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EIA: China promoting both fuel efficiency and alternative-fuel vehicles to curb growing oil use

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To counter this trend triggered by China’s rapid motorization, the Chinese government is adopting a broad range of policies, including improvements in the fuel economy of new vehicles and the promotion of alternative-fuel vehicles, EIA notes. China vehicle sales and gasoline consumption. Source: EIA.

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FedEx Express fleet exceeds 2020 fuel improvement goal of 20%; sets new goal of 30% improvement compared to 2005

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FedEx Express alternative fuel fleet deployment as of August 2012. FedEx Express has exceeded its original goal of a 20% improvement in global vehicle fleet fuel economy by 2020, as compared to 2005, with a more than 22% cumulative improvement in fuel economy for its vehicles.

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EIA AEO2015 projects elimination of net US energy imports in 2020-2030 timeframe; transportation energy consumption drops

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With continued growth in oil and natural gas production, growth in the use of renewables, and the application of demand-side efficiencies, the projections show the potential to eliminate net US energy imports in the 2020 to 2030 timeframe. Renewables meet much of the growth in electricity demand. With greater U.S. quadrillion Btu (13.8

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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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For the Transportation sector, EIA projects that energy consumption will decline between 2019 and 2037 (in the Reference case) because increases in fuel economy more than offset growth in vehicle miles traveled (VMT). million, or about 8% of projected total vehicle sales in the Reference case.

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Citi report finds meeting higher CAFE/GHG standards likely to bring higher profits for all automakers, nearly $2.5 billion in extra profits for Detroit Three

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Projected US sales by powertrain type in 2020. Source: “Fuel Economy Focus: Perspectives on 2020 Industry Implications”. The report, “Fuel Economy Focus: Perspectives on 2020 Industry Implications,” evaluates the impact that meeting the proposed fuel economy/GHG standards would have on the car industry in the year 2020.

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DOE announces $139M in funding for 55 projects to advance innovative vehicle technologies

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Announced by Secretary Brouillette in January 2020, the Energy Storage Grand Challenge is designed to create and sustain US global leadership in energy storage technology, utilization, and exports. Support mobility technologies such as connected and automated vehicles, as well as innovations in transit. Clean Fuels Ohio.

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China publishes plan to boost fuel-efficient and new energy vehicles and domestic auto industry; targeting 500K PHEVs and EVs in 2015, rising to 2M by 2020

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China’s State Council has published a plan to develop the domestic energy-saving and new energy vehicle industry, which includes battery-electric vehicles, plug-in hybrid vehicles and fuel cell vehicles. Under the plan, by 2015 average passenger car fuel consumption is targeted to drop to 6.9