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BYD has reached 150,000 cumulative commercial vehicle production, with the milestone vehicle being an electric semi truck. The automaker’s commercial sales surged 113% year-over-year in September.
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.
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.
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.
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 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.
