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Bad News: Record Oil Imports into China in 2023

CleanTechnica EVs

More than half of the world’s EV sales have occurred there in recent years. In 2023, 25% of auto sales in China were sales of full electric vehicles. continued] The post Bad News: Record Oil Imports into China in 2023 appeared first on CleanTechnica. It is a standard of the rapid, uplifting EV revolution.

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Lexus to debut the NX PHEV OFFROAD Concept and hydrogen-engined ROV Concept at Tokyo Auto Salon

Green Car Congress

Lexus will debut the NX PHEV OFFROAD Concept and hydrogen-engined ROV (Recreational Off highway Vehicle) Concept at the Tokyo Auto Salon 2022 held at Makuhari Messe (Chiba City) this weekend. The NX PHEV OFFROAD Concept is based on Lexus’ first PHEV model that went on sale in November 2021, the NX 450h+.

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Gulf oil giants Saudi Aramco, Adnoc set sights on lithium – ET Auto

Baua Electric

Saudi Arabia and the United Arab Emirates’ national oil companies plan to extract lithium from brine in their oilfields, in line with efforts to diversify their economies and profit from the shift to electric vehicles (EVs), three sources told Reuters. The kingdom has established its own EV brand Ceer, and built an EV metals plant.

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EVs Take 55% Of The German Auto Market In December!

CleanTechnica EVs

The tide has turned in the electrification of the German auto market, with plugin electric vehicles taking the majority of sales for the first time in December. of the month’s passenger auto sales, with full electrics taking a third (33.2%), and plugin hybrids taking over a fifth (22.2%). Plugins took 55.4%

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Big Oil Betting On Electric Vehicles

Green Car Congress

Speaking this week at the Bloomberg New Energy Finance conference in New York, Total SA’s chief energy economist, Joel Couse, forecasted that EVs will make up 15 to 30 percent of global new vehicle sales by 2030. Oil demand for transportation fuel see its “ demand will flatten out ,” after 2030, Couse said. Maybe even decline. ”.

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1 in 5 new car sales globally were EVs in 2023, and that’s curbed oil demand – IEA

Baua Electric

The growing number of EVs on the roads, accounting for 1 in 5 new car sales globally in 2023, also played a significant role in keeping oil demand (in terms of energy content) from rising above pre-pandemic levels. ad* FTC: We use income earning auto affiliate links. Get started here. –

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Indian Oil and Panasonic Energy to manufacture lithium-ion cells in India | Autocar Professional

Baua Electric

Indian Oil will leverage Panasonic Energy’s expertise in battery development and manufacturing, In addition to meeting domestic requirements, investments in setting up local manufacturing will set up a complete supply chain ecosystem improving India’s self-reliance, fortifying India’s position in the global energy landscape.