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J.D. Power forecasts hybrid- and battery-electric vehicles will represent 7.3% of global auto sales in 2020

Green Car Congress

Interest in HEVs and BEVs is driven by a dramatic reduction in or elimination of tailpipe emissions, and the increased fuel economy of these vehicle types helps reduce the world’s dependence on oil. Therefore, it is not clear whether there would be a substantial reduction in emissions by switching to these new powertrain technologies.

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Perspective: US Needs to Transition to Hydrous Ethanol as the Primary Renewable Transportation Fuel

Green Car Congress

The oil price shocks of the 1970s led the Brazilian government to address the strain high prices were placing on its fragile economy. Brazil, the largest and most populous country in South America, was importing 80% of its oil and 40% of its foreign exchange was used to pay for that imported oil.