Each technology possesses comparative advantages and disadvantages, such as differences in vehicle range capabilities and the degree to which they depend on charging infrastructure.
July 5, 2022Technology innovation will be a key driver of demand in the $204 billion global construction machinery market through 2025.
January 24, 2022Population growth has made it essential for countries to increase their power generation capacity.
February 4, 2020EVs race to the mainstream continues. Investor interest is soaring, deliverables for major contracts are coming due, and technology innovations and new product introductions by both established automakers and EV start-ups are improving the affordability and performance.
October 21, 2020While the shortage of microchips for automobiles may be one of the most visible examples of supply chain issues limiting the ability of manufacturers to ramp up output, it's not the only one. The Biden administration has ordered a review of all supply chains critical to the US economy in an effort to identify weaknesses and work to remove them going forward.
March 8, 2021The global electric vehicle (EV) charging station industry is on the verge of a significant transformation, with forecasts indicating a remarkable growth trajectory.
October 10, 2023China’s massive Belt and Road Initiative continues to fuel investment in strategic infrastructure development to connect China to Europe, the Middle East, and parts of North Africa for commercial and tourism purposes.
November 12, 2020With vehicle and airplane traffic significantly reduced amid the pandemic, the refining industry is facing additional challenges as more motor vehicle manufacturers look at shifting their product offerings toward an all-electric lineup much faster than anyone had been anticipating.
August 5, 2020In recent years, purchases of electric vehicles and plug in hybrid vehicles have been increasing due to government incentives, increasing gas prices, and environmental concerns.
April 14, 2023This surge in pricing – caused by high crude oil prices and decreasing domestic production of diesel fuel – is set to cause further angst across many segments of the economy.
February 14, 2022