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ICE car values plummet in China and it is the canary in the coal mine

Electrek

It’s another sign that the global auto industry isn’t ready for the shift to EVs and will be caught unawares if it doesn’t ramp EV production fast enough. more… The post ICE car values plummet in China and it is the canary in the coal mine appeared first on Electrek.

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New England to become the second coal-free region in the US

Baua Electric

Photo: PSNH/Flickr Both of New Hampshire’s coal plants are shutting, making New England the second coal-free region in the US. The Bow, New Hampshire-based power station has committed to retiring the coal-burning units at Merrimack and Schiller Stations in New Hampshire, by 2028 and 2025, respectively. Get started here. –ad*

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Australian thermal coal mine aims for Q4 restart on supply deal – ET Auto

Baua Electric

Surging prices for coal last year have led to some new coal mines ramping up after the war in Ukraine exacerbated a supply shortage brought on by growing reluctance from climate conscious investors to funding new fossil fuel projects. In March it had said it expected to restart in the second half of 2023.

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China automating mines to improve safety as coal output grows – ET Auto

Baua Electric

The nearby Xiaobaodang mine, also owned by Shaanxi Coal, has cut its underground staff by 42%. China is pushing automated technology to improve the safety and efficiency of its coal mining industry, the world’s largest, which has long been plagued by safety lapses.

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Opinion: Making Sense of the Stellantis Auto Show Decision

The Truth About Cars

News broke earlier this week that Stellantis would pull out of auto shows, including the upcoming Chicago Auto Show, for the foreseeable future. We reached out to the Chicago Auto Show folks about that, and have not yet heard back. Having one of the Detroit Three pull out of auto shows leads to ringing of alarm bells.

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1 in 5 new car sales globally were EVs in 2023, and that’s curbed oil demand – IEA

Baua Electric

Their emissions dropped to a 50-year low while coal demand fell back to levels not seen since the early 1900s. It was a combination of strong renewables deployment, coal-to-gas switching, energy efficiency improvements, and softer industrial production that drove the decline in advanced economies’ emissions, reports the IEA.

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Mitsubishi wants to launch Australia’s cheapest electric car, but there’s a very expensive reason it might not

EV Central

Because if all we do is flood the market with BEVs – and New South Wales still has 75 per cent of its power generated by coal – all we have done is shift the emissions from the tailpipe to the power station.” I have a car that’s ready to go.” 2024 Mitsubishi Triton. We need a more holistic solution to the problem,” he said. “We