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a Canada-based company specializing in the design of electric propulsion systems for heavy-duty vocational vehicles, has launched an all-electric system at the same purchaseprice as diesel alternatives. Développement Effenco Inc.,
Power Canada Electric Vehicle Consideration (EVC) Study. Power Canada Electric Vehicle Consideration (EVC) Study. By contrast, in Canada, a majority (66%) say they are either “very unlikely” or “somewhat unlikely” to consider an EV for their next vehicle purchase. —J.D.
The Government of Canada has released Budget 2022. billion (US$3 billion) to implement Canada’s first Critical Minerals Strategy to capitalize on a growing need for the minerals used in everything from phones to electric cars. Critical Mineral Opportunities in Canada. Among its measures is up to C$3.8 This includes $1.7
UPS plans to purchase 1,000 propane package delivery trucks and install an initial 50 fueling stations at UPS locations. The UPS deployment this year benefits from propane autogas’ wide availability as a result of increased natural gas production in the US, and there is more price stability with the accessible supply.
Canada can succeed economically while meeting targets to reduce greenhouse gas emissions, according to an economic modelling study commissioned by the Pembina Institute and the David Suzuki Foundation. The study indicates that Canada can implement much stronger climate policies than the US and still prosper economically.
A pervasive hydrocarbon system in the Western Canada Sedimentary Basin (WCSB) in Alberta and British Columbia, the Montney is estimated to hold 2,200 trillion cubic feet of gas, almost 29 billion barrels of natural gas liquids and over 136 billion barrels of oil. Earlier this month, NuVista signed a deal to purchase another 12.5
Suncor Energy has reached an agreement to sell the conventional portion of its natural gas business in Western Canada for $1 billion to a newly established partnership between Centrica plc and Qatar Petroleum International. Estimated production from this business in 2013 is approximately 42,000 boe/d (90% gas).
Each year, NTEA conducts a comprehensive Fleet Purchasing Outlook Survey to better understand the commercial vehicle landscape, including interest levels for advanced truck technologies and alternative fuels. It is highly likely that clean energy solutions will remain relevant due to oil price instability.
Unless there’s a significant reversal in oil prices, we’re going to see continued declines in the rig count, especially those drilling for oil,” James Williams, president of WTRG Economics, told Fuel Fix in an interview. “We Some of the more expensive shale regions will not be profitable at current prices.
Bosch Automotive Service Solutions, formerly SPX Service Solutions, has introduced Power Max, a plug-in vehicle residential charging station with a starting price point of less than $450. The Bosch Power Max is UL-certified in both the United States and Canada, and is designed to safely and efficiently charge electric vehicles.
The Government of Canada will purchase Kinder Morgan’s Trans Mountain Pipeline system and the expansion project (TMEP) for C$4.5 billion); Kinder Morgan has agreed to work with the Government of Canada to seek a third-party buyer for the Trans Mountain Pipeline system and TMEP. billion (US$3.46 Earlier post.)
Lightsource bp financed, owns and operates Bighorn Solar and sells the electricity it generates to Xcel Energy under a 20-year power purchase agreement. As part of that arrangement, EVRAZ will receive clean, renewable power and price certainty from Xcel Energy through 2041.
has begun sales of renewable isobutanol to Brenntag Canada Inc., The initial market entry is focused on Canada. Brenntag Canada has purchased truckload quantities of isobutanol from Gevo for distribution to targeted customers. —Stephen Bushell, Director of National Supply for Brenntag Canada.
As domestic production has declined, an increasing amount of the uranium purchased for use in US commercial nuclear power reactors has been from other countries. million pounds (lb) U 3 O 8 equivalent (U 3 O 8 e) at an average price of $33.91/lb million pounds at an average price of $33.27/lb The average price of $99.54/SWU
New York State announced a series of broad-scale initiatives to encourage the purchase and to increase the convenience and accessibility of electric vehicles (EV). Time-of-use rate structures better align the price of delivering energy with the cost associated with delivering the energy at the time it is used.
