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

Green Car Congress

A sudden drop in miles traveled by car in the US triggered by wide-spread social isolation measures will have immediate ramifications for gasoline demand. IHS Markit analysis finds that US gasoline demand could fall by as much as 4.1 The four-week average US gasoline demand for the week ending 6 March 2020 was 9.1 million units.

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

Green Car Congress

in 2014 as a result of industrial overcapacity and weakness in the real estate sector. However, IHS Automotive analysts still expect light vehicle sales in China to grow by 7% in 2015 to 25.2 million units, aided with increased auto finance penetration, fast dealership expansion and government vehicle scrappage programs.

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Mixed Outlook for Mainstream Consumer Adoption of PHEVs

Green Car Congress

Bubble chart of plausible mainstream PHEV buyers’ battery requirements (light and dark gray circles) and experts’s requirements overlaid on a Ragone plot of NiMH and Li-ion batteries. Source: Ken Kurani. Click to enlarge. Research shows that people value loss of dollars a lot higher than value gained, about 1.5 times as much.

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Cleantech Blog: Smart Grids and Electric Vehicles

Tony Karrer Delicious EVdriven

Annual use of an EV should be less than the average cost of $8,000 per year for using a gasoline in many countries including the USA. Project Better Place plans to deploy a massive network of battery charging spots. A free car on a four-year plan in France is another idea mentioned by Shai Agassi, CEO of Project Better Place. SZ (1) 6753.T

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