Last Friday, Warren Buffett served a new blow to an already troubled industry, shaking it to the core: The celebrity investor announced that Berkshire Hathaway had sold all its holdings Continue Reading
North American fleets ordered 4,000 of the Class 8 trucks used in highway transport last month, down 73% from April 2019 and 44% from March, according to preliminary estimates from Continue Reading
U.S. airlines are collectively burning more than $10 billion in cash a month and averaging fewer than two dozen passengers per domestic flight because of the coronavirus pandemic, industry trade Continue Reading
A team from the University of Tennessee and the National Renewable Energy Laboratory (NREL) has the fuel savings due to fuel economy improvements over the past 43 years amount to Continue Reading
A new report from the Road Ecology Center at the University of California, Davis has found that total US vehicle miles traveled (VMT) at the county and state level have Continue Reading
Airbus and Rolls Royce jointly have decided to end the E-Fan X demonstrator program. ( Earlier post .) Launched in 2017, the E-Fan X project sought to develop a near-term Continue Reading
Once the airline industry’s ugly ducklings, air freighters are now flying high as some of the only airplanes still criss-crossing the skies during the global coronavirus crisis. While these aerial Continue Reading
Tesla Inc ( TSLA.O ) on Wednesday posted its third quarterly profit in a row, but said the novel coronavirus was hurting deliveries and lockdown restrictions made it impossible for Continue Reading
U.S. freight railroads are hunkering down to wait for better days, whenever those come. CSX Corp. and Union Pacific Corp. have taken hundreds of locomotives offline in recent weeks, reduced Continue Reading
When the timeline of the pandemic of 2020 is complete, March 24 will stand out as a day to remember for everyone from sports fans to anthropologists to cola drinkers. Japan Continue Reading
Before the coronavirus outbreak, 2020 was to be a crucial year for automakers selling electric vehicles in China, with several industry titans opening new factories and rolling out new models. Continue Reading
The shuttering of the U.S. economy due to the coronavirus pandemic is a shock of historic proportions that likely will push the national unemployment rate to 16% or higher this Continue Reading
Two senior U.S. House Democrats on Friday asked the U.S. Treasury and Federal Reserve to direct at least $5 billion in loans to struggling intercity bus companies because of the Continue Reading
The large size of the US auto market and high GDP per capita, as well as easy access to financing options, make it a leading candidate for EV uptake. However, Continue Reading
Amid a global transport industry crisis brought about by the coronavirus pandemic, a study from clean energy nonprofit Transport and Environment has added strength to the argument that EVs emit Continue Reading
WiTricity’s technology for wireless power transfer over distance was central to a next-generation electric mobility demonstration in Osaka, Japan, led by DAIHEN Corporation, a global leader in electric power transmission. Continue Reading
Researchers at the Department of Energy’s Oak Ridge National Laboratory (ORNL) in late February demonstrated a 20-kilowatt bi-directional wireless charging system installed on a UPS medium-duty, plug-in hybrid electric delivery Continue Reading
This is the age of wild rides that are transforming the personal transportation sector into something worth more than ever. We not only have the soon-to-be available space tourism, but Continue Reading
ABB will supply high voltage-capable chargers for the Volvo LIGHTS project. ( Earlier post .) ABB’s charging systems can charge any electric vehicle (EV) battery at up to 920 VDC, Continue Reading
As Covid-19 crunches car sales globally, a backlog of orders have helped electric vehicles maintain momentum in much of the world —better than gas-powered cars and trucks. ven in March, Continue Reading
Oil demand is expected to be down by nearly 30 million barrels per day (mb/d) in April and down by almost 10 mb/d for the entire year, according to the Continue Reading
United Airlines Holdings Inc ( UAL.O ) said on Wednesday that it has cut its flight schedule by 90% in May and expects similar cuts for June as a result Continue Reading
U.S. electric vehicle maker Tesla Inc’s ( TSLA.O ) China car registrations jumped 450% in March, month on month, data from auto consultancy LMC Automotive showed. Tesla’s China registrations rose Continue Reading
The new guidance is slated to be issued in the coming days, they said, and is expected to resemble earlier moves by carriers and foreign aviation authorities from Canada to Continue Reading
The decarbonization of electricity production around the world today may be seen as part of a technological shift. Everyone wants electricity or its immediate benefits like cell phone charging. And Continue Reading
