ENERGY ETHOS

Daimler is taking a 10 percent stake in Tesla Motors, a U.S. based electric car start-up, as it expands its green auto business, the head of Daimler’s research department said on Tuesday. The German luxury auto maker is paying a double digit million dollar sum for the stake in the American firm, said Thomas Weber, declining [...]

Warren Buffett hasn’t just seen the car of the future, he’s sitting in the driver’s seat. Why he’s banking on an obscure Chinese electric car company and a CEO who – no joke – drinks his own battery fluid. Warren Buffett is famous for his rules of investing: When a management with a reputation for brilliance [...]

For centuries, people around the globe have used Earth’s heat: from relaxing hot springs baths to geothermal energy production for entire cities. But the resource has always been limited to areas with sufficient underground warmth. Now, as U.S. officials encourage the development of clean-energy technologies, the industry is developing new, more effici […]

The Prime Minister hopes to make Britain “a world leader” in producing and exporting electric cars and hybrid petrol-electric vehicles. Trials for electric cars in two or three cities could be up and running as soon as next year, he said. As part of the plan, the Government will also open talks with power companies [...]