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Deutsche Bank Forecast sees slower transportation electrification and greater gasoline demand near-term; increased confidence in the pace and breadth of long-term shift to efficient transportation systems

Green Car Congress

” Their analysis is in the context of the “ surprising [oil] demand strength of 2010 “; 2010 saw absolute incremental demand at around 2.2mb/d of growth—the second highest in 30 years, despite oil prices in the $90/bbl region. DB has lowered its advanced lithium-ion battery cost projection by about 30% for 2012.

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Electric Cars and a Smarter Grid - Green Inc. Blog - NYTimes.com

Tony Karrer Delicious EVdriven

I would say that electricity is a vastly superior fuel for the light vehicle fleet,” said Willett Kempton , a professor and alternative energy specialist at the University of Delaware. Oil is the alternative. Are we going to burn more oil, natural gas, or (gasp) coal to produce it? Alternative is no longer an alternative.

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Nissan plans to start selling electric car in Seattle next year

Tony Karrer Delicious EVdriven

Electric cars are part of the electrification of the citys transit system -- along with trackless trolleys, streetcars and light rail -- helping lessen dependence on foreign oil and reduce pollution, Mayor Greg Nickels said. Washington, D.C. Our transportation system today is about 98 and a half percent based on burning fossil fuels."

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