Volkswagen is shifting more operations to China, tapping the country’s electric vehicle capacity and building factories.
Two- and three-wheeled vehicles, used by billions of people, are moving away from fossil fuels to batteries faster than cars in countries that have made the energy transition a priority.
The move is the oil giant’s first foray in the production of a metal vital for electric vehicle batteries.
Exxon Mobil and Chevron are spending tens of billions of dollars buying oil and gas assets, betting that the International Energy Agency’s predictions of declining oil demand are wrong.
The prediction, which has stirred controversy among oil producers, is a sign of a sweeping transformation in the global energy landscape.
Despite the rapid growth of electric vehicles and solar power, other efforts to tackle warming are lagging, according to the International Energy Agency.
Despite the rapid growth of electric vehicles and solar power, other efforts to tackle warming are lagging, according to the International Energy Agency.
Jason Bordoff and Meghan O’Sullivan map out how decarbonization will transform the world economy and geopolitics.
More technology and creature comforts, as well as a parade of new electric vehicles, have complicated the job after accidents.
Electric cars aren’t nearly as fun to drive.