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...Many car buyers are now balking at the prices of EVs compared with hybrids and petrol or diesel cars — particularly amid the rising the cost of living in recent years....
...Musk, five years after he stunned the German auto industry by announcing he would build his first gigafactory in Europe next to Berlin, throwing the gauntlet to an industry still in thrall to petrol and diesel...
...“The second stage turned out to be a very good year for the diesel business, which means that the seller got a very good price....
...JB Hunt, which is a big old capital-intensive diesel-burning trucking company that owns its own trucks, earned 11 per cent (and that was its worst year in more than two decades; trucking is in a slump)....
...The leaders were a mix of old office machine manufacturers such as Burroughs that had diversified into computers, and newcomers like DEC — the Digital Equipment Corporation — which avoided using the word...
...Volkswagen’s 2016 diesel emissions settlement with the US and California included $2bn to build out charging stations. This is now 80 per cent complete....
...A version of this article was first published by Nikkei Asia on April 27 2023. ©2023 Nikkei Inc. All rights reserved....
...“Vladimir Putin is also the CEO of Russia Oil Inc and he understands the dynamics of the market very well,” Yergin said....
...Gold mining companies are under pressure from the rising costs of inputs such as diesel and explosives at a time when prices for the metal have slipped below $1,800 per troy ounce, after hitting a record...
...“We don’t ever expect to have to run for more than a few hours, or at worst case a day, on diesel but we’re prepared to run for up to a week.”...
...ENGS Commercial Finance estimates that initial prices for electric trucks will be twice that of low-end diesel equivalents. Companies with carbon reduction targets to meet are willing to pay....
...With established car producers managing a legacy portfolio of petrol and diesel vehicles, more direct exposure to EV can be found through suppliers....
...A version of this article was first published by Nikkei Asia on January 13 2023. ©2023 Nikkei Inc....
...Same-store sales fell 3.1 per cent excluding fuel but were 4.3 per cent higher when petrol and diesel sales were included, highlighting the impact of elevated fuel costs due to the war in Ukraine....
...It found that when copper traded at $3.25 per pound (or $7,100 a tonne), diesel cost $2.30 a gallon. However, in the second quarter to this year, diesel averaged more than $4 a gallon....
...While a number of new electric models enticed new customers, bans for older diesel vehicles in some cities and increased taxes for diesel in key markets had further harmed sales of diesel cars, Schmidt added...
...VW invested $2bn into Electrify America as part of a court settlement over the diesel emissions scandal. It plans to have 10,000 charging stations by 2026....
...As the company tries to eliminate its own emissions by 2040, it has installed solar panels on store roofs, fuelled forklifts with liquid hydrogen and begun piloting electric alternatives to diesel-powered...
...In Europe, electric car sales overtook diesel last year, while in Norway more than 80 per cent of new cars sold are battery-driven....
...Pension cash for British Gas workers was used to buy Israeli cyberweapon developer NSO Group, European sales of electric cars overtook diesel models for first time in December, and the FT’s Southern Africa...
...delayed [battery electric vehicle] cost parity to [internal combustion engines] by at least a decade,” the bank warned, referring to the moment at which emissions-free vehicles become as cheap as petrol or diesel...
...Electric beats diesel in EuropeSales of electric cars in Europe overtook diesel models for the first time in December, with more than a fifth of new cars sold across 18 European markets (UK included), being...
...Oil companies have flocked to renewable diesel markets over the past two years. Last month, ExxonMobil proposed a renewable diesel investment in Canada....
...The largest pure play diesel genset maker, Generac Holdings Inc of Wisconsin, has seen its shares rise more than 250 per cent over the past 12 months and nearly eight times over the past two years....
...Earlier this year, Mercedes-Benz owner Daimler said petrol and diesel models were a “cash machine” that would help fund the transition to cleaner transport....
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