Global automobile sales plunged dramatically in the first two quarters of this year as the coronavirus pandemic kept buyers out of showrooms. The market, which peaked several years ago, dropped Continue Reading
US and European airlines warned on Wednesday of grim outlooks for the coming months, cutting schedules as passengers continue to avoid air travel during the pandemic. Ryanair, Europe’s largest low-cost airline, Continue Reading
A recovery in jet fuel, gasoline, and crude oil demand is the one thing standing in the way of drawing down the existing inventory glut for crude and crude products. Continue Reading
Lifetime carbon emissions of electric cars are much lower than previously suggested, according to a new study from the Eindhoven University of Technology. First reported by Der Spiegel , the Continue Reading
Sales of electric vehicles in Germany reached a record 13.2% market share in August and could hit 250,000 in total this year after the government boosted cash and other incentives, Continue Reading
In the second quarter of 2020, the market share of electrically-chargeable vehicles increased to 7.2% of total EU car sales, compared to a 2.4% share during the same period last Continue Reading
BYD announced that its participation in a California-wide purchasing contract will also allow US transit agencies to leverage California’s purchase power to buy US-built zero-emission BYD battery-electric motor coaches, made Continue Reading
Tesla plans to sell additional common stock worth up to US$5 billion and has hired Wall Street’s biggest banks as sales agents, the EV maker said on Tuesday, days after Continue Reading
A Japanese consortium led by NYK Line launched a pilot project Sept. 1 to demonstrate the operation of a high-powered fuel cell vessel by 2024 in order to commercialize such Continue Reading
NYK Line, Toshiba Energy Systems & Solutions Corporation, Kawasaki Heavy Industries Ltd., Nippon Kaiji Kyokai (ClassNK), and ENEOS Corporation announced that Japan’s New Energy and Industrial Technology Development Organization (NEDO) Continue Reading
