Remove 2017 Remove Asia Remove Gasoline Remove International
article thumbnail

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.

article thumbnail

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

Green Car Congress

In its International Energy Outlook 2019 (IEO2019), the US Energy Information Administration (EIA) projects that world energy consumption will grow by nearly 50% between 2018 and 2050. 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.

Asia 220
article thumbnail

Primus Green Energy methanol plant project slated for 2017 in the Marcellus Region

Green Car Congress

a gas-to-liquids (GTL) technology and commercial solutions company that transforms methane and other hydrocarbon gases into methanol and gasoline, plans to develop and deliver its 160MT/day methanol plant to a manufacturing site in the Marcellus shale region. Primus Green Energy Inc.,

2017 150
article thumbnail

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

Green Car Congress

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. The project will run for five years, with an estimated completion date of December 2017. 300M to India’s Chhattisgarh State for major road upgrades.

article thumbnail

INFINITI to build five new models in China and electrify its portfolio

Green Car Congress

Ahead of Beijing International Motor Show, INFINITI announced it will build five new vehicles in China in the next five years, beginning with the all new QX50 SUV, and electrify its portfolio ( earlier post ). In Beijing, INFINITI will unveil its all-new INFINITI QX50 premium SUV for the first time in Asia. Earlier post.)

Infinity 186
article thumbnail

BNEF: net-zero road transport by 2050 still possible, but big push needed

Green Car Congress

Most of this is from electric two- and three-wheelers in Asia, but rising passenger EV sales push this to 2.5 Sales of internal combustion engine vehicles already peaked in 2017 and BNEF expects the global fleet of ICE passenger vehicles to start to decline in 2024. million barrels per day by 2025.

article thumbnail

IEA: record oil output from US, Brazil, Canada and Norway to keep global markets well supplied

Green Car Congress

Oil production growth from the United States, Brazil, Canada and Norway can keep the world well supplied, more than meeting global oil demand growth through 2020, but more investment will be needed to boost output after that, according to the International Energy Agency’s latest annual report on oil markets. mb/d in 2017.

Brazil 218