Friday, November 22, 2024
Oil and gas, EV's-A threat from above?- oil and gas 360

Oil and gas, EV’s-A threat from above?

(Oil & Gas 360) – Traffic jams and hailing Ubers could be things of the past should air taxi developers deliver on promises that are enticing enough that Toyota is investing in another round of the technology. The Japanese carmaker is investing half a billion dollars in Joby, a California-based producer of electric vehicle takeoff and landing craft (eVOTL) that has

EV market softens, automakers adjust   - oil and gas 360

EV market softens, automakers adjust  

(Oil & Gas 360)—Ford’s ongoing ”market therapy” regarding a less-than-enthusiastic reception for its three electric vehicle (EV) models is costing the company about $3 billion to convert a Canadian plant from its purpose-built EV design to produce more of its Super Duty truck models (F-250, 350, and 450).    Trucks constitute the lion’s share of Ford’s business; its F-150 internal combustion