U.S. EV Market Set To Grow By 390% By 2028
The electric vehicle market in the United States is on track to grow by 390% by 2028. Major automakers like Ford and GM are joining the race, launching their own Continue Reading
Electrify America unveils its first application of megawatt-level energy storage
Electrify America recently unveiled its first application of a megawatt-level battery energy storage system (BESS) for electric vehicle (EV) charging stations, building upon the company’s existing BESS installations at more Continue Reading
Truck makers fight climate rules while touting an electric future
Under pressure to phase out diesel-powered trucks, major manufacturers have offered plenty of assurances. Volvo plans to be “fossil free” by 2040 and boasted in its latest annual report that it Continue Reading
United Airlines Says Demand for Air Travel Remains Resilient
Share From long lines to delays and cancellations, airports around the world have been trying to manage a post-pandemic travel surge with a shortage of staff. WSJ follows an American Continue Reading
Why The Lack Of Public Charging Infrastructure Isn’t Deterring EV Buyers
Electric vehicle demand is soaring despite the lack of public charging infrastructure. While demand remains strong, there is a clear need for increased investment in charging infrastructure. China is leading Continue Reading
Tesla Sinks 50% From November Record High as Troubles Pile Up
Tesla Cites Shipping Issues as Deliveries Disappoint Tesla Inc. shares tumbled about 50% from their all-time high, amid a broader selloff in the US stock market that has hit growth Continue Reading
Honda’s U.S. dealers want to be part of Sony Honda venture’s EV launch plans
A new joint venture formed by Japan’s Sony Group Corp (6758.T) and Honda Motor (7267.T) plans to introduce a premium electric vehicle later this decade, and the automaker’s U.S. dealers Continue Reading
Chinese ‘flying car’ makes first public flight in Dubai
A “flying car” built by Chinese electronic vehicle maker Xpeng Inc (9868.HK) made its first public flight in the United Arab Emirates, as the company works towards launching the electric Continue Reading
EU, U.S. eye level playing field for EU electric cars in U.S. market
– European Union and U.S. officials expect to reach agreement that would grant EU companies, including electric car makers, the same status as U.S. ones in the U.S. market, to Continue Reading
Delta to Invest in Flying-Taxi Maker to Offer Rides to Airports
Delta is betting on flying-taxi rides to and from airports, announcing a $60 million investment in Joby Aviation Inc. JOBY -1.53%▼ and plans to offer service in New York and Continue Reading
Airlines Are Misleading Flyers With Carbon-Neutral Claims, Study Says
Aviation emissions are regulated under the EU’s emissions trading system which is currently under review. Photographer: Simon Dawson/Bloomberg Want the lowdown on European markets? In your inbox before the open, Continue Reading
PepsiCo confirms Tesla Semi truck deliveries to start in December
PepsiCo Inc (PEP.O) confirmed on Friday it would take delivery of Tesla Inc’s (TSLA.O) Semi trucks on Dec. 1, becoming the first company to receive its orders of the much-delayed Continue Reading
Rivian Recalling Nearly All of Its Vehicles
Electric truck and SUV maker Rivian urged customers to stop driving their vehicles if they experience issues with steering or suspension problems. Rivian Automotive Inc. RIVN -7.64%▼ is recalling nearly Continue Reading
EPA proposes endangerment finding for lead emissions from aircraft engines that operate on leaded fuel
The US Environmental Protection Agency (EPA) announced a proposed determination that emissions of lead from aircraft that operate on leaded fuel cause or contribute to air pollution that may reasonably Continue Reading
French government favours raising taxes on private jets -minister
The French government is in favor of raising taxes for private jets next year by aligning the taxation of aviation fuels with that of fuels used by cars, environment minister Continue Reading
Musk says Pepsi to receive Tesla’s first Semi trucks in December
Tesla Inc (TSLA.O) is starting Semi electric commercial truck production and PepsiCo Inc will get the first deliveries on Dec. 1, the electric vehicle maker’s chief Elon Musk tweeted on Continue Reading
U.S. Electric-Vehicle Tax Breaks Rile Asian, European Allies
The U.S.’s new tax-break scheme for electric vehicles has drawn angry responses from the country’s key allies in Asia and Europe, highlighting a tension between government support for the domestic Continue Reading
Top oil traders see steady demand despite economic headwinds
Economic headwinds have yet to significantly erode the world’s demand for oil, top oil traders said at the Argus European Crude Conference in Geneva on Tuesday. The forecasts by senior Continue Reading
