News

Green economy has all of a sudden become a coveted industry as China elevates its ambition in electric vehicles, and multiple countries have promised on realizing carbon neutrality, whereas the new US president Joe Biden also has a completely different approach in green energy compared to the predecessor Donald Trump, thus the prices of precious metals, such as platinum, copper, and nickel, have surged accordingly. ...  more

Surprisingly, the impact of the COVID-19 pandemic on the biofuel industry appears to be as strong as it is on the oil and gas industry. ...  more

Deutsche Bahn (DB) and Siemens Mobility in November announced the launch of their joint project “H2goesRail”. Together, they will build and test a next-generation hydrogen railway system in Germany. Besides the trains and hydrogen fueling infrastructure, the project will also introduce a rapid refueling method that takes just 15 minutes to complete. Siemens Mobility is a separately managed entity under its parent company Siemens and specializes in the development of intelligent rail and traffic solutions. ...  more

Right before the upcoming unveiling of Kymco’s new electric scooters, CMC eMoving, a heavyweight in Taiwan’s electric scooter battery consortium (henceforth “the consortium”), announced that it will officially join the PBGN (henceforth “the network”). Spearheading eMoving’s PBGN participation is the company’s first PBGN-compliant electric scooter, to be released in 4Q21. ...  more

Tesla CEO Elon Musk has come up with yet another new idea in the face of the emerging ferocious era of electric vehicles, which comprises of how the company, currently ranked first in global market share, may acquire a traditional automotive manufacturer to elevate production capacity. Who will be the potential partner for Tesla? ...  more

Energy Resources Senegal (ERS) and Climate Fund Managers (CFM) have entered into an agreement to jointly build a solar-plus-storage plant in Niakhar, a town located about 150km east of the Senegalese capital Dakar. ERS is an energy developer that has the state-owned utility of Senegal as one of its major shareholder. CFM is a global investment group that funds projects related to renewable energy and sanitation. ...  more

Silver prices has been sliding recently due to the weakening of gold prices. However, analysts studying the markets for precious metals anticipate that silver prices will bottom out at either the end of 2020 or the start of 2021 and then enter a period of upswing. ...  more

Ford revealed the result of energy consumption for its critically acclaimed Mach-E on the 22nd from the Environmental Protection Agency to be 434km, which makes it the BEV with the best driving range apart from Tesla. ...  more