🔋 Could the Rise of EVs Decrease the Demand for Gas and Oil?
Many gas and oil producers are concerned about the increasing popularity of EVs, as they fear that the demand for their products will decrease. However, this fear may not be entirely realistic. According to an energy intelligence group, oil demand is projected to continue growing until the end of the decade.
Biden administration's ambitious clean hydrogen strategy aims to increase domestic production by 400% in less than 30 years.
The deployment of battery-electric trucks in North America has been hindered by significant infrastructure issues, as discussed by Voltera CEO Matt Horton in a conversation with Jim Park, equipment editor.
An international high-speed charging standard for heavy-duty electric trucks is closer to becoming a reality as the United States and the European Union (EU) have agreed on a shared vision for standardization.
Nikola Corp.’s Tre hydrogen fuel cell electric truck is soon to be commercially available after CARB’s recent certificate of compliance to its most recent emissions standards required for sale in California.
Mining and refining lithium, nickel, cobalt, graphite, manganese, rare earth elements, and other critical green-energy minerals are the key to maintaining a “top-dog” position in the electric vehicle market.
With inflation and high-interest rates crippling bank accounts across the nation, the electric vehicles business is expecting continued business issues into 2023.
By being the top dog in mining and refining lithium, nickel, graphite, rare earth elements, and other essential green-energy minerals - China has led the pack for years.
The two American automakers are squaring off for the country’s EV market and have announced plans for nationwide charging networks for their vehicles.
The European Union has already banned the sales of new combustion engine-powered vehicles by 2035, and now it’s expected that they are tightening that leash.
Uber’s popular ride-sharing app is now offering a specification for an electric vehicle pick-up.
The growth of electric vehicle sales in the U.S. has started to taper off as dealer lots become filled with unsold battery-powered models.