Cranfield Aerospace Solutions (CAeS)—the UK SME leading the Project Fresson consortium—will exploit recent advances in hydrogen fuel cell technology to develop a commercially viable, retrofit powertrain solution for the nine-passenger Continue Reading
Rolls-Royce has officially started building the world’s largest aero-engine, UltraFan. Work on the first module is underway at the DemoWorks facility in Derby, UK, and the demonstrator engine, which has Continue Reading
Asia-Pacific air passenger traffic plunged 93.7% year on year in February as nations maintained strict border controls due to the global pandemic, Association of Asia-Pacific Airlines data released March 29 Continue Reading
The French government is close to finalizing a recapitalization plan for Air France after addressing some antitrust concerns raised by the European Commission, according to people familiar with the matter. The multi-billion-euro Continue Reading
The European Union must set a date to phase out the sale of new petrol and diesel cars so that the region meets its aim of becoming climate-neutral, according to nine Continue Reading
A slump in Europe’s travel industry could have a knock-on effect for oil and gas as lockdowns spread across Europe once again. European airline shares plunged this week as Germany, Continue Reading
The number of U.S. air travelers exceeded 1.5 million on Sunday, for the first time since the middle of March 2020, in a good sign for oil demand as U.S. Continue Reading
Certainly one of the more exciting stories in the world of EV investing over the past several weeks has been Volkswagen. We have documented the legacy automaker’s stock during a Continue Reading
The UK government is planning to boost tax revenues from long-haul flights as part of the country’s commitment to achieving net-zero greenhouse gas emissions by 2050. Receive daily email alerts, Continue Reading
The pandemic has changed how we fly, dramatically reducing the number of flights around the world. To show how Covid-19 has altered the skies, The Wall Street Journal analyzed flight Continue Reading
A pick-up in spring break travel is pointing to the first signs of life for a battered jet fuel market, a trend that is likely to continue as more vaccinated Continue Reading
EU’s executive arm has proposed launching digital certificates showing the holders pose no health risk from coronavirus, and to coordinate lifting of lockdowns The certificates would prove travellers have been Continue Reading
Researchers from the National Renewable Energy Laboratory (NREL), the University of Dayton, Yale University, and Oak Ridge National Laboratory have demonstrated the production of sustainable aviation fuels (SAF) from food Continue Reading
Refineries will have to find a way to navigate both the move to decarbonization and the demand uncertainties brought on by the pandemic, the International Energy Agency said March 17. Continue Reading
Volkswagen is going all in on electric cars, with plans to build battery factories in Europe, install a network of charging stations and slash the cost of emission-free travel. That Continue Reading
Global oil demand may have hit the peak in 2019 and natural gas will follow suit around 2025, the director-general of International Renewable Energy Agency said March 16, as the Continue Reading
Last month, President Joe Biden said he planned to replace the whole federal vehicle fleet with electric cars, creating one million jobs in the process. Jobs aside, we’re talking about Continue Reading
Airline executives said they are starting to see a path out of the coronavirus pandemic as more passengers resume travel, following a weekend when airport volumes hit their highest levels Continue Reading
It took Google eight years to reach $10 billion in sales, the fastest ever for a U.S. startup. In the current SPAC frenzy, a spate of electric-vehicle companies planning listings are vowing Continue Reading
The idea of flying on a plane fueled by cooking oil waste would have been ridiculous a decade ago. Now, this is reality. Sustainable aviation fuels, according to some, are Continue Reading
Weeks after General Motors pledged to work for an all-electric future, the highest-selling U.S. automaker announced this week a partnership with MIT spinoff SolidEnergy Systems to speed up the commercialization Continue Reading
If there has ever been a misleading headline, it has to be the one above, at least according to European carmakers. Hydrogen cars, they say, are not a viable alternative Continue Reading
The European Union must set a date to phase out the sale of new petrol and diesel cars so that the region meets its aim of becoming climate-neutral, according to nine Continue Reading
Physical oil prices in the U.S. are rebounding to levels seen before a deep freeze hit Texas last month, showing fuel-making plants are thirsty for crude again. Seven of 18 refineries Continue Reading
