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Average price of new light vehicles in US hit high in 2016; driven up by trucks; cars moving in opposite direction

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The average price of a new light vehicle (including both cars and light trucks) was up to a record $31,790 in 2016, up from the most recent low of $28,243 in 2008. Twenty years ago, prices for cars and light trucks were similar, but car prices have steadily decreased while truck prices have increased.

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EPA: US GHG emissions in 2017 down 0.3% from 2016

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from 2016, according to the US Environmental Protection Agency’s (EPA’s) latest Greenhouse Gas Inventory. The decrease in total greenhouse gas emissions between 2016 and 2017 was driven in part by a decrease in CO 2 emissions from fossil fuel combustion. In 2017, total gross U.S. greenhouse gas emissions were 6,472.3

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GM secures all energy needed to achieve renewable energy goal for 2025; 25 years ahead of target set in 2016

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This is in line with the accelerated target announced in September 2021, which was 5 years ahead of the 2030 target announced in early 2021 and 25 years ahead of the initial target of 2050, set in 2016. In addition, the company plans to eliminate tailpipe emissions from new US light-duty vehicles by 2035.

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Tesla signs 2-year, $2.9B order with South Korea’s L&F for high-nickel cathode materials

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The value of the deal is calculated on the basis of L&F’s recent cathode sales price, and may change depending upon fluctuations in lithium pricing. L&F was founded in July 2000 to produce LCD back lighting units. L&F was founded in July 2000 to produce LCD back lighting units.

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IHS cuts 2015 light vehicle sales forecast in China to 23.4 million; deeper cut for 2016

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IHS revised downward its forecast for light vehicle sales in China, projecting a decline of 3 to 4 percent from previous estimates for 2015. IHS Automotive has reduced its full year 2015 light vehicle sales forecast for China to 23.4 Source: IHS Automotive, September 2015 Light Vehicle Sales Forecast. Click to enlarge.

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IHS Automotive forecasts 88.6M unit global light vehicle market in 2015; 2.4% growth

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However, IHS Automotive analysts still expect light vehicle sales in China to grow by 7% in 2015 to 25.2 The size of the market contraction in Russia is the biggest wild card facing vehicle manufacturers across the European continent, if not the world, in 2015 and 2016.” North America. from last year. million units.

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Enbridge to invest $6.2B in pipeline expansions for light oil from North Dakota and Canada

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billion program of pipeline expansions to carry an additional 400,000 barrels per day (bpd) of light oil from North Dakota and western Canada to refinery markets in Ontario, Quebec and the US Midwest. The individual projects within the program are targeted to be available for service at varying dates from 2014 to early 2016.