Dawn of a new transportation age: an update
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Joby Launch 2025: New York and LA to open airspace for air taxi program
Joby to launch air taxis for urban transportation in New York City and Los Angeles alongside partners Delta Air Lines and Uber; Toyota injects 500 million.
Motocicletta:MV-QSX8000 (DPX) update
MV-QSX8000 (DPX) is a modification of the MV-DPX from Wuxi Sachi Motors
BP @ 2 mln barrels per day abandons pledge to cut production
"BP had aimed to cut output by 25% by 2030 but now BP is eyeing investments in Iraq and Kuwait"
From CounterPunch: US Oil and Gas Production Surged to Record Highs Under Both Trump and Biden-Harris
The United States is producing more oil and natural gas today than ever before, and far more than any other country.
Ev Update: Metals Prices Lower than Expected
"Experts projected that the “electric vehicle revolution” would increase both metal demand and metal prices, especially when it comes to rare earth elements and crucial raw materials like lithium, cobalt, and nickel. However, the U.S. metal markets continue to suffer from lower-than-expected EV demand."
EV Update: Carmakers Scaling back on EVs - Reuters:
LG Energy Solution, General Motors, Honda and other auto and battery makers have trimmed EV expansion plans in recent weeks, partly due to rising interest rates, which in turn has stoked concerns of a supply glut for the battery metal.