Category Environment

EV bankruptcy

“June 12 (Reuters) – U.S. commercial electric vehicle maker Electric Last Mile Solutions Inc (ELMS) (ELMS.O) said on Sunday it is planning to file for Chapter 7 bankruptcy, after a review of its products and commercialization plans.”

New natural gas field

“BERLIN (AP) — British regulators gave final approval Wednesday to develop a new North Sea gas field, while the Dutch government announced that it has issued permits for a joint gas exploration project with Germany.”

Auto cost of ownership

The cheapest gas car in the US retails for around $15,000, while the lowest-cost electric car will run you roughly double that. An EV maybe be cheaper to own over a long period on a monthly basis.