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
BNEF: E-buses to surge even faster than EVs; supply of cobalt potential risk to the pace of growth
The electrification of road transport will move into top gear in the second half of the 2020s, due to tumbling battery costs and larger-scale manufacturing, with sales of electric cars Continue Reading
China To Drive Electric Vehicles Sales Surge
More than half of new car sales in the world will be electric vehicles (EVs) in 2040, with one-third of the global car fleet then consisting of electric cars, according Continue Reading
$80 Oil Could Kill Smaller Airlines
The airline industry is heading for rising fuel costs as crude oil prices surge, and the weakest of the European airlines may not make it through the winter, Michael O’Leary, Continue Reading
EVs Could Erase 7 Million Bpd In Demand
Electric vehicles will become cheaper than the internal combustion engine in a half decade, while electric buses will completely “dominate” its sector by the late-2020s, according to Bloomberg New Energy Continue Reading
Mercedes-Benz to invest ~€500M to produce electric compact EQ model at Hambach plant
Mercedes-Benz Cars is expanding its production capacities for electric cars in Europe. The Hambach plant in France, which currently produces smart brand electric vehicles, will produce a compact electric car Continue Reading
Truck Sales Hold Steady Despite Soaring Gas Prices
Oil analysts predict the price per barrel will continue to rise in months ahead, but market dynamics in new vehicle sales aren’t expected to change course anytime soon. Trucks and Continue Reading
San Francisco commits to all-electric bus fleet By 2035; MUNI Board approves pilot program
San Francisco Mayor Mark Farrell and the San Francisco Municipal Transportation Agency (SFMTA), which operates MUNI (the city’s public transit), announced San Francisco’s commitment to have an all-electric bus fleet Continue Reading
Exclusive: Intel’s Mobileye gets self-driving tech deal for 8 million cars
Mobileye, Intel Corp’s Israel-based autonomous driving unit, has signed a contract to supply eight million cars at a European automaker with its self-driving technologies, a company official told Reuters. A Continue Reading
China Aims For 1 Million EV Sales In 2018
Supported by a hard push by the Chinese government to drive up electric car sales, annual EV sales are on track to hit a one-million-unit milestone this year, as demand Continue Reading
MCI J4500e electric coach prototype reaches highway speed and reliability targets in test runs; on sale in 2020
Motor Coach Industries (MCI), the US subsidiary of New Flyer Industries Inc. (NFI Group), the largest transit bus and motor coach manufacturer and parts distributor in North America, announced that Continue Reading
Audi targeting sales of 800,000 BEVs and PHEVs in 2025
Audi aims to sell approximately 800,000 fully electric cars and plug-in hybrids in the year 2025. At today’s Annual General Meeting of Audi AG, the Board of Management is presenting Continue Reading
Feature: Chinese electric automaker BYD drives job growth in S. California
“I started out on the line just a year ago as an hourly worker, same as everybody else,” recalls Kris Esposito, the newly-minted Production Manager of the Bus Chassis Section Continue Reading
UK to ban most hybrid cars, including Prius, from 2040
Hybrid cars that rely on traditional engines, such as the Toyota Prius, would be banned by 2040 under clean-air plans being drawn up by the UK government that would outlaw Continue Reading
Anheuser-Busch Will Buy Nikola’s Hydrogen-Powered Trucks
Anheuser-Busch is reserving up to 800 of Nikola Motor Co.’s hydrogen-electric trucks, one of the largest orders so far for alternative-fuel vehicles as the company races with Tesla Inc. TSLA Continue Reading
Toyota Research Institute constructing automated vehicle test facility in Michigan
Toyota Research Institute (TRI) is constructing a closed-course test facility to develop automated vehicle technology. Construction permits were filed this week to transform an approximately 60-acre site at Michigan Technical Continue Reading
Electric Planes Could Soon Be A Reality
The idea of quiet, low-carbon air travel is a logical extension of the electric vehicle race that has now also reached maritime travel in electric ferries. But there are some Continue Reading
The Biggest Challenge In Electric Car Markets
Volkswagen is spending $2 billion in America to correct its “Dieselgate” cheating scandal — and to move beyond the typical upscale electric car shopper that tends to be much more Continue Reading
Electric Vehicles Begin To Bite Into Oil Demand
Employees work on the assembly line of the electric bus at a BYD’s production base on January 23, 2018 in Xi’an, China. China’s largest electric carmaker BYD sold 113,669 new Continue Reading
Electric scooter boom faces US city limits
A new wave of electric-scooter rental start-ups is facing a legal reckoning, as city authorities across the US race to tame the “dockless” two-wheelers that have flooded their streets. New Continue Reading
Ford to cut most car models in North America over the next four years
Ford Motor Co. said Wednesday it will shed most of its North American car lineup as part of broad plan to save money and make the company more competitive in Continue Reading
Ex-BP chief Browne urges embrace of ‘unstoppable’ electrification
Major oil and gas companies need to embrace the “unstoppable” electrification of society and take practical steps to limit the use of carbon-intensive fuels if they are to retain their Continue Reading
Electric Buses Are Hurting the Oil Industry
About 279,000 barrels a day of fuel won’t be needed this year China adds a London-sized electric bus fleet every five weeks Electric buses were seen as a joke at Continue Reading
Faster EV chargers to allay range anxiety
Japanese energy company Marubeni Corp. said it would work in the U.S. market to deliver ultra-fast charging stations for electric vehicles. The company said it was working through its U.S. Continue Reading
Electrify America partners with >100 major retail, convenience & refueling locations in US to install ultra-fast chargers
Electrify America will be installing ultra-fast electric vehicle chargers at more than 100 retail, convenience and refueling locations across the US, increasing the convenience for consumers who drive or are Continue Reading
IHS Markit: global oil demand still growing in the short term despite increasing focus on EVs
Short-term oil demand is still growing strong and will continue to do so through the end of 2020 despite the market’s increasing focus on electric vehicles and the forecasted future Continue Reading
Maritime shippers need more LNG
The maritime fleet industry needs to use more liquefied natural gas as a fuel in order to lower its emissions, a Finnish company said Friday. Wärtsilä Corp., a Finnish company Continue Reading
Electric Scooters Are Causing Havoc. This Man Is Shrugging It Off.
