Tesla’s dominance of EVs is eroding as cheaper cars hit the market

Tesla's dominance of EVs is eroding as cheaper cars hit the market

You’re here is still the top-selling electric vehicle brand in the US, but its dominance is eroding as rivals offer a growing number of more affordable models, according to a report Tuesday by S&P Global Mobility. The data firm found that Tesla’s market share of new registered electric vehicles in the US stood at 65% … Read more

Oil major BP earnings Q2 2022

Oil major BP earnings Q2 2022

At BP gas station in Madrid, Spain. Sopa Pictures | light rocket | Getty Images LONDON — UK oil giant BP on Tuesday reported bumper second-quarter profits, benefitting from a surge in commodity prices. The British energy major posted second-quarter underlying replacement cost profit, used as a proxy for net profit, of $8.5 billion. That … Read more

Schumer-Manchin reconciliation bill: Climate change provisions

Schumer-Manchin reconciliation bill: Climate change provisions

Senator Joe Manchin (D-WV) exits the US Capitol following a vote, on Capitol Hill in Washington, February 9, 2022. Tom Brenner | Reuters Senate Majority Leader Chuck Schumer, DN.Y., and Sen. Joe Manchin, DW.V., on Wednesday unveiled a long-anticipated reconciliation package that would invest hundreds of billions of dollars to combat climate change and advance … Read more

General Motors (GM) earnings Q2 2022

General Motors (GM) earnings Q2 2022

GM CEO Mary Barra talks with media prior to the start of the 2017 General Motors Company Annual Meeting of Stockholders Tuesday, June 6, 2017 at GM Global Headquarters in Detroit, Michigan. Photo by John F. Martin for GM General Motors reported second-quarter earnings that fell short of Wall Street’s estimates after the company was … Read more

Photos show Europe’s devastating wildfires as temperatures surge

Photos show Europe's devastating wildfires as temperatures surge

Dubbed a “heat apocalypse” by one French meteorologist, many nations in Europe are sweltering under record temperatures, causing devastating wildfires in some parts of the continent. Spain and Portugal have seen over 1,000 deaths in the last week attributed to the weather, according to Reuters. Firefighters in France and Greece have also been out in … Read more

UK breaks its record for highest temperature as heat builds

UK breaks its record for highest temperature as heat builds

LONDON (AP) — Britain shattered its record for highest temperature ever registered Tuesday, with a provisional reading of 39.1 degrees Celsius (102.4 degrees Fahrenheit), according to the country’s weather office — and the heat was only expected to rise. The highest temperature previously recorded in Britain was 38.7 C (101.7 F), a record set in … Read more

Europe broils in heat wave that fuels fires in France, Spain

Europe broils in heat wave that fuels fires in France, Spain

LA TESTE-DE-BUCH, France (AP) — A heat wave broiling Europe spilled northward Monday to Britain and fueled ferocious wildfires in Spain and France, which evacuated thousands of people and scrambled water-bombing planes and firefighters to battle flames in tinder-dry forests. Two people were killed in the blazes in Spain that its prime minister linked to … Read more