Headline News:
- “Tesla To Build New Megapack Battery Factory In China” • Tesla is planning to expand its business in China with a new battery factory to be built in Shanghai. The new facility is to produce 10,000 Megapacks annually, with a total capacity equivalent to 40 GWh. The batteries produced in Shanghai will be sold globally. [Oil Price]
- “Is Your Petrol Car Killing Your Pets?” • Many studies have been done to demonstrate the health consequences of breathing in the fumes from internal combustion engines, and yet some people still resist the call to move across to a battery electric vehicle. But what if your car was killing your fur baby? Or, at least, damaging its health? [CleanTechnica]
- “The 2023 BYD Qin Plus EV Shows How Far BEVs Have Come Over The Last Decade” • In some cases, battery EVs are priced lower than comparable ICE cars. Let’s look at the world’s largest auto market, focusing on one of the traditional leaders in the sedan market, the Toyota Corolla, and compare it with a similar BEV sedan, the BYD Qin Plus EV. [CleanTechnica]
- “High Oil Prices Fueling Middle East’s Renewable Energy Boom” • Oil prices have soared to multi-year highs, largely aided by strong post-Covid-19 demand, surprise OPEC+ cuts and the disruption caused by Russia’s war in Ukraine. The windfall allows some Gulf Arab states to diversify their oil-reliant economies in very big ways. [The Tide News Online]
- “EPA Preparing To Release Strict Vehicle Emissions Rules” • The US EPA is preparing to release strict new proposed federal emissions standards for light-duty vehicles that would move the US car market decisively toward EVs over the next decade. The rules would ensure that 64% to 67% of all new-car sales in the US would be EVs by 2032. [CNN]
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