Big Oil just woke up to threat of rising electric car demand
The world’s biggest oil producers are starting to take electric vehicles seriously as a long-term threat.
The world’s biggest oil producers are starting to take electric vehicles seriously as a long-term threat.
Volvo isn’t the only company trying to corner the electric-vehicle market, which automakers expect will grow with the proliferation of charging stations and advancements in battery tech.
Royal Dutch Shell Plc plans to spend as much as $1 billion a year on its New Energies division as the transition toward renewable power and electric cars accelerates.
Skepticism of electric cars melts a bit more with each new announcement from the likes of Tesla, which last week launched production of a mass-market vehicle, and Volvo, which days later promised to phase out gasoline-only engines by 2019.
But the need for specially designed engines to run biodiesel is holding back the technology.
Unexpected manufacturing problems and the sudden emergence of competition is leading Tesla backers to reassess whether the Silicon Valley automaker’s head start on long-range electric cars is fading.
As Americans flock to the nation’s beaches this summer, it is important to understand what Mr. Trump’s recent moves portend.
The state of California has a long track record of supporting electric cars and doing everything possible to ensure plug-in vehicles can be obtained by the largest number of drivers.
Two climate scientists suggest they’ve come closer to resolving a critical debate about how quickly human activity will heat up the planet. The answer isn’t good news.
The U.S. government has proposed to reduce the volume of biofuel required to be used in gasoline and diesel fuel next year as it signaled the first step toward a potential broader overhaul of its biofuels program.