EDITOR'S CHOICE

Exxon and Chevron Megadeals Reveal Why Days of Easy Oil Are Over

29 Oct 2023 | Synopsis

"Exxon Mobil Corp. and Chevron Corp. spent recent days telling investors why they want to spend $114 billion combined on two megadeals...In short, the days of easy oil production growth are over...Investors 'don’t believe this business can be sustainable...'

"Out at sea, exploration is expensive and unpredictable. US shale fields are experiencing declining production growth as the best acreage has been already fracked..."

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Le Mans Organizer Reveals MissionH24 Hydrogen-Electric Racer

28 Oct 2023 | Synopsis

"The concept, known as the MissionH24, is being developed with a target weight of 1,300 kg (approximately 2,866 pounds) and a top speed of 199 mph...A hydrogen-electric vehicle is essentially an EV that uses a hydrogen fuel cell instead of a battery to power an electric drive system...a single electric motor rated at 871 hp powers the rear wheels...also charges a small lithium-ion battery, which weighs less than 180 pounds"

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It's Electric! How Businesses Are Bringing EVs To Underserved Communities

28 Oct 2023 | Synopsis

"...new initiative designed to increase affordable access to electric vehicles for low-income drivers. The program is a collaboration of the nonprofit BlueHub Energy, vehicle-to-grid provider Fermata Energy, and Enterprise Holdings, which teamed up to offer qualified drivers access to a low-cost rental vehicle and to subsidize the cost of installing chargers.

"The solution for low-income EV adoption? Renting instead of buying..."

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How Long Do EV Batteries Last? New Research Suggests It's Way Longer Than You Might Think

28 Oct 2023 | Synopsis

"An independent analysis of 15,000 EV batteries finds that most don't need to be replaced until they're well over a decade old...it seems that EV batteries have much longer lifespans than anyone imagined, since very few of them have been replaced

"The oldest models in the study have the highest percentage of battery replacements, at about 5% for those that have been on the road for nine to 12 years..."

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Car Companies Are Suddenly Super Worried About the Future of EVs

28 Oct 2023 | Synopsis

"If electric vehicles are going to be the eco-friendly future of cars, their popularity with buyers right now isn't quite reflecting that...Chairman of Toyota Motor Akio Toyoda said that with the drop in demand for EVs in the US, the industry is having a reckoning about the technology.

"Despite all the gloomy talk, it's worth noting that EV sales are actually still growing. In the first half of 2023, sales climbed by 51 percent..."

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BP Buys $100M Worth of Tesla Ultra-Fast Chargers

28 Oct 2023 | Synopsis

"The purchase is part of BP Pulse's plans to invest up to $1 billion in charging stations across the U.S. by 2030 and it offers EV market leader Tesla a new revenue stream...The first charges will be installed in Houston, Phoenix, Los Angeles, Chicago and Washington...250 kilowatt BP Pulse-branded chargers will be compatible with both Tesla's North American Charging Standard (NACS) and Combined Charging System (CCS) connectors..."

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Why The Green, Circular Economy Is Key To Beating The Triple Planetary Crisis

27 Oct 2023 | Synopsis

"The root of the planetary crisis is found in the unsustainable way in which the global economy operates. This is a linear model...

"The benefits of a green, circular transition are exponential. Resources, energy and waste volumes will be minimized at every stage of the product lifecycle, as will greenhouse gas emissions, pollution and public health risks."

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Toyota Admits Hydrogen-Fueled Mirai Has "Not Been Successful"

27 Oct 2023 | Synopsis

"Toyota's chief technology officer, Hiroki Nakajima, said during the Japan Mobility Show that it has been 'difficult to realize' hydrogen fueling stations...The Mirai has not been successful, with the company deciding to develop the technology for commercial vehicles.

"According to the US Department of Energy's Alternative Fuels Data Center, there are only 57 hydrogen refueling locations in the US, all in California."

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€100/Month Electric Cars Program Launches In France Next Week

27 Oct 2023 | Synopsis

France currently is at "...30% plugin vehicle market share, and 20% full battery electric vehicle (BEV) market share. But the government is working to accelerate that...Starting next week, there will be a €100/month electric car leasing program (“scheme” as they say) in the country for certain eligible cars. A car has to be produced in the EU to be eligible...scheme to give people access to electric cars made in Europe."

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The 'Semi-Trike' Is A Five-Wheeled Semi-Truck Meets Electric Bike

27 Oct 2023 | Synopsis

"Civilized Cycles describes the Semi-Trike design as bringing “four wheel safety to three wheel vehicles...The rear cargo box seems to come in multiple sizes and rides on a platform with four wheels for extra stability...a payload capacity of 340 kg (750 lb) and a gross vehicle weight limit of 450 kg (1,000 lb)...cargo platform rides on custom 1-ton axles with 8″ wheels, a 1,200W motor, and self-leveling air suspension."

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Real-World Test Has Tesla Semi Silencing Critics: 'I Never Expected The Semi Would Actually Be Able To Get Numbers Like This'

27 Oct 2023 | Synopsis

"In an independent study conducted by the North American Council for Freight Efficiency (NACFE), a Tesla Semi managed a distance of 1,076 miles over 24 hours... the Semi achieved the feat on three charging stops, with two of those stops lasting less than 45 minutes, according...a third stop of over an hour brought the Tesla's battery charge from 3% to nearly 90%...the truck was driving 81.8% of the time, while charging time only accounted for 11.1% of the journey."

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Have Electric Cars Reached Price Parity With Fossil Fuel Cars Now?

26 Oct 2023 | Synopsis

In 2021 "...we asked people when they thought electric cars would become cheaper to buy than gasoline and diesel cars. The most common answer, with 36 percent of respondents, was never

"For several years, the total cost has been lower for an electric car, but only a few who buy a new car make a calculation of the total cost....what will happen now when the prices are at the same level and soon are clearly much lower?"

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