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Report suggests low-speed electric vehicles could affect Chinese demand for gasoline and disrupt oil prices worldwide

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Low-speed electric vehicles (LSEVs) could reduce China’s demand for gasoline and, in turn, impact global oil prices, according to a new issue brief by an expert in the Center for Energy Studies at Rice University’s Baker Institute for Public Policy. “ —Gabriel Collins.

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Navigant Research: sales of plug-in electric buses increased 40% from 2016 to 2017

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According to a new report from Navigant Research, sales for plug-in electric buses increased 40% from 2016 to 2017, as the technology on offer from bus companies has improved in performance and in price. Global bus sales are expected to grow from just more than 800,000 in 2017 to more than 1 million in 2027.

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EIA STEO projects higher US crude production, increases in travel and gasoline demand

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million b/d in 2017 and 9.9 That level is higher than originally forecast, exceeding the previous record level of 9.6 For summer 2017, EIA forecasts motor gasoline consumption to average 9.5 For summer 2017, EIA forecasts motor gasoline consumption to average 9.5 of total gasoline consumption.

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Honeywell Transportation Systems Forecast: turbocharged vehicles to account for 48% of annual global sales by 2021; electric boosting emerges

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Honeywell’s Transportation Systems Forecast projects that turbocharged vehicles will acount for 48% of annual global sales by 2021, up 9 percentage points from 2016. In addition, Honeywell’s forecast calls for electric boosting products to help support compliance with more stringent national environmental standards.

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Volvo Cars aiming for 50% of sales to be fully electric by 2025

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Volvo Cars aims for fully electric cars to make up 50% of its sales by 2025, the company announced in Beijing. The announcement builds on Volvo Cars’ 2017 announcement that all new models released from 2019 will be available as either a mild-hybrid, plug-in hybrid or battery-electric vehicle. New Volvo XC40 T5 plug-in hybrid.

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Toyota unveils new TNGA-based engines and transmissions and improved hybrid systems; deployment begins in 2017

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Toyota intends to deploy these new powertrain units in a rapidly broadening range of vehicle models, starting in 2017. The new powertrain units provide approximately 10% better power performance (in terms of the time needed for a gasoline-powered vehicle to accelerate from 0-60 mph and for a hybrid vehicle to accelerate from 25-43.5

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Moody’s Japan says push for electrified vehicles poses credit challenges for key Japanese sectors

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says that the push toward alternative-fuel vehicles—battery electric vehicles, hybrids, plug-in hybrids and fuel-cell vehicles—poses a credit challenge for multiple sectors in Japan, with the large auto sector and sectors such as steel and refining most affected. Moody’s Japan K.K.

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