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

Green Car Congress

Low-speed electric vehicles (LSEVs) could reduce China’s demand for gasoline and, in turn, impact global oil prices, according to a new issue brief by an expert in the Center for Energy Studies at Rice University’s Baker Institute for Public Policy. “ —Gabriel Collins. —Gabriel Collins.

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Experts discuss the remaining hurdle to EV sales

Teslarati

Experts in the auto industry believe affordability is the remaining hurdle preventing electric vehicle (EV) sales from rising. The biggest issue in our industry is affordability,” Katarski said during the Automotive News Congress in Pontiac, Michigan. Electric vehicle prices averaged around $58,000 in Q1 2024.

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U.K. Government Pushes Gasoline Car Ban to 2035

The Truth About Cars

UK Prime Minister Rishi Sunak announced on Wednesday that he’s delaying bans the government had previously made for gasoline-powered vehicles. The scheme was to have the United Kingdom restrict citizens from purchasing new combustion vehicles by 2030. Environmentalists were not the only ones alarmed by the move. Meanwhile, U.K.

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Gov’t, industry, national labs collaborate on comprehensive cradle-to-grave LCA study and economic assessment of LDV GHG reductions

Green Car Congress

Numerous LCA tools have been used to evaluate the GHG emissions associated with various vehicle-fuel technologies, including fossil fuels, biofuels, hydrogen fuel cell electric vehicles (FCEVs), hybrid electric vehicles (HEVs), plug-in hybrid electric vehicles (PHEVS), and battery electric vehicles (BEVs).

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GlobalData: COVID-19 puts EV sales and CO2 fleet emission targets at risk

Green Car Congress

GlobalData research shows that lower oil prices as a result of the COVID-19 crisis could reduce electric vehicle demand and impair EU efforts to significantly reduce average new vehicle CO 2 emissions in the European car market. —Mike Vousden, Automotive Analyst at GlobalData.

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Hyundai Offering Free Chargers to EV Buyers, Swelling Industry Incentives

The Truth About Cars

Hyundai is offering customers willing to buy an all-electric vehicle a Level 2 home charger for no extra cost. While the ChargePoint device is framed as being free, it does require the purchase of a new automobile through the automaker’s captive finance arm Hyundai Capital America.

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Are Synthetic Fuels Really All They're Cracked Up to Be?

The Truth About Cars

With emissions regulations encouraging automakers to pivot toward tiny engines and all-electric vehicles, some have likewise expressed a renewed interest in synthetic fuels. But it remained a popular solvent and saw increased use as an additive to gasoline. Interest declined as oil production ramped up.

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