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Lux Research: despite cheap oil, niche plug-in vehicle sales will be resilient; conventional hybrids to be hardest hit

Green Car Congress

The current plunge in oil prices will likely negatively affect plug-in and hybrid vehicle sales in the short term; automakers such as BMW are already warning of lower sales of plug-in vehicles given the market context. Anticipated price of oil and forecast plug-in sales. Lux on the price of oil.

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Adamas: China rare earth consumption for catalytic converters down on weak passenger vehicle production

Green Car Congress

Vehicle exhaust gas catalysts comprising platinum-group metals are used in three-way catalytic converters of gasoline-powered vehicles to convert harmful pollutants in the vehicle’s exhaust stream into less harmful varieties.

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Cheap Oil Will Last A Decade, Says Huge Oil Trader

Green Car Reports

The low oil prices that boosted new-car sales and caused average fuel-economy gains to sputter last year may be here to stay, for a while at least. And those oil prices likely won't increase dramatically for the next.

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NADA forecasts light-duty vehicle sales of 16.94M in US in 2015; 56% trucks and SUVs

Green Car Congress

Low gasoline prices and pent-up consumer demand will combine to drive new car and light truck sales to an estimated 16.94 NADA’s original sales forecast of 16.4 We expect to see significant growth in sales of light trucks, particularly in the large-size CUV and SUV segments. Lower gasoline prices accelerate that shift.

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Perspective: Drive Star Conversion Program Could Cut US Oil Use in Half by 2020

Green Car Congress

In a pre-response to that speech, having successfully advocated for plug-in hybrids like the forthcoming Chevy Volt, we propose that the President follow that speech up with a “realistic and conservative” roadmap to halve our oil use in 10 years. Oil is holding us all hostage, economically and physically. Finally, it’s time to begin.

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Opinion: Why Buffett Bet A Billion On Solar: Miles Per Acre Per Year

Green Car Congress

During the late innings of the ICE-age (as in the Internal Combustion Engine age) it has become clear that feeding gasoline and diesel to the next billion new cars is not going to be easy, or cheap. That may sound far-fetched, but considering annual sales have already made it to 25 million units per year (vs. Click to enlarge.

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Governor George Pataki Calls for 40% Penetration of Electric Drive Vehicles in US by End of Decade

Green Car Congress

Incentivize auto manufacturers, for example, by exempting the profits resulting from the sale of the first 10 million vehicles that deliver more than 75 mpg from any corporate taxes. Gasoline is too cheap. The consumer is ready to go, but they have to have the product and the ability to use the product. —Governor Pataki.