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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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EIA projects nearly 50% increase in world energy usage by 2050, led by growth in Asia

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EIA projects most of this growth will come from regions where the consumption of energy is driven by strong economic growth, particularly in non-OECD Asia. OECD electric light-duty vehicle stocks increase from 3.5 OECD electric light-duty vehicle stocks increase from 3.5 million vehicles in 2018 to 269 million in 2050.

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ExxonMobil: diesel will surpass gasoline as the number one global transportation fuel by 2020

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Diesel will surpass gasoline as the number one transportation fuel worldwide by 2020 and continue to increase its share through 2040, according to ExxonMobil’s recently published Outlook For Energy: A View To 2040. Other transportation-related conclusions from the forecast include: The strongest growth in demand is in Asia-Pacific.

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Toyota to participate in FIA World Endurance Championship in 2012 with prototype gasoline-electric hybrid LMP1 racer

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To date, the ACO has run the Le Mans 24 Hours in Le Mans, France, and the Intercontinental Le Mans Cup, with races in Europe, the United States and Asia. The inaugural year is expected to feature a series of races in Europe, the US and Asia, in addition to the Le Mans 24 Hours.

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Horizon Fuel Cell Powered Team Wins 1st Place at Shell Eco-Marathon Asia 2010

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In the first Shell Eco-marathon to take place in Asia, University Teknologi Malaysia (UTM) took first place with 599 km per liter (1,410 mpg US, 0.17 L/100km) of gasoline equivalent, in an electric vehicle design that hybridized Horizon’s hydrogen fuel cells with an ultracapacitor. Horizon fuel cell system in vehicle.

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Asian Development Bank providing $300M towards replacing 100K gasoline trikes with E-Trikes in the Philippines; $300M for major road upgrades in Chhattisgarh, India

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The Asian Development Bank (ADB) is providing $300 million towards a project that will replace 100,000 gasoline-burning tricycles in the Philippines with electric tricycles, or E-Trikes. —Juan Miranda, Director General of ADB’s South Asia Department.

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GM to develop new global family of small-displacement gasoline engines; partnership with SAIC, SGM and PATAC

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Ecotec small gasoline engine. General Motors will develop an all-new global family of small-displacement Ecotec gasoline engines over the next several years that will deliver improved fuel economy, higher quality, better performance and reduced CO 2 emissions. Click to enlarge. Earlier post.).

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