Sales are growing very quickly and many new models are coming on line, while battery technology is improving rapidly, with costs falling sharply and energy density rising. However, while these factors suggest that electric vehicles will gain substantial market share it does not say how much how soon.
The government invested because of hopes that such advanced biofuels could reduce global warming pollution from vehicles compared with gasoline.
The looming 2025 federal Corporate Average Fuel Economy (CAFE) goal of 54.5 miles per gallon across an automaker’s fleet is one of the driving factors behind a series of advancements in more-efficient engine and powertrain technologies.
OPEC isn’t yet in safe harbor. But ahead of a top-level meeting, the 13-nation oil cartel appears close to weathering the storm of slumping crude prices that threatened to bankrupt some members and called into question its relevance.
Global crude oil supply has suffered significant disruption in recent weeks from sabotage in Nigeria, fires in Canada, and political failure in Venezuela, supporting a rise in prices to nearly $50 a barrel.
Hydrogen fuel cell cars are beginning to trickle onto California’s roads. True Zero wants to help automakers prepare for a more steady stream.
Pity the poor petro-states. Once so wealthy from oil sales that they could finance wars, mega-projects, and domestic social peace simultaneously, some of them are now beset by internal strife or are on the brink of collapse as oil prices remain at ruinously low levels.
Share on Facebook (7,531) Tweet Share (818) Pin (4) Though the Gigafactory has been partially operational for months, Tesla hasn’t yet officially “opened” its massive Nevada battery plant — but that’ll change on July 29th, when some Tesla owners will gather with company officials for a ceremony at the facility.
The amount of pollution created by vapor from Canada’s oil sands, which contributes to climate change, ranks on par with most major cities in North America, according to a new study by the country’s environmental regulator.
University of Oklahoma officials were seeking a $25 million donation from billionaire oilman Harold Hamm last year, records show, at a time when scientists at the school were formulating the state’s position on oil drilling and earthquakes.
