Inside a colossal new plant, about 13 football fields long, the employees of SK Battery America are at work 24/7, essential players in the high-stakes early days of a worldwide Continue Reading
The climate and energy package awaiting final approval by Congress aims to achieve two goals that are not always compatible: Make electric vehicles more affordable while freezing China out of Continue Reading
United Airlines Holdings Inc. UAL 2.35%▲ has paid a $10 million deposit for 100 electric flying taxis, a sign that the airline is growing more confident in the nascent technology. Continue Reading
The US will consume less gasoline this year than previously thought, although total demand will still top 2021 levels, according to the latest government forecast. Gasoline consumption for 2022 is Continue Reading
Ford Motor Co.’s new all-electric truck is getting a price increase fewer than four months after it started shipping to dealerships for the first time. The Dearborn, Mich., automaker said Continue Reading
China’s homegrown new-energy vehicle makers are booming as demand surges, with sales now forecast to hit a record six million this year in the world’s largest auto market. Warren Buffett-backed Continue Reading
Gas stations in the US are selling plenty of fuel, even as government data shows a steep drop in wholesale gasoline demand. The amount of retail gasoline sold in the Continue Reading
Battery-powered vehicles are considered essential to the fight against climate change, but most models are aimed at the affluent. Ford has stopped taking orders for Lightning electric pickups, with a Continue Reading
Russian airlines, including state-controlled Aeroflot (AFLT.MM) , are stripping jetliners to secure spare parts they can no longer buy abroad because of Western sanctions, four industry sources told Reuters. The Continue Reading
China took a notable regulatory step in the field of driverless taxis, with two cities giving Baidu Inc. BIDU -1.61%▼ approval to operate ride-hailing services without a driver or a Continue Reading
As President Biden is reminding everyone who will listen, gasoline prices in the United States have been falling for 50 days straight. A debate has been raging over exactly how Continue Reading
Most electric-vehicle models would be ineligible for a $7,500 tax credit for U.S. buyers under a Democratic proposal in the U.S. Senate, a group of major automakers said on Friday. Continue Reading
Josh Halliburton HAL 1.91%▲ joined Ford F -0.46%▼ Motor Co. in January to help improve its shaky quality record. Within months it was clear how big a challenge he faced. Continue Reading
A drop in US jet fuel consumption verifies what travelers have felt for months: Airlines haven’t been able to keep up with summer travel demand. Carriers contending with labor shortages Continue Reading
Americans are officially driving less than they did in the summer of 2020, when pandemic travel restrictions all but halted movement. The four-week average of US gasoline consumption — the Continue Reading
A VinFast SUV was unveiled at the 2021 L.A. Auto Show in Los Angeles. Vietnam’s Vingroup JSC VIC -4.48%▼ became a corporate juggernaut in its home country, operating everything from Continue Reading
If you’ve traveled much by air over the past few months, chances are you have encountered difficulties: flight delays and cancellations, misplaced luggage, massive lines for check-in and security. Commercial Continue Reading
Volkswagen Group China unveiled its first electric Vertical Take-Off and Landing (eVTOL) passenger drone prototype, as part of its strategy to explore and break new ground in fully electric and Continue Reading
Across Montana’s 147,000 square miles, the state government recently counted 57 charging stations. Building a nationwide network requires putting EV chargers in the middle of nowhere. Montana’s vast spaces and Continue Reading
U.S. refiners: there’s no indication of fuel demand destruction. The latest reporting week in EIA data showed that gasoline demand increased from 8.52 million barrels per day (bpd) to 9.25 Continue Reading
ConnectDER , the developer of a meter collar that integrates between the home’s electric meter socket and the meter itself, will supply Siemens with a proprietary plug-in adapter for electric Continue Reading
BP’s latest annual statistical review of world energy reveals the top oil and gas consumers of last year. According to BP’s latest annual statistical review of world energy, the top Continue Reading
‘You have to go back to 1996 to find a lower July average’. July U.S. gasoline demand readings are extremely poor. That’s according to a new report from Standard Chartered, Continue Reading
The United Kingdom declared a national emergency this week during a historic heat wave that’s melted runways, snarled train travel and shattered temperature records. The devastation has been particularly acute in a Continue Reading
Researchers at Cornell have developed a coupled transportation–power system framework for incorporating a wireless charging road system into the real-time electricity market. In addition, they propose an optimization-based control strategy Continue Reading
