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

Green Car Congress

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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GlobalData: COVID-19 puts EV sales and CO2 fleet emission targets at risk

Green Car Congress

GlobalData research shows that lower oil prices as a result of the COVID-19 crisis could reduce electric vehicle demand and impair EU efforts to significantly reduce average new vehicle CO 2 emissions in the European car market. —Mike Vousden, Automotive Analyst at GlobalData. —Mike Vousden.

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Indianapolis plans to add 425 PHEVs and BEVs to municipal fleet by 2016

Green Car Congress

The City of Indianapolis will upgrade 425 non-police-pursuit sedans in its muncipal fleet to plug-in hybrid and battery electric vehicles by early 2016, cut the size of the fleet by 100 vehicles, and save $8.7 The Indy fleet would be the largest municipal fleet of electrified vehicles in the US. million over ten years.

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EIA STEO projects higher US crude production, increases in travel and gasoline demand

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For summer 2017, EIA forecasts motor gasoline consumption to average 9.5 increase in fleet-wide vehicle fuel efficiency. EIA expects that domestic refinery production, including gasoline blendstock output, will be about 20,000 b/d lower this summer than last summer. of total gasoline consumption. million b/d this summer.

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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. by Brian J.

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Volkswagen Group invested €11.5B (US$12.9B) in R&D in 2014; ongoing focus on electromobility and digitalization of vehicles

Green Car Congress

Speaking on the eve of the Geneva International Motor Show, Prof. Winterkorn also emphasized that Volkswagen remains committed to its environmental goals, and noted that the present low level of oil prices would not change that. Oil will not be as cheap as it is at the moment for ever. The Volkswagen Group invested €11.5

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Roland Berger study outlines integrated vehicle and fuels roadmap for further abating transport GHG emissions 2030+ at lowest societal cost

Green Car Congress

Optimized internal combustion engines are the major contributor to the reduction of passenger car GHG emissions with significant improvements until 2020 and the subsequent penetration of more effective alternative technologies into the fleet.