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Nissan Has a Turnaround Plan That Involves Cheaper EVs and Other Electrified Models

The Truth About Cars

Its former CEO had to flee Japan and is currently hiding in Lebanon, and several high-value employees left shortly after. Now, the company has reportedly backed out of a tentative deal to invest in Fisker and is eying the possibility that China could eat everyone’s lunch with affordable EVs. Nissan only sells two EVs in the U.S.

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Tritium DCFC Limited (DCFC) enters insolvency, is seeking buyers

Baua Electric

Australian EV charging company Tritium is facing financial collapse, with its directors declaring insolvency and putting the company into receivership. Tritium first gained notoriety in the US in 2022 with the opening of an EV charger manufacturing facility in Lebanon , Tennessee, creating 500 jobs in the state.

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Biden: U.S. electric car charging pile factory will have a “ripple effect”

Setec Powerr

According to reports, US President Biden said that the Australian electric vehicle charging company Tritium DCFC will build a charging pile factory in Tennessee, USA, which will have a “ripple effect” that will benefit American workers and the entire planet. Hunter said in an interview, “This is a huge shift for the company.

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Uber is testing a new feature that will allow you to decide pricing for your ride, here’s how it works – ET Auto

Baua Electric

According to the report, the company is planning to launch this service soon in the metro cities of India, including Delhi and Mumbai. We are piloting this feature in some of the Tier 2 and 3 markets in India currently,” an Uber spokesperson told TechCrunch. In some cities, it is even offered for premier cabs and auto-rickshaw rides.

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US EIA reminder: Strait of Hormuz world’s most important oil chokepoint; almost 20% of oil traded worldwide

Green Car Congress

More than 85% of the crude oil exports flowing through the Strait went to Asian markets, with Japan, India, South Korea, and China representing the largest destinations, EIA said. million-bbl/d Tapline to Lebanon. Malacca is the shortest sea route between Persian Gulf suppliers and the Asian markets. —US EIA.

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Opinion: Saudi Oil Strategy: Brilliant Or Suicide?

Green Car Congress

In the last quarter of 2014, in the face of possible oversupply, Saudi Arabia abandoned its traditional role as the global oil market’s swing producer and therefore it role as unofficial guarantor of existing ($100+ per barrel) prices. In other major export markets, demand is stagnant. is no longer a growth market for oil exporters.

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President Obama Announces 48 Projects to Receive $2.4B in Grants for Next-Generation of Batteries and Electric Vehicles; To be Combined with $2.4B in Industry Cost-Share

Green Car Congress

Companies and universities in Michigan are receiving more than $1 billion of the grants. Holland, MI Lebanon, OR (Entek). Production of lithium-ion cells, modules, and battery packs for industrial and agricultural vehicles and defense application markets. FutureFuel Chemical Company. Ford Motor Company. Technology.

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