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

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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. Source: EIA. Click to enlarge.

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Lux Research provides snapshot of oil majors’ investments in alternative fuels; BP leads investment frequency

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Lux Research has investigated the trends of corporate financing of alternative fuels from oil majors, based on a non-exhaustive database of more than 1,000 deals and partnership engagements from 2000 through September, 2014. Shell shifted its shares in Codexis to Raizen, its ethanol JV with Cosan.

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Virginia Governor signs legislation and executive order beginning transition of state vehicles to natural gas, electricity or other alternative fuels

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Virginia Governor Bob McDonnell has signed two pieces of legislation that promote the use of natural gas, electric or other alternative-fueled vehicles in the Commonwealth. He also signed a new executive order setting out the state alternative fuel plan required by House Bill 2282. —Governor McDonnell. Legislation.

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Argonne study finds BEVs can have lowest scheduled maintenance costs, but highest cost of driving

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The study considers five different powertrains (internal combustion engine, hybrid-electric, plug-in hybrid-electric, fuel-cell-electric, and battery-electric) and 12 cost components (purchase cost, depreciation, financing, fuel, insurance, maintenance, repair, taxes, registration fees, tolls and parking, payload capacity and labor).

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MIT study finds fuel economy standards are 6-14 times less cost effective than fuel tax for reducing gasoline use

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In a study published in the journal Energy Economics , MIT researchers have found that a fuel economy standard is at least six to fourteen times less cost effective than a fuel tax when targeting an identical reduction in cumulative gasoline use (20% by 2050). —Karplus et al.

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Westport Acquires OMVL of Italy and 100% of Juniper Engines for 19M; Launching a Light-Duty Automotive Strategy for Alternative Fuel Engines

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liter alternative fuel engines. Strategic investments in new markets and OEM-class products and capabilities will allow Juniper to compete for leadership in the light-duty alternative fuels market, Westport says. manufactures and sells LNG fuel tanks for vehicles. In 2009, Juniper Engines introduced its new 2.0-liter

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Indianapolis plans to add 425 PHEVs and BEVs to municipal fleet by 2016

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Additionally, to unlock maximum savings for the City, Vision Fleet will utilize its comprehensive suite of technology, data analytics, and operational support designed specifically for reducing the cost of ownership of alternatively fueled vehicles.