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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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EIA expects global consumption of liquid fuels to surpass 2019 levels in 2022

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As outlined in its current Short-Term Energy Outlook , the US Energy Information Administration (EIA) estimates that global consumption of petroleum and liquid fuels averaged 92.3 million barrels per day (b/d) for all of 2020, down by 8.6 EIA expects that global liquid fuels consumption will grow by 5.3 Electricity.

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Argonne releases GREET 2020

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Argonne National Laboratory’s Systems Assessment Center has released the 2020 version of the suite of GREET models and associated documentation. Vehicle technologies include conventional internal combustion engines, hybrid-electric systems, battery-electric vehicles, and fuel-cell-electric vehicles. CO 2 -derived ethanol.

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EIA projects global conventional gasoline and diesel LDV fleet will peak in 2038

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In the US Energy Information Administration’s (EIA’s) International Energy Outlook 2021 , released earlier this month, the EIA forecast that the global light-duty vehicle (LDV) fleet will grow from 1.31 billion vehicles in 2020 to 2.21 of the global LDV fleet in 2020 to 31% in 2050, reaching 672 million vehicles.

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Lexus passes cumulative global sales of 2M electrified vehicles; HEVs and BEV

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Lexus announced that the luxury brand eclipsed the milestone of 2 million global sales of electrified vehicles—hybrids and battery-electric—at the end of April 2021. In 2020, 33% of the Lexus models sold globally were of the electrified variety.

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Hyundai Motor America to release 8 new crossovers by 2020; gasoline, diesel, hydrogen and electricity

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Hyundai Motor America said it will introduce to eight new or re-engineered crossover utility vehicles (CUVs) in the United States by the year 2020. Hyundai said it will showcase its latest gasoline engine, diesel engine, hydrogen fuel cell ( earlier post ) and battery electric technologies in these vehicles.

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Fisker Ocean EV to make global public debut at CES 2020; Electrify America charging station network partner

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The Fisker Ocean all-electric luxury SUV ( earlier post ) will make its public debut at Consumer Electronics Show 2020 in Las Vegas. I have been eagerly waiting to show our revolutionary Fisker Ocean luxury SUV to the public, so we decided to debut the full prototype—reflecting the actual production vehicle—at CES 2020.

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