The Truth About Cars

MARCH 25, 2024

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. These moves can’t come soon enough.

Nissan 97

Nissan Lebanon Fisker Honda 97

Baua Electric

APRIL 22, 2024

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.

Lebanon 52

Lebanon Tennessee Hawaii Re-Charge 52

Green Car Congress

AUGUST 13, 2015

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. The Saudis obviously miscalculated the degree to which their shift would negatively impact oil prices.

Saudi Arabia 150

Saudi Arabia Oil Iraq Iran 150