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

Green Car Congress

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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China's NEV industry currently immune to inflation, analysts say

CN EV Post

High oil prices are helping NEVs replace ICE vehicles, and the latter have more raw material costs including copper and aluminum. The post China's NEV industry currently immune to inflation, analysts say appeared first on CnEVPost. For more articles, please visit CnEVPost.

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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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China's Nov wholesale sales of passenger NEVs hit record 732,000, CPCA estimates show

CN EV Post

Demand in China's NEV market has held steady amid high international oil prices, the CPCA said. The post China's Nov wholesale sales of passenger NEVs hit record 732,000, CPCA estimates show appeared first on CnEVPost. For more articles, please visit CnEVPost.

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China's wholesale sales of passenger NEVs total 564,000 units in July, CPCA data show

CN EV Post

Improved supply and expectations of higher oil prices have kept the NEV market booming with strong order books, the CPCA said. The post China's wholesale sales of passenger NEVs total 564,000 units in July, CPCA data show appeared first on CnEVPost. For more articles, please visit CnEVPost.

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IEA forecasts global oil demand to reach 101.6 mb/d in 2023; non-OECD countries lead expansion

Green Car Congress

The IEA June 2022 Oil Market Report (OMR) forecasts world oil demand to reach 101.6 While higher prices and a weaker economic outlook are moderating consumption increases, a resurgent China will drive gains next year, with growth accelerating from 1.8 OECD industry stocks also rose, by 42.5 mb/d in 2022 to 2.2

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Global CO2 emissions up 3% in 2011; per capita CO2 emissions in China reach EU levels

Green Car Congress

savings stimulated by high oil prices led to a decrease of 3% in CO 2 emissions in the European Union and of 2% in both the United States and Japan. Emissions from OECD countries now account for only one third of global CO 2 emissions—the same share as that of China and India. tonnes per capita. the United States (16%).

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