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Deutsche Bank Forecast sees slower transportation electrification and greater gasoline demand near-term; increased confidence in the pace and breadth of long-term shift to efficient transportation systems

Green Car Congress

” Their analysis is in the context of the “ surprising [oil] demand strength of 2010 “; 2010 saw absolute incremental demand at around 2.2mb/d of growth—the second highest in 30 years, despite oil prices in the $90/bbl region. There is pressure to make European standards even more aggressive.

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Expert panel report finds achieving 1M plug-in vehicles in US by 2015 would require concentrated action to overcome barriers

Green Car Congress

However, consumer demand for PEVs is quite uncertain and, barring another global spike in oil prices, may be limited to a minor percentage of new vehicle purchasers (e.g., Automakers could ramp up PEV production if consumer demand proves to be larger than expected. Market Drivers. Early Adopters vs. Mainstream Car Buyers.

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Heard At The Show: Snippets from SAE 2009 World Congress

Green Car Congress

How did the high fuel prices impact customer behavior in 2008? In this country a lot of the new cars are purchased by higher income households and a typical modest income household is driving a used car.The typical American that is buying a new car, which costs on average $28,000, isn’t currently driving a car that costs $2,000.

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