40% of Volkswagen Group’s European Orders Were 100% Electrics Last Month
Volkswagen Group reports that 40% of European orders were fully electric vehicles last month, driven by newly launched lower-cost EV models and strong customer demand.
Reinforcing the ETS SMAP to Guarantee Long-term Shipping Decarbonisation
The EU’s SMAP mechanism under the ETS could provide €15 billion to support maritime decarbonization through green e-fuels between 2028 and 2040, though observers suggest modifications are needed to ensure adequate investment.
Sales Of Used EVs Surge In US
Used electric vehicle sales are surging in the United States as prices decline, making previously expensive models like the Ford F-150 Lightning increasingly attractive to consumers seeking relief from high fuel costs.
Trump Defends Russian Diesel Deal as Energy Ceasefire Claims Unravel
President Trump defended allowing Russian diesel exports and claimed an energy ceasefire between Russia and Ukraine is in place, despite neither side confirming the agreement and continued Russian strikes on Ukrainian energy infrastructure.
Saudi Arabia Becomes the Oil Market’s Biggest Wild Card
Saudi Arabia emerges as a major supply risk for oil markets as Houthi attacks threaten infrastructure and shipping. Brent crude hovers near $105 per barrel amid regional tensions.
Europe Should Learn From South Korea’s Hydrogen Station Failure
Europe is building hydrogen refuelling stations ahead of actual truck demand, following South Korea’s experience where 80% of operating stations still require government subsidies despite years of coordinated policy support.