The Lancet’s Global Burden of Disease Study (GBD), first published more than 10 years ago, is the most comprehensive worldwide observational epidemiological study to date. It describes mortality and morbidity from major diseases, injuries and risk factors to health at global, national and regional levels. Since its inception, every new... Read more →
Nearly half of the world’s electric vehicles are in 25 cities, according to a new briefing by the International Council on Clean Transportation (ICCT). As of the end of 2017, these 25 cities were home to nearly 1.4 million of the world’s 3.1 million passenger electric vehicles. These 25 cities,... Read more →
Hyundai Motor has entered into a memorandum of understanding (MOU) with Beijing-Tsinghua Industrial R&D Institute (BTIRDI) to establish a Hydrogen Energy Fund. Under this agreement, the South Korean automaker and its Chinese counterpart expect to strengthen their influence in the hydrogen ecosystem while accelerating the advent of a Hydrogen Society.... Read more →
Buick, Chevrolet, Chrysler, and Tesla are among the brands that tumbled in Consumer Reports’ (CR) latest Annual Auto Reliability Survey, which collected data from its members about their experiences with more than half a million vehicles. Every domestic automaker landed in the bottom-half of CR’s latest reliability rankings, which covers... Read more →
Ford Motor Company is reorganizing its Asia Pacific operations. As part of those actions, which include hiring a new President and CEO (Anning Chen) for Ford China, Ford China is elevated to a stand-alone business unit reporting to Ford global headquarters. Peter Fleet, president Ford Asia Pacific, will facilitate the... Read more →
Fisker Inc., an e-mobility and technology company developing electric vehicles and proprietary solid-state battery technologies, announced a strategic investment from Caterpillar Venture Capital Inc., a wholly owned subsidiary of Caterpillar Inc., the world’s leading manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric... Read more →
Global VC funding (venture capital, private equity, and corporate venture capital) for Battery Storage, Smart Grid, and Efficiency companies in the first 9 months (9M) of 2018 was 8% higher at more than $1.3 billion compared to the $1.2 billion raised in 9M 2017, according to the latest Mercom Capital... Read more →
Daimler Financial Services, the financial and mobility services arem of Daimler AG, has made a strategic investment in Soul Machines—a New Zealand company re-imagining how humans connect with machines—further to develop the combined use of artificial and emotional intelligence. Daimler is the first premium brand in the automotive sector to... Read more →
Global clean energy investment was $67.8 billion in the third quarter of 2018, down 6% from the same period last year, according to the latest Clean Energy Investment Trends report from research company Bloomberg NEF (BNEF). The slip in the July-September quarter leaves clean energy investment for the year so... Read more →
Petrochemicals—components derived from oil and gas that are used in all sorts of daily products such as plastics, fertilizers, packaging, clothing, digital devices, medical equipment, detergents and tires—are becoming the largest drivers of global oil demand, in front of cars, planes and trucks, according to a major study by the... Read more →
In California, public and private stakeholders in the transportation sector launched a new organization—Veloz—to accelerate the adoption of EVs. Its first project, “Electric For All,” is the largest multi-stakeholder, multi-million dollar public awareness campaign in North America. Veloz also announced major commitments from utilities and Electrify America. Veloz members include:... Read more →
Ford Motor Company, Uber and Lyft have committed to support to SharedStreets, a new data platform designed to make it easier for the private sector to work with cities around the world and leverage data to improve urban mobility. At the heart of SharedStreets is a linear referencing system which... Read more →
Elon Musk, CEO and Chairman of Tesla, Inc., has agreed to settle the securities fraud charge brought by the SEC against him last week. (Earlier post.) The SEC also today charged Tesla with failing to have required disclosure controls and procedures relating to Musk’s tweets, a charge that Tesla has... Read more →
by Michael Sivak. The usual focus of analyses of road transportation is on vehicle-distance traveled, without taking into account the number of passengers in the vehicle. In contrast, air-transportation analyses typically include passenger-distance traveled among the variables of interest. The present analysis examines the changes in passenger-distance traveled in both... Read more →
Although the vast majority of American workers remain reliant on cars to get to work, the percentage has decreased. In 2007, 85% of Americans drove themselves to work and 6% rode with someone else. By 2018, while the 6% of Americans who carpool has remained constant, there has been a... Read more →
The California Assembly has passed Senate Bill 100—a bill to move California to 100% renewable and zero-carbon energy by 2045. This bill—known as The 100 Percent Clean Energy Act of 2018—increases the Renewables Portfolio Standard (RPS) requirement from 50% by 2030 to 60% and creates the policy of planning to... Read more →
Toyota Motor Corporation (TMC) and Uber Technologies, Inc. (Uber) have agreed to expand their collaboration with the aim of advancing and bringing to market autonomous ride-sharing as a mobility service at scale. To accomplish this, technology from each company will be integrated into purpose-built Toyota vehicles to be deployed on... Read more →
