In September 2025, the durable carbon removal market saw nearly 119,000 tonnes of CDR contracted, with deals involving Google, Vaulted Deep, Schneider Electric, and Climeworks Solutions. Various new projects, partnerships, and funding opportunities are driving momentum in the industry, including investments in high-impact carbon removal projects, solid-sorbent DAC technology deployment, and the launch of commercial Direct Air Capture units. Companies like Ucaneo, Equatic, Boeing, and Origen Carbon are scaling up their CDR technologies, while initiatives such as the Carbon Removal Challenge and university-led online courses on carbon removal are being launched. California passed bills to accelerate CDR, COP30 will host a carbon removal pavilion, and the World Resources Institute published a roadmap for U.S. states to scale DAC.
Tag: U.S.
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Hyundai Motor Group Expands EV Energy Services with Vehicle to Grid and Vehicle to Home
Hyundai Motor and Kia are expanding Vehicle-to-Everything (V2X) services, including Vehicle-to-Grid (V2G) and Vehicle-to-Home (V2H) services, in various regions such as Korea, Europe, and the U.S. These initiatives aim to turn electric vehicles (EVs) into essential components of the global energy ecosystem by allowing them to store, supply, and share electricity with grids and homes. By launching V2G services in the Netherlands and Korea's Jeju Island, the Group is promoting renewable energy, reducing electricity expenses for customers, and supporting grid stability. The expansion of V2H services in the U.S. will enable EVs to provide backup power during emergencies and peak-demand periods, enhancing energy resilience and promoting efficient, renewable energy use.