Daily Oil & Energy News
Elon Musk said Saudi Arabia’s sovereign-wealth fund has approached him several times over nearly two years about providing financial support to take Tesla Inc. TSLA 0.26% private, as the chief Continue Reading
The Environmental Protection Agency in August announced a plan to freeze fuel economy standards and revoke the ability of California to set more stringent rules than the national ones, prompting Continue Reading
A new report by ABI research forecasts that a proportionately higher uptake of EVs in car-sharing fleets, and the higher utilization rates of those EVs, will result in global electric Continue Reading
The Audi e-tron prototype combines power, efficiency and range. With a system output of up to 300 kW, the full-size SUV with a fully electric drive accelerates from zero to Continue Reading
Tesla is working on a “mini-car that can squeeze in an adult,” a new tweet from chief executive Elon Musk told the world. The tweet, like another recent one about Continue Reading
In W.W. Jacobs’ 1902 short horror story The Monkey’s Paw, the cursed paw grants three wishes, but in unexpected and malign ways. For the US automotive industry, President Donald Trump Continue Reading
Diesel will dominate the commercial truck segment for years to come, but when will the switchover to electrified, automated trucks seriously impact the demand for this fuel? It’s a pressing Continue Reading
Changes to Chinese subsidies for hybrid and battery-powered vehicles – or new energy vehicles in local parlance – that came into effect mid-June are already having a dramatic impact. According Continue Reading
Tesla plans to build a US$5-billion car-manufacturing plant near Shanghai in China, and is weighing possibly raising part of the funds for the factory from local partners, Bloomberg reported on Continue Reading
UPS announced a collaboration with Thor Trucks , Inc. ( earlier post ) to develop and to test a fully-electric class 6 delivery truck in Los Angeles, Calif. The truck Continue Reading
In what seems to be a magic trick, Dele Fayemi runs a batch of batteries in a beaker of boiling water – a physical impossibility that should cause a short Continue Reading
Honda is introducing a new Honda SmartCharge beta program that allows electric vehicle customers to reduce the environmental footprint of charging their car while earning monetary rewards. Honda is the Continue Reading
A new report by the progressive policy institute Center for American Progress estimates that the US needs to add 14 million new PEVs and more than 330,000 new public charging Continue Reading
Despite the many announcements for new electric vehicle (EV) models coming to the market and government initiatives to support EV adoption, UK motorists remain reluctant—if not stubborn—to make the switch Continue Reading
Volkswagen Group Canada has formed Electrify Canada, a new company that will build an ultra-fast electric vehicle (EV) direct current (DC) charging network across Canada. Volkswagen expects the network to Continue Reading
In just two years, 2013 to 2015, the number of electric cars worldwide more than doubled. And in the following two years, 2015 to 2017, the number more than doubled Continue Reading
An automotive consultant who has been critical of the fit and finish of Tesla’s Model 3 is now praising the EV maker’s sedan as a “symphony of engineering” and the Continue Reading
Sales of electric vehicles (EVs) and plug-in hybrids in Europe’s top car markets rose by just 33 percent in the first half this year, compared to a 54-percent surge in Continue Reading
Zoox, a secretive driverless car start-up, has raised $500m in new funding as it gears up to take on larger rivals, including Alphabet’s Waymo and GM’s Cruise. The deal valued Continue Reading
If you happen to be at the beach this summer, make a mental note of any giant freighters crossing the horizon. In a few years’ time those same ships will Continue Reading
A policy adviser to Washington Gov. Jay Inslee said the state wants to be as prolific as low-carbon Norway when it comes to electric vehicle deployment. Charles Knutson, Inslee’s executive Continue Reading
Delta Air Lines Inc. DAL 1.85% said it will boost fares and add fewer flights than planned as carriers contend with a surge in fuel prices amid a record stretch Continue Reading
BYD recently delivered five electric buses to the Vineyard Transit Authority (VTA) in Martha’s Vineyard, Massachusetts; a sixth is scheduled to be delivered by the end of the July. VTA Continue Reading
In some parts of the world, such as the Balkans, gasoline cars retrofitted with natural gas tanks are a common sight on roads. In others, such the United States, such Continue Reading
In June, Daimler Trucks presented two new fully electric trucks from its US-subsidiary Freightliner. Now, Daimler announced the two first customers to operate the e-vehicles within their fleet: a total Continue Reading
