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Alternative fuels to ‘power car industry growth’

Green Cars News

While the global economic climate may still be fairly dire, a new report suggests that for the UK auto industry growth will be driven by new technology and investment into alternative fuel powertrains over the coming few years.

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Mixed Outlook for Mainstream Consumer Adoption of PHEVs

Green Car Congress

That could yield more than 50 mpg of fuel economy—or usage of less than 300 gallons per year—and still be a lot cheaper than a plug-in hybrid or a fuel cell vehicle, he noted. Our history with alternative fuels has been truly awful.” Steven Plotkin. times as much. Steven Plotkin.

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Demand for oil ‘passed its peak’

Green Cars News

World oil demand is poised for recovery driven by emerging markets but demand from developed countries is unlikely return report finds. Demand for oil in developed countries—currently 54 percent of all oil demand—has passed its peak, the latest research suggests.

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