FRANKFURT, Germany — Daimler AG’s luxury car brand Mercedes-Benz is stepping up its transition to electric cars, doubling the planned share of sales by 2025 and sketching out a market scenario in which new car sales would “in essence” be fully electric by the end of the decade.
July 22, 2021Search
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BHP Mulls Oil Exit in Retreat From Fossil Fuels
BHP Group is considering getting out of oil and gas in a multibillion-dollar exit that would accelerate its retreat from fossil fuels, according to people familiar with the matter.
July 20, 2021World’s Road Fuel Demand to Peak Earlier Than Expected
Demand for gasoline and diesel to fuel cars and trucks will peak in 2027 — four years earlier than expected — as more fuel-efficient autos and increasing adoption of electric vehicles curb global consumption, according to BloombergNEF.
July 20, 2021New Cybersecurity Order Issued for US Pipeline Operators
WASHINGTON — The Department of ϳԹland Security on July 20 announced new requirements for U.S. pipeline operators to bolster cybersecurity following a May ransomware attack that disrupted gas delivery across the East Coast.
July 20, 2021Honda Ditches Go-It-Alone Strategy to Make Safer Move Toward EVs
Honda Motor Co. long eschewed big strategic alliances, preferring to go it alone even as many of its carmaking peers banded to improve economies of scale. That strategy is changing now that the Japanese automaker is shifting more aggressively to electric vehicles.
July 20, 2021Oil Futures Fall 7.5%, Largest Decline Since September
Oil was the biggest loser in a broad market selloff after OPEC+ agreed to boost crude supply as a resurgent virus shook investor confidence in the global economic recovery.
July 19, 2021Indiana Gives Utilities $5.5 Million to Build EV Charging Network
If you build it, they will come. At least that’s what the state of Indiana and its utilities are hoping for when it comes to charging stations and electric vehicles.
July 19, 2021Chevron, Cummins Look to Partner on Hydrogen
Chevron U.S.A. Inc., through its Chevron Products Co. division, and Cummins Inc. announced a memorandum of understanding to explore a strategic alliance to develop commercially viable business opportunities in hydrogen and other alternative energy sources.
July 19, 2021GM Announces Ultium Charge 360
General Motors announced its Ultium Charge 360 fleet-charging service, a comprehensive approach designed to help make the switch to electric seamless for fleet customers by connecting them with services, features and resources.
July 19, 2021Sunbelt Rentals Orders Peterbilt’s 579EV Class 8 Model
Peterbilt Motors Co. announced an order from Sunbelt Rentals for five of its heavy-duty battery-electric Model 579EVs intended to deliver rental machinery.
July 16, 2021