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EIA: Crude oil demand returns faster than supply, increasing prices and reducing inventories

Green Car Congress

The price of US benchmark West Texas Intermediate (WTI) crude oil is near its highest level since 2014, increasing rapidly from low prices in mid-2020 as demand returns faster than supply, according to the US Energy Information Administration (EIA). US crude oil inventories were 440.3 million barrels by the end of June 2020.

Oil 417
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Personal: My Ongoing EV Adventure

Clean Fleet Report

The market has grown tremendously over the last decade and a half, so today there is a range of choices, and it will just get better with time. But the Bolt EV, starting at an advertised price of $37,495, was much more affordable. The original sales price was north of $30,000, so it felt like a steal.

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CapGemini: 87% of global consumers prefer personal vehicle to ensure safe travel, up from 57% in April 2020

Green Car Congress

This reflects a continuous shift in consumer preference towards personal mobility, fueled by the COVID-19 pandemic, as car ownership today is seen as a safeguard against the risk and spread of infection. Meanwhile, 78% of consumers will opt for using their personal vehicles over taking public transport.

Personal 265
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“I’m personally confident we can get it across the line.” Local Tesla boss predicts Cybertruck could come to Australia as early as 2026

EV Central

Speaking to EV Central , Tesla Australia country director Thom Drew said he was personally confident the Cybertruck would make its way here to provide an EV alternative to the RAM 1500, Chevrolet Silverado, Ford F-150 and Toyota Tundra as well as others in the SUV market. Im personally confident we can get it across the line.

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How BMW stole Australia’s premium electric vehicle market from Audi and Mercedes-Benz | Analysis

EV Central

Amid all the doom and Boomer gloom about EV sales (as Ive mentioned before, a shocking proportion of Boomers/Old People seem to be scared and angered by electric cars), I was stunned to learn recently that BMW buyers, and their close relatives in the Mini market, are snapping them up at an incredible rate.

Audi 97
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Volkswagen’s MEB for EVs: long electric range, open-platform, open-space, pricing for the volume market; “tablet on wheels”

Green Car Congress

The MEB will be the foundation for an entirely new generation of battery-electric vehicles designed not only to be electric and feature extended range, but to be connected, autonomous, open and priced for the volume market as required by Volkswagen’s positioning. With that flexibility, we can use the total power of the market.

Market 284
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IDTechEX sees battery swapping as winner in 2- and 3-wheeler markets of Asia-Pacific

Green Car Congress

In a new report, “ Battery Swapping for Electric Vehicles 2022-2032: Technology, Players and Forecasts ”, market research firm IDTechEx concludes that battery-swapping technology currently appears to be a winner in the two- and three-wheeler markets of the Asia-Pacific regions.

Asia 326