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Big oil gears up for ‘shift to e-mobility’ with latest EV charging company buyout

Electrek

As the auto industry moves to fully electric vehicles, big oil companies are looking to keep their share of the wealth. In the latest news, oil giant Shell is buying out EV charging and media company Volta.

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7-Eleven Now In EV Charging Business With 7Charge

CleanTechnica EVs

Everyone, their mother, and their dog can see that the auto industry is electrifying. That includes oil companies (like Shell) and gas stations & convenience stores (like 7-Eleven). Regarding the latter, the news this week is that 7-Eleven has launched its own EV charging network! The first […]

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Driving Towards a Sustainable Future: The Rise of Electric Autos in India

Baua Electric

With the global push towards sustainability, the rise of electric autos in India comes as no surprise. The Indian government has introduced various incentives and initiatives, such as subsidies and tax benefits, to promote the adoption of electric autos.

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Big Oil Betting On Electric Vehicles

Green Car Congress

Oil demand for transportation fuel see its “ demand will flatten out ,” after 2030, Couse said. Colin McKerracher, head of advanced transport analysis at Bloomberg New Energy Finance, sees Couse’s forecast as the highest EV sales margin yet to be forecasted by a major company in the oil sector. Maybe even decline. ”.

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In a US first, the oil and gas sector will pay fines for excess methane emissions

Baua Electric

Photo by Juan Mt on Pexels.com The US Environmental Protection Agency (EPA) will fine oil and gas companies for emitting excess methane – the first federal government tax ever on greenhouse gas emissions. That’s because methane is a climate “super pollutant” that’s more potent than carbon dioxide. That’s EPA’s stick; here are its carrots.

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BP seeks stranded Tesla Supercharger sites in $1B EV charging buildout

Baua Electric

BP is eying Tesla Supercharger sites as part of a planned expansion of the oil giant’s U.S. charging network, Bloomberg reports. ” Tesla CEO Elon Musk earlier this month fired most of the Tesla Supercharger team in a shift away from further fast-paced growth of the public charging network. .”

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Report: electric bikes deliver the vast majority of EV emissions reductions – Charged EVs

Baua Electric

Contrary to the barrage of unsourced speculation on social media, EV adoption is indeed causing carbon emissions and oil demand to fall, albeit by a small amount so far. million barrels of oil per day globally in 2022—about 3% of total road fuel demand. According to BloombergNEF , EVs as a whole displaced about 1.5