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Today’s Stunted Oil Prices Could Cause Oil Price Shock In 2020

Green Car Congress

As oil prices remain unsteady and OPEC continues to make headlines every hour, the world is focused on oil’s immediate future. With this kind of impending discrepancy between supply and demand, the industry needs to start looking for new sources of oil, and quickly. by Haley Zaremba for Oilprice.com.

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Lux Research: despite cheap oil, niche plug-in vehicle sales will be resilient; conventional hybrids to be hardest hit

Green Car Congress

The current plunge in oil prices will likely negatively affect plug-in and hybrid vehicle sales in the short term; automakers such as BMW are already warning of lower sales of plug-in vehicles given the market context. Anticipated price of oil and forecast plug-in sales. Lux on the price of oil.

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SK Innovation to end Li-ion JV with Continental due to slow demand growth for EVs

Green Car Congress

Yonhap News reported that SK Innovation Company will end the battery-pack joint venture with German partner Continental AG ( earlier post ) due to slow growth in demand for electric cars. According to Yonhap, SK Innovation said in a regulatory filing that it will buy a full stake in the Korean branch of the joint venture at 14.48

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Will The EV Revolution Trigger Global Economic Crisis?

CleanTechnica EVs

By Charles Morris The transition to electric vehicles and renewable energy is already creating winners and losers. We write about the winners often in this space — they include just about anyone who invested in Tesla since the 2010 IPO, especially those who followed a buy-and-hold strategy, as well as those who bet […].

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Norweign Drivers switch to Electric Cars

EV Report

Above – Electric Car at Norway. There has been a steady increase in electric and hybrid cars over the last decade in the US but still only 2 percent account for new car sales in the US. Most people do know and feel that if we drive electric cars we could reduce the consumption of oil and could reduce pollution.

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Lux: Total is leading example of oil supermajor expanding into solar plus storage and distributed generation

Green Car Congress

Expanding into an area outside of the oil supermajors’ expertise is risky—batteries are a hard business to win even for industry veterans—but action is key as transportation and the grid increasingly march toward more electrification, Lux suggests.

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Perspective: Government Leadership Needed for Electric Vehicles to Succeed

Green Car Congress

The critical need for government leadership in the emergence of electric vehicles dominated a recent Green Fleet Management discussion in Toronto, hosted by Fleet Challenge Ontario. In an interview published in Maclean’s, a Canadian news magazine, the chairman and CEO of General Electric said, “ Government should be a catalyst for change.