OPEC+ expected to extend supply cuts to stave off a global surplus and shore up prices
OPEC+ is expected to prolong oil output cuts into the second half of the year as it seeks to stave off a global surplus and shore up prices.
Infrastructure latest news
Non-white pedestrians more often end up in the ER for vehicle-related injuries, report shows
Pedestrians who are not white ended up in the emergency room for traffic-related injuries at higher rates than white people, according to a new federal report published Thursday.
EV range anxiety? Gas vehicles dwarf EVs on the average number of miles driven
Americans bought EVs in record numbers last year, with Cox Automotive reporting 1.2 million sales in 2023. They still only make up a single-digit percentage of the overall auto market here, and they are clearly being used in ways that are different from gasoline-powered cars. A recent study from iSeeCars found that gas vehicles saw the most mileage between November 2022 and April 2023, with EVs being driven the least.
EVs are the most expensive vehicles to operate over 1,000 miles, according to iSeeCars
It’s no secret that charging an electric vehicle is often less expensive than fueling a gas car, but many don’t think about the higher purchase prices. A recent iSeeCars study showed that people tend to drive EVs much less, making their cost per mile much higher than that of internal combustion vehicles.
As Questions Swirl Around Tesla’s Superchargers, the Race Is On to Fill the Power Gap
In a move that shocked the electric vehicle industry, Tesla yesterday eliminated the jobs of hundreds of employees in its electric vehicle charging and policy units—workers widely reputed to be best-in-class in a rapidly expanding global business.
Elon Musk: Tesla still plans to grow Supercharging network after eliminating global team
Shortly after news broke that Tesla would be laying off another round of employees, including the team behind the company's Supercharging network, CEO Elon Musk took to social media to reassure owners and investors that the charging stations aren't going anywhere.
Automakers hope for new profit stream from bidirectional EV charging
LONDON — Automakers from General Motors to Volvo Cars, alongside utilities and charging app operators are calculating their financial cut as EVs that allow their owners to sell power back to grids become a more realistic prospect.
Tesla Semi charging corridor moving ahead despite Biden funding snub
Tesla is pushing forward with a plan to build an electric big rig charging corridor stretching from Texas to California, despite being snubbed by a lucrative federal funding program that's part of President Biden's Bipartisan Infrastructure Law. But the original scope of the project could still change, TechCrunch has learned.