This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Global Clean Energy Holdings, Inc., through a subsidiary, has purchased Alon Bakersfield Properties, Inc., The total cash consideration paid to Delek US Holdings for the purchase was $40 million. a subsidiary of Delek US Holdings, Inc. and the owner of the Alon Bakersfield Refinery.
DHL Global Forwarding, the air and ocean freight specialist of Deutsche Post DHL Group, has signed an agreement with Air France KLM Martinair Cargo (AFKLMP) for the purchase of 33 million liters of sustainable aviation fuel (SAF). —Tim Scharwath, CEO DHL Global Forwarding, Freight.
The fact that SCE far exceeded the minimum amount of energy storage they were ordered to purchase after comparing multiple solutions head to head demonstrates that energy storage can be competitive with other preferred resources on both performance and value, and that it’s now an integral part of the utility planning tool kit in California.
Hylane GmbH, a wholly owned subsidiary of DEVK Versicherung, one of Germany’s largest motor insurers, has purchased 18 fuel-cell-electric trucks from Hyzon Motors, with deliveries expected to begin in late 2022. Germany is expected to be one of the major global markets for zero-emission commercial vehicle technologies in the coming years.
Almost half of global consumers (46%) are considering purchasing a car in the next 12 months, an increase from 35% in April 2020. Without a clear end to the pandemic in sight, 87% of global consumers stated their safety and physical well-being, alongside that of their families, is best served through a personal vehicle.
Amazon announced its first purchase—rather than a lease—of eleven Boeing 767-300 aircraft. The purchases include seven aircraft from Delta and four aircraft from WestJet; the aircraft will join the Amazon network by 2022. —Sarah Rhoads, Vice President of Amazon Global Air.
Deloitte Touche Tohmatsu Limited’s (DTTL) Global Manufacturing Industry group conducted a global survey to explore consumer adoption of electric vehicles (EVs). It examines, among other things, how likely consumers would be to consider buying or leasing an electric vehicle when they buy or lease their next vehicle.
Before the COVID-19 pandemic lockdowns, engineering simulation software company Ansys commissioned a global survey of 16,037 adults resulting in some insights about consumer attitudes toward vehicle electrification. US respondents are split when it comes to when they’ll consider purchasing an EV.
The Deloitte survey found global consumer interest in EVs is high. Consumers’ expectations around the performance and purchase price of electric vehicles are so divergent from the actual offerings available today, that no more than 2–4% of consumers worldwide would have their expectations met, according to a new survey from Deloitte.
Daimler will buy more than €20 billion (US$23 billion) of battery cells for electric drive vehicles by 2030, the company announced. In this way, together with our partners, we ensure the supply of our global battery production network today and in the future using the latest technologies.
START will help customers meet the demand from consumers for transparency on where and how the products they purchase are made. Our vision is that our customers can showcase the sustainability of the aluminum they purchase from Rio Tinto to their consumers, delivering full value from our responsible production. Earlier post.).
The number of consumers looking to buy electric vehicles has hit 52%, according to the latest EY Mobility Consumer Index (MCI). The post In a global tipping point, 52% of car buyers now want to purchase an EV – here’s why appeared first on Electrek.
of the global car parc (2 billion units) projected for then. of the global car parc (2 billion units) projected for then. “Without decisive fiscal and investment policies on a global scale, private road transport’s absolute volume and share of greenhouse gas emissions will continue to rise.”
Mercedes-Benz Cars will build a battery factory at the site in Jawor, Poland, and thus extend its global battery production network to nine factories. The engine plant and the new battery factory in Jawor are important parts of our global powertrain production network. Global battery production network. Purchasing cells.
ExxonMobil has signed an agreement with Global Clean Energy Holdings to purchase 2.5 As background, globally, in 2019, ExxonMobil sold some 1.9 Global Clean Energy Holdings’ wholly owned subsidiary, Sustainable Oils, is the leading developer of camelina, a fast-growing, low input, dryland farmed rotation crop.
