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Originally published on the NRDC Expert Blog.
By  Sarah Kline, Federal Transportation Consultant to NRDC.

The Biden administration has set an ambitious climate goal for America: a 50 percent decrease in greenhouse gas (GHG) emissions by 2030. To reach this goal, changing the way we move must be key since transportation is the largest contributor of GHGs in the United States.

Fortunately, cities are already leading the way. My colleagues and I have been working since 2018 with 25 cities as part of the Bloomberg Philanthropies American Cities Climate Challenge. Along with local partners, the cities have made significant strides in adopting climate-friendly transportation policies to encourage people to bike, walk, or use public transit instead of driving.

Cities are the natural leaders as they oversee land use, including the location of electric vehicle (EV) charging stations, and local infrastructure, like streets and sidewalks, and may also provide transit service. But cities cannot tackle the climate crisis alone. The federal government has the tools to support bottom-up climate action and bring solutions to the national scale.

Here are two ways the federal government can help cities accelerate reductions in transportation emissions. In a future installment, I’ll discuss how the federal government can empower more local climate action.

1. Level up federal transit funding to match federal highway funding.

Bus Lanes. Photo by Caroline Yang for NRDC.

One of the most effective ways of reducing emissions is increasing transit use so that more people can get to jobs, schools, health care, and other places without driving. Many of the Climate Challenge cities have taken bold steps. St. Petersburg, Florida, is building the first bus rapid transit (BRT) line in the Tampa Bay Area, which will provide service between downtown and the beach. Charlotte, North Carolina, plans to build a 26-mile Silver Line that links the airport to the region’s light rail system, connecting communities of color to Charlotte’s uptown, thousands of jobs, and many other essential destinations. San Antonio voters passed a ballot measure in 2020 to dedicate a portion of an existing sales tax to expanding transit. Likewise, Cincinnati voters replaced a portion of the city’s earnings tax with a 0.8% increase to the county’s sales tax to fund the Southern Ohio Regional Transit Agency (SORTA) and infrastructure projects. The success of these and other ballot measures demonstrate the growing demand across the country for clean transportation options.

But cities are still limited in what they can deliver, due to the overall low level of funding. They’re forced to build out transit systems at a snail’s pace, one line at a time, with cobbled-together funds, meaning it can take decades to deliver the transit network that residents want. The federal transportation program has exacerbated this problem: For every $4 spent on roads and highways, just $1 has been spent on transit. It’s time for the federal program to level up investments in transit to match highways. That way, cities can realize transit projects and reap the benefits of greener transportation that much sooner.

2. Fund the transition to electric vehicles.

Increasing the use of zero-emission vehicles is one of the most effective tools for cutting emissions. Several cities, including St. LouisChicagoBoston, and Indianapolis, have adopted  or are exploring EV readiness ordinances to ensure that new homes and buildings are prepared for an EV future.

Orlando, Florida, installed 100 electric chargers, pivoted its municipal light-duty fleet to EVs, and attracted federal funding for 140 EV buses. The city’s utility also hired an EV specialist to oversee incentives for EV adoption programs.

Philadelphia introduced 25 electric buses and is working on a clean fleet plan, while Pittsburgh debuted its first two electric buses and partnered with its electric utility to install two chargers. Charlotte added its first five battery electric buses at Charlotte Douglas International Airport, which will result in an annual decrease of about 50,000 gallons of diesel fuel, saving an estimated $90,000 each year. Los Angeles is in the process of adding 155 electric buses to its fleet.

Though cities are transitioning to electrification, it comes at a price. Purchasing an electric bus — not to mention installing the charging infrastructure — costs more than a diesel bus. Although these upfront costs are recouped over time through lower operating expenses, they can be a burden for strapped local governments. The only federal grant program focused on low- and no-emission bus purchases represents less than half of one percent of the federal transportation programTo accelerate fleet conversions, a significant increase in federal grants for EVs and charging infrastructure is needed, such as the $174 billion proposed by the Biden administration in the American Jobs Plan.

Image by Electrify America.

The Time Is Now

The U.S. Senate just passed a major Bipartisan Infrastructure Bill, and pivoted to an even bigger budget reconciliation package. There is a lot of work to do over the next month, especially with current transportation law expiring on September 30th. These bills should be a one-two punch that helps knock the funding shortfalls in transit and electrification and give cities the tools they need to make immediate and lasting progress in reducing transportation emissions.

