Green Car Congress
MAY 22, 2019
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. “ million of them—roughly 30% more units than conventional electric vehicle makers did.
Green Car Congress
JUNE 18, 2022
The IEA June 2022 Oil Market Report (OMR) forecasts world oil demand to reach 101.6 mb/d in 2023, according to the forecast. While diesel cracks eased month-on-month in May, both jet fuel and gasoline cracks surged as demand picked up seasonally. mb/d this year, world oil demand is forecast to expand by 2.2 mb/d to 101.6
Green Car Congress
MARCH 17, 2015
Frost & Sullivan forecasts that with the Chinese Government’s push and pull strategy of new energy vehicle development, gasoline powertrains’ unit production market share is expected to slightly reduce to 94.9%, while the electric vehicle (EV) powertrain segment’s share will expand to 4.2% by 2020, up from 0.1%
Green Car Congress
JANUARY 1, 2011
Key developments in the transportation sector that they note include: Positive for gasoline demand: Strong Chinese car growth in 2010, particularly in the first half of the year, with vehicle sales up 30% year-on-year (YoY) through the first eleven months of 2010. In DB’s Fall 2009 note, they had forecast 12% growth.
Green Car Congress
FEBRUARY 18, 2018
Years of government support for corn farmers—paying Chinese corn producers more than twice the international price level until 2016—have left China with a substantial stockpile. To help make use of the excess stock, China in September 2017 announced a plan for nationwide use of E10 gasoline by 2020, up from 11 trial provinces.
Green Car Congress
APRIL 25, 2018
The Chinese government plans to have new-energy vehicles account for more than 20% of the country’s annual car sales by 2025—equating to more than seven million vehicles, based on Chinese government forecasts. Last year we made a commitment to electrification in preparation for an era beyond the internal combustion engine.
Green Car Congress
SEPTEMBER 11, 2019
Bosch is aiming to achieve a leading position in the market with its 48-volt battery, and recently concluded a long-term cooperation agreement with the Chinese company Contemporary Amperex Technology Co. For this reason, Bosch is working to improve the efficiency of both gasoline and diesel engines. Earlier post.).
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