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Big Oil Betting On Electric Vehicles

Green Car Congress

Speaking this week at the Bloomberg New Energy Finance conference in New York, Total SA’s chief energy economist, Joel Couse, forecasted that EVs will make up 15 to 30 percent of global new vehicle sales by 2030. Oil demand for transportation fuel see its “ demand will flatten out ,” after 2030, Couse said. Maybe even decline. ”.

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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.

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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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Past, present & future of EVs: Advanced battery technology is key to success – ET Auto

Baua Electric

Electric vehicles ( EVs ) have been considered by every country to control the temperature increase by controlling GHG emission. Annoys Jedlik, a Hungarian engineer, had made the first crude electric vehicle way back in 1828. Annoys Jedlik, a Hungarian engineer, had made the first crude electric vehicle way back in 1828.

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DOE: Small SUVs halve lifetime GHG emissions as EVs vs. gas

Baua Electric

A small electric SUV with 300 miles of range produces 52% fewer life-cycle greenhouse gas emissions than a comparable gasoline vehicle, according to the U.S. That being said, other analysis has found that SUVs are still not the best choice for the environment regardless of whether they’re powered by electricity or gasoline.

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PHEVs and EVs outsold gas-powered cars in China in July

Baua Electric

Electric cars and plug-in hybrids outsold non-hybrid internal-combustion cars in China—the world’s largest new-car market—in July, reports Reuters. Sales of plug-in cars increased 37% last month from the same period a year earlier, reaching a record 50.7% The July sales growth came after 28.6% in June and 14.3%

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Old empires could be the key to a new car future – ET Auto

Baua Electric

Existing oil suppliers and gas-station operators don’t seem keen to push into the fuel-cell era, especially since there’s barely any hydrogen vehicles on the road now. Put this in a car and you have a fuel-cell electric vehicle. Since electrolysis equipment only requires water and electricity, there’s more flexibility in placement.

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