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Report suggests low-speed electric vehicles could affect Chinese demand for gasoline and disrupt oil prices worldwide

Green Car Congress

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. “ million of them—roughly 30% more units than conventional electric vehicle makers did.

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Chinese-made cars account for one in five BEV sales in February in Europe | Autocar Professional

Baua Electric

While we’re seeing a clear decline in demand for diesel models, drivers are opting for gasoline alternatives, rather than switching to electric.” Chinese-made cars drive growth In Europe, sale of cars made in China saw the highest levels of year-on-year growth in February 2024 (+45%) and in January-February 2024 (+43%).

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Kandi electric car open to US orders August 18, with $20,499 starting price

Green Car Reports

When will electric vehicles be priced as low as comparable gasoline vehicles—or even lower than them? And while most brands haven’t yet scaled up and cut battery costs to the point where they can reach that affordability point, a Chinese import called Kandi.

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Geely testing Emgrand methanol hybrid sedan in -40 C conditions

Green Car Congress

F) Arctic conditions in the frigid northern Chinese province of Heilongjiang. With methanol fuel price at Chinese pumps around 3RMB/L (€0.42/L In the face of rising global gas prices, methanol fuel offers a viable cleaner affordable alternative, Geely said. From 0-100km/s takes 8.8

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Ford introducing new midsize SUV in China; Territory will offer 48V mild hybrid and plug-in hybrid variants

Green Car Congress

Territory customers can choose between a fuel-efficient gasoline engine option; 48V mild hybrid with Miller-Cycle technology; and a plug-in hybrid powertrain when it goes on sale in early 2019. It will be affordable for young families and new buyers across China, not just the coastal mega-cities. million in 2020, up from 10.8

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

Green Car Congress

Consumption of gasoline in China grew from 0.9 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.

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Report: Mercedes Having Tough Time Selling EVs

The Truth About Cars

A Mercedes store operator said he has a more than six-month supply of EVs compared with about a 50-day supply of gasoline-powered vehicles. The executive said the EVs lack the "lust factor" of Mercedes' gasoline-powered flagship models, such as the S-Class sedan and AMG-GT coupe. An EQS is not something that most people aspire to own."

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