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Saudis Expand Price War Downstream

Green Car Congress

The undisputed king of oil and gas is making some moves that could change the face of the global refining sector. The crude is so cheap it’s pretty much free for them, the margins are going to be massive. Gaurav Agnihotri is an ME and an MBA-Marketing, and an oil and gas professional based in India.

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China’s EV brands are coming to bury US automakers—or are they? – Charged EVs

Baua Electric

Chinese OEMs are now producing good-quality vehicles, and thanks to cheap labor, government subsidies and economies of scale, they’re able to offer these at prices no Western automaker can hope to match. It’s building factories in Brazil, Thailand, Hungary and Uzbekistan, and will soon break ground on a plant in Mexico.