![]() She didn’t give a date for the hybrid comeback, but said it can happen efficiently because the technology is already being produced in other markets. “But in the interim, deploying plug-in technology in strategic segments will deliver some of the environmental benefits of EVs as the nation continues to build its charging infrastructure,” she said. GM, Barra said, is still committed to eliminating tailpipe emissions from light duty vehicles by 2035. Plug-in hybrids can go a relatively short distance on battery power before a gas-electric propulsion system kicks in. She told analysts on a conference call Tuesday that GM would resurrect the plug-in hybrid powertrains on selected vehicles in North America, in part to help comply with more stringent fuel economy requirements that will start in 2027 in the U.S. Without giving much detail, CEO Mary Barra said the company is bringing back some plug-in gas-electric hybrid models in the U.S., reversing a strategy to focus on electric vehicles. That may be difficult with inventory from all automakers growing to 2.7 million at the end of last year, edging closer to pre-pandemic levels of around 3.5 million. dealers, enough to supply demand but limit discounting. He said GM plans to keep a 50-to-60-day supply of vehicles at U.S. Prices are stable for both internal combustion and electric vehicles, he said, bucking industry trends. “It’s not actually what we’re seeing in the market today,” Jacobson said, adding that average sale prices “are actually holding up very similar to where we saw the end of 2023.” GM has planned for price cuts for the past couple of years, but they haven’t materialized, he said. “I think this is going to live and evolve and grow.Chief Financial Officer Paul Jacobson told reporters that GM is preparing for a 2% to 2.5% average sales price drop on vehicles this year compared to last year as inventory grows amid high interest rates. “We see a path forward around our water conservation, around making sure we have the water availability that we need - driven by science - cleaning up and protecting our water and watersheds,” she said. ![]() ![]() Rebecca Roose, the governor’s senior infrastructure adviser, described the plan as a set of guideposts that can help the state keep moving forward on water policy and infrastructure investments. While it offered an inventory of the state’s needs, critics said it fell short of laying out a concrete path for how to solve New Mexico’s water problems.Īside from addressing antiquated infrastructure, New Mexico’s new plan calls for cleaning up contaminated groundwater, spurring investments in desalination and wastewater treatment, and improving mapping and monitoring of surface and groundwater sources. In 2018, New Mexico rolled out a water plan that included details about policies at the time, historical legal cases and regional water plans. One proposal calls for funneling another $100 million to the state water board to disperse for shovel-ready projects. State lawmakers who attended the governor’s news conference vowed that the budget being hashed out during the current legislative session will include more money for water infrastructure projects. Water from oil and gas drilling can be viable for certain applications, and all industries - including oil and gas - have to reduce their overall use and protect current supplies, the governor said Tuesday. They contend that it will help to encourage more fossil fuel development in what is already the No. Some environmental groups have raised concerns about Lujan Grisham’s plan to underwrite development of a strategic new source of water by buying treated water that originates from the used, salty byproducts of oil and natural gas drilling. “We have the chance here to do both and that’s exactly the path we’re on.” “We don’t need to make that choice between safe drinking water and your business,” the governor said. ![]() She pointed to computer chip manufacturer Intel, which for years has been recycling the water it uses at its factory near Albuquerque. ![]() Lujan Grisham, who is entering her second term, praised residents for existing conservation efforts but said New Mexico has to do better and be more creative about tapping what she called “an ocean of brackish water.” That water, she said, can be used for industrial purposes so that businesses can continue to contribute to the state’s economy while limiting impacts on drinking water supplies. ![]()
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