The Electric Car Market is About to Get Crazy (and Confusing)
A Polestar 2 being tested in the Arctic Circle. Photographer: Polestar The early days of any new technology tend to be — to put it technically — insane. Airlines in Continue Reading
General Motors Slowly Ramps Up Electric Hummer Production
The waiting list for General Motors Co.’s GM -5.05%▼ new GMC Hummer electric pickup truck and related SUV model recently topped 77,000 prospective buyers. Most are likely in for a long wait. GM’s renovated Detroit factory, Continue Reading
Auto Sales Slide, Prices Soar in First Half of 2022
Supply-chain kinks continued to suppress vehicle inventory and sales in the first half of the year, exacerbating a seller’s market that has pushed new-car prices to record highs. Sales of Continue Reading
Road-Fuel Demand to Peak by 2027 With Efficiency Improvements
‘More Pain at the Pump to Come,’ Stephen Schork Says Global road fuel demand will peak in five years though it will be decades before shifts in consumption reshape transportation’s Continue Reading
Ford’s Talk of New EV-Selling Rules Rattles Some Dealers
Ford F -2.46%▼ Motor Co. is preparing new rules for how it sells electric vehicles, a shift that is concerning some dealers and seen as challenging the traditional franchise model. Executives from the Continue Reading
The Rush for EVs and Other Rental Cars That Don’t Guzzle Gas
Many drivers aren’t looking for free upgrades when they rent cars for summer road trips. They are more concerned with fuel efficiency. The cost of gasoline has retreated slightly from the record highs Continue Reading
U.S. Gulf Coast Crude Exports Are Breaking Records
Oil exports from the US Gulf Coast are set to hit an all-time high of 3.3 million barrels per day (bpd) in the second quarter of 2022, as refining capacity Continue Reading
White House says companies investing $700 million to boost EV charger production
The White House said on Tuesday that companies are planning to invest more than $700 million to boost U.S. manufacturing capacity for electric vehicle (EV) chargers – actions set to Continue Reading
U.S. Gulf Coast crude oil exports to touch record high this quarter
Exports of crude oil from the U.S. Gulf Coast could hit a record 3.3 million barrels per day (bpd) this quarter, analysts said on Monday, as Europe chases U.S. crude Continue Reading
Russian Crude Flows Slump, But It’s Likely to Prove Temporary
Russia’s seaborne crude exports plunged last week, but the drop probably doesn’t indicate that sanctions are starting to bite. Flows from Russian ports were down week-on-week by 20%, falling to Continue Reading