Travis VanderZanden, the chief executive of electric scooter company Bird Rides, surveyed the new indoor park at his office one morning this week. While the space is still under construction, Continue Reading
Electric scooters might revolutionize urban transport — if it wasn’t for stupid humans
Motorized scooters, like these from Bird and Spin, have been showing up in cities around the United States. (David Paul Morris/Bloomberg News) You’ll find them obstructing sidewalks in Austin, draped Continue Reading
Momentum Dynamics deploys 200 kW wireless charging system for electric transit buses in Wenatchee, WA
Momentum Dynamics has commissioned the US’ first 200 kW wireless charging system for a battery-electric transit bus fleet. The wireless charging system is now operational on a BYD K9S bus Continue Reading
Tesla Starts 24h Shifts In Attempt Ramp Up Model 3 Production
Tesla’s halt of Model 3 production is due to a comprehensive set of upgrades that will allow it to ramp up production to up to 4,000 cars per week in Continue Reading
Electrify America installing 150/350 kW fast chargers at more than 100 Walmart locations
Electrify America will install electric vehicle fast chargers at more than 100 Walmart locations across 34 states by June 2019. This initiative will more than double the number of electric Continue Reading
Germany ups pressure on car industry to invest heavily in EVs, batteries
Germany’s government is increasing pressure on its car makers to invest heavily in electric cars as well as battery production in Europe to safeguard jobs in Germany during a rapid Continue Reading
An Electric Car Revolution Will Require Perpetual Subsidies
Battery electric vehicles (BEVs) can be economically attractive as commuter cars in city traffic. Attractiveness fades for longer-distance traveling due to larger battery packs, a smaller efficiency advantage, and more Continue Reading
Tesla Bankruptcy Not So Far Fetched, Says Analyst
Just days after Elon Musk’s not-so-well-received April Fool’s tweet that spoke of Tesla’s imminent bankruptcy in jest, one analyst is predicting that that doesn’t seem so foolish after all. The Continue Reading
Attorneys general from 11 U.S. states vow to defend auto efficiency standards
The top legal officers from 11 states and Washington D.C. on Tuesday promised to defend federal automobile efficiency standards against a rollback proposed by the Trump administration this week. “All Continue Reading
How U.S. Fuel Economy Standards Compare With the Rest of the World’s
On Monday, the Trump administration formally declared that Obama-era fuel economy rules for automobiles were too strict and would likely be weakened in the months ahead. So how strict are Continue Reading
Uncertainty looms over marine fuel sulfur limit: Fuel for Thought
In about 20 months, the shipping industry is going to start burning a fuel that today they know next to nothing about. The International Maritime Organization has set a January Continue Reading
Alibaba, Ford Unveil China’s First Car Vending Machine
China’s Alibaba wasn’t the first company to create a car vending machine – that honor belongs to a Singaporean entrepreneur who transformed Singapore’s Autobahn building into what appears to be Continue Reading
Peak Oil Demand Is Approaching Thanks to EVs and Autonomous Vehicles
Nearly a decade ago, I talked about the concept of “peak oil.” Simply put, this theory states that global oil production will hit a maximum level before declining. When oil Continue Reading
Study projects future EVs to have 30-70% lower environmental impacts that current EVs when changes to electricity generation are considered
Numerous studies have tackled the future environmental impact of battery-electric vehicles; the resulting assessments are highly uncertain. Now, a team of researchers at the Paul Scherrer Institut in Switzerland, with Continue Reading