A report by market analyst Roskill states that the slowdown in the Chinese EV market during H2-2019 and the covid-19 pandemic have had a significant impact on demand projections for Continue Reading
With airlines facing a $250-billion loss in revenue for 2020 at a minimum, the additional $35 billion they might have to pay in the form of refunds over the next Continue Reading
Battery electric vehicles are only as clean as the energy source used to generate the electricity that powers them. The calculated relative amounts of well-to-wheels emissions of greenhouse gases from Continue Reading
Tesla has just had its best month in China, selling a record high number of electric vehicles in March despite a 41-percent plunge in overall car sales in the world’s Continue Reading
Global oil demand is being destroyed as the coronavirus forces people around the world to remain indoors and avoid all unnecessary travel. Currently, more than two-thirds of the world’s population are Continue Reading
The number of Americans getting on airplanes has sunk to a level not seen in more than 60 years as people shelter in their homes to avoid catching or spreading Continue Reading
This year was supposed to be a watershed for electric vehicles, with BYD, Daimler, General Motors, Tesla, and other industry titans scheduled to roll out new models and open manufacturing plants Continue Reading
China will soon release the development plan for new energy vehicles, or NEVs, for 2021-2035 to stabilize and expand consumption of electric vehicles and other hybrid cars, the Ministry of Continue Reading
U.S. gasoline demand has collapsed as stay-at-home orders keep drivers off the road, following the pattern seen in the hardest-hit parts of Europe. Sales at retail stations were down 46.6% Continue Reading
The world’s airlines, no longer operating a globe-spanning choreography of flights, are consumed with new work: navigating government bailout offers, negotiating with unions, finding places to park idle planes and Continue Reading
The slowdown in China’s electric vehicle sector could have knock-on effects on the battery metals market in both the short and long run, commodities analysts at Argus Media said in Continue Reading
International seat capacity has dropped by almost 80% from a year ago and half the world’s airplanes are in storage, new data shows, suggesting the aviation industry may take years Continue Reading
While electric vehicles are often touted as the climate-friendly green alternative to standard combustion engines, there are some people that question whether this is really the case, or if it Continue Reading
China will extend the subsidies and tax exemption provided for the purchase of new energy vehicles, which was due to be removed by the end of this year, for another Continue Reading
More states are imposing special registration fees on electric vehicles, sparking complaints that the levies undermine efforts to get consumers to embrace alternative-fuel cars. Twenty-eight states charge from $50 to Continue Reading
The COVID-19 pandemic has been a bane to vehicle producers in Asia, but the industry’s reaction is just the tip of a supply chain disruption as heightened demand destruction to Continue Reading
NASA has released a series of concept images of the all-electric X-57 Maxwell airplane ( earlier post ), showcasing aspects of its final Mod IV configuration during different flight modes. Continue Reading
The global spread of the coronavirus will cause oil demand to drop by roughly 20 million b/d to about 80 million b/d this year, Fatih Birol, executive director of the Continue Reading
Global oil demand could fall by about 20 million barrels per day , EIA’s Executive Director, Fatih Birol said in a Thursday press briefing, according to Bloomberg. As 3 billion Continue Reading
Global oil demand could plummet by 18.7 million bpd in April, deepening an expected demand plunge of 10.5 million bpd for March, Goldman Sachs said, while the coronavirus pandemic continues Continue Reading
With only a week to go before OPEC+ countries start flooding the world’s total oil production with an estimated extra 2.5 million barrels per day (bpd) amid the Covid-19 crisis, Continue Reading
The world is awash in crude oil, and is slowly running out of places to put it. Massive, round storage tanks in places like Trieste, Italy, and the United Arab Continue Reading
Saudi Arabia has promised a flood of cheap oil to Europe as it aims to hit its former ally Russia in its own backyard, but it looks like demand for Continue Reading
Demand for gasoline in the United States fell by 859,000 bpd, the Energy Information Administration (EIA) said in its weekly petroleum status report . According to Reuters, this is the Continue Reading
The Trump administration will continue to urge Congress to appropriate $3 billion to fill the Strategic Petroleum Reserve with US crudes after lawmakers removed the plan from a coronavirus relief Continue Reading
