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Navigant: sales of light duty vehicles to total more than 2.1 billion from 2015 to 2035

Green Car Congress

According to a recent report from Navigant Research, total sales of LDVs are expected to total more than 2.1 billion from 2015 to 2035. Navigant forecasts global annual LDV sales to grow from 88.8 million vehicles in 2015 to 122.6 million in 2035.

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BASF boosts support for sustainable road construction with global distribution rights for RheoFalt rejuvenator

Green Car Congress

RheoFalt HP-AM, a powerful rejuvenator, enables 100% recycling of old asphalt, and has been scoring outstanding results in internal and external tests for 10 years. Since 2015, Ventraco has been conducting research at its Innovation Center to optimize existing solutions and develop new ones.

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Suzuki reports fuel economy testing irregularities in Japan but says no need to amend values

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The announcement came as Suzuki delivered the results of an internal investigation into its emissions and fuel efficiency testing ordered by the MLLIT. Suzuki reviewed the measuring process of driving resistance of all 16 models currently available for sale in Japan. Alto Lapin(Launched on 3 June 2015). Running change in 2012).

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Lexus has sold more than 1M hybrids

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Lexus International announced it has sold more than 1 million hybrid vehicles worldwide since the RX 400h went on sale in April 2005. —Tokuo Fukuichi, President of Lexus International. The first luxury hybrid sports coupe, the RC 300h, was launched globally at the end of 2015.

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Expert panel report finds achieving 1M plug-in vehicles in US by 2015 would require concentrated action to overcome barriers

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A new study sponsored by Indiana University concludes that President Obama’s vision of one million plug-in electric vehicles (PEVs) on US roads by 2015 will require concentrated efforts action from all stakeholders— the auto industry, federal government, the scientific community, and consumers—to be realized.

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Pike Research forecasts China plug-in market to reach 152,000 units/year by 2017, falling short of government targets; BEVs to dominate

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However, according to a new report from Pike Research, PEV production will fall well short of the government’s ambitious goals of manufacturing 500,000 PEVs a year by 2015. planned for sales to the mass market in five pilot cities encountered delays due to infrastructure installments, Pike noted, and consequently were not rolled out in 2011.

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Is A Second OPEC Cut In The Cards?

Green Car Congress

The February Oil Market report by the International Energy Agency (IEA) said that OECD total oil stocks had already dropped nearly 800,000 bpd in the fourth quarter of 2016, the largest fall in three years. Inventories at end-December were below 3 billion barrels for the first time since December 2015.