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IHS Markit: US gasoline demand could be cut almost in half due to COVID-19

Green Car Congress

Further, according to the latest IHS Markit forecasts, the global auto industry will exerience an unprecedented and almost instant stalling of demand in 2020, with global auto sales forecast to plummet more than 12% from 2019 to 78.8 Europe autos demand for 2020 is set at 15.6 million units. million units, down by 13.6%

Gasoline 269
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IHS Automotive forecasts 88.6M unit global light vehicle market in 2015; 2.4% growth

Green Car Congress

million units—a 10% drop from 2013; with politics impairing Argentina and Venezuela, and the economic climate weighing down markets like Brazil, Chile and Peru, where it may take a few years for demand to recover to previous highs. The year preliminarily closed with 5.34 Europe; Russia influences.

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Mixed Outlook for Mainstream Consumer Adoption of PHEVs

Green Car Congress

The Most Plausible Early Market consumers value fuel economy. That could yield more than 50 mpg of fuel economy—or usage of less than 300 gallons per year—and still be a lot cheaper than a plug-in hybrid or a fuel cell vehicle, he noted. Start talking about more than just climate change. times as much.

PHEV 150
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Expert panel report finds achieving 1M plug-in vehicles in US by 2015 would require concentrated action to overcome barriers

Green Car Congress

A new study sponsored by Indiana University concludes that President Obama’s vision of one million plug-in electric vehicles (PEVs) on US roads by 2015 will require concentrated efforts action from all stakeholders— the auto industry, federal government, the scientific community, and consumers—to be realized.

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Demand for oil ‘passed its peak’

Green Cars News

Industry analysts reckon oil demand in developed countries likely reached its all-time peak in 2005. But the stronger governmental and consumer push for passenger vehicle fuel economy gains driven by energy security concerns and climate change initiatives have also led to reduced demand for oil in the OECD.

Oil 36
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Cleantech Blog: Smart Grids and Electric Vehicles

Tony Karrer Delicious EVdriven

Cleantech Blog Cleantechblog.com, the premier cleantech site for commentary on news and technology relating to clean tech, greentech, energy, climate change and carbon, and the environment. Ontological Shock An Open Letter to Fred Krupp Report from GridEcon Conference SGS Climate Change Head on the First Carbon Credit. SZ (1) 6753.T

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Buffett's Chinese electric car company

Tony Karrer Delicious EVdriven

Sign Up Login All Posts | About & Contact Us | Get a TEC Badge | Getting Started with The Energy Collective Cutting-edge insight on energy and climate that you wont find anywhere but here. And if you doubt that they will learn, check out my cover story about BYD in the new issue of FORTUNE, headed to subscribers and newsstands this week.

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