Electric vehicles (“EVs”) have been crowned the zero-emission vehicles of the future, but that isn’t always the case. Although battery electric vehicles (“BEVs”) produce zero emissions, mining the metals used in their lithium-ion battery packs has raised several environmental concerns. Additionally, the electricity used to charge the vehicles isn’t always sourced sustainably, and there are questions about how effectively these batteries can be recycled or disposed of once they reach the end of their lives.
Fisker Inc. (NYSE: SPAQ), the electric vehicle firm founded and led by billionaire Henrik Fisker, has recently announced that it will develop a “climate neutral” car and electric pickup truck to avoid these pitfalls. The climate-neutral car will be built and designed in a fashion that has the lowest possible environmental impact. This will include how its parts are sourced and assembled as well…
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