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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 is now in a full-scale coronavirus crisis with demand conditions worsening by the day.

Gasoline 269
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Global EV sales are ‘robust’ – more than 1 in 5 cars sold in 2024 will be electric

Baua Electric

Rising EV sales are set to remake the global auto industry and significantly reduce oil consumption for road transport, according to the new edition of the IEA’s annual Global EV Outlook , released today. This shift will have major ramifications for both the auto industry and the energy sector. Get started here. –ad*

Global 52
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T&E concludes that diesel cars emit more CO2 on a full lifecycle basis than gasoline cars

Green Car Congress

The composition of the biodiesel itself uses the average shares of rapeseed oil (48%), palm oil (27%), waste oils (15%), soya oil (5%), tallow & grease (4%), etc. In Europe, the car market is skewed in favor of diesels through regulation and tax policies. —T&E study. Accounting for production emissions.

Gasoline 220
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Rice flash Joule heating process recycles plastic from end-of-life F-150 trucks into high-value graphene for new vehicles

Green Car Congress

Segregating mixed end-of-life plastic by type for recycling has been a long-term problem for the auto industry, Tour said, and it’s becoming more critical because of potential environmental regulations around end-of-life vehicles.

F-150 243
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Aleris to invest $350M to upgrade Kentucky aluminum rolling mill for anticipated growth in automotive demand

Green Car Congress

The investment positions Aleris to meet anticipated significant growth in North American automotive demand as the industry pursues broader aluminum use for the production of lighter, more fuel-efficient vehicles. When fully operational, the new facility will allow for the production of 480 million pounds of aluminum auto body sheet annually.

Kentucky 257
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BNEF forecasts EVs to hit 54% of new car sales by 2040; decreasing importance of PHEVs

Green Car Congress

We see a momentous inflection point for the global auto industry in the second half of the 2020s. At that point, they will account for nearly 5% of light-duty vehicle sales in Europe, up from a little over 1% now, and for around 4% in both the US and China.

PHEV 170
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Japan automakers going slow with biodiesel; JAMA maintains stance on B5 as maximum for now

Green Car Congress

PME= palm oil methyl ester, RME = rapeseed methyl ester, SME = soy methyl ester, WME = waste cooking oil methyl ester, FTD = Fischer-Tropsch diesel, HBD = hydrogenated biodiesel. JAMA bases its postion on the results of study from the Japan Auto-Oil Program subsidized by Japan’s Ministry of Economy, Trade and Industry (METI).

Japan 199