Fisker lowers US pricing on the Ocean Extreme trim from US$68,999 to US$61,499 and in Canada from $89,999 CAD to $79,799 CAD. This price change will go into effect immediately. Current Sport and Ultra pricing will remain in. Current Sport and Ultra pricing will remain in.
earlier this year for select vehicles, the company has officially launched the agreement in Canada. Tesla has launched its Extended Service Agreement (ESA) in Canada this week, which offers extensions of up to two years or 25,000 miles, whichever comes first, for specific vehicle models (via Drive Tesla Canada ).
Chevron Corporation’s indirect, wholly-owned subsidiary, Chevron Canada Limited, has reached an agreement to sell a 30% interest in its Duvernay shale play to Kuwait Foreign Petroleum Exploration Company’s wholly-owned subsidiary, KUFPEC Canada Inc., million cubic feet of natural gas and 1,300 barrels of condensate per day.
Fisker of Montreal, the first Fisker retailer in Québec and the fourth in Canada, was formed by local businessmen Gad Bitton, president of Holand Automotive Group, and Norman Hébert, president and CEO of Groupe Park Avenue. Fisker Automotive will begin selling its extended range electric luxury cars in Montreal, Québec.
Marubeni Corporation has signed a three-year distributorship agreement for lithium carbonate with Canada Lithium Corp. The Agreement provides for Marubeni to exclusively distribute Canada Lithium’s battery-grade lithium carbonate in Japan.
The companies have already partnered to expand the use of RNG in the heavy-duty truck market with its Zero Now program, which allows fleets to purchase natural gas trucks for the same price as diesel trucks. 50M from bp.
Tesla has rolled out the Model Y Rear-Wheel Drive in Canada, a forgotten configuration that the automaker has not made a standard offering in several years. Tesla launched the Model Y Rear-Wheel Drive in Canada this week, offering the car for $59,990 CAD. BREAKING: @Tesla has introduced the Model Y RWD in Canada for $59,990 CAD.
XL Hybrids has created one of the lowest-cost advanced alternative powertrain conversions for the commercial vehicle market that can provide more than $15,000 in total cost of ownership savings, net of the hybrid system purchaseprice, the company says. The system is available in the US and Canada. Conversions Fleets Hybrids'
Tesla has reduced the price of its Full Self-Driving (FSD) add-on after the company cut the subscription price of the software in half in recent weeks. Earlier this month, Tesla reduced the monthly subscription price of FSD (Supervised) to just $99 , down from its previous price of $199.
People are choosing hybrids over similarly priced small- and medium-sized conventional cars, which are not far behind hybrids for fuel efficiency and emissions. So for the majority, rebates are not changing behavior—they are subsidizing planned purchases. Tags: Canada Hybrids Policy. Ambarish Chandra.
A new Conference Board of Canada report finds that Canada is unlikely to achieve an 80% reduction in greenhouse gas emissions from 1990 levels by 2050. Canada is making progress reducing its GHG emissions and will continue to do so for the next decade. The challenge is that we are not moving fast enough.
Tesla has raised the price of its Full Self-Driving Capability to $12,000. The adjustment comes less than two years since the company raised FSD’s price from $8,000 to $10,000 back in 2020. . The recent price increase was initially announced by CEO Elon Musk on Twitter earlier this month.
a junior oil and gas company targeting light oil resource plays in Western Canada, for around C$223 million (US$213 million). The acquisition—which still needs approval—would be the largest purchase of a Canadian oil and gas company by a Chinese company since CNOOC’s $15.1-billion billion takeover of Nexen.
Tesla has launched a special charging promotion for buyers of its Model S premium sedan, along with boosting the purchaseprice of the electric vehicles (EVs). The promo comes alongside Tesla’s decision to raise the price of the Model S by $5,000 in the U.S., lasting for the entire lifetime of the vehicle.
It is available to customers in the Mercedes me connect Store with the option of a one-time purchase for the lifetime of the vehicle or the flexibility of monthly and yearly options. Acceleration Increase is offered exclusively to Mercedes-Benz EQE 350 4MATIC and EQS 450 4MATIC Sedan and SUV customers in the US and Canada.
