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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.

Gasoline 269
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Driving Towards a Sustainable Future: The Rise of Electric Autos in India

Baua Electric

With the global push towards sustainability, the rise of electric autos in India comes as no surprise. The Indian government has introduced various incentives and initiatives, such as subsidies and tax benefits, to promote the adoption of electric autos.

India 98
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Responsible Battery Coalition and U Michigan launch study to compare electric and gas vehicle lifetime costs

Green Car Congress

The Responsible Battery Coalition, in partnership with the University of Michigan Center for Sustainable Systems, launched a comprehensive research project to compare the total cost of ownership of gas and electric vehicles (EVs). Projections of future gasoline and electricity prices. Anticipated driving patterns.

Michigan 199
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Biomass fuels: challenges and opportunities – ET Auto

Baua Electric

By cycling carbon through energy generation systems as biomass, it offers a means to address climate change. While solar and wind provide carbon-free electricity or H 2 through water splitting, they lack the ability to directly produce carbon-based fuels and chemicals without additional carbon sources.

Fuel 52
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Biden attends the Detroit auto show to further promote EVs

Setec Powerr

President Joe Biden (Joe Biden) attended the Detroit Auto Show on Sept. 14, thus making more people aware of the accelerating transition to electric vehicles by automakers and the billions of dollars companies are investing in building battery plants. transition from internal combustion engine vehicles to electric vehicles.

Detroit 97
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UK auto industry warns anti-diesel agenda and slow uptake of EVs could mean missing 2021 CO2 targets; rising CO2 average in 2017

Green Car Congress

The UK automotive industry warned that the current anti-diesel agenda combined with the ongoing slow take-up of electric vehicles could mean industry misses its next round of CO 2 targets in 2021, with negative consequences for the UK’s own climate change goals. However, this increase was not enough to offset a -17.1% of the UK’s 2.5

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Moody’s Japan says push for electrified vehicles poses credit challenges for key Japanese sectors

Green Car Congress

says that the push toward alternative-fuel vehicles—battery electric vehicles, hybrids, plug-in hybrids and fuel-cell vehicles—poses a credit challenge for multiple sectors in Japan, with the large auto sector and sectors such as steel and refining most affected. Moody’s Japan K.K.

Japan 170