Daimler Truck says batteries, hydrogen are the future
The world’s largest truck and bus maker is charting an ambitious zero-emission future and says it’s not that far off – despite higher costs and the current lack of support Continue Reading
Oil Demand Is Rebounding Fast In Europe
Traffic on Europe’s highways and in the biggest cities has been rising in recent weeks as economies reopen, suggesting a rebound in road transportation fuel demand. Traffic on highways in Continue Reading
Ford unveils F-150 Lightning electric pickup; starting at $39,974; arriving in 2022
Ford unveiled the F-150 Lightning battery-electric pickup. Arriving in spring 2022, F-150 Lightning will be available in four series and two battery options at more than 2,300 EV-certified Ford dealers Continue Reading
Oil Markets Optimistic As Air Travel Starts To Recover
The number of global commercial flights has more than doubled since this time last year, while U.S. traveler throughput has jumped six-fold since May 2020, suggesting that global jet fuel Continue Reading
Lawmakers Back $8 Billion for Electric U.S. Postal Vehicles
House lawmakers advanced language authorizing $8 billion for the U.S. Postal Service to buy more electric vehicles as the agency modernizes its aging fleet. The House Oversight and Reform Committee added Continue Reading
Airlines Pull Back From Oil Hedging After Losing Billions
Commodity price hedging is a popular trading strategy frequently used by oil and gas producers as well as heavy consumers of energy commodities such as airlines to protect themselves against Continue Reading
Jet Fuel Demand Rebound Needs Return Of International Flights
Jet fuel demand is slowly recovering from the slump last year, and although the rise in passenger numbers nearly everywhere is encouraging, the meaningful recovery of aviation fuel consumption will Continue Reading
Soaring Petrochemical Demand Sparks Major Profits
As major oil companies released their first-quarter earnings, profits from their petrochemical units hit record highs and demand for petrochemicals is only set to grow. According to Bloomberg, this trend Continue Reading
Wright demonstrates megawatt-class high-performance inverter for electric aircraft
Wright Electric, a company developing an electric single aisle commerical aircraft comparable to the Boeing 737 or Airbus 320 ( earlier post ), has begun testing and has demonstrated a Continue Reading
Jet Fuel Use Set to Surge 30% in USA
It’s the postponed weddings and family reunions. It’s meeting newborn grandchildren and attending memorial services for loved ones lost to the pandemic. It’s the rebooked trips to Maui and adventures Continue Reading
As Cars Go Electric, China Builds a Big Lead in Factories
The body for an electric Zeekr, made by Geely, inside the welding hall of a factory near Ningbo, China.Lorenz Huber for The New York Times Fueled with money from Wall Continue Reading
Adamas: Tesla consumed more lithium than next four EV makers combined in 2020
In 2020, Tesla deployed 18,700 tonnes of LCE onto roads globally in the batteries of its newly sold passenger EVs, more than the next four EV makers (BYD, VW, Renault Continue Reading
Solid-state battery company Solid Power closes $130M Series B led by BMW, Ford and Volta
Solid Power, a developer of all solid-state batteries for electric vehicles, announced a $130-million Series B investment round led by the BMW Group, Ford Motor Company and Volta Energy Technologies. Continue Reading
DOE: half of all states now have at least 1,000 non-residential EV charging units
According to figures from the US Department of Energy (DOE), as of March 2021, there are 25 states that have at least 1,000 non-residential electric vehicle (EV) charging units (public Continue Reading
Baidu rolls out paid driverless taxi service in Beijing
Chinese tech giant Baidu rolled out its paid driverless taxi service on Sunday, making it the first company to commercialize autonomous driving operations in China. Unlike previous Baidu autonomous driving Continue Reading
EIA: Jet Fuel Demand Is On The Mend
U.S jet fuel demand is rising along with an increase in domestic air travel, the Energy Information Administration (EIA) said this week. Global and U.S. jet fuel demand is slowly Continue Reading
Electric Car-Charging Business Is Doing Everything But Profiting
President Joe Biden’s plan to wean U.S. drivers off fossil fuels requires massive investment in public charging stations to power the electric-car revolution. So far, none of the companies that deploy Continue Reading
Can Oil Majors Make Electric Vehicle Charging Pay?
