VW will invest billions in electric cars, automated driving By Andreas Cremer WOLFSBURG, Germany, June 16 (Reuters) – Volkswagen will invest billions of euros in electric cars, ride-hailing and automated driving to become a world leader in green transport by 2025, it said on Thursday, as it reshapes its business following its diesel emissions scandal. Europe’s […]
VW bets on electric cars, services to recover from crisis Read More »
DOE selected 93 projects that will investigate nuclear fuel and material applications WASHINGTON –The US Department of Energy is investing over $82 million in nuclear energy research, facility access, crosscutting technology development, and infrastructure awards in 28 states. In total, 93 projects were selected to receive funding that will help push innovative nuclear technologies toward commercialization and into
Energy Department invests $82 million in advanced nuclear power technology Read More »
Price drops in solar energy if right policies are in place LONDON, June 15 (Reuters) – The average cost of electricity generated by solar and wind energy could fall by up to 59 percent by 2025 if the right policies are in place, a report by the International Renewable Energy Agency (IRENA) said on Wednesday. Since
Solar, wind costs could fall up to 59 pct by 2025, study says Read More »
Value propositions for predictive maintenance: longer asset up-time, lower maintenance costs, higher productivity, improvements in operational cost/efficiency Technology advances are powering a new generation of “predictive maintenance solutions” that could lead upstream oil and gas equipment suppliers to pay-per-use business models that change the way producers think of capital expenditures, according to a new study. Lux Research has released a report
New pay-per-use equipment business model could end capex for oil, gas producers Read More »
Airlines struggle to find cleaner ways to power jets OTTOBRUN, Germany, June 15 (Reuters) – As airlines struggle to find cleaner ways to power jets and with an industry-wide meeting on CO2 emissions just months away, scientists are busy growing algae in vast open tanks at an Airbus site at Ottobrun, near Munich. The European
From green slime to jet fuel: algae offers airlines a cleaner future Read More »
Nissan targets cruising range of 800 Km per fuelling By Naomi Tajitsu TOKYO, June 14 (Reuters) – Nissan Motor Co said on Tuesday it was developing fuel cell vehicle (FCV) technology using ethanol as a hydrogen source in what would be an industry first, and planned to commercialize its system in 2020 as part of
Nissan to develop ethanol-based fuel cell technology by 2020 Read More »
Saudi solar plants planned for northern Saudi Arabia DUBAI, June 12 (Reuters) – The search is on for international investors to build two Saudi solar power plants, using a deal structure that could become a model for the kingdom’s infrastructure projects as low oil prices pressure the government’s finances. State-owned utility Saudi Electricity Co (SEC) said
International investors sought for Saudi solar plants Read More »
Artificial intelligence-based systems in automotive applications are rare now, but will become standard in new vehicles over next 5 years Artificial intelligence is coming soon to an automobile dealership near you, according to a new study by consultancy IHS Inc. As the complexity and penetration of in-vehicle infotainment systems and advanced driver assistance systems (ADAS) increases, there
Artificial intelligence systems for autonomous driving on the rise – IHS Read More »
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Cobalt a key component of lithium-ion batteries By Pratima Desai LONDON, June 8 (Reuters) – Cobalt prices may be on the threshold of a major revival due to flourishing demand for the mineral, a key component of lithium-ion batteries used in electric cars. Prices are expected to rise 45 percent to above $16 a pound by
Electric vehicles to power cobalt revival Read More »
