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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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Vinfast electric truck, Hertz selling EVs for gasoline, by-wire firsts: Today’s Car News

Baua Electric

The rental-car giant Hertz has announced that it’s selling a third of its EV fleet —about 20,000 EVs, including some Teslas—to buy gasoline cars. And Vietnam’s Vinfast revealed an electric pickup concept, a $20,000 mini electric SUV, and a retro-styled e-bike, all at this week’s CES in Las Vegas.

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Nikkei: India passes Japan to become world’s No. 3 auto market in 2022

Green Car Congress

India’s sales of new vehicles totaled at least 4.25 Adding December’s sales volume reported Sunday by Maruti Suzuki, India’s largest carmaker, brings the total to roughly 4.25 In 2021, China continued to lead the global auto market, with 26.27 Electric vehicles hardly have a presence. million units. million units.

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China auto sales sluggish on consumer sentiment, improvement expected in Q2, says Deutsche Bank

CN EV Post

(Image credit: CnEVPost) Low consumer sentiment in the wake of the Covid wave has led to weak auto sales in China, though the situation is expected to see relief in the second quarter, and the launch of new models and lower lithium carbonate prices are also encouraging, according to Deutsche Bank. million to 1.75

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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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Renault partners with R-FIT to launch electric retrofit kits in France

Green Car Congress

Renault is launching electric retrofit kits in France in partnership with R-FIT. The Renault 5 electric retrofit kit will go on sale in France in September 2023 while the kit for the Twingo will be made available at a later date. These kits can be installed on the popular Renault 4, Renault 5 and first generation Twingo.

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Sales of Nissan e-POWER electrified vehicles in Japan surpasses 500,000-unit cumulative milestone

Green Car Congress

Nissan announced that cumulative sales of vehicles with its e-POWER electrified powertrain ( earlier post ) surpassed 500,000 units at the end of March. The e-POWER system uses a highly efficient gasoline engine to generate electricity for the electric motor that propels the vehicle. e-POWER power train (for New Note).

Japan 243