The US Energy Information Administration Jan. 12 raised its natural gas consumption forecasts for the first two quarters of 2021, even as it continued to predict rising gas prices will Continue Reading
General Motors Co on Tuesday presented a futuristic flying Cadillac – a self-driving vehicle which takes off and lands vertically and carries the passenger above the streets and through the Continue Reading
General Motors has launched a new business, BrightDrop , which will offer an ecosystem of electric first-to-last-mile products, software and services to empower delivery and logistics companies to move goods Continue Reading
In 2020, Volkswagen Passenger Cars delivered more than 212,000 electric cars in total (+158 percent versus 2019), including nearly 134,000 battery electric vehicles (+197 percent versus 2019). This brought the Continue Reading
Carnival Corp. CCL -1.61% said it is continuing to burn cash and expects to post another sizable loss after almost a year since onboard coronavirus outbreaks brought its voyages to a halt in the Continue Reading
Tesla may be closer to producing the US$25,000 electric vehicle sooner than the market thought, according to media reports. At Tesla’s Battery Day in September 2020, Elon Musk said that Continue Reading
Mercedes-Benz experienced a sharp increase in xEV deliveries in 2020, with more than 160,000 plug-in hybrids and all-electric vehicles sold worldwide (+228.8%), including about 87,000 units in the fourth quarter Continue Reading
A chip shortage that has disrupted vehicle production in other parts of the globe is reaching U.S. shores, stifling output for major car companies and dimming prospects for a smooth Continue Reading
General Motors on Friday unveiled a new corporate logo, its first major logo change since 1964, as part of a new campaign to accelerate the automaker’s focus on electric vehicles Continue Reading
Saudi Arabia’s unexpected major oil production cut announced on Tuesday is likely a sign that the world’s largest oil exporter expects oil demand to weaken in coming weeks due to Continue Reading
