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IHS Markit: US gasoline demand could be cut almost in half due to COVID-19

Green Car Congress

The four-week average US gasoline demand for the week ending 6 March 2020 was 9.1 The magnitude of gasoline demand decline will be much greater than the impact of the 2008 recession and could be further protracted depending on how effective social distancing measures are at controlling the spread of the COVID-19 virus. million units.

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IHS: average age of light vehicles in US rises slightly in 2015 to 11.5 years; length of new vehicle ownership hits record high

Green Car Congress

million (2.1%) since last year and the highest annual increase the auto industry has seen in the US since IHS began tracking VIO growth. The rate of growth is slowing as compared to 2008-2013 due to the recovery in new vehicle sales. For used vehicles, it is 63 months, an increase of just more than 25 months (since Q1 2006).

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Study Finds That Clean Cars and Climate Policy Can Create Jobs

Green Car Congress

Contingent on fuel economy rules, currency exchange rates, incentives for US production (or the lack thereof ), and automakers’ and technology suppliers’ production location decisions, the United States could gain fewer than 20,000 jobs from 2008 to 2014, or nearly 54,000.

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June 2023 – Tesla Model Y was the best selling BEV in Germany

Push EVs

Overall auto volume was 280,047 units, up 24.7% YoY, still far down on the pre-2020 norm (roughly 330,000). The Tesla Model Y was the best selling BEV in June, and third best seller of any auto. in Q1 2023, the worst performance since the 2008 financial crisis (putting aside Covid disruptions).

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Lessons From Norway’s Journey To Becoming The Global Leader In EV Adoption

Wallbox

This approach of virtually redesigning the tax structure within the auto industry also stands out amongst other countries, which mainly rely on direct subsidies to incentivize EV purchases over internal combustion engine cars. Additionally, 2020’s gas emissions are on track to reach lower levels than in the 1990s.

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US DOE Issues Request for Information on Hydrogen and Fuel Cell Market Development; Reports to Congress on Program

Green Car Congress

billion (FY 2004 - FY 2008), including the competitive selection of nearly $830 million (subject to appropriations) in research, development, and demonstration (RD&D) projects (nearly $1.2 Since that time, DOE has dedicated $1.2 billion with private sector cost-sharing). centralized hydrogen production and delivery systems—have slipped.

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Heard At The Show: Snippets from SAE 2009 World Congress

Green Car Congress

How did the high fuel prices impact customer behavior in 2008? As the industry grapples with reducing weight without reducing attributes like size, safety or performance they are going to need to increase the use of lightweight materials. The cells make up the remainder. —Bill Cooke.

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