US and global demand for the Chevrolet Bolt EV has been very strong in 2018, with global sales estimated to be up more than 35% year over year in the Continue Reading
Fully cost-competitive electric vehicles will be on European roads by 2024-25 if battery costs continue to fall at current rates, according to speakers at Oxford City Council’s EV Summit 2018 Continue Reading
Chinese tech giant Baidu announced that its newly developed self-driving bus would begin mass production as the 100th bus came off the production line Wednesday in southeast China’s Fujian Province. The Continue Reading
International headlines haven’t been good for companies selling autos in the U.S., but rising oil prices shouldn’t rank very high on their list of worries. U.S. retail gasoline prices ahead Continue Reading
Oil companies and utilities won’t dispute that electric vehicles are on the cusp of becoming mass market. Their battle will be more over which business will dominate the booming charging Continue Reading
Fully cost-competitive electric vehicles will be on European roads by 2024-25 if battery costs continue to fall at current rates, according to speakers at Oxford City Council’s EV Summit 2018 Continue Reading
A red-hot electric vehicle market has triggered a face-off between Big Oil and utilities. Oil majors, who’ve sold fossil fuels to cars for a century, are now moving into an Continue Reading
BP’s acquisition of Britain’s largest electric vehicle charging company gives the supermajor an edge in a changing retail segment, an analytics company said. The British energy company announced Thursday it Continue Reading
Tesla and General Motors are seeing the beginning of the end for crucial U.S. federal tax incentives needed to transition interested car shoppers into electric vehicle owners. The federal government Continue Reading
Electric vehicle makers and legacy automakers have launched in earnest the race to make such EVs so as to win over the public with increased range and powerful batteries. In Continue Reading
A severe truck driver shortage and newly implemented regulatory limits on drive time are making critical links in US logistics supply chains more costly, prompting companies to raise product prices Continue Reading
Teslas may not be any greener than their gasoline counterparts, research from UK-based climate data provider Engaged Tracking has suggested, based on data about the CO2 emissions linked to the Continue Reading
A survey by American Energy Alliance reveals that most Americans are not in favor of paying for people’s electric vehicle purchases. The majority of American voters do not want to Continue Reading
California and eight other states are preparing to roll out a plan pressuring car companies and others to meet ambitious goals for sales of electric vehicles and other environmentally friendly Continue Reading
A team of political activists huddled at a Hardee’s one rainy Saturday, wolfing down a breakfast of biscuits and gravy. Then they descended on Antioch, a quiet Nashville suburb, armed Continue Reading
The Toronto Transit Commission , the third largest transit agency in North America and the most heavily used system in all of Canada, purchased ten Proterra Catalyst E2 buses in Continue Reading
Automakers are looking for states to support electric vehicle sales and charging infrastructure development — regardless of what President Donald Trump and EPA Administrator Scott Pruitt end up deciding to Continue Reading
The Chicago Transit Board awarded a $32-million contract to Proterra for the purchase of 20 new, all-electric buses. The new electric buses will give the CTA one of the largest Continue Reading
One of the hallmarks of the good life in developed countries is the freedom to move about as we choose in personal vehicles. However, as populous developing countries are gaining Continue Reading
The world’s biggest truckmaker says Silicon Valley should hit the brakes on expectations for self-driving lorries. Martin Daum, chief executive of Daimler Trucks, says it will take at least five Continue Reading
The growing adoption of electric vehicles (EVs) is expected to cost Germany’s key auto industry about 75,000 jobs by 2030, a study released Tuesday shows, with parts suppliers set to Continue Reading
The California Energy Commission School Bus Replacement Program is making up to $78.7 million in grant funding available for the replacement of California’s oldest school buses. (GFO-17-607) Additionally, the Energy Continue Reading
Andy Kunz, President and CEO of the US High Speed Rail Association (USHSR), shares the top 10 reasons for bringing high-speed rail to America. AMERICA stands at one of the Continue Reading
Volvo Cars said that by the middle of the next decade, it expects to generate half of all sales annually from fully electric cars; one third of all cars sold Continue Reading
Fiat Chrysler will phase out diesel engines in its passenger cars sold in the EMEA (Europe, Middle East, Africa) market by 2021, according to company executives presenting at FCA Capital Continue Reading