After years of sheer dominance, signs are now emerging that the most popular EV name could be losing its sway on the markets. Morgan Stanley has just reported that Tesla Continue Reading
Sustainable aviation fuel has been slow to take off in Asia but the increased thrust on carbon emissions, a need to maintain reputational goodwill along with ready feedstock availability will Continue Reading
While 2020 was the year electric vehicles went mainstream, 2021 has revealed a gaping flaw in the EV boom. Demand for the new technology has skyrocketed, both in the United Continue Reading
Car dealer Brad Sowers is spending money to prepare for the coming wave of new electric models from General Motors Co. He is installing charging stations, upgrading service bays and Continue Reading
Amazon, Walmart, General Motors, and now FedEx. The giant delivery company joined more than 50 other major corporations when it announced this week that it too aims to be carbon-neutral by Continue Reading
The pandemic may be receding in some parts of the world, but it is still ravaging Mexico and Brazil, presenting another challenge to U.S. refiners as the two countries are Continue Reading
Volkswagen gave a first design preview of Project Trinity. The electrically powered sedan is to be built in Wolfsburg from 2026 and is intended to set new standards in terms Continue Reading
General Motors Co. GM -1.59% is looking to build a second battery factory in the U.S. with joint-venture partner LG Chem Ltd. 051910 4.51% , the latest move in the Detroit auto maker’s efforts to expand its investment in Continue Reading
U.S. gasoline demand jumped last week to the highest level since the COVID-19 pandemic started, with demand this past Sunday up by 18.2 percent compared to the previous Sunday, according Continue Reading
Rolls-Royce has successfully completed the taxiing of its ‘Spirit of Innovation’ aircraft, the latest milestone on its way to becoming the world’s fastest all-electric plane. ( Earlier post .) The Continue Reading
Volvo’s entire car lineup will be fully electric by 2030, the Chinese-owned company said on Tuesday, joining a growing number of carmakers planning to phase out fossil-fuel engines by the Continue Reading
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ARPA-E released $10 million in funding for 6 projects as part of the Connecting Aviation By Lighter Electrical Systems ( CABLES ) topic. CABLES is one of a set of Continue Reading
The chief executives of the biggest airlines in the United States are set to meet virtually with the White House National Climate Adviser and an economic adviser to the President Continue Reading
The COVID-19 crisis has accelerated the timeline of peak oil demand while government policies to build back better and greener are speeding up the energy transition, major oil companies and Continue Reading
Oil prices have rallied since the start of this year, pushed up by the OPEC+ cuts tightening the market and the vaccine rollouts. Analysts and industry leaders have already called Continue Reading
Hyundai Motor Company recently signed a memorandum of understanding (MOU) to work with the South Korean government as well as logistics, battery and mobility companies to demonstrate the electric vehicle Continue Reading
The energy transition and the growing share of electrification of transportation will not lead to a fast decline in global oil demand—any drop in consumption will be very gradual, Argus Continue Reading
A school system outside Washington is poised to become the nation’s biggest operator of electric school buses. The Board of Education in Maryland’s Montgomery County voted unanimously on Tuesday evening to Continue Reading
The first few months of Biden’s administration have made one thing clear, the EV boom is just getting started . And it may be those who are already ahead of Continue Reading
Prefer to watch a video about jet fuel demand? Find Goldman Sachs’ latest forecast here Jet fuel prices hit a 13-month high last week as oil prices rose, making airlines’ Continue Reading
The Washington State House Transportation Committee voted 17-12 to advance legislation calling for all model year 2030 or later passenger and light-duty vehicles sold in the state to be electric Continue Reading
General Motors Co. GM 0.79% is betting its future on electric cars. By mid-decade it plans to spend $27 billion on manufacturing 30 electric models and developing driverless cars. By 2035, it expects to Continue Reading
Demand for gasoline plunged as a deep freeze left millions without power across the U.S., but prices at the pump still rose following disruptions at more than 20 refineries. Retail gasoline Continue Reading
Torc Robotics has selected Amazon Web Services (AWS), Inc. as its preferred cloud provider to handle the scale and speed needed for data transfer, storage, and compute capacity as the Continue Reading
Ford is vowing to convert its entire passenger vehicle lineup in Europe to electric power by 2030 in just the latest sign of the seismic technological changes sweeping the auto Continue Reading
