From decarbonizing fishing vessels to supporting cutting-edge maritime research, the ocean carrier says it wants to contribute to "a cleaner tomorrow for oceans."

The hub will include an EV plant, a battery plant, and a processing plant for the key materials needed to make batteries.

The latest advances in battery recycling, including by leading U.S. battery recycler Redwood Materials, are shrinking EVs’ footprint.

The auto manufacturer reported nearly $3 billion of profit in Q1, a 24% increase from that period in 2023.

Nearly 70% of those surveyed say they saw a "sizable decrease in operating expenses" after implementing sustainability measures.

While welcome from a sustainability perspective, the shift to electric vehicles creates challenges for companies that supply traditional components and the original equipment manufacturers that rely on them.

Yellen had previously expressed concerns that China's surplus of green technology exports could be hurting American manufacturers. 

Ford shared that it will be "retiming" its planned EV launches at its Ontario plant, while pivoting toward a focus on hybrid offerings. 

The smartphone company will look to challenge Tesla's status as one of China's most popular EV manufacturers.

China's surplus of solar power, electric vehicles, and lithium-ion batteries allows them to ship those products to other countries at lower rates.