AAA Daily Fuel Gauge Report for Friday, 12/02/22

American Dollar to Canadian Dollar = 0.741681; American Dollar to Chinese Yuan = 0.142553; American Dollar to Euro = 1.080925; American Dollar to Japanese Yen = 0.007225; American Dollar to Mexican Peso = 0.056686.

American Dollar to Canadian Dollar = 0.809339; American Dollar to Chinese Yuan = 0.155448; American Dollar to Euro = 1.160320; American Dollar to Japanese Yen = 0.008746; American Dollar to Mexican Peso = 0.048647.

Stora Enso and Swedish electric car company Polestar have started collaboration to create a truly climate-neutral car by 2030. Stora Enso joins Polestar 0 project as a partner to contribute to the car’s climate neutrality with their bio-based battery material Lignode® by Stora Enso, made from trees. The Polestar 0 project, launched in 2021, aims to create a climate neutral car by 2030 by eliminating all sources of CO2 emissions – not only offsetting them – throughout the supply chain and production. Reaching full climate neutrality throughout the value chain, however, is a challenge for such a complex product as a car. Stora Enso takes on the challenge to contribute to the car battery’s climate neutrality with its bio-based battery anode material, Lignode® by Stora Enso, with the aim to become a commercial supplier for the outcome of the Polestar 0 project. Graphitic carbon in car batteries today is either mined or made from fossil-based materials. Lignode® by Stora Enso is made of lignin which comes from sustainably managed Nordic trees that grow back once harvested. It is essential to revolutionise battery technology to sustainably cover the needs for energy storage in an electrified future. Stora Enso believes that the key to combating climate change involves the use of renewable materials.