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Big Oil Betting On Electric Vehicles

Green Car Congress

Oil demand for transportation fuel see its “ demand will flatten out ,” after 2030, Couse said. Colin McKerracher, head of advanced transport analysis at Bloomberg New Energy Finance, sees Couse’s forecast as the highest EV sales margin yet to be forecasted by a major company in the oil sector. Maybe even decline. ”.

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IHS Markit: vehicle miles traveled to increase 65% in key markets by 2040, while vehicle sales slow

Green Car Congress

In a new study, IHS Markit forecasts that vehicle miles traveled (VMT) will by 2040 grow to an all-time high of around 11 billion miles per year (a 65% increase since 2017) in China, Europe, India and the United States—the key markets examined for the study—and will keep growing. IHS Markit, “Reinventing the Wheel.”

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Volkswagen reports growing demand for e-up! and Passat GTE in Germany

Green Car Congress

model series is for the fully electric version, with around 20,000 orders received over the first three months of this year. was launched in November 2019 and represents the new entry-level model to Volkswagen’s electric world. Compared with the predecessor, it offers an increased range (up to 260 km / 162 miles in the WLTP cycle).

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IHS Markit: US gasoline demand could be cut almost in half due to COVID-19

Green Car Congress

A sudden drop in miles traveled by car in the US triggered by wide-spread social isolation measures will have immediate ramifications for gasoline demand. IHS Markit analysis finds that US gasoline demand could fall by as much as 4.1 The four-week average US gasoline demand for the week ending 6 March 2020 was 9.1

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Electric Vehicles Are Only Getting Cheaper To Own

EV Match

One of the fastest ways to accelerate your transition to an eco-friendlier lifestyle is to switch to an electric vehicle (EV). The average North American drives about 10,500 miles per year. The average North American drives about 10,500 miles per year. Electric vehicles are much cheaper to operate and maintain.

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PHEVLERs are the Zero CO2 Clean Green Machines of the Future

Green Car Congress

The Plug-in Hybrid Electric Vehicle with Long Electric Range (PHEVLER - pronounced “fevler”) is a new category emerging in the electric vehicle marketplace. PHEVLERs are defined as PHEVs with sufficient battery capacity for all electric driving of twice the average daily distance. [ About the authors. Dr. Andrew A.

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Mazda continues supporting algae biofuels research

Green Car Congress

Improving productivity and reducing costs are fundamental to the widespread future availability of algae biofuels. Specifically, the project promotes the production of biofuels from oils derived from microalgae or used cooking oil and encourages the use of such biofuels in passenger cars in Hiroshima. Earlier post.).

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