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IEF, IHS Markit: deepening underinvestment in hydrocarbons raises specter of continued price shocks and volatility

Green Car Congress

Underinvestment in oil and gas development extended into a second year in 2021 even as global energy demand rebounded, raising the prospect of price shocks, scarcity and growing energy poverty, according to a new report by the International Energy Forum (IEF) and IHS Markit.

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Tesla Semi will be incredibly affordable with US’ revamped EV tax credit

Teslarati

Battery costs are declining quickly, but even Tesla still lists its 300-mile Semi variant with an estimated starting price of $150,000. That’s higher than the cost of a comparable diesel-powered Class 8 truck, so the Tesla Semi would have to be very compelling to convince drivers and fleet owners to make the switch to electric.

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Feature: Top 6 Reasons Why an EV Is the Right Choice

Clean Fleet Report

Most people are turning towards initiatives that build the environment rather than destroy it. One of the reasons behind the drastic increase in sales was the more affordable price range of the Tesla Model 3, a best-seller in the U.S., Say Goodbye to Fuel Costs. Constant price fluctuations power the fuel market.

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Elon Musk says Rivian’s priority should be solving financials ‘or they’re doomed’

Teslarati

Meanwhile, Rivian is fending off a struggling performance on the stock market, manufacturing growing pains, and figuring out affordability with its products in its early days. In March, Rivian hiked prices on R1T and R1S vehicles and stated that finalized orders would not be affected. I’d recommend they get their first plant working.

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How the Electric Vehicle Revolution Is Changing the World

Clean Fleet Report

As EVs become affordable and accessible, they are no longer just a niche choice for early adopters but are quickly becoming mainstream. Increase of Low Impact Driving Low-impact driving can significantly positively affect the environment, your safety and other individuals. Here is how EVs are changing the world.

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Rivian’s Amazon EV delivery van will drop packages in 100 cities by end of 2022

Teslarati

“Fighting the effects of climate change requires constant innovation and action, and Amazon is partnering with companies who share our passion for inventing new ways to minimize our impact on the environment. That affordability threshold is very important,” Musk said in June. “It I’d love to hear from you!

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

Baua Electric

Additionally, major automakers are investing heavily in R&D to develop affordable and high-performing electric vehicle models specifically designed for the Indian market. This growing trend not only benefits the environment but also presents an enormous opportunity for businesses associated with the EV ecosystem.

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