One of the more surprising implications of the energy transition is energy companies actually trying to sell you energy. For example, today you buy gasoline, sure, but no one sells it to you. You Continue Reading
The “Great Car Comeback” Brightens Oil Demand Outlook
Despite high vaccination rates in many parts of the world, people appear to be still wary of public transit, opting for personal vehicles, which is driving up demand for crude Continue Reading
Gasoline Is Big Winner in Great Car Comeback
It’s starting to feel as commonplace as handwashing: To protect against Covid, people across the globe are skipping trains and buses. Instead, they’re part of the great car comeback that’s Continue Reading
IEA: Electric Vehicle Sales Are Soaring Globally
Worldwide sales of electric vehicles (EVs) jumped by 41 percent last year while the total global car sales fell in the pandemic-related downturn, the International Energy Agency (IEA) said on Continue Reading
Honda targeting 100% BEV & FCEV sales in N America by 2040; new e:Architecture EVs coming in second half of this decade
Honda last week announced key targets for sales of electrified vehicles in North America, with a plan to make battery-electric and fuel cell electric vehicles (BEVs and FCEVs) to represent Continue Reading
How Electric, Self-Driving Cars and Ride-Hailing Will Transform the Car Industry
When GM’s very first car, the Chevrolet Classic 6, appeared on Detroit’s streets in 1912, it ran on gasoline. More than a century later, in 2034, the very last GM Continue Reading
Biden’s transportation plan vs. the Republican infrastructure proposal
A group of Senate Republicans this week outlined a counterproposal to President Biden’s $2.3 trillion American Jobs Plan, saying their $568 billion pitch focuses on what they deem “core infrastructure” — Continue Reading
White House touts EVs, but not backing gasoline-powered phase-out date
The Biden administration wants to spend $174 billion to boost electric vehicles and charging stations but its 2030 climate emissions reduction pledge released on Thursday does not include a firm Continue Reading
How a Wave of Electric Trucks Could Create Millions of ‘Accidental Environmentalists’ – WSJ
Bob Dykes speaks in the gravelly drawl you’d expect of a man who grew up in Wyoming and owns an oil-and-gas company. He’s 69 years old, calls himself a political Continue Reading
Jet Fuel Demand Is A Headache For Oil Markets
Global jet fuel demand is slowly recovering from last year’s collapse. The number of commercial flights has more than doubled since April 2020 and even tripled on some days in Continue Reading
Biden Wants $15 Billion for EV Charging Stations: Climate Update
Biden Pledges to Cut Greenhouse Gas Emissions in Half by 2030 President Joe Biden’s climate summit has drawn 40 heads of state including China’s Xi Jinping, Vladimir Putin of Russia Continue Reading
Universal Hydrogen announces $20.5M in Series A funding to build and test full-scale hardware for hydrogen commercial aircraft
Universal Hydrogen announced $20.5-million Series A financing round led by prominent Silicon Valley venture fund, Playground Global, with the investor syndicate comprising Fortescue Future Industries, Coatue, Global Founders Capital, Plug Continue Reading
Europe’s Electric, Plug-in Hybrid Car Share Surge Endures as Market Recovers – Bloomberg
The shift to electric cars in Europe is proving to have staying power. Fully electric and plug-in hybrid vehicles accounted for about 15% of passenger-car sales in the first quarter, the European Continue Reading
BMW expects to have solid-state battery in a demonstrator vehicle well before 2025; IPCEI grants
In March, BMW presented the Neue Klasse generation of vehicles, to be launched by the middle of this decade, which will be clearly focused on all-electric drivetrains. For the Neue Continue Reading
Toyota announces new BEV series Toyota bZ
Toyota Motor Corporation announced Toyota bZ, its newly established series of battery-electric vehicles (BEVs), in establishment of a full line-up of electrified vehicles. At Auto Shanghai, Toyota unveiled a concept Continue Reading
Oil Demand Is Finally Bouncing Back
Oil demand is finally bouncing back despite the fact that Covid cases are rising and additional travel restrictions have been put in place. For more great energy content, make sure Continue Reading
Oil Demand Could Peak By 2026: Goldman Sachs