 

 
 

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Kia’s new PV5 ‘Spielraum’ is the ultimate electric camping van and it’s coming soon

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Kia's new PV5 'Spielraum' is the ultimate electric camping van and it's coming soon

Your next camping trip is about to get an upgrade. Kia just dropped two new electric van concepts based on the PV5. With AI-powered home appliances like a refrigerator and microwave, and even a wine cellar, Kia’s new PV5 “Speilraum” is an electric van built for camping and more.

Meet the Kia PV5 Spielraum: An electric van for camping

Kia wasn’t lying when it said its first electric van would offer something for everyone. At the 2025 Seoul Mobility Show on Thursday, Kia and LG Electronics unveiled two new electric van concepts based on the PV5.

The Spielraum electric vans are built for more than just getting you from one place to another. With LG’s AI-powered home appliances, custom interiors, and a wine cellar, the Speilraum models take the PV5 to the next level.

Kia unveiled two new concept vans, the Spielraum Studio and Spielraum Glow cabin. For those wondering, the term Spielraum is German for “Play Space” or leeway. In other words, Kia is giving you more freedom to move.

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The Studio version is designed as a mobile workspace with LG appliances like smart mirrors and a coffee pot. Using AI, the system can actually determine how long your trip will take and will recommend when to use the appliances.

Even more exciting (at least for the vanlifers out there), the Glow cabin converts the PV5 into a mobile camper van.

With a refrigerator, microwave oven, and added wine cellar (you know, for those long trips), Kia’s electric van is sure to upgrade your next camping trip.

Kia-PV5-camping-van
Kia PV5 Spielraum Glow cabin electric camping van concept (Source: Kia)

Kia and LG signed an MOU and plan to launch production versions of the Spielraum electric vans in the second half of 2026. The South Korean companies are also developing a new series of advanced home appliances and other AI solutions that could be included in the vans when they arrive.

The PV5 will initially be available in Passenger, Cargo, and Chassis Cab setups. However, Kia plans to introduce several new versions, including a Light Camper model.

Kia-PV5-Spielraum-electric-van
Kia and LG Electronics unveil two new PV5 Spielraum concepts (Source: Kia)

At 4,695 mm long, 1,895 mm wide, and 1,899 mm tall, the Kia PV5 passenger electric van is slightly smaller than the European-spec Volkswagen ID.Buzz (4,712 mm long, 1,985 mm wide, 1,937 mm tall).

With the larger 71.2 kWh battery pack, Kia’s electric van offers up to 400 km (249 miles) of WLTP driving range. It can also fast charge (10% to 80%) in about 30 mins to get you back on the road.

Kia will launch the PV5 in Europe and Korea later this year, with a global rollout scheduled for 2026. Ahead of its official debut, we got a closer look at the PV5 on public roads last month (check it out here).

Would you take the PV5 Spielraum Glow cabin for camping? Or are you going with the Studio version? Let us know in the comments.

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Tesla Cybertruck’s recall fix is a joke that leaves burn mark and gap

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Tesla Cybertruck's recall fix is a joke that leaves burn mark and gap

Tesla Cybertruck owners are starting to get the fix for the truck’s recent recall related to a falling trim. The fix is ridiculous for a $80,000-$100,000 vehicle as it leaves a weld burn and a panel gap.

Last month, Electrek reported that Tesla had quietly put a containment hold on Cybertruck deliveries.

While the reason was not confirmed at the time, we reported that we suspected that it was a problem with the cantrail, a decorative trim that covers the roof ledge of a vehicle. For the Cybertruck, it consists of the highlighted section below:

A week later, Tesla announced that it recalled all Cybertrucks ever made over an issue with the cantrail: it is falling off the Cybertruck.

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Now, some Tesla Cybertruck owners are starting to receive the “fix” for the recall, but it is quite disappointing for what is a $80,000 to $100,000 vehicle.

A Cybertruck owner in New Jersey was already having issues with his cantrail and had to have his tent system installed, so his truck was already at the service center when the recall happened. He was given back his truck with the fix, but he was disappointed with the results, which left a mark on the cantrail and a significant panel gap. He shared pictures via the Cybertruck Owners Club:

According to the recall notice, the fix is as simple as removing the trim, applying some butyl patches, and reapplying the trim with two new nuts to secure it.

In the case of this Cybertruck, the new nut is leaving a significant gap on the chassis that Tesla should never have felt acceptable to deliver to a customer.

