By Joey Klender Posted on October 9, 2020 The National Transportation Safety Board, better known as the NTSB, has released a new study showing that around 50% of fire departments are not readily prepared to handle an electric vehicle fire. The NTSB is a United States government agency that is responsible for the investigation of
This week on the Electrek Podcast, we discuss the most popular news in the world of sustainable transport and energy, including Tesla preparing a Model 3 refresh, Tesla disbands PR, Solar Roof problems, and more. Sponsored by Electrify America: Discover all the new and innovative ways that Electrify America is providing freedom for electric vehicle drivers at ElectrifyAmerica.com.
An off-shore oil platform off the coast in Huntington Beach on Sunday, April 5, 2020. Leonard Ortiz | MediaNews Group | Orange County Register | Getty Images SINGAPORE — A Biden presidency could bring 1 million barrels per day of Iranian oil back into the market, but lead to lower demand in the long run, an economist
Dan Yergin Jessica Rinaldi | The Boston Globe | Getty Images The U.S. could remain the world’s largest oil producer in five years, no matter who wins the election, and oil demand should come back strong after Covid-19. Dan Yergin, vice chairman of IHS Markit, explores these and other topics in a discussion with CNBC.
Many investors are speculating that Big Oil dividends could be in danger given how low the price of crude has dropped this year, but in an appearance on CNBC’s “Squawk Box,” Chevron CEO Michael Wirth defended his company’s ability to keep its dividend intact. “We continue to have a very strong balance sheet so our
(Bloomberg) — Oil climbed to the highest in more than a month as Hurricane Delta forces operators to shut in nearly 92% of crude output in the Gulf of Mexico. Futures in New York rose 3.1% as Gulf of Mexico producers shut in 1.7 million barrels a day of production ahead of Delta, which is
October 8th, 2020 by George Harvey Image from the National Park Service Digital Image Archives, public domain, Wikimedia Commons President Trump has claimed to be economically successful based on a rather small set of metrics. One is joblessness data. Another is the Dow Jones Industrial Index (DJI). There are people who believe in his success,
By Simon Alvarez Posted on October 8, 2020 Stamford, Connecticut police recently announced that two suspects in a string of armed sidewalk robberies in the city had been charged. Interestingly enough, authorities stated that the case was cracked partly due to footage and images that were recorded by a Tesla that happened to be parked
There are currently nearly 50 models of electric vehicles (EVs) available, including all-electric vehicles with a range over 200 miles and plug-in hybrid vehicles with an electric range over 30 miles. Below are a few all-electric and plug-in hybrid vehicles with the longest ranges. To compare all available EV models, visit PlugStar.com. There will be
An Equinor employee talks to a reporter on a rig used to produce oil from the Johan Sverdrup oil field some 140 kilometres west from the town of Stavanger, Norway, on December 3, 2019. TOM LITTLE | AFP via Getty Images LONDON — A strike by workers in the Norwegian oil sector could soon wipe
Nikola founder Trevor Milton has sued a Utah businessman for defamation, accusing him of a “malicious campaign to harass” and discredit the billionaire by publicly accusing him over Twitter of sexually abusing women, according to the lawsuit filed Monday. David Bateman, the founder and CEO of software company Entrata, started tweeting about Milton in late September, posting
(Bloomberg) — Chevron Corp. overtook Exxon Mobil Corp. as the largest oil company in America by market value, the first time the Texas-based giant has been dethroned since it began as Standard Oil more than a century ago. California-based Chevron had a market capitalization of $142 billion at the close of U.S. trading on Wednesday,
October 7th, 2020 by Guest Contributor The Maid of the Mist, the New York State Office of Parks, Recreation and Historic Preservation, New York Power Authority, and ABB announced today that the Maid of the Mist, the iconic boat tour that has navigated the waters below Niagara Falls since 1846, has launched the first two
By Joey Klender Posted on October 7, 2020 The Tesla Cybertruck’s mass appeal due to its unorthodox design and notorious unveiling event won’t be apart of LEGO’s future plans. The toymaker has ultimately decided to pass on creating a piece-by-piece puzzle of the all-electric car company’s first pickup truck. LEGO allows fans to develop their
Global climate- and green-tech accelerator Elemental Excelerator just announced its newest cohort of 19 tech companies it said would be “ground-breakers and market-makers.” Here are five up-and-comers in Cohort 9 in the green-tech energy, mobility, and climate change sectors. This year, the growth-stage companies selected by Elemental, which has offices in California and Hawaii, not
A Joe Biden win could mean clean energy stocks stay in the green. With the 2020 election less than a month away and the former vice president leading President Donald Trump in polls, clean energy stocks are trading like a Democratic victory is imminent, with the Invesco Solar ETF (TAN) up over 131% year to date
Energy stocks are showing rare strength this week as oil rallies. The XLE energy ETF is up 4% over the past two days, though remains down nearly 50% this year. The sector is easily the worst performer in 2020. Todd Gordon, founder of TradingAnalysis.com, said the group could slowly be turning a corner as the
(Bloomberg) — Oil pulled back from a two-week high in New York after President Donald Trump said he’s halting stimulus talks until after the election, sapping optimism for a much-needed boost in demand. U.S. crude and gasoline futures both rose more than 3% Tuesday before giving back some of those gains after the market closed.
October 6th, 2020 by Remeredzai Joseph Kuhudzai The majority of vehicles (ICE or EV) that are imported into most of sub-Saharan Africa are used vehicles from Europe, Asia, and America. Record EV sales are being registered across several key source markets such as Germany for left-hand drive vehicles and the United Kingdom for right-hand drive
By Joey Klender Posted on October 6, 2020 Tesla’s Full Self-Driving suite is among the most sophisticated and advanced driver assistance systems in the world. As self-driving and semi-autonomous software is relatively new, many features have yet to be approved in markets outside of the United States. However, Elon Musk, the CEO of Tesla, indicated