What’s Really Happening With Gasoline Demand?
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
U.S. automakers say 70% of EV models would not qualify for tax credit under Senate bill
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
At Ford, Quality Is Now Problem 1
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
Airline Flight Woes Drag US Jet-Fuel Consumption Below Forecasts
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
Summer Gasoline Demand in US Drops Below Pandemic Levels
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
Made-in-Vietnam Electric Vehicles Are Heading to the U.S. Market
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
Air travel is in chaos — and there are no easy solutions
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 unveils its first eVTOL passenger drone prototype: V.MO
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
Biden Has a $5 Billion Plan to Eliminate America’s EV Charging Deserts
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
US Refiners haven’t seen Fuel Demand Destruction
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