Difficulties in definition continue to thwart efforts to demonstrate the financial benefits of sustainable investments. Sustainable fund flows attracted US$37 billion of net new money in Q4 2022, with global sustainable fund assets reaching a total of US$2.5 trillion by end of the year, according to data and research provider Morningstar. This suggests steady growth in the teeth of last…
Toyota Ramps U.S. EV Battery Investment to $14 Billion
Automotive giant Toyota announced plans to dramatically increase its electric vehicle battery capacity in the U.S., with an additional $8 billion investment in its North Carolina battery production plant. With the new announcement, the company’s commitment to the facility grows to nearly $14 billion, marking one of the largest-ever investments in U.S. EV battery capacity. Toyota announced an initial $2.3…