WSJ: How Volkswagen’s $50 Billion Plan to Beat Tesla Short-Circuited

Oh boy. With a headline like that, you know the story’s gotta be good: ZWICKAU, Germany—Five years and nearly $50 billion into the auto industry’s biggest bet on electric vehicles, Volkswagen VOW 2.05% CEO Herbert Diess and his guest, Chancellor Angela Merkel, stood in anticipation as the first ID.3, Germany’s long-awaited answer to Tesla, rolled off the assembly line. […]

Battered oil markets face threat from electric vehicles

Matthew Green and Simon Jessop have a great story at Reuters about the future of the global oil market: Oil companies may be facing uncertainty as the coronavirus pandemic triggers a collapse in demand for their products, but auto makers are betting the crisis will help accelerate an electric future. Reuters This is a little […]

Used EVs, Solar, and Wind: More Details on Green Tax Credits

After reporting that congress was likely to extend the tax credit for new electric vehicles, we’ve reviewed the text of one draft bill that may be in consideration. Now, it’s important to note a few things: We don’t know that this draft bill that was introduced in the house is what’s going to make it […]