Are Electric Vehicles Near a Tipping Point?

Oil consumption continues to rise in the U.S. and around the world, but as electric vehicles keep growing as a percentage of vehicle sales, there will ultimately be a tipping point on multiple fronts. The first will be manufacturers investing in more EVs to ultimately overtake internal combustion engines, which is happening today from Tesla

The sun sets on drilling (Image: Pexels)

Economics of Electric Vehicles Mean Oil’s Days As A Transport Fuel Are Numbered

The future is not looking bright for oil, according to a new report that claims the commodity would have to be priced at $10-$20 a barrel to remain competitive as a transport fuel. The new research, from BNP Paribas, says that the economics of renewable energy make it impossible for oil to compete at current

The sun sets on drilling (Image: Pexels)

Why oil needs to plummet in price if it’s to remain competitive in the mobility sector

Mark Lewis is global head of sustainability research at BNP Paribas Asset Management. The number of electric cars may be increasing, but there are challenges for charging infrastructure and energy storage. Oil prices will need to fall to between $10 and $20 per barrel if it is to remain competitive in the mobility sector, according

Mercedes-Benz EQC (Image: Mercedes-Benz)

Has the country that invented the car fallen behind on tech?

The relief was palpable from Berlin to Munich when Germany – announced its latest GDP figures. After months of gloom, modest growth of 0.4pc in the first quarter was heralded as a sign Europe’s largest economy might weather the global slowdown better than most experts predict. For the first time in six months, Germany is

Big Oil wants to kill electric vehicles

Big Oil and its front groups want to kill electric vehicles (EVs) under the pretense of fairness. It’s no secret why. The industry sees that the electric transportation future is coming fast, threatening their polluting profits, and they’re scared. We should double down on electrifying transportation and support an expansion of EV tax credits so