The US Energy Information Administration (EIA) August Short-Term Energy Outlook (STEO) forecasts that US crude oil production will average 10.7 million barrels per day (b/d) in 2018 and 11.7 million b/d in 2019. If realized, both of these forecast levels would surpass the previous record of 9.6 million b/d set... Read more →
The turnover of household vehicles has slowed since 2009, based on US Department of Transportation surveys of household vehicle travel, the US Energy Information Administration (EIA) reported. The 2017 National Household Travel Survey (NHTS) reported that the average vehicle—including cars, trucks, and vans—has increased from 9.3 years in 2009 to... Read more →
The Alaska North Slope (ANS) Basin—a prolific source of US oil production previously limited by a number of barriers to entry including cost and access—is poised to re-emerge as a major source of US energy production, with crude oil output potentially increasing as much as 40% during the next eight... Read more →
South Korean lithium-ion battery (LIB) cell manufacturer LG Chem recently announced it will increase cell manufacturing capacity to 90 GWh in 2020 from a previous forecast of 70 GWh. Assuming 100% of output was to be NMC532, 90 GWh would require around 100kt of cathode, containing 40kt nickel, 22kt cobalt,... Read more →
The US port district of Houston-Galveston in Texas recently began exporting more crude oil than it imported for the first time on record, according to the US Energy Information Administration (EIA). Crude oil exports from the Houston-Galveston port district have increased since the restrictions on US crude oil exports were... Read more →
For the second year running, Los Angeles is inviting innovative and environmentally-friendly entrepreneurs from around the world to push the envelope on urban mobility solutions from ride-sharing and zero-emission electric bikes and scooters to self-driving vehicles and flying cars. The LA New Mobility Challenge 2018 is a joint initiative of... Read more →
Thirty-six percent of all commercial diesel trucks on US roads are now powered by the newest generation of diesel technologies (MY 2011 and newer), up from 30% in 2016 and 25.7% in 2015, according to analysis by the Diesel Technology Forum of operation data from 2017 of vehicles (GVW 3-8)... Read more →
by Tsvetana Paraskova for Oilprice.com The rivalry between Saudi Arabia and Iran is becoming increasingly evident in the oil pricing policies of the two large Middle Eastern producers. The two countries are currently reigniting the market share and pricing war ahead of the returning U.S. sanctions on Iranian oil. Saudi... Read more →
US refineries are running at record levels in response to robust domestic and international demand for motor gasoline and distillate fuel oil, according to the US Energy Information Administration (EIA). For the week ending 6 July 2018, the four-week average of US gross refinery inputs surpassed 18 million barrels per... Read more →
California’s grid is facing an era of rapid change. Three reports from Next 10, an independent, non-profit, non-partisan think tank, explore how the grid might be challenged or helped by the rise of electric vehicles; by the increase in distributed energy resources, such as rooftop solar panels; and by the... Read more →
By Irina Slav for Oilprice.com. The strength of the U.S. dollar poses an obstacle to further gains in oil prices. President Trump’s trade war with China, which is still in its early stages, has already battered the yuan. The dollar has gained more than 8 percent against the Chinese currency... Read more →
BP has agreed to acquire a portfolio of world-class unconventional oil and gas assets from BHP. The acquisition will bring BP extensive oil and gas production and resources in the liquids-rich regions of the Permian and Eagle Ford basins in Texas and in the Haynesville gas basin in Texas and... Read more →
The Board of Management and Supervisory Board of Daimler AG has approved a new corporate structure for Daimler AG. The new structure comprises three legally independent entities—Mercedes-Benz AG, Daimler Truck AG and Daimler Mobility AG—under the umbrella of Daimler AG. In the fall of 2017 the first preparatory measures were... Read more →
Global VC funding (venture capital, private equity, and corporate venture capital) of $839 million for Battery Storage, Smart Grid, and Efficiency companies in 1H 2018 was 18% lower compared to the more than $1 billion raised in 1H 2017, according to a new report from India-based Mercom Capital Group, llc,... Read more →
Spending on electricity distribution systems by major US electric utilities—representing about 70% of total US electric load—has risen 54% over the past two decades, from $31 billion to $51 billion annually, according to the US Energy Information Administration (EIA). This increase has been largely driven by increases in capital investment.... Read more →
GTI (Gas Technology Institue) is leading a high-profile program on Hydraulic Fracturing Test Sites (HFTS) in the Permian Basin, bringing together government and industry to improve recovery, continue enhancing environmentally responsible methods of optimizing production, and lowering costs in the Midland and Delaware Basins. In January 2018, GTI was awarded... Read more →
