Almost 80 per cent of US EV drivers lease their vehicles The market for plug-in vehicles in the United States is dominated by leases, as many EV drivers opt to not buy their vehicles. According to a Bloomberg report, these drivers are often choosing to lease their cars because they believe upcoming models will exceed […]
Most EV drivers lease cars, see upcoming models eclipsing current EVs Read More »
$714,500 for 2 Univ. of Calgary projects, one to design system for detecting, measuring methane emissions from oil and gas sector Two University of Calgary research projects that support the development of clean technologies in Alberta will receive support from the federal government, according to a press release. At a news conference held at the university’s downtown campus on
Calgary projects get $3.5 million for clean technology development from Ottawa Read More »
Tesla Model 3 delays impact share prices Tesla Inc announced it will likely be able to produce about 2,500 Tesla Model 3 sedans per week by the end of the first quarter, disappointing investors who expected the Palo Alto-based company to build 5,000 cars per week. In the fourth quarter of 2017, Tesla delivered 1,550
Tesla Model 3 production target pushed back, despite progress Read More »
Cenovus sold assets as part of de-leveraging plan after spending $17.4 billion to acquire ConocoPhillips oil sands, Deep Basin properties The sale of Cenovus Energy’s Suffield and Alderson oil and gas assets to International Petroleum Corp., a newly formed Canadian company owned by Sweden’s energy and mining conglomerate Lundin Group, is expected to close Friday, according to an
Swedish-owned Lundin Group closing purchase of Cenovus assets in Alberta on Jan. 5 Read More »
Texas gasoline taxes among lowest in United States U.S. regular retail gasoline prices averaged $2.41 per gallon (gal) in 2017, 27 cents/gal (13 per cent) higher than in 2016, but two cents/gal less than in 2015, according to the U.S. Energy Information Administration. Higher crude oil prices in 2017 contributed to higher gasoline prices. In 3 of the
US gasoline prices higher in 2017 Read More »
Ultra-rapid recharging can be done in cold conditions, as low as minus 10°C, in ten minutes, claims Toshiba Toshiba Corporation announced the development of its next-generation SCiB which uses a new material to double the capacity of the battery anode, according to a press release. But electric vehicle analyst Chris Robinson says costs are still too
Toshiba claims to create EV battery with 320 km drive range on 6 minute charge Read More »
EVs exempted from almost all taxes in Norway Reuters reports that sales of hybrids and EVs in Norway in 2017 rose to over half the new registrations in the Scandinavian, oil-rich country. According to data released on Wednesday by the Norwegian Road Federation (OFV), pure electric cars and hybrids accounted for 52 per cent of
Hybrid or EVs make up over half new car sales in Norway Read More »
Oil stocks overhang compared to 5-yr average has narrowed significantly By John Kemp LONDON – The Organization of the Petroleum Exporting Countries (OPEC) is sticking doggedly to its plan to cut commercial oil inventories down to the five-year average to rebalance the oil market. But in doing so, the organization risks tightening the market too
Column: OPEC’s focus on oil stocks risks prices overshooting Read More »
U.S. market will see first autonomous vehicle sales in world More than 33 million autonomous vehicles will be sold globally in 2040, a substantial increase from the 51,000 units forecast for the first year of significant volume in 2021, according to the latest autonomous vehicle sales forecast from IHS Markit. The rapid convergence of autonomous driving and mobility
Autonomous vehicle sales forecast to surpass 33 million annually in 2040 -IHS Markit Read More »
NDP policy lines up Albert with emerging Asian markets, UCP approach with existing customers in Texas, Midwest Yesterday morning I wrote about the carbon tax debate in Alberta, pointing out that Jason Kenney and the UCP were kicking the political stuffing out of Rachel Notley and the NDP on this issue. An afternoon interview with
