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Report suggests low-speed electric vehicles could affect Chinese demand for gasoline and disrupt oil prices worldwide

Green Car Congress

Disruptive innovation is typically a Silicon Valley buzzword and not one commonly associated with discussions of gasoline markets. If a million low-speed electric vehicles displaced a million gasoline-powered midsize sedans from the market, about 15,000 barrels per day of gasoline demand could effectively be lost, Collins said.

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Volkswagen to offer refreshed Tiguan with new plug-in hybrid powertrain in Europe

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Volkswagen will unveil a refreshed Tiguan SUV later in 2020, featuring new front and rear styling, a redesigned interior and new powertrains, including a plug-in hybrid version for the European market. This versatile vehicle is available for sale in 80% of countries in the world and is the most successful SUV on the market in Europe.

Plug-in 307
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Roskill: graphite prices could push higher on tightening markets for batteries & electrodes

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Synthetic graphite electrode prices rose nine-fold through the first three quarters of 2017, increasing from US$1,748/t in January 2017 to a high of US$16,309/t in September, according to Roskill Information Services. Scrap steel was banned from sale to such furnaces in early 2017, becoming available for use in EAFs.

Price 207
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BNEF: EV company fundings bright spot as clean energy investment slips in Q3 quarter; 3 China EV companies raise $1.9B

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The slip in the July-September quarter leaves clean energy investment for the year so far running a modest 2% below that in the first nine months of 2017—leaving open the possibility that 2018 as a whole will end up matching last year’s total, particularly if a few more multibillion-dollar offshore wind deals are concluded before Christmas.

Cleaning 259
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GAC Group begins construction of $6.5B industrial park for electric and intelligent vehicles

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The planning and construction of this industrial park is a concrete step to implement the Chinese government’s green development goals for Guangdong and the national ‘Made in China 2025’ strategy. Power Asia Pacific’s 2016 China Initial Quality Study, the highest of all Chinese brands for the fourth consecutive year.

Industry 247
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IEA forecasts global oil demand to reach 101.6 mb/d in 2023; non-OECD countries lead expansion

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The IEA June 2022 Oil Market Report (OMR) forecasts world oil demand to reach 101.6 Nevertheless, product markets are expected to remain tight, with a particular concern for diesel and kerosene supplies. mb below the 2017-2021 average. mb/d in 2023, surpassing pre-pandemic levels. mb/d in 2022 to 2.2 mb/d and 1.9 bbl on 13 June.

Oil 210
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Roskill: record cobalt deals in Q1 2018 show raw material procurement for Li-ion batteries revving up

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With an increasing amount of Li-ion battery raw material refining and processing centred in China, and it being front-and-center of Li-ion demand growth, Chinese Li-ion value chain participants have turned to Australia, Africa and South America to secure the feedstock necessary for their downstream requirements.

Li-ion 150