Gevo announced a new fuel sales agreement with American Airlines for the sale of 100 million gallons per year of sustainable aviation fuel (SAF) for five years from Gevo’s future Continue Reading
U.S. carriers are struggling to offset higher costs even as booming travel demand has given them strong pricing power, raising questions about their ability to shield profit once consumer demand Continue Reading
Ford Motor Co (F.N) on Thursday said it will import lower-cost lithium iron batteries for its North American electric pickup trucks and SUVs from Chinese battery champion CATL (300750.SZ) , Continue Reading
Volvo aims to become a pure electric car maker by 2030. Volvo Car AB’s VOLCAR.B -3.64%▼ transformation into an electric-vehicle maker accelerated in the second quarter, reflecting a broader trend Continue Reading
Carbon transformation company Twelve, Alaska Air Group, and Microsoft have signed a Memorandum of Understanding (MOU) to collaborate on advancing the market for sustainable aviation fuels (SAF) to include fuels Continue Reading
To accelerate the widespread adoption of EVs, increase access to charging and help enable long-distance electric travel of people and vehicles across the US, GM and Pilot Company (Pilot and Continue Reading
BP Plc (BP.L) is aiming to start producing sustainable aviation fuel (SAF) in Australia by 2025 after converting its oil refinery near Perth to produce renewable fuels, a senior executive Continue Reading
Expensive gasoline is keeping more US drivers off the road than the Covid-19 pandemic did at this time two years ago. The country’s demand for gasoline tumbled last week to Continue Reading
Tesla Inc.’s main battery supplier in the U.S., Panasonic Holdings Corp., PCRFY -1.05%▼ said it would build a $4 billion electric-vehicle battery factory in De Soto, Kan., the latest move in the EV industry’s race to Continue Reading
The US will consume less gasoline from July through October than previously thought as pump prices remain historically high. The country’s gasoline demand is now expected to reach 9.07 million Continue Reading
Stress lines in oil consumption are continuing to form. Across oil-consuming economies, stress lines in oil consumption are continuing to form amid tight product supplies and high pump prices. That’s Continue Reading
Stress lines in oil consumption are continuing to form. Across oil-consuming economies, stress lines in oil consumption are continuing to form amid tight product supplies and high pump prices. That’s Continue Reading
In the race to go electric, carmakers have focused on range to ease consumer anxiety over charging infrastructure, but battery makers are already working on the smaller, longer-lasting and cheaper Continue Reading
Tesla Inc. monthly shipments of China-made vehicles rebounded to a record in June, a stunning recovery after restrictions to stop the spread of Covid in Shanghai knee-capped the carmaker’s factory Continue Reading
After three years as the world’s most popular maker of battery-powered cars, Tesla was this week forced to hand back that crown to one of the industry’s least known yet Continue Reading
A Polestar 2 being tested in the Arctic Circle. Photographer: Polestar The early days of any new technology tend to be — to put it technically — insane. Airlines in Continue Reading
The waiting list for General Motors Co.’s GM -5.05%▼ new GMC Hummer electric pickup truck and related SUV model recently topped 77,000 prospective buyers. Most are likely in for a long wait. GM’s renovated Detroit factory, Continue Reading
Supply-chain kinks continued to suppress vehicle inventory and sales in the first half of the year, exacerbating a seller’s market that has pushed new-car prices to record highs. Sales of Continue Reading
‘More Pain at the Pump to Come,’ Stephen Schork Says Global road fuel demand will peak in five years though it will be decades before shifts in consumption reshape transportation’s Continue Reading
Ford F -2.46%▼ Motor Co. is preparing new rules for how it sells electric vehicles, a shift that is concerning some dealers and seen as challenging the traditional franchise model. Executives from the Continue Reading
Many drivers aren’t looking for free upgrades when they rent cars for summer road trips. They are more concerned with fuel efficiency. The cost of gasoline has retreated slightly from the record highs Continue Reading
Oil exports from the US Gulf Coast are set to hit an all-time high of 3.3 million barrels per day (bpd) in the second quarter of 2022, as refining capacity Continue Reading
The White House said on Tuesday that companies are planning to invest more than $700 million to boost U.S. manufacturing capacity for electric vehicle (EV) chargers – actions set to Continue Reading
Exports of crude oil from the U.S. Gulf Coast could hit a record 3.3 million barrels per day (bpd) this quarter, analysts said on Monday, as Europe chases U.S. crude Continue Reading
Russia’s seaborne crude exports plunged last week, but the drop probably doesn’t indicate that sanctions are starting to bite. Flows from Russian ports were down week-on-week by 20%, falling to Continue Reading
