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IHS Markit: GM announcement latest sign that peak gasoline demand from light vehicles has already come and gone

Green Car Congress

IHS Markit places the global peak for oil demand (gasoline and diesel) from LVs in 2019 when the demand averaged 29.1 Demand peaking is due to the impact of rising vehicle fuel economy and emission standards, and as time goes by, from more sales of electric vehicles. of new car sales in 2020, according to IHS Markit data).

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GM, Honda to collaborate on next-generation fuel cell technologies; targeting commercial feasibility in 2020 time frame

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In New York, General Motors and Honda announced a long-term, definitive master agreement to co-develop next-generation fuel cell system and hydrogen storage technologies, aiming for the 2020 time frame. GM and Honda are both leaders in fuel cell technology, with longstanding fuel cell research and development programs. Earlier post.)

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Why do EVs cost more to insure than hybrids in 2024?

Baua Electric

As more data rolls in from the insurance industry, an unfortunate trend has persisted for electric vehicles: They cost more to insure. 2022 Rivian R1T IIHS crash testing As Consumer Reports found last year, EV insurance costs hundreds of dollars more annually versus comparable gasoline models—hybrids included. to 265 million.

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R?sselsheim Engineering Center developing next four-cylinder gasoline engine generation for Groupe PSA; optimized for hybrids

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The Rüsselsheim Engineering Center will take on the global responsibility for the development of the next-generation of high-efficiency gasoline engines for all Groupe PSA brands (Peugeot, Citroën, DS Automobiles, Opel and Vauxhall). Rüsselsheim already had global responsibility for engine development when we were still part of GM.

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Bloomberg New Energy Finance forecasts plug-in electric vehicles could account for up to 9% of US auto sales in 2020 and 22% in 2030

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Plug-in electric vehicles, including plug-in hybrids and battery electric vehicles, have the potential to make up 9% of US auto sales in 2020 and 22% in 2030 (1.6 However, achieving such growth level will be dependent on two key factors: aggressive reductions in battery costs and rising gasoline prices.

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Shanghai General Motors introduces Sail SPRINGO EV at Auto Guangzhou 2012; green technology strategy to 2020

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The vehicle was developed by Shanghai GM and the Pan Asia Technical Automotive Center (PATAC), making it the first production electric vehicle created by a Chinese joint venture. In addition, the car will qualify for a free local Shanghai license plate exclusively for electric vehicles. The top speed is 130 km/h (81 mph).

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IHS forecasts global EV charger market to grow to more than 12.7M units in 2020

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million units in 2020, according to a new EV Charging Infrastructure report by IHS Inc. Japan is a key growth region for the EV charging stations and recently passed a key milestone by having more EV charging stations than gasoline stations, said said Ben Scott, senior analyst at IHS Automotive. —Ben Scott. Fast charging.

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