Plugin sales continued to grow in December, even reaching a new record, 54,413 units. That’s mostly thanks to BEVs. In December, their sales were up an amazing 50% year over year (YoY), to a record 37,355 units. Though, PHEVs also contributed to the party, by growing some 17% YoY (17,056 … [continued]
COP28 has some good news stories to go with the bad. Prominent among the good news was the Double Down, Triple Up pledge pushed by the Global Renewable Alliance and signed onto by almost 120 countries. A somewhat similar pledge related to nuclear is receiving a lot of media coverage … [continued]
A new wind farm in Ukraine near the Russian front is the biggest investment in the nation’s power sector since achieving independence.
New model launches. Price cuts. Lavish tax credits. You’d think that sales of electric vehicles (EVs) would be rising exponentially, right? Instead, legacy automakers are pulling back from what had been feverish investments in battery gigafactories and excited announcements of new EVs models. Now Ford is delaying billions of dollars … [continued]
Positive Cash Flow for Fastned In the recent H1-2023 financial report from Fastned, there was one news item I had been waiting for. I knew it was coming, it was unavoidable, and it would be a huge line to cross. That item was positive cash flow that enables Fastned to … [continued]
Solar power in Europe is enjoying strong growth, so much so that the EU may reach its solar power goal years ahead of time.
A report by RMI says renewable energy prices will drop dramatically by the end of this decade, making wind and solar irresistible.
At its Investors Day 2023 event this week, Hyundai announced plans to invest $80 billion to achieve its latest Hyundai Motor Way vehicle electrification strategy. Of that total amount, about $40 billion will be dedicated to developing next generation batteries and creating an all new platform for future electric cars … [continued]
When you think of Škoda, you don’t think of it being a battery giant. You think of it being a moderately sized brand within the Volkswagen Group stable. (Or, at least, I do.) However, the fact is, Škoda Auto does produce a lot of batteries for various Volkswagen Group vehicles … [continued]
With increased power, enhanced efficiency, and an extended range, the Next Generation eCanter from FUSO offers a wide array of applications and operates with zero CO2 emissions during driving. After making its European debut at the IAA Transportation in Hanover in September 2022, Daimler Truck subsidiary FUSO has commenced the … [continued]