The Chinese EV battery manufacturer Contemporary Amperex Technology Ltd. (CATL) is building its first plant outside of China in Thuringia, Germany. The focus of the 14 GWh plant is on the automated production and intelligent production of batteries. CATL develops battery systems for global customers in EV, HEV and PHEV... Read more →
A team at Arizona State University has analyzed the five-year Total Cost of Ownership (TCO) for representative electric, hybrid, and conventional vehicles—the Nissan Leaf (BEV), Toyota Prius (HEV), and Toyota Corolla (ICEV)—in 14 US cities from 2011 to 2015. The results, reported in a paper in the journal Energy Policy,... Read more →
By Irina Slav for Oilprice.com. When reports emerged that India and China are in talks about forming an oil buyers’ club, OPEC was probably too busy with its upcoming June 22 meeting to concern itself with that dangerous alliance. Now, it may be time for it to start worrying. “The... Read more →
Railway industry company CAF has entered into an agreement to acquire Solaris Bus & Coach, a global supplier of conventional and electric buses with presence in over 700 cities in 32 countries. With a 2017 turnover of close to €450 million, it has production plants in Poland in the cities... Read more →
The energy control stations at BMW Group Plants Dingolfing and Landshut are stepping up their activities in the balancing-power market in Germany. Together with other highly-flexible controllable systems in the BMW Group production network, they will contribute to the stability of the public grid outside of the plant. Electricity generation... Read more →
During the last three years, companies operating in the Permian basin have drilled much longer laterals and used substantially more complex well completion design in their newer wells with the aim of reaching higher initial production (IP) rates. Well lateral lengths in the Permian have increased in average by more... Read more →
by Michael Sivak. The American Community Survey (ACS), an ongoing survey by the US Census Bureau, includes estimates of how workers commute. This analysis examines the relation between earnings and commuting patterns. The 2016 data are shown in the table below. The entries are percentages. Driving alone is most likely... Read more →
Dana Incorporated and Hydro-Québec announced a joint-venture partnership in which TM4 Inc., a subsidiary of Hydro-Québec, will become Dana’s source for electric motors, power inverters, and control systems. As part of this agreement, Dana will become a majority shareholder of TM4 in exchange for CA$165 million (approximately US$127 million). Hydro-Québec... Read more →
Growth in the consumption of lithium accelerated in 2017 by more than 10% on 2016 levels to reach 211,000t lithium carbonate equivalent (LCE), according to a new report by Roskill. The lithium-ion battery industry has been, and will continue to be, the main catalyst for growth; it accounted for close... Read more →
Fortune 100 companies, including automakers and utilities, have joined labor groups, consumer advocates, environmental organizations and others to sign the Transportation Electrification Accord— a written set of principles meant to inspire and continue the conversation around electrified transportation. Advanced Energy Economy, Energy Foundation, Illinois Citizen Utility Board, Natural Resources Defense... Read more →
Volkswagen AG and Ford Motor Company signed a Memorandum of Understanding and are exploring a strategic alliance designed to strengthen each company’s competitiveness and better serve customers globally. The companies are exploring potential projects across a number of areas—including developing a range of commercial vehicles together to better serve the... Read more →
by Nick Cunningham of Oilprice.com. The U.S. dollar has jumped to its strongest level in nearly a year, raising questions about how a strong greenback could act as a drag on debt and oil demand in much of the world. The U.S. Federal Reserve announced another rate hike a few... Read more →
The Rüsselsheim Engineering Center will take on the global responsibility for the development of the next-generation of high-efficiency gasoline engines for all Groupe PSA brands (Peugeot, Citroën, DS Automobiles, Opel and Vauxhall). The next generation of four-cylinder engines will be optimized for operation in combination with electric motors and will... Read more →
by Michael Sivak. One of the hallmarks of the good life in developed countries is the freedom to move about as we choose in personal vehicles. However, as populous developing countries are gaining in economic power, people in those countries are asking for the same mobility that people in developed... Read more →
At the Movin’On 2018 mobility summit, Michelin announced its ambition that by 2048, all of its tires will be manufactured using 80% sustainable materials (recycled and renewable materials) and that 100% of all tires will be recycled. Today, the world-wide recovery rate for tires is 70%; of that 70%, some... Read more →
by Michael Sivak. Gasoline is one of the products refined from crude oil. Thus, the price of crude oil should have a strong influence on the price of gasoline. However, the retail price of gasoline includes other costs as well. The Energy Information Administration (EIA) estimates that in the United... Read more →
Toyota Motor Corporation and Suzuki Motor Corporation (Suzuki) agreed to start discussing new joint projects in the fields of technological development, vehicle production, and market development. After having concluded a memorandum of understanding toward business partnership on 6 February 2017 (earlier post), Toyota and Suzuki have been pursuing concrete forms... Read more →