Dominant Audi racing team dumps diesel hybrids for electric power

2016 Audi R18 LMP1 World Endurance Championship race carOver the past decade and a half, Audi has built a racing dynasty. The German luxury automaker has dominated the 24 Hours of Le Mans endurance race, one of the most prestigious events in motorsports. But that dominance is coming to an end. DON'T MISS: How to promote a Porsche hybrid? Bring its Le Mans sibling into rush-hour traffic Audi will pull...

Oil in ground may be worth less, Exxon concedes, unhappily

Oil well (photo by John Hill)As low oil prices remain steady, many oil companies have been forced to write down the value of their reserves. It's something oil giant ExxonMobil has resisted, even as its revenues have dropped. But the company is now expected to reassess the value of 3.6 billion barrels of oil-sand reserves, and 1 billion barrels of other North American oil...

Peak oil, SUV definitions, LeEco cash problem: Today’s Car News

Faraday Future FFZERO1 conceptToday, Shell predicts oil demand could peak by 2020, automakers use the loose definitions of different SUV categories to make meeting fuel-economy standards easier, and Faraday Future backer LeEco runs out of cash. All this and more on Green Car Reports. Faraday Future backer LeEco is running out of cash, the company's CEO recently admitted in a...

How China’s horrific air quality magically turns cleaner: cotton

Beijing smogChina is known for having some of the most polluted air in the world. But officials in one Chinese city found a way to at least make that air appear cleaner, for awhile. Like many Chinese cities, Xi'an, the provincial capital of Shaanxi, in the northern part of the country, has air-monitoring equipment. DON'T MISS: Coal in China: huge problem for...

Are you driving a car, a crossover, an SUV, or a truck? Do you care?

2017 Honda CR-VAre you driving a car or a truck? The answer may be harder to determine than you think. U.S. safety and emissions regulations generally split cars and trucks into two categories, but the line between those two vehicle types has become blurred in recent years. That's thanks to the car-based crossover utility vehicle, which now represents one of the...

Global oil demand could peak by 2020, says Shell

Oil field (Image: Flickr user johnny choura, used under CC license)The rise of electric cars has led many analysts to make predictions about the future of the oil industry. ExxonMobil and OPEC have both made statements indicating confidence that the majority of vehicles on the world's roads will continue to be powered by fossil fuels for the next few decades. But Shell recently made a prediction that is a bit...

Faraday Future backer Le Eco is running out of cash, CEO admits

LeEco LeSee concept, 2016 Beijing Auto ShowFaraday Future plans to put an electric car into production within two years at a brand-new factory with a stated price tag of $1 billion. So far, this ambitious plan has had the backing of Chinese billionaire Jia Yueting, and his LeEco tech empire. But now LeEco may be running out of cash. DON'T MISS: Faraday Future imperils electric-car factory...

Coal in China: huge problem for clean power, climate efforts

Coal, by Flicker user oatsy40 (Used Under CC License)Over the past few years, China has made impressive strides in renewable-energy investment. The promotion of renewable energy will only become more important as China works to meet its commitments under the recently-ratified Paris climate agreement. But the country's reliance on coal for electricity generation still poses a huge problem for these...