U.S. East Coast jet fuel costs soar on shortage fears
Jet fuel prices are soaring on the U.S. East Coast, home to some of the world’s busiest airports, with buyers anticipating a growing shortage as supply dwindles amid sanctions on Continue Reading
Surging price of battery materials complicates carmakers’ electric plans
The car industry’s multibillion-dollar bet on electric vehicles was built on a single premise: that batteries would carry on getting cheaper. In 2019, Volkswagen executives even brandished charts predicting a Continue Reading
American motorists press the accelerator despite oil shortfall
The White House has promised 180mn barrels from emergency oil stockpiles to address a global energy supply crisis. As for reducing consumption, American drivers have not gotten the memo. US Continue Reading
America Is Finally Taking The Battery Metal Shortage Seriously
President Joe Biden is preparing a new plan to boost domestic supply of key battery metals. Currently, the United States imports more than half of its annual consumption of 31 Continue Reading
French power grid operator asks users to cut consumption on Monday
French power grid operator RTE warned on Saturday of a potential “tense” situation between the supply and demand of electricity in the country in the wake of the cold wave Continue Reading
Electric vehicle start-ups face their toughest challenge: making cars
Just outside the English market town of Bicester, 15 miles from Oxford, lies the shell of a factory that sits at the forefront of the electric vehicle revolution in the Continue Reading
GlobalData: Global automakers earmark nearly US$600B for EVs over next decade
Aggressive emission and carbon neutrality targets set by regulators worldwide entails a faster transition from traditional automakers to next-gen electric vehicle (EV) manufacturers. Therefore, automakers are committing operational investments of Continue Reading
Tesla’s Big Addition of Chargers in China Helps Boost Sales
Recently I’ve been analyzing the growth in the public charging network in 2021, as we’ve just released BNEF’s 2022 Global EV Public Charging Update . Not surprisingly, Tesla is a Continue Reading
New vehicles must average 40 mpg by 2026, up from 28 mpg
New vehicles sold in the U.S. will have to average at least 40 miles per gallon of gasoline in 2026, up from about 28 mpg, under new federal rules unveiled Continue Reading
Amazon, Alphabet and Others Are Quietly Rolling Out Drone Delivery Across America
Every day, millions of sailors, truck drivers, longshoremen, warehouse workers and delivery drivers keep mountains of goods moving into stores and homes to meet consumers’ increasing expectations of convenience. But Continue Reading