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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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IHS Markit projects for first time that 2050 global refined product demand will be lower than 2019 levels

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For the first time, the IHS Markit base case scenario for refined products expects total global demand in 2050 to be lower than 2019 levels. Under the new IHS Markit Inflections base case scenario, global refined product demand is expected to peak in 2036. MMbd), placing it below 2019 baseline levels.

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IEA: global oil demand to decline in 2020 as coronavirus weighs on markets

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Global oil demand is expected to decline in 2020 as the impact of the new coronavirus (COVID-19) spreads around the world, constricting travel and broader economic activity, according to the International Energy Agency’s (IEA’s) latest oil market forecast. The IEA now sees global oil demand at 99.9

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Mitsubishi Outlander PHEV hits 200,000 global sales

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It also has been Europe’s best-selling plug-in hybrid vehicle for continuously over the past four years (2015-2018). Developed from a fully electric vehicle, the Outlander PHEV has an architecture consisting of a front electric motor, a rear electric motor and no gearbox. liter gasoline engine.

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Global Carbon Project: Global carbon emissions growth slows, but hits record high

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Driven by rising natural gas and oil consumption, levels of CO 2 are expected to hit 37 billion metric tons this year, according to new estimates from the Global Carbon Project (GCP), an initiative led by Stanford University scientist Rob Jackson. and China account for more than half of all carbon dioxide emissions globally.

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SCS Global Services, Electrify America and Verra announce first validation of carbon-offset project for EV chargers

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SCS Global Services (SCS), Electrify America and Verra announced the first validation of a carbon-offset project under a new methodology for electric vehicle (EV) charging systems. The methodology, entitled VM0038 , Methodology for Electric Vehicle Charging Systems v1.0,

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IDTechEx calculates ~31 GWh of electric vehicle markets beyond cars in 2021

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IDTechEx’s latest master electric vehicle report “ Electric Vehicles: Land, Sea & Air 2022-2042 ” finds 35.7 million electric vehicles (EV) were sold in 2021 and predicts this will rise to more than 74 million by 2030. Source: IDTechEx - “Electric Vehicles: Land, Sea & Air 2022-2042”.

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