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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.

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Cummins to begin electrified powertrain delivery in 2019; alternative fuels and power, digitalization

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executives outlined plans to provide a range of power technologies spanning diesel and natural gas engines to fully electric and hybrid powertrains. Cummins will begin electrified powertrain delivery in 2019, including full battery-electric and plug-in hybrid systems. During a teleconference yesterday, Cummins Inc.

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Harris AutoTECHCAST Study Finds US Vehicle Owners Currently Would Choose Lower-cost, Higher Fuel Economy Gasoline-Engined Vehicles Over Higher-Priced Alt Fuel Engines or Electric Vehicles

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According to Harris Interactive’s 2010 AutoTECHCAST study, conducted between 6-26 April 2010, there is currently greater demand among US vehicle owners for technologies that deliver improved fuel economy of existing gasoline-driven engines at a lower initial cost, rather than for higher-priced alternative-fueled engines.

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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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EIA’s Annual Energy Outlook 2019 projects continued robust growth in US energy production, emergence of the United States as an energy exporter, and a cleaner S electric power generation mix. This growth arises from increases in air transportation outpacing increases in aircraft fuel efficiency.

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AT&T to Deploy More Than 15,000 Alternative-Fuel Vehicles in Fleet Over Next 10 Years

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AT&T plans to invest up to $565 million as part of a long-term strategy to deploy more than 15,000 alternative-fuel vehicles over the next 10 years. The new deployments will bring AT&T’s alternative-fuel fleet to more than 15,000 vehicles by 2019. Randall Stephenson, chairman and CEO of AT&T.

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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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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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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. 2012 Chinese Auto Industry Development Report. —Energy-saving and new energy vehicle plan.