Electric car maker Tesla Inc ( TSLA.O ) plans to introduce a new low-cost, long-life battery in its Model 3 sedan in China later this year or early next that Continue Reading
Tesla Inc ( TSLA.O ) is a leader in electric vehicle battery technology, but the company doesn’t do all its own research. Tesla Chief Executive Elon Musk has reached out Continue Reading
Tesla is set to launch a million-mile battery as soon as this year or early in 2021 for its Model 3 in China, as part of a wider plan to Continue Reading
High-tech mobility innovator Lightyear and Royal DSM will jointly scale the commercialization of Lightyear’s unique solar-powered roof for the electric vehicle market. With this solution, both companies aim to accelerate Continue Reading
Global oil demand will take at least a year–and probably much longer–to return to the pre-crisis levels of 100 million barrels per day (bpd), Fatih Birol, Executive Director of the Continue Reading
OPEC slashed on Wednesday its global oil demand estimates for this year while cutting its forecast for non-OPEC supply as oil producers outside the OPEC+ pact accelerate production curtailments due Continue Reading
Could Covid-19 take the airline industry back to the 1990s, when roomier planes flew fewer people on fewer routes at higher prices? Nostalgia should be kept in check. On Tuesday, Continue Reading
U.S. airlines carried 51% fewer passengers in March amid the massive coronavirus pandemic travel collapse to the lowest air travel level in nearly two decades, the U.S. Transportation Department said Continue Reading
President Donald Trump’s top energy official said the oil industry is on its way back after suffering crippling losses from an unprecedented price collapse. “We now have 23 states that are Continue Reading
Many airlines have gone bankrupt in the past and demand for air travel—which fuels demand for Boeing’s planes—continued to grow year by year. Boeing CEO Dave Calhoun said in an Continue Reading