Autonomy, the nation’s largest electric vehicle subscription company, placed an order for 23,000 electric vehicles with 17 global automakers to expand and diversify its subscription fleet beyond Tesla. Production Forecasts: Vehicle will be available to purchase before the end of 2023. The fleet order is valued at $1.2
The outbreak of COVID-19 has already impacted the automotive industry significantly, according to JATO Dynamics, a leading provider of global automotive data and insight. Global vehicle sales totalled 5.55 And unlike previous recessions, we’re not just dealing with people’s fears or purchase delays. million units.
Fuel efficiency, safety innovation, and vehicle styling will be the three most important product issues influencing automotive consumer purchase decisions over the next five years, indicating a perceived shift in buying priorities, according to the 12 th annual global automotive survey conducted by KPMG LLP.
Although the average consumer drives no more than 40 miles/60 kilometers (km) per day, 52% of the respondents say that to consider any form of PEV for their next purchase it would need to offer a range of more than 400 km (249 miles). A global average of 60% would consider a PEV for the next vehicle purchase. Click to enlarge.
Thirty-seven percent of Southeast Asian consumers planning to buy a car are open to purchasing an electric vehicle, according to a Nissan-commissioned study by Frost & Sullivan. Across the region, two out of three consumers identified safety standards as the most important factor if purchasing an electric vehicle.
Tesla is rumored to be purchasing wireless charging company Wiferion, a Freiberg, Germany-based entity with charging and power solutions. The shareholders intend to sell their shares in the company to Tesla International BV by means of a purchase agreement,” the filing said. It also bought Hibar Systems in late 2019.
U-Haul—the largest US retailer of propane—has purchased one million gallons of renewable propane to sell at its company-owned and -operated stores across California for the second year in row. Earlier post.) U-Haul teamed again with national distributor Suburban Propane Partners, L.P., CARBOB gasoline has a CI of 100.82
Boqiang Lin and Wei Wu have put forward an electric vehicle purchasing intention model based on a review of the literature and their survey in Beijing, Shanghai, Guangzhou and Shenzhen. China has become a behemoth in the global auto market—and it continues to grow. Their paper appears in the journal Energy Policy.
global transportation industry throughout the forecast period of this report (2011-2017), Pike noted, projecting that vehicles that use. of the global market in 2017. global Li-ion battery production by the turn of the decade, Pike suggests. Earlier post.). EVs will continue to be a niche market in the.
According to the survey of 4,760 European consumers, 16% see themselves as potential first movers to buy or lease an electric vehicle, while 53% say they might be willing to consider it, and 31% say they are not likely to consider purchasing or leasing an EV. Range, price and charging concerns need to be addressed.
National Electric Vehicle Sweden AB (NEVS)—an international consortium formed by Chinese, Japanese and Swedish stakeholders—and the Receivers of the Saab Automobile bankruptcy estate ( earlier post) signed a purchase agreement covering the main assets of Saab Automobile AB, Saab Automobile Powertrain AB and Saab Automobile Tools AB.
An analysis by a team from the University of California, Davis, MIT and Yale suggests that households that buy a fuel-efficient vehicle tend to compensate for that purchase by buying a bigger, more powerful second vehicle. This unintended effect could erode goals of fuel economy standard policies by up to 60%.
AlphaStruxure is a joint venture between the Carlyle Global Infrastructure Opportunity Fund and Schneider Electric. Rather than buying the microgrid and charging infrastructure outright, the County partnered with AlphaStruxure, who builds, owns, operates and maintains the system.
Tesla stock ( NASDAQ: TSLA ) was the subject of another day of buying from the bulls at ARK Invest, marking the second time in as many weeks the firm bought the automaker’s shares in its ETFs. Meanwhile, its Next Generation Internet ETF, known as $ARKW, purchased 17,422 shares. The ETFs consist of many different stocks.
