The electric vehicle (EV) sector in China, once hailed as a global powerhouse driving the green energy transition, is now facing a severe crisis characterized by oversupply, cutthroat competition, and mounting financial losses. This downturn […]
This was a wild week in the energy space. The geopolitical tensions around the world are driving oil prices to $77, and if Iran’s oil export capacity is diminished, we may see some short-term spikes […]
Daily Standup Top Stories Israel Targets Iran’s South Pars Gas Field in Escalating Airstrikes, Iran Retaliates June 14, 2025 Clark Savage In a significant escalation of hostilities, Israel has reportedly launched airstrikes on Iran’s South Pars […]
For years, the automotive industry has been electrified by the promise of electric vehicles (EVs), with governments worldwide pushing for a transition away from internal combustion engine (ICE) vehicles through incentives, emissions regulations, and ambitious […]
Automakers screwed up the market for decades with price increases and going upscale. Now they pay the price with dismal volume. By Wolf Richter for WOLF STREET. Total new vehicles delivered to retail customers and fleets (dominated by […]
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