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Big Oil Betting On Electric Vehicles

Green Car Congress

Speaking this week at the Bloomberg New Energy Finance conference in New York, Total SA’s chief energy economist, Joel Couse, forecasted that EVs will make up 15 to 30 percent of global new vehicle sales by 2030. Oil demand for transportation fuel see its “ demand will flatten out ,” after 2030, Couse said. Maybe even decline. ”.

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Driving Towards a Sustainable Future: The Rise of Electric Autos in India

Baua Electric

With the global push towards sustainability, the rise of electric autos in India comes as no surprise. The Indian government has introduced various incentives and initiatives, such as subsidies and tax benefits, to promote the adoption of electric autos.

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Report: Trump offered to nix EV incentives for $1B donation from Big Oil

Baua Electric

At a meeting with top oil executives at his Mar-a-Lago club last month, Donald Trump offered to reverse Biden administration environmental policies in exchange for a $1 billion donation to his presidential re-election campaign, the Washington Post reports. Oil interests contributed more than $6.4

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Biomass fuels: challenges and opportunities – ET Auto

Baua Electric

Lignocellulosic biomass, a renewable and abundant resource, holds great promise for sustainable production of valuable chemicals and fuels, currently derived mainly from oil. Ethanol, a renewable fuel (CH 3 CH 2 OH), is commonly blended with gasoline to boost octane levels and reduce carbon monoxide and other emissions contributing to smog.

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Gas War: Did the Biden Administration Relax or Tighten U.S. Vehicle Emissions?

The Truth About Cars

vehicle emissions standards. While often framed as complex, the reality is that the White House has repeatedly stressed its desire to push Americans toward electric vehicles and has instituted regulatory goals to that aim. fuel consumption by 70 billion gallons of gasoline through 2050.

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India to lead transport fuel demand growth, defying global trend: IEA | Autocar Professional

Baua Electric

International Energy Agency (IEA) sees India among the largest drivers of global oil demand by the end of the decade, defying the global trend in the demand for transport fuels with significant growth. India’s oil demand is expected to grow by more than any other country, except China, between 2023 and 2030. mb/d to 6.75

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The right way to get oil-rich West Asia to pressure electrical vehicles? Chinese language EV makers contemplate

Baua Electric

Around the six Gulf states, together with oil majors Saudi Arabia and the United Arab Emirates, electrical vehicles account for simply 0.4% of the passenger-vehicle marketplace. billion deal with premium Chinese automaker Human Horizons Technology that reflects the region’s interest in higher-end vehicles.