FPT Industrial, the global powertrain brand of Iveco Group, inaugurated the new Turin (Italy) ePowertrain plant, a manufacturing site fully dedicated to the production of the electric powertrain range and Iveco Group’s first completely carbon-neutral plant.
Middle: The global view. Bottom: the US, with the global results shown by the heavy outline. The first edition of the Radar finds that autonomous driving and electric cars enjoy widespread acceptance among the global customer base. Moreover, 37% of consumers are already considering buying an electric vehicle for their next car.
As COVID-19 continues to spread worldwide, the pandemic is having an unprecedented impact on the global economy and commodity markets, including cobalt. Roskill expects the cobalt market to face more severe supply disruption should the prevention and control measures be further extended on a global scale. Gulley, Erin A.
MW solar park at Chattanooga is owned and operated by Silicon Ranch; VW has signed a 20-year power purchase agreement. Volkswagen’s worldwide conservation program is called Think Blue and it’s a global call to sustainable ecological action on our blue planet. Click to enlarge.
Apollo Global Management Inc., per share, which represents a 54% premium over Twitter’s closing price when he started buying shares and a 38% premium over the day before his holdings were disclosed. Apollo Global is a private equity and lending giant with about $500 billion under management.
Sourcing Renewables: While it works to minimize the amount of energy required to run its facilities, GM also sources renewable energy through direct investment, on-site generation, green tariffs and power purchase agreements. This is the main way through which GM is achieving its renewable energy goal.
This is due to the extraordinary disruption caused by COVID shutting down large segments of the buying public from purchasing non-essential items, disrupting supply chains, and temporarily eliminating a range of consumer activities. This non- economic reduction in buying activities at this scale and duration is historically unique.
The agreement replaces the existing agreement signed with Delta in 2019 to purchase 10 million gallons per year and bolsters Delta’s commitment to incorporating SAF into its operations. —Kelly Nodzak, Delta’s Director of Global Jet Fuel Procurement. oneworld Alliance.
with respect to Mitsui’s potential interest in acquiring the right to purchase Atlas Lithium’s future lithium concentrate production. Mitsui is a global enterprise headquartered in Tokyo, Japan, with $122.3 billion in assets, $96.4 billion in annual revenues, and 44,336 employees in 63 countries, as of its last reported results.
Chinese automakers are disappointed with the sales figures of hybrid and electric vehicles, according to a report in the Global Times. Due to its poor sales volume, Changan Auto said that its hybrid vehicle Jiexun HEV has gone out of production for one year.
BYD Automotive GmbH plans to buy Hedin Electric Mobility, a car distributor in Germany. Purchasing Hedin Electric Mobility will likely strengthen BYD’s position in the European market. According to Reuters , BYD’s purchase deal with Hedin is subject to approval but is expected to close by the fourth quarter of this year.
The results show that 58% of Europeans would consider purchasing an electric vehicle. Although the Germans are leading the charge on a political level, it is the Italians who have the highest share of potentially interested customers: 54% of Germans would consider buying one, compared to 79% of Italians (lowest is the UK with 52%).
The purchase orders have a combined value of almost US$60 million. Every station will be manufactured to comply with the local content requirements, including the Buy America Act for the US Hydrogen Hub market.
Buy Tesla” $TSLA pic.twitter.com/H8lXZGwnyV. Global logistics, travel, and business all currently depend on fossil fuels to keep things moving globally. UPS, for example, recently purchased all-electric Vertical Takeoff and Landing (eVTOL) drones that can help with deliveries. David Tayar (@davidtayar5) April 14, 2021.
would buy CSR PLC, the automotive semiconductor industry recently has been undergoing a wave of merger and acquisition (M&A) activity that has shaken up the competitive order of the market, according to IHS Technology. The purchase of the UK’s CSR will allow California-based Qualcomm to enhance its market share.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content