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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. ”.

Oil 218
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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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Biomass fuels: challenges and opportunities – ET Auto

Baua Electric

Lignocellulosic biomass, a renewable and abundant resource, holds great promise for sustainable production of valuable chemicals and fuels, currently derived mainly from oil. Ethanol, a renewable fuel (CH 3 CH 2 OH), is commonly blended with gasoline to boost octane levels and reduce carbon monoxide and other emissions contributing to smog.

Fuel 52
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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. million vehicles in total. Tesla Inc.’s or Ford Motor Co.

Future 52
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Toyota introducing Corolla Hybrid to US at LA Auto Show; at least 50 mpg

Green Car Congress

Toyota is introducing the Corolla Hybrid to the US market at the LA Auto Show. liter four-cylinder gasoline engine with two motor/generators through an electronically controlled planetary-type continuously variable transmission (CVT) transaxle. Earlier post.). l/100 km) combined fuel economy (projected). Driving the Corolla Hybrid.

MPG 306
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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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EPA proposes stringent new emissions standards for light-, medium-, heavy-duty vehicles for MY 2027 and beyond

Green Car Congress

The US Environmental Protection Agency (EPA) announced two new proposed federal emissions standards spanning light-, medium- and heavy-duty vehicles for model year 2027 and beyond. Together, the proposals would reduce oil imports by approximately 20 billion barrels.

EPA 210