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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. “ —Gabriel Collins.

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Since 2018, Bosch has won electromobility orders amounting to ~€13 billion

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Since the beginning of 2018, Bosch has won electromobility orders worth roughly €13 billion (US$14.4 billion), including production projects for electrical powertrains for passenger cars and light trucks. For this reason, Bosch is working to improve the efficiency of both gasoline and diesel engines. Earlier post.).

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Global refinery catalyst market forecast to grow 34% to $4.3B by 2018

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2018, up from $3.2 FCC) catalysts will achieve advances, particularly in Asia as the growing motor vehicle fleet stimulates new gasoline and diesel fuel demand, according to the report. Hydrogen is useful for fuel cells, meaning that refineries could become environments for generating electricity. billion in.

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EIA STEO projects higher US crude production, increases in travel and gasoline demand

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million b/d in 2018. That level is higher than originally forecast, exceeding the previous record level of 9.6 For summer 2017, EIA forecasts motor gasoline consumption to average 9.5 For summer 2017, EIA forecasts motor gasoline consumption to average 9.5 Highway travel is forecast to be 1.4%

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MEEF funds 100 Tesla Model 3s for vehicle-as-a-service provider Breathe

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Forecasts predict that the Breathe fleet will save 338 tonnes of CO 2 being released into the atmosphere per annum and will also achieve an annual average reduction in CO 2 emissions equivalent to £5,137 in cost per tonne of CO 2. MEEF was established by the Greater London Authority (GLA) in 2018 and is managed by Amber Infrastructure.

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BNEF: E-buses to surge even faster than EVs; supply of cobalt potential risk to the pace of growth

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The electrification of road transport will move into top gear in the second half of the 2020s, due to tumbling battery costs and larger-scale manufacturing, with sales of electric cars surging to 28%, and those of electric buses to 84%, of their respective global markets by 2030. Source: Bloomberg New Energy Finance. and 17% in Japan.

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EIA projects decline in transportation sector energy consumption through 2037 despite increase in VMT, followed by increase

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EIA’s Annual Energy Outlook 2019 projects continued robust growth in US energy production, emergence of the United States as an energy exporter, and a cleaner S electric power generation mix. trillion miles in 2018 to 3.5 This growth arises from increases in air transportation outpacing increases in aircraft fuel efficiency.