Despite a bullish stance on the short-term future of oil demand, Goldman Sachs has a grimmer prediction for the longer-term future of the commodity: in a Bloomberg report, the investment Continue Reading
These Technologies Could Hold Back Business Travel Indefinitely
It’s a sunny, breezy morning in Eugene, Ore., a place best known for access to the great outdoors, a history of environmental activism and being the birthplace of Nike. I’m standing outside Continue Reading
GM and LG Energy Solution investing $2.3B in second Ultium Cells manufacturing plant in US
Ultium Cells LLC, a joint venture of LG Energy Solution and General Motors, will invest more than $2.3 billion to build its second battery cell manufacturing plant in the United Continue Reading
Mercedes-Benz unveils EQS electric luxury sedan
Mercedes-Benz unveiled the EQS, the first all-electric luxury sedan from Mercedes-EQ. ( Earlier post .) The EQS is also the first model to be based on the modular architecture for Continue Reading
Volkswagen starts up second line for MEB batteries in Braunschweig
The Volkswagen Group Components plant in Braunschweig is significantly expanding its production of battery systems for the latest electric vehicle generation. Following the first expansion stage with a maximum capacity Continue Reading
Goldman Sees Oil Demand Peaking for Transportation in Five Years
Pioneer CEO Sees Oil Rising $5-$10 in Next Few Weeks Add Goldman Sachs Group Inc. to the list of forecasters calling for oil demand to peak sooner rather than later. Continue Reading
Delta Air Lines’ recovery takes root as domestic travelers return
Highlights Delta to reopen middle seats on May 1 75% load factor seen in May Working to decarbonize footprint across operations Delta Air Lines, the nation’s second largest airline, saw Continue Reading
Global air travel on multi-track recovery as vaccines hang over jet demand outlook
Rebound in US domestic air travel leading global recovery Uncertainty about vaccine ‘passports’ hanging over outlook Jet demand seen recovering almost 600,000 b/d in June Global air travel continues to Continue Reading
Summer travel to push American Airlines towards pre-pandemic seat capacity
American Airlines expects its domestic and international seat capacity during the summer travel season to be within 10% and 20% of levels seen in the same period of 2019, the Continue Reading
The hydrogen revolution in the skies
A record-breaking commercial-scale hydrogen plane has taken off in the UK, with more set to join it soon. How far can such planes go in cutting the aviation industry’s emissions? Continue Reading
Once ‘green’ plug-in hybrid cars suddenly look like dinosaurs in Europe
Remember when plug-in hybrid cars were the go-to technology for the climate-conscious driver? Turns out, they’re not good for the environment, according to some experts, and they could be phased Continue Reading
SAE International releases updates for two major EV charging documents
SAE International announced revisions to SAE J3072 Standard: Interconnection Requirements for Onboard, Utility-Interactive Inverter Systems and SAE J2847/3 Recommended Practice: Communication for Plug-in Vehicles as a Distributed Energy Source . Continue Reading
Tim Cook Finally Opens Up About The Much-Hyped Apple Car
After the novel coronavirus tore through communities worldwide and left a path of economic and public health devastation in its wake, many sectors are still struggling to recover. Compared to Continue Reading
The Next Electric-Car Battery Champion Could Be European
With Europe expected to lead the world in electric-car sales for a second straight year, an epic rush to build a battery-supply chain from scratch is playing out across the Continue Reading
Biden Plan Pushes EV Charging Network
The U.S. auto industry sees President Joe Biden’s infrastructure package as accelerating a global shift toward electric vehicles, thanks to the $174 billion proposed for charging stations, planned consumer rebates Continue Reading
Biden’s Push for Electric Cars: $174 Billion, 10 Years and a Bit of Luck
President Biden is a muscle-car guy — one of his most prized possessions is a 1967 Corvette that he got from his father. But he’s trying to make this an electric vehicle Continue Reading
Automakers Vow to Spend $250 Billion on U.S. Electric Vehicles
Automakers and parts suppliers are prepared to spend $250 billion on boosting the use of electric vehicles in the U.S., and called on the Biden administration to urge Congress to Continue Reading