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Study finds global oil demand likely to grow despite pandemic, climate policies

Green Car Congress

The COVID-19 pandemic has significantly affected both consumer and commercial transportation, but global oil demand will probably continue to grow through 2030, according to a new study. Source: “Will Covid Drive An Early Peak In Transportation Activity And Oil Demand?”. Lines represent global oil demand by study scenario.

Oil 259
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BMW, Bosch, Volkswagen founding members of Quantum Technology and Application Consortium (QUTAC)

Green Car Congress

In the Stimulus and Future Package, the German Government has given a big boost to the development of Quantum Computers. There are many highly interesting areas, e.g., in logistics, transport, chemicals and the financial sector. QUTAC’s vision is to drive such a quantum computing ecosystem.

BMW 221
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Bright Automotive Applies for $35M in Stimulus Package Grants to Accelerate Production of PHEV

Green Car Congress

The IDEA is a multi-purpose, plug-in hybrid electric vehicle in the light truck classification aimed at commercial and government fleets.

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First fleet of 100 Mercedes-Benz Vito E-Cell electric vans covers 650,000 km in customer use; more model variants planned

Green Car Congress

The areas of application are diverse: courier, express and package service providers (KEP, in German: Kurier-, Express- und Paketdienstleister); plant transportation in large corporations; service vehicles for plant maintenance, customer service, and assembly and internal transport within companies.

Mercedes 231
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Germany Launches H2 Mobility Initiative to Expand Infrastructure for Refueling Hydrogen Vehicles

Green Car Congress

Daimler AG and leading energy companies signed a Memorandum of Understanding (MoU) in Berlin, with the participation of the German Minister of Transport, Wolfgang Tiefensee, to evaluate and expand the setup of a hydrogen infrastructure in Germany to support the series production of fuel cell electric vehicles. Earlier post.). Earlier post.).

Germany 268
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A New Wildfire Watchdog

Cars That Think

government, and PurpleAir , created via crowd-sourcing of commercial sensors. And then, with transmission complete and the triggering stimulus gone, the system would shut down and return to a sleep or fully powered-off state. Once the stimulus is removed, the metal finger reverts to its original shape and the switch opens.

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Report from the REFF-Wall Street; Themes in Renewable Energy Finance

Green Car Congress

Other than the good news on oil consumption, very little was said in regards to transportation fuels. As another panelist pointed out, “ The New York Times is well-equipped to write the article about how Stimulus Funds have been wasted ”. M barrels/day of oil within the next 10 years ”. Billion vs. $28.3 Billion in 2008).

Financing 150