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The Next Oil Price Spike May Cripple The Industry

Green Car Congress

Two diametrically opposed views dominate the current debate about where the oil price is heading. Excluding subsidies the difference is said to be about $16,000 in the US, $18,500 in Germany and $13,200 in France, despite Tesla and GM reportedly selling their main EV models at a loss. Since (non-U.S. Since (non-U.S.

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Opinion: How Much Longer Can OPEC Hold Out?

Green Car Congress

OPEC (Organization of the Petroleum Exporting Countries) has been the most talked about international organization among investors, analysts and international political lobbies in the last few months. Containing some of the largest proven oil and gas reserves in the world, Venezuela is one of the founding members of OPEC.

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Amyris renewable jet fuel receives regulatory approval in Brazil for blends up to 10%

Green Car Congress

Building on the revised ASTM International standard for aviation turbine fuel approved in June, Brazil’s ANP last week removed the last regulatory hurdle for the use of our renewable jet fuel in Brazil. Amyris and its partners are contributing to reductions in greenhouse gas emissions with our renewable fuel.

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Roland Berger E-Mobility Index finds government subsidies for and projected sales of xEVs declining worldwide

Green Car Congress

The index compares the development of e-mobility in seven leading car-manufacturing nations (Germany, France, Italy, US, Japan, China and South Korea) on the basis of three parameters: technology, manufacturing, and market. Extracting oil by fracking could stabilize the oil price over the next few years.

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BNEF forecasts EVs to hit 54% of new car sales by 2040; decreasing importance of PHEVs

Green Car Congress

The forecast, put together by the advanced transport team at BNEF, relies on likely future reductions in price for lithium-ion batteries and of prospects for the other cost components in EVs and internal combustion engine vehicles. It also factors in the rising EV commitments from automakers and the number of new EV models planned.

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Are biofuels the answer for green cars? The Green Piece

Green Cars News

It predicts 35 per cent growth in the US; 30 per cent growth in Brazil; and substantial increases in areas including the Asia-Pacific region, France, Germany and Argentina. They offer the prospect of increased market competition and oil price moderation and can help reduce the dependency on fossil fuels.

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Li-ion Reserve in the World: How it Revolutionised the EV Industry

Get Electric Vehicle

The developments and innovations that happened in the Internal combusting engine and the newly found oil reservoirs along with other few reasons made the gasoline cars favourite among the growing middle-class families in the U.S Newly found reservoirs of petroleum and crude oil decreased the oil price.

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