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

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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. “ million of them—roughly 30% more units than conventional electric vehicle makers did.

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MAN propane-fueled ME-LGIP to power Chinese VLGC

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Jiangnan Shipyard, owned by China State Shipbuilding Corp (CSSC), has ordered an LPG (liquefied propane gas)-burning MAN B&W 6G60ME-LGIP engine in connection with the building of an 86,000-m 3 VLGC (Very Large Gas Carrier) for Tianjin Southwest Maritime (TSM), the Chinese shipping company. HFO-burning engines to 6G60ME-C9.5-LGIP

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Report: VW aims for 10,000 EVs sold in China by 2018

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Volkswagen AG plans to sell 10,000 electric vehicle in China by 2018, according to Karl-Thomas Neumann, president of Volkswagen Group China, at the EVS conference in Shenzhen. as early as 2013 and is considering a battery-powered model specifically designed for the nation in 2018, said [Neumann]. and FAW Group Corp. and FAW Group Corp.

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Opinion: Oil Market ShowdownCan Russia Outlast The Saudis?

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November 27, oil consuming countries will celebrate the first anniversary of the Saudi decision to let market forces determine prices. per barrel oil in 2015 and 2016 respectively, while the October projections are based $51.62 by Dalan McEndree for Oilprice.com. — Mad Max: Beyond Thunderdome. and $65.65 respectively.

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Ford outlines China expansion strategy; SUVs, EVs and connected vehicles; 50+ new Fords and Lincolns by 2025

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In Shanghai, Ford Motor Executive Chairman Bill Ford and CEO Jim Hackett outlined the next phase of the company’s China expansion strategy, focused on SUVs, electric and connected vehicles, a streamlined business structure and closer connections to Chinese customers. Ford plans to open 100 new outlets next year.

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Tesla jumps 35 spots up Fortune’s 500 list following blockbuster 2021 results

Teslarati

And that could really change the demand picture for oil going forward,” O’Keefe said. billion in revenue, up 70% from 2020, and expanding significantly into key European and Chinese markets. 260 in 2018 and No. Fortune summarized its thoughts on Tesla in the following section. 383 on the list. .” 144 in 2019.

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CALSTART brief highlights growth of and future opportunity for California’s clean transportation technology industry

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The report notes that while California is the third largest oil producing state in the nation, it imports more than half of the oil it consumes. On a comparative basis, California is more dependent on foreign oil than is the nation as a whole.

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