Automotive

VW's electric push 'can't go any faster', says CEO

Volkswagen chief executive Herbert Diess said Monday it was "impossible" for the German car giant's electric transformation to happen any faster, but he accused Angela Merkel's government of holding back change with generous ...

Energy & Green Tech

Green diesel for the road ahead

Diesel engines far outpace gasoline engines when it comes to miles-per-gallon for freight-hauling heavy-duty trucks. And thanks to advances in technology, today's diesel engines emit far lower levels of pollutants, including ...

Automotive

Will drivers get burned by EU ban on ICE cars?

The European Commission unveiled Wednesday plans to accelerate its bid to reach carbon neutrality that effectively bans the sale of new cars with internal combustion engines from 2035. What will this mean for drivers?

Automotive

Former VW boss to pay firm $13 million over diesel scandal

Former Volkswagen CEO Martin Winterkorn has agreed to pay 11.2 million euros ($13.6 million) in compensation for what the company called his failure to quickly get to the bottom of the 2015 scandal over diesel engines rigged ...

Energy & Green Tech

Switch to electric vehicles could 'end oil era': analysis

Emerging markets switching from petrol and diesel engines to electric vehicles (EVs) could save $250 billion annually and slash expected growth in global oil demand by as much as 70 percent, an industry analysis showed Friday.

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