As for the burn or rust mark, the owner speculated that it was a weld mark as they weld the new nut, but there’s no welding required in the fix. Therefore, it’s not clear what happened, but there’s clearly a mark where the new nut is located.

Here’s a video of the process:

Electrek’s Take

Tesla is lucky. Many of its owners, especially with newer vehicle programs, like the Cybertruck, are early adopters who don’t mind dealing with issues like this.

However, this is a $80,000 to $100,000 vehicle, and most people expect a certain level of service with those vehicles.

You can’t have a remedy for a manufacturing defect that results in panel gaps and marks like this. It shouldn’t be acceptable, and Tesla shouldn’t feel good about giving back a vehicle like that to a customer.

On top of all of this, this is a pain for Cybertruck owners with wraps. They are going to have to rewrap the trim and it doesn’t look like Tesla is going to cover that.

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Bitcoin-related startup deals soared in 2024 alongside crypto prices, research shows

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Bitcoin-related startup deals soared in 2024 alongside crypto prices, research shows

Romain Costaseca | Afp | Getty Images

As crypto prices rallied to record highs last year, venture investors piled into new bitcoin-related startups.

The number of pre-seed transactions in the market climbed 50% in 2024, according to a report published Thursday from Trammell Venture Partners. The data indicates that more entrepreneurs entered the bitcoin arena despite a cautious funding environment for the broader tech startup universe.

Bitcoin more than doubled in value last year, while ethereum rose by more than 40%. Early in the year, the Securities and Exchange Commission approved exchange-traded funds that invest directly in bitcoin and then extended the rule to ethereum, moves that brought a wider swath of investors into the market. The rally picked up steam in late 2024 after Donald Trump’s election victory, which was heavily funded by the crypto industry.

The early-stage startup boom dates back several years. According to the Trammell report, the number of pre-seed deals in the bitcoin-native category soared 767% from 2021 to 2024. Across all early-stage funding rounds, nearly $1.2 billion was invested during the four-year period.

“With four consecutive years of growth at the earliest stage of bitcoin startup formation, the data now confirm a sustained, long-term venture category trend,” said Christopher Calicott, managing director at Trammell, in an interview.

Venture capital broadly has been slow to rebound from a steep drop that followed a record 2021. Late that year, inflation started to jump, which led to increased interest rates and pushed investors out of risky assets. The market bounced back some in 2024, with U.S. venture investment climbing 30% to more than $215 billion from $165 billion in 2023, according to the National Venture Capital Association. The market peaked at $356 billion in 2021.

Trammell’s research focuses on companies that build with the assumption that bitcoin is the monetary asset of the future and use the bitcoin protocol stack to develop their products.

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The numbers weren’t universally positive for the industry. Across all rounds as high as Series B, the total capital raised declined 22% in 2024.

But Calicott said he’s looking at the longer-term trend and the increase in the number of pre-seed deals. He said the renewed interest in building on blockchain is largely due to technical upgrades and increased confidence in bitcoin’s long-term resilience.

“Serious people no longer question whether bitcoin will remain 15 or 20 years into the future,” he said. “So the next question becomes: Is it possible to build what the founder is trying to achieve on bitcoin? Increasingly, the answer is yes.”

Trammell has been investing in bitcoin startups since 2014 and launched a dedicated bitcoin-native VC fund series in 2020. Its portfolio includes companies like Kraken, Unchained, Voltage and Vida Global.

Recent reports show momentum in crypto startup funding more widely. In February, crypto VC deals topped $1.1 billion, according to data and analytics firm The Tie.

PitchBook forecasts that crypto VC funding will surpass $18 billion in 2025, nearly doubling the $9.9 billion annual average from the 2023 to 2024 cycle. The firm expects greater institutional engagement from firms like BlackRock and Goldman Sachs to deepen investor trust and catalyze further capital inflows.

Joe McCann, a former software developer, is launching his third venture fund, and said this one will be “exclusively focused on consumer apps in crypto.”

He draws a direct parallel to the internet’s early days.

“In the 1990s, VCs were investing in physical infrastructure,” said McCann, who runs Asymmetric, a digital asset investment firm managing two hedge funds and two early-stage venture capital funds, with $250 million under management. “Ten years later, it was Groupon, Instagram, Facebook — apps built on top. That’s where we are with Web3 right now.”

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American Bitcoin co-founder Eric Trump: Crypto's the 'future of the modern financial system'

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