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President Biden calls on Congress, States for fuel tax holiday; increase in refinery capacity

Green Car Congress

President Biden called on Congress to suspend the federal gas tax for the next 90 days, through the busy summer driving season—18 cents per gallon for gasoline and 24 cents per gallon for diesel. That figure is down from 141 refineries in 2017, with 4 idle. However, the cost of refining in other nations is currently higher.

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

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The road transport sector could still reach net-zero emissions by 2050 through electrification, but urgent action would be required from policymakers and industry participants, according to research company BloombergNEF’s (BNEF) latest annual Long-Term Electric Vehicle Outlook (EVO). million sold in 2021 to 21 million in 2025.

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IHS Markit: vehicle miles traveled to increase 65% in key markets by 2040, while vehicle sales slow

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In a new study, IHS Markit forecasts that vehicle miles traveled (VMT) will by 2040 grow to an all-time high of around 11 billion miles per year (a 65% increase since 2017) in China, Europe, India and the United States—the key markets examined for the study—and will keep growing. IHS Markit, “Reinventing the Wheel.”

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UPS-led SEUL consortium switches on smart-grid fleet charging solution in London; maxing out on EVs without expensive grid upgrades

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A UPS-led consortium has deployed new smart-grid charging technology in London that overcomes the challenge of simultaneously recharging an entire fleet of electric vehicles (EVs) without the need for the expensive upgrade to the power supply grid. SEUL is a two-year project that commenced in April 2017.

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HyBoost concept achieving close to Prius-level CO2 emissions; aggressive downsizing with advanced boosting and micro-hybrid system

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HyBoost achieves this by combining aggressive 50% downsizing of the engine with an electric supercharger for transient low-speed performance, and a micro-hybrid stop-start and energy recuperation systems, Boggs said. Ricardo’s gasoline engine roadmap focuses on CO 2 reduction through downsizing and the use of synergistic technologies.

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Ford ups its electrified vehicle ante to $11B; 86% trucks and SUVs in the product mix by 2020

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billion envisioned by Fields in 2017. That money will go toward: Next-Gen Hybrid Electrics: Part of Ford’s new strategy includes going all-in on hybrids to bring more capability to customers of our most popular and high-volume vehicles like F-150, Mustang, Explorer, Escape and Bronco.

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Rising Fuel Prices Have Imparted A Potent Boost To The Indian Electric Scooter Market

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The country is noted for its high demand for scooters, which account for a significant portion of global two-wheeler sales. In India, ICE scooters with internal combustion engines (ICE) account for roughly 70% of overall gasoline use. Okinawa Autotech began selling e-scooters in 2017 under the I-Praise, PraisePro and Ridge+ brands.

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