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BMW (OTCPK:BMWYY +1.3%) and Daimler (OTCPK:DDAIF +0.0%) are being sued by German activists, marking the first time German citizens have sued companies for contributing to climate change. The activist group, Deutsche Umwelthilfe, is also working on filing a lawsuit aimed at Volkswagen (OTCPK:V...
After four months of accelerated growth, European Union car registrations slipped 19.1% Y/Y in August to 622,993 units, followed by 23.2% decline in July to 823,949 units. The market picked up with +87.3% in March, +218.6% in April, +53.4% in May and +10.4% in June, after ...
J.P. Morgan (NYSE:JPM) has signed a strategic deal with Volkswagen Financial Services to acquire a controlling interest of ~75% in the car manufacturer’s payments platform, operated by Volkswagen Payments S.A. The deal will enhance the bank’s digital payment capabilities. Volksw...
BMW is struggling with its exit from ICE, pledging to reduce life cycle emissions. BMW shows iVision Circular Concept BEV at IAA Mobility 2021. New focus on recycling, sustainability and satisfaction. All legacy ICE manufacturers engaged in managing transition from ICE. BMW is...
Global electric car sales for July 2021 were up 94% YoY reaching 7.1% share, third best month ever. China sales rose 143% YoY reaching 15% share. EV market news - Biden outlines target of 50% EV sales share in 2030. UBS forecasts 25% EVs by 2025 and 60-70% by 2030. Musk says EVs at "i...
This is a step forward for Toyota more in terms of its new factory in Alabama. Toyota will produce the Corolla Cross in this new factory, and this is unsurprisingly the crossover-SUV version of the Corolla. Looking at the Kia Seltos-Forte sales ratios in the US market, we can esti...
Australia’s role in the global green energy transition is crucial. The country has key resources needed to feed growing demand for critical minerals and has built strategic partnerships along the supply chain. When it comes to battery metals , ASX-listed companies...
A look at Ford's ROE decomposition shows that it isn't heading in the right direction. Ford continues to decrease its efficiency. Ford is a classic value play. For further details see: Comparing Ford's Operational Efficiency To Tesla And Others
The applications and technology that are driving the transition to clean energy and decarbonization are extremely minerals intensive. The minerals intensity of clean energy technologies may accelerate demand by as much as four to six times, depending on the technology. The clean e...
Humans have caused “unprecedented” and “irreversible” climate change already. Every additional ton of CO2 or methane released makes things worse. Net zero emissions must be achieved as soon as possible to mitigate out of control climate change. This...
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