Texas Deepwater Oil Port Project Advances
Enbridge will gain an option to purchase a stake in Enterprise’s Sea Port Oil Terminal if the offshore Texas project wins a deepwater port license. Enbridge Inc. and Enterprise Products Continue Reading
Electric-car battery prices dropped 13% in 2019, will reach $100/kwh in 2023
Although electric cars haven’t quite taken off in the 2010s the way some had anticipated, sheer economics are pointing to the 2020s as the time when EVs will find that Continue Reading
EU approves 3.2 billion euro state aid for battery research
The European Commission approved on Monday 3.2 billion euros ($3.53 billion) of state aid from seven European Union countries for research and innovation in battery technology. The approval is for Continue Reading
Morgan Stanley: Tesla Stock Could Hit $500
Tesla’s share price could soar to $500 if the company sells a lot of Cybertrucks and its Chinese gigafactory performs better than expected, a Morgan Stanley analyst has said in Continue Reading
SAE International to launch pre-competitive research project to improve EV charging station and network security
SAE International plans to form an industry-led pre-competitive research project to strengthen electric vehicle (EV) charging system security, leading to a more secure implementation of Plug & Charge for ISO Continue Reading
China-built Tesla cars secure new energy vehicle subsidies
Tesla Inc ( TSLA.O ) said on Friday its Chinese-built Model 3 cars would receive state subsidies, a move that will help the U.S. electric vehicle maker’s push into the Continue Reading
GM, LG Chem to build $2.3 billion electric vehicle battery plant in Ohio
General Motors Co ( GM.N ) and South Korea’s LG Chem ( 051910.KS ) said on Thursday they will invest $2.3 billion to build an electric vehicle battery cell joint Continue Reading
OK Beemer: Why European luxury sedans are becoming a relic of the past and electric SUVs are on the rise
Elizabeth Dickson recently decided to skip a luxury gas-guzzling vehicle, instead purchasing a Tesla Model 3. While the Tesla carried a more expensive monthly payment, the 25-year-old from Raleigh, N.C., Continue Reading
Europe Looks To Become An Electric Vehicle Battery Hub
Europe is sometimes — often, even — chided for its slow decision-making, which is seen by many as a product of being a “Club of 27” and the need to Continue Reading
Electric vehicles to make up 50% of new autos by 2040: Platts Analytics
Around half of all light-duty vehicles produced by automakers will be electric by 2040, S&P Global Platts Analytics said Wednesday, although EVs on the road will only be around 23% Continue Reading