New Energy Vehicles Outperform Other Segments

In the wake of China’s resolve in combat against diesel emissions, the auto industry in the country saw a continuing decline in both output and sales, registering respectively a slump of 4.4 percent to...

IEA Clouds Oil Demand Growth As Electric Cars, Clean Energy Develop

Electric vehicles and more efficient use of clean energy will moderate oil demand for transportation by 2040 more than earlier expected, the world, however, may still face a tension in crude supply without enough...

Freeways Make Free Energy? China Paves Roads with Solar Panels

Western countries have been considering paving roads with solar panels for many years. The Chinese have already done it, installing panels on the downhill section of a freeway in Shandong Province. The world's first photovoltaic(PV)...

The Future of Electric Vehicles Depends on the Chinese Market

China is the world's largest auto market and also a leader in the electric vehicle (EV) business. There are about 3 million electric vehicles in the world, and two-thirds of them are produced and sold...

The End of EU Curbs May Help Chinese Solar Products Exports

In 2013, the EU first implemented anti-dumping and anti-subsidy measures on Chinese solar panels. The EU curbs have been implemented for five years, and expired on September 3. Given the EU's goal of increasing...

Biofuels Help China to Clear the Air

China has been producing shining transcripts to the world in economic development over the past decades, however, this comes at a huge price of environment pollution. Some major industrial cities in northwestern part of...

EU Plans to Subsidize Billions of Euros for Electric Vehicle Battery

Electric vehicle battery is the lifeblood of the automotive industry in the 21st century. If the EU wants to maintain its leadership in the automotive sector and in decarbonization and clean energy systems, it must have the...

Russian Crude Oil Output Increase, Filling Iran’s Production Supply Gap

The Organization of the Petroleum Exporting Countries (OPEC) said that OPEC and its ally Russia's increase in crude oil production in September was enough to make up for the decline in Iranian oil output. In...

EU Nations Reach Agreement on Imposing Emission Cuts on Carmakers

European Union nations reached an agreement on Tuesday 9 October to cut car emissions by 35 percent by the year 2030, in response to UN experts’ warning about dangers of global warming. The 35 percent...

U.S. Becomes the Top Crude Oil Producer in the World

The Energy Information Administration (EIA) recently released the latest Short-term Energy Outlook (STEO) report, saying that the United States has surpassed Russia and Saudi Arabia to become the world's largest crude oil producer. Although EIA...

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EU and Japan Sign Free Trade Agreement

The European Union(EU) and Japan signed an agreement on tariff reduction on Tuesday. According to the deal, 99 percent of the tariffs on Japanese...