New engine development at German makers to end by 2025, says supplier

Continental, a major supplier for automakers around the world, has come out with a bold prediction: internal-combustion engine development by German automakers will essentially end by the year 2025. The supplier, which makes exhaust-gas-cleaning systems for diesel cars and nitrogen oxide-measuring sensors, lists several factors contributing to its prediction: the increasing costs of development, the end of

Electric Cars

I live a short drive away from the birthplace of the shale oil revolution. It was 2006 that we started to get an inkling that something big might be happening. I’m referring to the Bakken boom… My business has always been finance, so I wasn’t directly involved. However, the people around me very much were.