EV Sales To Triple By 2020
Electric vehicle sales are finally starting to take off in larger numbers, surpassing 1 million in 2017 after growing 56 percent from a year before. By 2020, sales are expected Continue Reading
Electric vehicles to displace 2.5 million b/d of oil demand by 2030: IEA
Electric vehicles will displace 2.5 million b/d of oil demand by 2030 on the back of increasing sales of EVs in all major car markets amid support from government policy Continue Reading
Norway’s EV Adoption Starts To Affect Oil Demand | OilPrice.com
Sales of most fuels in Norway declined last year for the first time in almost a decade, after seven years with three-digit annual increases in EV sales. As of March, electric vehicles Continue Reading
Electric vehicles seen driving cobalt crunch by mid-2020s
The increasing popularity of electric vehicles may create a crunch for supplies of cobalt in the early-to-mid 2020s, miners and analysts say, adding that small operators trying to start up Continue Reading
Study finds car dealerships pose significant barrier to EV adoption
A new study by a team from Aarhus University in Denmark has found that car dealerships pose a significant barrier to electric vehicle adoption at the point of sale due Continue Reading
Volkswagen, Siemens partner in project with long-haul electric HD trucks using overhead power lines on public roads
The German Federal Ministry for the Environment gave the green light for a subsidized pilot project to conduct research and development on the electrification of long-haul trucks. The electricity supply Continue Reading
EV Revolution Could Wipe Out $21 Trillion In Oil Revenue
Hardly a day goes by without a research company releasing yet another report forecasting the future of electric vehicles and all related industries, oil included. Some of these are skeptical, Continue Reading
US EV market share remains low, but proponents say sales growth is strong
The US Energy Information Administration on Tuesday said US electric vehicle sales have been sluggish, but EV proponents contend the EIA’s focus on market share misses the more important EV Continue Reading
Alternative vehicle sales stall in United States
Sticker shock and limited infrastructure to support alternative vehicles has limited their sale in the domestic market, a U.S. energy report found. The U.S. Energy Information Administration reported battery-powered vehicle Continue Reading
BP Funds Fast-Charging Battery Maker
BP Ventures has provided US$20 million in funding to an Israeli startup that makes ultrafast-charging batteries, which aims to make it possible for electric cars to charge in just five Continue Reading