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Oil & Gas Trade
India Resumes Buying Russian Sokol Oil After 2-Month Hiatus, Sources Say
A view shows oil pump jacks outside Almetyevsk in the Republic of Tatarstan, Russia June 4, 2023. REUTERS/Alexander Manzyuk/File Photo Purchase Licensing Rights…
Electric Vehicles
BYD Expects at Least $4 Billion in Net Income From Surging EV Sales
After a record EV sales year, BYD expects to rake in at least $4 billion in net income. BYD forecasts its profits rising at least 75% last year.BYD expects at l…
Electric Vehicles
BMW Declares 'Tipping Point' in Shift From Gas-Powered Cars to EVs as Sales Heat Up
BMW has crossed the tipping point as the automaker shifts from gas-powered vehicles to EVs. According to BMW’s CFO, from here on out, most of its growth w…
Electric Vehicles
BYD Starts Shipping EVs on Explorer No. 1
As BYD announced a little more than a month ago, it is getting into the ocean vessel business. The world’s top seller of electric vehicles has started buy…
Solar Power Plant
50MW Solar Farm Approved on Former Coal Mining Site in Durham
ByZachary ViscontiPosted on January 14, 2024Toyota has had a long history of speaking out against an all-out transition to electric vehicles (EVs), continually …
Electric Vehicles
Toyota Highlights Gas Engine Project as 'Practical' Path to Carbon Neutrality
Toyota has had a long history of speaking out against an all-out transition to electric vehicles (EVs), continually pointing to hydrogen technology and continue…
Hydrogen Production
BMW Refuses to Close the Door on Hydrogen Power
BMW recently announced its latest step on the road to full electrification, namely that its flagship Munich factory will exclusively produce EVs from 2027.Howev…
Electric Vehicles
GM's China Joint Venture Sold Over 100,000 EVs Last Year
GM’s joint venture in China, SAIC-GM, delivered over 100,000 EVs in 2023, more than doubling from the previous year.GM’s China joint venture EV sale…
Oil Price
Oil Settles Lower on Massive US Fuel Inventory Builds
A view shows an oil pump jack outside Almetyevsk in the Republic of Tatarstan, Russia June 4, 2023. REUTERS/Alexander Manzyuk/File Photo Acquire Licensing Right…
Electric Vehicles
China Targets Better Integration of evs, Grids to Manage Power Demand
China's state planner has issued new rules on strengthening the integration of new energy vehicles with the electric grid, as the world's biggest market…
Electric Vehicles
Xpeng Sees 171% Growth in 4th Quarter
XPeng is no BYD or Tesla — it’s far away from the nearly 2 million BEV sales those companies reached in 2023. Nonetheless, it continues to grow strongly …
Electric Vehicles
Hyundai Patents an All-Solid-State EV Battery System in the US
Can solid-state batteries improve EVs even more? Hyundai is betting on it. The automaker recently filed a patent for a pressurized all-solid-state EV battery sy…
Electric Vehicles
Tesla Extends Lead in Norway Sales, EVs Take 82% Market Share
A Tesla logo is seen at a groundbreaking ceremony of Tesla Shanghai Gigafactory in Shanghai, China January 7, 2019. REUTERS/Aly Song/File Photo Acquire Licensin…
Electric Vehicles
Kentucky Electric Cars Now Pay Two Taxes Where Gas Cars Only Pay One
As of January 1st, Kentucky has implemented not one but two new taxes on electric vehicles, both of which are individually higher than what gas vehicles pay on …
Electric Vehicle Battery
Chinese Carmakers Launch Sodium-Ion Battery-Powered EVs
JAC Yiwei EV features sodium-ion batteries with an energy density of 120 Wh/kg and a rapid recharge capability.Sodium-ion batteries are more cost-effective due …
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