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

Green Car Congress

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. GM supports policies that enable a carbon-free, resilient power system.

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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

Green Car Congress

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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Roskill: graphite prices could push higher on tightening markets for batteries & electrodes

Green Car Congress

Synthetic graphite electrode prices rose nine-fold through the first three quarters of 2017, increasing from US$1,748/t in January 2017 to a high of US$16,309/t in September, according to Roskill Information Services. Despite some fallback during the winter months, prices remained above US$15,600/t through February and March 2018.

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CRU: lithium price downtrend continues, with disappointing EV sales in China the driver

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In August 2019, CRU reported on the steady slide in prices that has occurred in the lithium market since the beginning of the year. Since then, prices have continued to fall, CRU notes. Lithium hydroxide has fallen by 30% to RMB 74,500/t, according to CRU’s price assessments. The rest of the lithium market is fragmented.

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How crude-oil prices influence gasoline prices

Green Car Congress

Thus, the price of crude oil should have a strong influence on the price of gasoline. However, the retail price of gasoline includes other costs as well. The Energy Information Administration (EIA) estimates that in the United States from 2008 to 2017, crude oil represented only 61% of the retail price of gasoline.

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IEA: Global oil discoveries and new projects fell to historic lows in 2016 while US shale surged; “two-speed” market

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Global oil discoveries fell to a record low in 2016 as companies continued to cut spending and conventional oil projects sanctioned were at the lowest level in more than 70 years, according to the International Energy Agency, which warned that both trends could continue this year. Oil discoveries declined to 2.4

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Tesla slashes prices across Europe on Model Y

Baua Electric

The 2024 Model Y (Source: Tesla) Tesla has slashed the prices of its Model Y across Europe this morning, after it reduced prices of its Model 3 and Model Y prices in China to undercut BYD, according to CNBC. In Germany, Tesla reduced the price of its Model Y Long Range by €5,000 to €49,990 ($54,340), a discount of 9%.

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