The RN-Tuapsinsky refinery operated by Rosneft Oil Co. in Tuapse, Russia. Andrey Rudakov | Bloomberg | Getty Images SINGAPORE — As the world’s oil traders and analysts gathered at the annual Asia Pacific Petroleum Conference in Singapore last week, the slump in oil and where it was headed was foremost in everybody’s mind. China, the […]
Lotus has unveiled a new EV concept which it calls “Theory 1,” a lightweight(-ish) electric sportscar concept inspired by the Lotus Esprit with nearly 1,000hp and capable of speeds up to 200mph. Here at Electrek, we see and report on a lot of wild EV concepts. These concepts are often accompanied by long treatises on […]
A new low-cost electric car is rolling out to global markets, and it’s not from China. Vietnam’s VinFast officially launched its most affordable EV, the VF 3, overseas as it expands its presence in the Philippines. After unveiling the VF 3 in January, VinFast’s mini electric SUV instantly became a hit in its home market […]
Photo: DongFang Electric Corporation Global wind turbine order intake reached new highs in H1 2024, with 91.2 gigawatts (GW) of activity, a 23% increase year-over-year, thanks to the Asia-Pacific region. Globally, investment by wind energy developers in H1 2024 totaled $42 billion, a 3% increase year-over-year, according to new analysis from Wood Mackenzie. Much of […]
New Wuling Hongguang Mini EV (Source: China’s MIIT) GM’s joint venture SAIC-GM-Wuling (SGMW) is launching an updated Wuling Hongguang Mini EV in China. Once the best-selling EV in China, with starting prices around $4,000, sales of the mini EV have slipped as new competition enters the market. The company hopes an updated model can help […]
Kim Kardashian had her Tesla Cybertruck modified and even painted – a rare thing for the electric pickup truck. Dope or nope? Tesla is starting to ramp up cybertruck production significantly, with tens of thousands of them on US roads. Unless the owner decides to modify their Cybertrucks after purchasing them from Tesla, they will […]
“Offshore wind turbines” by tacowitte is licensed under CC BY 2.0. The US Department of the Interior (DOI) will hold an offshore wind energy lease sale in the Gulf of Maine for up to 13 GW of clean energy capacity. The offshore wind lease sale in the Gulf of Maine will be held on October […]
Today’s Green Deals are jam-packed with returning and new lows alike – and even an exclusive deal leading the pack in the form of Bugatti’s 10 Max Electric Scooter that drops to $1,249 once you’ve taken advantage of the promo code below. GoTrax’s Everest Electric Dirt Bike is returning after so many months at $2,000 […]
Kia’s first electric PBV, the PV5 Concept (Source: Kia) Kia’s first electric Platform Beyond Vehicle (PBV) was spotted charging ahead of its official launch. The new video shows Kia’s new PBV could be a potential Volkswagen ID.Buzz rival. We got our first look at Kia’s new business strategy at the 2024 CES in January. Kia […]
Photo: PepsiCo Some of the world’s largest shippers and carriers will pilot heavy-duty EV charging along the “first-ever US over-the-road electrified corridor.” Global nonprofit Smart Freight Centre today announced the launch of the shipper-carrier coalition, which includes AIT Worldwide Logistics, DB Schenker, Maersk, Microsoft, and PepsiCo. The coalition will test long-haul heavy-duty BEV operations along […]