Post Tagged with: "electric vehicles"

Source: Reuters

White House touts EVs, but not backing gasoline-powered phase-out date

Reuters


WASHINGTON  – The Biden administration wants to spend $174 billion to boost electric vehicles and charging stations but its 2030 climate emissions reduction pledge released on Thursday does not include a firm date to phase out gasoline-powered vehicles.

“These

Source: Reuters

Factbox: Key facts about used lead-acid battery recycling

Reuters


BEIJING – The global lead-acid battery industry is worth about $65 billion annually, but when used batteries are recycled, the process has been identified as the most polluting in the world.

The lead metal value from smelters that mainly …

April 20, 2021 - 2:00 pm Closing Bell Story‎, Energy News
Source: CNBC

Shell says electric vehicles will be crucial in its efforts to lower carbon emissions

CNBC


Electric vehicles will play a critical role in Royal Dutch Shell’s efforts to cut emissions, according to a senior executive at the oil giant.

“If you look at the decarbonization opportunities of this mobility sector, EV plays a …

Source: Reuters

Biden proposal: $174 billion for EVs, new funds for renewable power

Reuters


WASHINGTON – President Joe Biden’s vast infrastructure plan includes $174 billion to boost the markets for electric vehicles and billions more for renewable power – both provisions aimed at weaning the U.S. off of fossil fuels and combating climate …

Source: Reuters

Column: Battery metals buzz is back as Europe reboots EV sector

Reuters


LONDON  – The battery metals are back.

 

Both lithium and cobalt markets spent the last two years absorbing the glut of supply that followed the price boom of 2017-2018. Low prices and turgid trading conditions caused producers collectively …

Source: Reuters

EV rollout will require huge investments in strained U.S. power grids

Reuters


During several days of brutal cold in Texas, the city of Austin saw its fleet of 12 new electric buses rendered inoperative by a statewide power outage. That problem will be magnified next year, when officials plan to start …

Source: Reuters

To go electric, America needs more mines. Can it build them?

Reuters


Last September, in the arid hills of northern Nevada, a cluster of flowers found nowhere else on earth died mysteriously overnight.

Conservationists were quick to suspect ioneer Ltd, an Australian firm that wants to mine the lithium that lies …

Source: Reuters

Exclusive: U.S. oil industry seeks unusual alliance with Farm Belt to fight Biden electric vehicle agenda

Reuters


NEW YORK – The U.S. oil industry is seeking to forge an alliance with the nation’s corn growers and biofuel producers to lobby against the Biden administration’s push for electric vehicles, but is so far meeting a cool reception, …

Biden’s expected Energy Department pick, Granholm, could lead charge on electric cars

Biden’s expected Energy Department pick, Granholm, could lead charge on electric cars

Reuters


WASHINGTON/DETROIT – When Jennifer Granholm was governor of auto-manufacturing Michigan, she led a charge that secured a whopping $1.35 billion in federal funding for companies to make electric cars and batteries in her state.

Biden's expected Energy Department pick, Granholm, could lead charge on electric cars- oil and gas 360

As President-elect Joe Biden’s expected …

December 17, 2020 - 1:00 pm Closing Bell Story‎, Energy News, People
Colorado Joins California in Requiring Automakers to Sell More Electric Cars

Colorado Joins California in Requiring Automakers to Sell More Electric Cars

From CNBC


Colorado has become the 11th state to adopt California’s zero-emission-vehicle mandate forcing automakers to sell more electric cars in the state.

The new rule was passed by Colorado’s air-quality commission by a vote of 8 to 1 on …

Source: Electrify America

Volkswagen Subsidiary Invests $2 Billion So You Can Charge Your Tesla at Walmart

Plan for a country-wide network of charging stations is underway
It’s one of the biggest roadblocks surrounding the widespread adaptation of electric vehicles (EVs); what happens when the battery is depleted?

Walmart, in partnership with Electrify America, a wholly owned

How Much Oil Is Displaced by Electric Vehicles? Not Much, So Far

How Much Oil Is Displaced by Electric Vehicles? Not Much, So Far

From Bloomberg

Electric vehicles are taking ever-bigger bites out of global oil demand, but they haven’t yet caught up with the growing size of the pie.

Gasoline and diesel displacement by electric vehicles will grow by 96,000 barrels a day …

March 19, 2019 - 3:31 pm Closing Bell Story‎, Crude Oil News, Energy News
What Electric Vehicle Adopters Can Learn from Natural Gas Fleets

What Electric Vehicle Adopters Can Learn from Natural Gas Fleets

NatGas vehicle fuel is alive and well, but lives deep in the shadow of sexier EV headlines

UPS is making a $100-million investment in natural gas transportation each year

From FreightWaves

If you’ve missed the headlines lately, electric vehicles (EVs) …

February 8, 2019 - 11:50 am Closing Bell Story‎, Transportation
Before the Electric Car Can Take Over, Someone Needs to Reinvent the Battery

Before the Electric Car Can Take Over, Someone Needs to Reinvent the Battery

From Bloomberg

To deliver an electric vehicle that’s cheaper, safer and capable of traveling 500 miles on a single charge, the auto industry needs a breakthrough in battery technology. Easier said than done.

Scientists in Japan, China and the U.S. …

January 7, 2019 - 4:02 pm Closing Bell Story‎, Energy News
Is Natural Gas Trucking’s Future, or is CNG Just a Pit Stop on the way to Electric Semi-Trucks?

Is Natural Gas Trucking’s Future, or is CNG Just a Pit Stop on the way to Electric Semi-Trucks?

CNG fueling stations are sprouting up at transit facilities and truck stops, but over-the-road electric trucks loaded with technology, creative leases, battery swapping and free fuel are coming to U.S. on-ramps

Last week, Pennsylvania’s Governor Tom Wolf celebrated the opening …

Will EVs Swap Oil for Copper?

Will EVs Swap Oil for Copper?

EVs could demand enough copper, other metals to dwarf oil market fallout: BHP

According to Bloomberg New Energy Finance, EVs could displace oil demand of 2 million barrels a day as early as 2023. “That would create a glut of …

Obama Directs $4.5 Billion in U.S. Government Loan Guarantees to Speed the Adoption of Electric Vehicles

Obama Directs $4.5 Billion in U.S. Government Loan Guarantees to Speed the Adoption of Electric Vehicles

With less than six months remaining in his stay at the White House, President Obama has come out with a program to use the U.S. taxpayers’ money to guarantee loans for parties who are working to accelerate the adoption of …

Tesla Blindsided by High Demand for Its Model 3

Tesla Blindsided by High Demand for Its Model 3

$325 million from Model 3 deposits alone

In February of 2016, Tesla Motors announced that the company would soon be unveiling a new model of electric car, the Model 3. The grand unveiling came on March 31st with dedicated Tesla …