Oil prices will remain stuck in a range near $50 a barrel unless one of two global hotspots delivers an October surprise to the market, jolting the cost of crude higher, according to Helima Croft, global head of commodity strategy at RBC Capital Markets.
California Assembly member Phil Ting, D-San Francisco, says electric cars are the future. And the future he envisions in a bill making its way through the Legislature comes with a $3 billion price tag.
Today, you’d be hard pressed to find an major automaker that’s still in denial about electrification. Even vocal skeptics like Volkswagen and Mazda have come around to the idea that tomorrow’s cars, trucks, vans, and SUVs will run on electricity, not gasoline or diesel.
U.S. biofuels regulations, which mandate mixing corn-based ethanol into gasoline, have lately drawn together a diverse cast of political opponents.
The vehicle will be aimed at buyers in North America, Europe, and China and will come in passenger and cargo van models. VW also says the bus will be a strong part of its strategy for autonomous transportation.
Tesla CEO Elon Musk has made it no secret that he’d like to “anti-sell” the Model 3, as a way to tamper high demand and perhaps avoid siphoning off interest for the company’s more expensive and more profitable vehicles, the Model S and X.
If you’re predisposed to hate electric cars, then there’s a wonderful story making the rounds that’ll support your worldview.
A Chinese automaker reportedly made a quiet bid to acquire Fiat Chrysler Automobiles, raising the distinct possibility that the traditional member of the Detroit Three that was bailed out by U.S. taxpayers could wind up with Chinese ownership.
EV realists get called “Tesla haters.” EV realists get called “Tesla fanboys.” These unwarranted and misinformed attacks should really stop.
Some of the world’s top auto-parts suppliers aren’t buying all the enthusiasm about the electric vehicles hyped by Tesla Inc.’s Elon Musk and larger carmakers trying to keep up.
