Volkswagen has announced that it has decided to invest in its own battery cell factory. Many automobile companies manufacture electric vehicles and hybrids, but most of them rely on batteries purchased from a few existing battery manufacturers. This means that there are limited differences in the underlying energy storage technology when it comes to choosing an electric vehicle.

The best chance to decrease air pollution and curb the need for hydrocarbon fuels in the decades to come is the innovation of better battery technology.

New Battery Plant Could be a Game Changer in Electric Vehicle Strategy | Devamı>>>

For the global energy industry, China’s importance is hard to overstate. It is the world’s largest oil importer and is on course to be the largest gas importer this year. It accounts for about half the world’s coal consumption and almost a third of global investment in “clean” energy. If the Chinese economy were to go into a downturn, producers of energy commodities and technologies all around the world would be affected. China accounted for just over a quarter of the increase in world oil demand last year, according to Opec, and is expected to make about the same contribution this year, with its own consumption growth slowing in tandem with the global total.

The Week in Energy: China’s Slowdown | Devamı>>>