Remove Battery Remove Electrical Remove Gasoline-Electric Remove Oil
article thumbnail

Large differences among the recent increases in the cost of powering gasoline, diesel, and electric vehicles

Green Car Congress

This post examines the recent changes in the costs of powering gasoline, diesel, and electric vehicles. The expectation was that the cost of electricity had recently increased much less than the costs of gasoline and diesel. The reason is that, in the United States, oil is used to generate less than 1% of electricity.

article thumbnail

Report suggests low-speed electric vehicles could affect Chinese demand for gasoline and disrupt oil prices worldwide

Green Car Congress

Low-speed electric vehicles (LSEVs) could reduce China’s demand for gasoline and, in turn, impact global oil prices, according to a new issue brief by an expert in the Center for Energy Studies at Rice University’s Baker Institute for Public Policy. “ —Gabriel Collins.

article thumbnail

Carbon emissions from generating electricity for electric vehicles vary greatly across the individual US states

Green Car Congress

by Michael Sivak, Sivak Applied Research The overall advantage of battery electric over gasoline vehicles, in terms of well-to-wheels emissions of greenhouse gases, has been well documented. However, the emissions of electric vehicles depend greatly on the energy source used to generate the electricity that powers them.

article thumbnail

Big Oil Betting On Electric Vehicles

Green Car Congress

Oil demand for transportation fuel see its “ demand will flatten out ,” after 2030, Couse said. Colin McKerracher, head of advanced transport analysis at Bloomberg New Energy Finance, sees Couse’s forecast as the highest EV sales margin yet to be forecasted by a major company in the oil sector. Maybe even decline. ”.

Oil 218
article thumbnail

BNEF: net-zero road transport by 2050 still possible, but big push needed

Green Car Congress

The road transport sector could still reach net-zero emissions by 2050 through electrification, but urgent action would be required from policymakers and industry participants, according to research company BloombergNEF’s (BNEF) latest annual Long-Term Electric Vehicle Outlook (EVO). million barrels of oil demand per day.

article thumbnail

Former president of Shell Oil calls for aggressive action on alternative fuels to break oil monopoly on transportation

Green Car Congress

John Hofmeister, former President of Shell Oil Company and founder and CEO of Citizens for Affordable Energy (CFAE), is joining the Fuel Freedom Foundation (FFF) Advisory Board. There will not be enough oil to stay on the path we’re on globally over the short- and medium-, let alone the long-term. We need a competitor for oil.

article thumbnail

UK to invest £200M in fleet of zero-emission heavy-duty trucks

Green Car Congress

The 3-year comparative programme will begin later this year to help decarbonize the UK’s freight industry with initial competitions for battery-electric and hydrogen-fuel-cell technology launching shortly. This will begin with demonstrations of battery electric and hydrogen fuel cell heavy-duty trucks.

Emissions 359