Shanghai’s Tesla Factory Could Be Shuttered Until Mid-May
With all of the chaos taking place in Shanghai as a result of a new round of mysteriously overbearing Covid lockdowns, there has been very little attention paid to Tesla’s Continue Reading
Electric vehicle targets ‘impossible’ without changes to lithium pipeline
Battery manufacturers are confronting a severe lithium shortage, highlighting the need to challenge China’s dominance of raw material supply chains, an Australian lithium producer has warned. Stuart Crow, chair of Continue Reading
The World’s Electric Vehicle Fleet Will Soon Surpass 20 Million
The world is about to pass another important milestone in electric vehicle adoption: 20 million plug-in vehicles on the road globally, come June, according to BNEF estimates. That’s remarkable growth Continue Reading
Walmart Dangles $110,000 Starting Pay to Lure Truck Drivers
The trucking industry has long been dealing with a shortage of drivers and high job turnover, but supply-chain bottlenecks have underscored the need for new recruits. Here’s how some companies Continue Reading
Werner piloting Aurora’s autonomous trucks on 600-mile route in Texas
Aurora Innovation and Werner Enterprises, a premier transportation and logistics provider, announced a collaboration and commercial pilot to test and deploy safely autonomous trucks on one of the most commercially Continue Reading
Hong Kong Still Banning Flights at Fastest Rate Since January
Less than a week after Hong Kong rolled back some of the world’s strictest inbound travel curbs, at least six airlines have had routes banned, creating havoc for travelers and Continue Reading
High raw material costs, COVID-19 measures challenge China’s NEV industry
High prices dampen battery metals demand Facing a fresh wave of COVID-19 outbreaks , China’s strict lockdown measures are dealing a huge blow to the NEV industry, just two weeks Continue Reading
Hertz Plans Electric Car Fleet Expansion With 65,000 Polestars
Hertz Global Holdings Inc. plans to buy 65,000 electric vehicles from Polestar over the next five years, betting its renters are both EV curious and eager to drive brands beyond Continue Reading
Why GM and Ford Stocks Have Driven Off Course
Ford and GM recently introduced their first electric pickup trucks. WSJ auto reporter Mike Colias breaks down the different strategies the two legacy auto manufacturers are pursuing to bring their Continue Reading
New York jet fuel hits $7.59/gal, or $318.62/b, likely a refined products market record
Unprecedented bid levels send Buckeye benchmark to all-time high Unprecedented volatility spurred by the Russia-Ukraine conflict has catapulted the price of jet fuel in New York Harbor to all-time highs Continue Reading