Remove Auto Remove Cost Of Remove Oil Remove Oil Prices
article thumbnail

Soon an Electric Vehicle Will Cost Less Than An IC Engine Vehicle !!!

Get Electric Vehicle

Auto giants were reluctant to shift their focus from gasoline cars to electric cars. Along with the advancements in battery technology and more cost-effective production methods the development of lithium reserves around the world will also result in the reduction of battery cost. Rays of Hope. Government Regulations.

article thumbnail

Perspective: US Needs to Transition to Hydrous Ethanol as the Primary Renewable Transportation Fuel

Green Car Congress

The oil price shocks of the 1970s led the Brazilian government to address the strain high prices were placing on its fragile economy. Brazil, the largest and most populous country in South America, was importing 80% of its oil and 40% of its foreign exchange was used to pay for that imported oil.

article thumbnail

Perspective: Toyota Prius Recall Is Only a Bump in the Road in the Move Toward Electrification

Green Car Congress

Oil price and supply dependencies will continue the search for alternative fuel sources, and battery powered vehicles can have a significant impact on that equation. Finally, the cost of the hybrid/electric vehicles will come down significantly during the next 10 years, primarily by reducing the lithium-ion battery cost.

Prius 186
article thumbnail

CAR releases study on use of bio-based materials in automotive sector; potential for the Great Lakes Region

Green Car Congress

Encouraging bio-manufacturing and its associated value chain development, and building upon its current expertise in producing conventional parts for automakers, may position the Great Lakes region at a global competitive advantage as oil prices climb, and the demand for more bio-based parts increases. Bio-based materials background.

Polymer 218
article thumbnail

NETL Report Concludes CTL Plus Carbon Capture Results in Fuel with 5-12% Less Lifecycle GHG Than Petroleum Diesel; Modest Biomass Additions Lower GHG Further

Green Car Congress

Background colors of the cells represent the crude oil price required for economic feasibility. These synthetic fuels are economically competitive with petro-diesel when the crude oil price (COP) is at or above $86 per barrel (based on a 20% rate of return, in January 2008 dollars, with a carbon price of zero).

Carbon 186
article thumbnail

US DOE progress report says 1M plug-ins by 2015 ambitious but achievable; not likely to be constrained by production capacity

Green Car Congress

Auto manufacturers such as Chrysler, BYD, Coda, Honda, Mitsubishi, Hyundai, Toyota, Volkswagen and Volvo are not included in this table, but have announced or are expected to introduce EVs in this time period, DOE said. —One Million Electric Vehicles by 2015. One Million Electric Vehicles by 2015.

2015 210
article thumbnail

Heard At The Show: Snippets from SAE 2009 World Congress

Green Car Congress

Crane also mentioned that one-quarter to one-third of the cost of a battery system is the packaging, integration and electronics. How did the high fuel prices impact customer behavior in 2008? While the numbers will vary depending upon the lithium-ion sub-chemistry, here’s what they have found: Category Contribution to Aging.

Congress 150