The U.S. Plan To Power 100% Of Its Flights With Renewable Jet Fuel
Renewable jet fuel currently accounts for only 0.1 percent of aviation fuel, a percentage that needs to increase to 5 percent by 2030 according to the IEA’s estimates. To achieve Continue Reading
Eviation’s electric commuter plane Alice makes first test flight
The first fully electric commuter plane Alice from Eviation Aircraft ( earlier post ) successfully completed its maiden flight at Moses Lake, Washington. Alice lifted off on 27 Sep at Continue Reading
NY Governor orders regulatory action to require all LDVs sold in state to be zero-emissions by 2035
New York Governor Kathy Hochul directed the State Department of Environmental Conservation to take major regulatory action that will require all new passenger cars, pickup trucks, and SUVs sold in Continue Reading
Hertz, BP Partner to Bring EV Charging Stations Across North America
The climate bill recently passed by the Senate could knock thousands of dollars off the sticker price of electric vehicles, but it’s also redefining which cars are eligible. WSJ’s George Continue Reading
EV Tax Credits to Spur More Vehicle Sales Are Entering a Critical Phase
The government is pressing to complete new rules on tax breaks for electric-vehicle purchases by an end-of-year deadline as auto companies seek guidelines that help qualify as many vehicles as Continue Reading
Exclusive: Russia aiming to fly solo without Airbus and Boeing
Foreign aircraft will drop out of fleet – Rostec Airbus, Boeing planes will never be delivered – Rostec Russian-made engines, parts to be used – Rostec No expectation sanctions will Continue Reading
Shell sees 2024 aviation fuel demand recovering to pre-pandemic levels
Global aviation fuel demand is expected to fully recover to pre-pandemic levels of 300 million tonnes per year in the next one to two years, the head of aviation at Continue Reading
Joe Biden’s Climate Bill Has the US Battery Industry Revved Up
While Joe Biden was busy throttling the latest Corvette with car executives at the Detroit auto show last week, much of the rest of the industry filed into a jam-packed convention Continue Reading
Tesla Is Crushing The Competition on Electric-Car Charger Costs
The cost of setting up an electric-car charging station can vary greatly, according to our latest Commercial EV Charger Price Survey which looks at how hardware and installation costs are Continue Reading
Gas demand reduction key for upcoming winter, but situation ‘manageable’: EC
Highlights EC on standby to issue ‘union alert’ on gas demand: Zsigri Winter could become difficult, no room for complacency No final decision yet on scope of gas price cap Continue Reading
Electric-Car Demand Pushes Lithium Prices to Records
Demand for lithium is expected to outpace global supply as consumers switch to battery-powered vehicles. With China currently leading in processing of the vital raw material, the U.S. government is Continue Reading
Electric planes could be in the skies by 2028. But big hurdles remain.
For years, scientists have clamored for quiet, climate-friendly airplanes that rely on batteries instead of jet fuel. Now, they’re closer to putting them into the skies. A handful of airlines, Continue Reading
Hertz Plans to Buy 175,000 Electric Vehicles From GM Over Five Years
Hertz Global Holdings Inc. plans to buy as many as 175,000 electric vehicles from General Motors Co. over the next five years, the latest major step by the rental giant Continue Reading
How a Quebec Lithium Mine May Help Make Electric Cars Affordable
About 350 miles northwest of Montreal, amid a vast pine forest, is a deep mining pit with walls of mottled rock. The pit has changed hands repeatedly and been mired Continue Reading
Global crude oil demand continues to decelerate
Growth in global crude oil demand continues to decelerate, weighed down by renewed Chinese lockdowns and an ongoing slowdown in the OECD region, global energy body International Energy Agency said Continue Reading
U.S. road travel fell 3.3% in July as gas prices remain high
U.S. vehicle travel in July fell 3.3% to 286.6 billion miles, the second consecutive monthly decline in American driving in the face of high fuel prices, the U.S. Transportation Department Continue Reading
Electric Vehicles Took Off. Car Makers Weren’t Ready
Auto makers racing to turn out electric vehicles have generated long wait lists. Now they must try not to disappoint customers like Louie Figueroa. Mr. Figueroa put down a $100 Continue Reading
Exclusive: Delta Air Lines readies refinery to process biofuels
Delta Air Lines Inc (DAL.N) plans to start receiving shipments of renewable fuel feedstocks at its Trainer, Pennsylvania, refinery as part of a strategy that could reduce its environmental liabilities Continue Reading
What’s Inside Of Biden’s Big Electrification Plan?
