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

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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.

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Honda outlines electrified vehicle strategy for China; unveils new EV models

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Honda last week held a virtual press conference on its electrification strategy in China. During the conference, the company announced its new environmental and safety initiatives and also held the world premiere of two planned production models and three concept models of Honda-brand electric vehicles. e:N series.

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EIA expects record global petroleum consumption in 2024, with lower crude oil prices

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The US Energy Information Administration (EIA) expects global consumption of liquid fuels such as gasoline, diesel, and jet fuel, to set new record highs in 2024. Our forecast for global consumption of petroleum depends on uncertain economic conditions—especially in China. —EIA Administrator Joe DeCarolis.

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Nissan introduces e-POWER Sylphy in China; first of six e-POWER models in China by 2025

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Nissan unveiled the e-POWER Sylphy, the first model equipped with the e-POWER series hybrid technology ( earlier post ) for customers in China. e-POWER is designed to bring a whole new driving experience to customers in China in their pursuit for high-quality mobility in the era of electrification.

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ICCT LCA study finds only battery and hydrogen fuel-cell EVs have potential to be very low-GHG passenger vehicle pathways

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The ICCT has conducted a comprehensive global and temporal life-cycle assessment of GHG emissions from a variety of alternative passenger car powertrains and fuels. This study considers the fuel and electricity consumption in average real-world usage instead of solely relying on official test values.

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IEA: global oil demand to decline in 2020 as coronavirus weighs on markets

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Global oil demand is expected to decline in 2020 as the impact of the new coronavirus (COVID-19) spreads around the world, constricting travel and broader economic activity, according to the International Energy Agency’s (IEA’s) latest oil market forecast. The IEA now sees global oil demand at 99.9

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Shell to construct and operate battery swapping stations with Nio in China and Europe

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China-based EV maker NIO has entered into a strategic partnership with Shell to further its involvement in electric vehicle and energy industries globally. This includes a plan to install 100 battery swapping stations in China by 2025 and construct and operate pilot stations in Europe from 2022.

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