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Opinion: Global Oil Supply More Fragile Than You Think

Green Car Congress

Oil futures for delivery in December 2020 are currently trading $8 lower than they were at the beginning of this year even while immediate spot prices are $4 higher today. It makes sense for companies to cut today, but collectively that could lead to much lower supplies in the future. That is no longer the case. Source: [link].

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Behind the Wheel, Under the Hood of World’s First 500-Mile EV

Cars That Think

That frugal operation is boosted by a 924-volt architecture (versus 400 volts for Tesla, and 800 for Porsche's Taycan) whose benefits include restoring up to 300 miles of range in 20 minutes on a 350-kilowatt DC fast charger. Lucid plans additional factories in Europe, China and Saudi Arabia. That's another industry high.

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