Since the announcement of the transaction in February 2013, certain value adjustments have been made in accordance with the terms of the sales and purchase agreement. These are expected to lead to a net cash purchaseprice of $3.8 billion (subject to post closing adjustments), compared to purchaseprice of $4.4
BMW of North America and Electrify America announced an agreement to provide 2022 BMW EV customers with two years of 30-minute complimentary charging sessions at all Electrify America public charging stations, from the date of vehicle purchase. Electrify Commercial and NYPA. NYPA is the largest state public power organization in the nation.
According to a new Accenture study of 1,800 consumers in Germany, France, Italy, Canada and the US, while interest in hybrid and electric vehicles may be growing, consumers do not see fuel savings as the only purchasing factor and are demanding more from automakers. Just 36% of respondents cited higher fuel prices as a reason to buy.
Second-hand Tesla Model 3 prices in the United Kingdom are rising as demand for Tesla’s vehicles increases. From December 2020 to July 2021, used Tesla Model 3 prices have increased. As of this writing, the base price for the Model 3 SR+ is £40,990 ($56,784.65) before savings, a little higher than in December 2020. .
a US-listed and South American-based global exploration company in the lithium and minerals sector, executed a Securities Purchase Agreement with POSCO Canada Ltd., Li3 Energy, Inc., a wholly-owned subsidiary of South Korea-based POSCO, one of the largest steel manufacturers in the world.
Canada-based Northern Graphite Corporation has closed its previously announced acquisition of the producing Lac des Iles graphite mine (LDI) in Québec from a subsidiary of Imerys SA and the Okanjande graphite deposit/Okorusu processing plant in Namibia from a subsidiary of Imerys and its joint venture partner. Sprott invested CDN$3.75
million private placement of common shares from affiliates of each of I2BF Global Ventures and Arbat Capital Group at a price of C$0.38 The common shares issued in connection with the private placement will have a hold period in Canada until 25 November 2012. Ultracap company Nesscap Energy Inc. closed a US$8.5 per common share.
For battery-electric vehicles, the index remains at 55 in the US for the fourth consecutive quarter, while decreasing to 57 from 59 in Canada. The 2020 Q1 study includes insights from the United States and Canada. Frankly, we’re concerned for automakers. Nor are they making the strides needed to change people’s minds.
Canada-based Osum Oil Sands Corp. million callable common share purchase warrants, each exercisable into one common share at any time without conditions by Osum, at a price of $12.50 billion barrels (net), ranking it third in the area next to Husky Energy and Shell Canada. Credit Suisse Securities (Canada), Inc.,
The OECD, the Organisation for Economic Co-operation and Development formed in 1960 when 18 European countries plus the US and Canada joined forces to create an organization dedicated to global development. For example, one factor that is holding back purchases of electric vehicles in particular is the limited driving range.
General Motors announced a new community charging program to install up to 40,000 Level 2 EV chargers across the US and Canada. These charging stations will be available to all EV customers, not just those who purchase a GM EV. and Canada. Today, nearly 90% of the US population lives within 10 miles of a GM dealership.
Launched in 2009 by the California Air Resources Board, the HVIP program accelerates commercialization by making clean vehicles more affordable for fleets through point-of-purchaseprice reductions.
As part of its mine-to-magnets strategy, earlier this year USA Rare Earth purchased the sintered neo magnet manufacturing equipment formerly owned and operated in North Carolina by Hitachi Metals America, Ltd. Geomega Resources Inc., Earlier post.) Industry sources project the global neo magnet market will expand by nearly 100% to $27.0
A total of 27 countries—including Sweden, Canada and the United Kingdom—saw the fuel economy of their fleets stagnate or worsen from 2015 to 2017. In advanced economies with fleets which have the worst fuel economy, such as the US and Canada, the average fuel consumption runs between 7.9 per year between 2015 and 2017.
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