cadillac, GM’s flagship electric brand, plans to sell more vehicles that run on electricity than fossil fuels by the end of the decade. Source: The Detroit News
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