U.S. President Joe Biden unveiled a new funding scheme to expand electric vehicle infrastructure across the country. The first round of funding will total $900 million and aims to bolster Continue Reading
World oil demand growth ‘continues to lose momentum,’ IEA says, trimming 2022 estimate
Global oil demand continues to lose momentum due to China’s economic weakness and a slowdown in countries of the Organization for Economic Cooperation and Development, the International Energy Agency said Continue Reading
Oil demand set to stop growing in Q4 as slowdown bites, IEA says
Growth in global oil demand is set to grind to a halt in the fourth quarter of this year as an economic slowdown deepens, the International Energy Agency (IEA) said Continue Reading
Will Electric Boats Ever Go Mainstream?
While the electric car is undoubtedly the darling of the electric vehicle industry, it is by no means the only vehicle that engineers are determined to electrify. The electric boat Continue Reading
France Prepares $100 a Month Electric-Car Leasing Plan
France is readying a plan to subsidize electric-car leasing as part of President Emmanuel Macron’s campaign pledge to make them more affordable. The scheme will make EVs available for 100 Continue Reading
France Considers Taxing Private Jet Use in Fight Against Climate Change
France is exploring ways to rein in private-jet flights amid a growing backlash over the wealthy’s use of high-emitting planes to travel the distance of a car or train journey. Continue Reading
French minister calls for restrictions on flights by private jet
French transport minister Clément Beaune has called for flights by private jets to be restricted because of their outsize contribution to climate change, joining an increasingly heated debate in France Continue Reading
British Airways to Cut Over 10,000 Flights as Industry Woes Threaten to Stretch Through Winter
British Airways ICAGY -5.86%▼ is cutting more than 10,000 flights through the rest of the summer flying season and into the winter, threatening to extend the aviation industry’s chaotic postpandemic Continue Reading
Concerns Raised Over Strength of Future Oil Demand
Recession fears remain elevated for key markets. Recession fears remain elevated for key markets, including the U.S. and EU, raising concerns over the strength of future oil demand. That’s what Continue Reading
Concerns Raised Over Strength of Future Oil Demand
Recession fears remain elevated for key markets. Recession fears remain elevated for key markets, including the U.S. and EU, raising concerns over the strength of future oil demand. That’s what Continue Reading
Toyota Executive Warns EVs Face Obstacles to Wider Adoption
A top executive for Toyota TM -1.02%▼ Motor Corp. in North America warned Thursday that buyers might not shift to fully electric vehicles as quickly as some rivals expect and Continue Reading
Cheap Air Travel May Be A Thing Of The Past
Supply chain disruptions have sent energy costs soaring. Air travel has struggled to rebound following the global pandemic. RyanAir CEO Michael O’Leary warns that the days of cheap air travel Continue Reading
Hydrogen Planes Show Promise—and Also Their Limitations
American Airlines will potentially order up to 100 of ZeroAvia’s hydrogen-electric engines for use in regional planes. The case for using hydrogen on very short flights is looking stronger. Investors Continue Reading
American Airlines bets on supersonic travel with Boom jet deal
American Airlines Group Inc (AAL.O) on Tuesday agreed to buy up to 20 jets from aircraft maker Boom Supersonic, becoming the second major U.S. airline to bet on ultra-fast passenger Continue Reading