Archive for the 'Energy' Category
Ford Motor to Put $500 Million Into Electric Vehicle Startup Rivian
April 24th, 2019Panic: With Ford, who wants to increasingly focus on milking truck profits, it could get ugly over there in a couple of years when Rivian and Tesla enter the pickup truck market. Ford only has a hybrid F-150 planned for 2020. Via: Reuters: Ford Motor Co said on Wednesday it will invest $500 million in […]
On South America’s Largest Solar Farm, Chinese Power Radiates
April 23rd, 2019Via: Reuters: At a time when Trump is doubling down on fossil fuels and withdrawing the United States from global partnerships, Chinese President Xi Jinping’s sprawling “Belt and Road” initiative aims to put Chinese companies and innovation at the center of infrastructure development worldwide, including next-generation power sources. “It is a way of expanding China’s […]
Mystery Surcharge Among Taxes, Fees Added To Gasoline In California
April 19th, 2019Via: CBS: A University of California, Berkeley professor is drawing attention to a gasoline “mystery surcharge” in the state – unexplained price increases in gasoline which have cost drivers $20 billion since 2015. Severin Borenstein, professor at UC Berkeley’s Haas School of Business and former chairman of the state’s Petroleum Market Advisory Committee, has spent […]
Tesla and Panasonic Freeze Spending on $4.5 Billion Gigafactory
April 11th, 2019Via: Nikkei: Tesla and Panasonic are freezing plans to expand the capacity of their Gigafactory 1, the world’s largest EV battery plant, as concerns mount on Wall Street about weakening demand at Elon Musk’s car company. The partners had planned to raise capacity by 50% by next year, but financial problems have forced a rethink, […]
United States Supply Chain Strategy for Electric Vehicles
April 8th, 2019Via: Reuters: U.S. government officials plan to meet with executives from automakers and lithium miners in early May as part of a first-of-its-kind effort to launch a national electric vehicle supply chain strategy, according to three sources familiar with the matter. While Volkswagen AG, Tesla Inc and other electric-focused automakers and battery manufacturers are expanding […]
Apple Developing an Electric Car, Hires Tesla’s Former Head of Electric Powertrains
March 31st, 2019I wonder if it will be made in China by Foxconn… Via: Electrek: There has long been a debate about Apple’s secretive automotive project being only about a self-driving system for vehicles rather than a full electric autonomous vehicle. It now looks clear that the latter is the case as Apple hires Tesla’s head of […]
U.S. Approved Secret Nuclear Power Work for Saudi Arabia
March 27th, 2019Via: Reuters: U.S. Energy Secretary Rick Perry has approved six secret authorizations by companies to sell nuclear power technology and assistance to Saudi Arabia, according to a copy of a document seen by Reuters on Wednesday. The Trump administration has quietly pursued a wider deal on sharing U.S. nuclear power technology with Saudi Arabia, which […]
U.S. Mercenaries Arrested in Haiti Were Part of a Half-Baked Scheme to Move $80 Million for Embattled President
March 26th, 2019Via: The Intercept: Most of the Americans arrived in Port-au-Prince from the U.S. by private jet early on the morning of February 16. They’d packed the eight-passenger charter plane with a stockpile of semiautomatic rifles, handguns, Kevlar bulletproof vests, and knives. Most had been paid already: $10,000 each up front, with another $20,000 promised to […]
Forget Tesla, It’s China’s E-Buses That Are Denting Oil Demand
March 20th, 2019Via: Bloomberg: The oil industry needn’t be too concerned — for now — about how Tesla Inc.’s electric cars are denting demand. China and its bus fleet could be more of a worry. By the end of this year, a cumulative 270,000 barrels a day of diesel demand will have been displaced by electric buses, […]
VW Cutting Jobs, Electric Vehicles Require Fewer Workers
March 12th, 2019Via: Reuters: Volkswagen said it will cut jobs as it launches almost 70 new electric models by 2028, accelerating its rollout of zero-emission cars as earnings revealed the operating margin at its core brand had taken a hit. … “The reality is that building an electric car involves some 30 percent less effort than one […]
