The imperative for car companies to sharply adjust to rising fuel prices is far greater than energy companies moving to alternative fuels. As we know, the energy companies rake in huge profits when oil gets expensive. What GM hasn’t done for years, it’s beginning to do – make sharp cuts in production of gas guzzlers and aggressively move on schedules of fuel efficient cars. Today GM announced plans to shut down four truck and SUV plants and committed to bring the hybrid Chevy Volt into production. And it’s one of the most aggressive companies with respect to hydrogen fuel vehicles. It’s a remarkable series of moves for company known for lethargy and sacrificing its future for short term profits. For years, it refused to move away from gas guzzling trucks and broaden its portfolio with hybrids and vehicles that sip instead of guzzle gas. Following Ford’s cue with the Verve, GM also committed to doing a global car.
Make no mistake about it. Car companies are in a state of crisis across the board. For May, Ford reported a 16% drop in sales while perennial performer Toyota posted a 4.3 per cent decline. For the first time ever, the Toyota Camry and Corolla each outsold the aging Ford F-150 pickup, according to the Wall Street Journal. And for May, GM’s were in freefall, plunging 28%. It would seem large SUV production is headed into the car crusher.
Oil prices know no ceiling although the commodity is trading on fear, not on any marked shortfall in crude or refined products. It’s a sorry and scary state of affairs. The good news is that it has motivated car companies to do what they should have years. Now we just have to get the energy sector moving faster.
By experimenting with the photovoltaic reaction in solar cells, researchers at MIT have made a breakthrough in energy efficiency that significantly pushes the boundaries of current commercial cells on the market.
We looked at a number of sources to determine this year's greenest cars, from KBB to automotive trade magazines to environmental organizations. These 14 cars emerged as being great at either stretching fuel or reducing carbon footprint.
A quick look into the merger of two powerhouse 3D printing OEMs and the new leader in rapid prototyping solutions, Stratasys. The industrial revolution is now led by 3D printing and engineers are given the opportunity to fully maximize their design capabilities, reduce their time-to-market and functionally test prototypes cheaper, faster and easier. Bruce Bradshaw, Director of Marketing in North America, will explore the large product offering and variety of materials that will help CAD designers articulate their product design with actual, physical prototypes. This broadcast will dive deep into technical information including application specific stories from real world customers and their experiences with 3D printing. 3D Printing is