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Norweign Drivers switch to Electric Cars

EV Report

There has been a growing increase of electric vehicles in terms of speed, aesthetics, range, style etc. But recently due to outbreak of COVID-19, sales of electric vehicles have been affected with the consumer markets being shaken and oil prices being plunged to high. In Norway, most cars are imported.

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Pike forecasts Asia-Pacific to be largest PEV market, with more than 1.2M units by 2015; China to represent 53% of total sales

Green Car Congress

Two key drivers of EV adoption include climate concerns and oil prices. However, adds Bae, significant barriers to PEV uptake still exist in the form of consumer concerns about effective driving ranges as well as a near-term shortage of charging stations. By 2015, Bae expects that a total of 2.6

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IRENA report finds renewable power costs at parity or below fossil fuels in many parts of world

Green Car Congress

The report, “ Renewable Power Generation Costs in 2014 ”, concludes that biomass, hydropower, geothermal and onshore wind are all competitive with or cheaper than coal, oil and gas-fired power stations, even without financial support and despite falling oil prices. The average cost of wind energy ranges from US$0.06/kWh

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UC Berkeley Study Concludes Battery Switching Model Would Accelerate Mass-Market Adoption of Electric Cars; Baseline Scenario Projects EVs Reaching 64% of New LDV Sales in 2030

Green Car Congress

In two other scenarios considered, a high oil price scenario (using EIA projections) and a battery swap operator-subsidzied scenario, EV new vehicle sales penetration reaches 85% and 86% respectively by 2030. The high rate of adoption is driven by the low purchase price and operating costs of electric cars with switchable batteries.

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Stanford, UC Santa Cruz study explores ramifications of demand-driven peak to conventional oil

Green Car Congress

The underlying assumption is that the world will immediately use whatever oil can be pumped from the ground, and that supply is independent of demand—that is, oil exploration investments bear no relation to the current oil price or expectations of future demand. 2010, to above 140 $/bbl in constant 2010 dollars).

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DNV GL paper suggests near-term success for LNG in shipping; alternative fuel mix to diversify over time

Green Car Congress

Barriers include the increased demand for fuel tanks, leading to a decrease in payload capacity and the relatively high capital cost of the system installation. LNG engines currently being produced cover a broad range of power outputs. Engine concepts include gas-only engines; dual fuel 4-stroke; and 2-stoke.

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Expert panel report finds achieving 1M plug-in vehicles in US by 2015 would require concentrated action to overcome barriers

Green Car Congress

So now finally we have the technology to deliver everything to customers and with things like plugins you don’t have the range anxiety so that does kind of relieve most of the tradeoffs, certainly. “ We do need a national energy policy. Automakers could ramp up PEV production if consumer demand proves to be larger than expected.

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