PRESS RELEASEPosted on June 7, 2023According to the Ocean Report The “Fluids market for electric vehicles” is a highly dynamic industry, with several key players fighting for dominance in different regions and countries. In this highly competitive landscape, companies have implemented a series of strategic measures to improve their market penetration and consolidate their position in the sector. The latest market research report on the “Fluids market for electric vehicles” provides a comprehensive analysis of this thriving industry, segmented by region, country, company, and other segments. This report provides stakeholders and other participants with valuable insights that can help them…
Author: Automotivedealernews.com
Zenith Energy Ltd. is acquiring oil wells in the state of Oklahoma from Stateside Energy LLC, beginning its expansion into the US. Stateside has agreed to sell its production wells to a special purpose vehicle to be established by Zenith under the deal. The resulting company, which will be wholly owned by Zenith and called Newco, will also serve as Zenith’s acquisition arm targeting oil assets elsewhere in the U.S., the City of Vancouver buyer said Friday in a press release “Zenith will consider offering Stateside the following incentive bonus structure based on Newco achieving the following incremental average production…
Mayor Michelle Wu was involved in a crash Tuesday while riding as a passenger in an unmarked Boston police cruiser, the mayor’s office confirmed. No one was seriously injured and the police department is investigating the accident, Wu’s office said in a statement. Boston police declined to comment Tuesday, deferring to Wu’s office. Photos and video of the crash show it happened at the intersection of Hyde Park Avenue and Blakemore Street in Roslindale. Video of the incident appears to show that cars traveling on Hyde Park Avenue had their lights green when the police car enters the intersection from…
CNN — If gas guzzlers disappeared from U.S. car lots by 2035 and were replaced by zero-emissions vehicles — essentially electric cars, trucks and SUVs — the nation would see 89,300 fewer premature deaths by 2050, according to a new report from American Lung Association. But the country should also move more toward clean, non-combustion electricity, such as wind, solar, hydro, geothermal and nuclear, to see the health benefits. The report, released Wednesday, says Americans would have 2.2 million fewer asthma attacks and 10.7 million fewer lost work days, and the country would see $978 billion in health benefits. public…
New Delhi, June 6: Public sector oil refiner and retailer Indian Oil Corporation Ltd (IndianOil) on Tuesday said popular film actor John Abraham has launched the company’s SERVO Hypersport F5 fully synthetic 4T motor oil for motorcycles. It also launched SERVO Grease Miracle, a premium grease. Abraham is the ambassador of Oilco’s SERVO brand of motor oil and lubricants. Indian Oil Chairman SM Vaidya, company directors, channel partners and other senior officials were present at the launch of the two new products. “At IndianOil, we are committed to providing our customers with innovative and sustainable solutions. Today, we are excited…
The Philippines has received 378 requests for rights to participate in the electricity grid through renewable energy development, in the second such auction in the country with 11,600 megawatts on offer. The green energy auction is part of government efforts to increase the share of renewables in the coal-dominated energy mix to 35% by 2030 and 50% by 2050, as set out in the Energy Development Plan of Philippines 2020-2040. For the auction proper set for June 19 there are 339 bids, after evaluation by GEA’s award committee, the Department of Energy (DOE) said in a press release on Friday.…
NASHVILLE, Tenn. (WTVF) — Metro police detectives are trying to identify the suspect in a shooting at an Antioquia car wash last month that left a man in critical condition.The shooting happened in the 2700 block of Murfreesboro Pike on May 10 around 10:40 p.m., according to Metro Police.The unidentified suspect is not believed to be homeless and is in the area of the car wash. He reportedly targeted the victim and shot him multiple times. The motive for the shooting is unknown at this time, Metro Police say.The victim was taken to Vanderbilt University Medical Center for treatment and…
It’s been a while since an RX with a rotary engine sports car emerged from the factory of Mazda. Arguably their most famous is the RX-7, but it’s the RX-8 that brought the curtain down on rotary sports Mazdas with the final unit produced in June 2012. Since then, as our sister site claims Top Speed, enthusiasts have been longing for a successor. Now, the whispers of a possible RX-9 are getting louder. A new RX-9 follows the spectacular RX-Vision concept, and this concept gives us a glimpse of what a possible RX-9 could look like. In an increasingly electric…
Headwinds facing producers in the Permian, Eagle Ford and other shale plays are cutting valuations for oil and gas assets and making it easier for private equity-backed buyers and sellers to strike deals. For proof, look no further than the ongoing frenzy of M&A activity in South and West Texas, where large and mid-sized E&Ps continue to gobble up smaller producers with complementary assets. Their goals are the same: to increase scale, improve efficiency, reduce costs and build inventory in highly productive plays with easy access to Gulf Coast refineries, fractionation plants and oil export docks, LNG and LGN. In…
The Holy Grail for electric vehicle adoption is said to arrive once conventional electric vehicles can be had for less than $30,000. For some US buyers, that’s now the reality, thanks to government subsidies. Earlier this week, Tesla ( TSLA ) announced on its website that all versions of the Model 3 sedan now qualify for the full $7,500 federal tax credit; previously, the cheapest rear-wheel-drive (RWD) version of the Model 3 qualified for half the amount. The federal government confirmed the announcement on its fueleconomy.gov website. The federal government’s requirements for the electric vehicle tax credit require that 40%…