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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.

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Personal: My Ongoing EV Adventure

Clean Fleet Report

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. My salesperson explained how the deal worked, and it truly was at the price he had quoted. With 238 miles of range, it solved the range issues.

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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.

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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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Recent changes in the price of gasoline and in the amount of driving

Green Car Congress

One possible consequence of the recent jump in the price of gasoline in the United States might be a reduction in driving. The main such variables are currently the course of the pandemic, and our complex personal and societal reactions to it (e.g., Price of gasoline. by Michael Sivak, Sivak Applied Research. Amount of driving.

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Fisker and Foxconn confirm Fisker PEAR production in Ohio; expected base price below $29,900

Green Car Congress

Fisker confirmed that it will produce its second vehicle, the Fisker PEAR (Personal Electric Automotive Revolution) ( earlier post ), at the factory Foxconn (Hon Hai Precision Industry Co. The Fisker PEAR will have an expected base price below $29,900 before incentives. recently acquired in Ohio from Lordstown Motors ( earlier post ).

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2021 BMW 330e and 330e xDrive PHEV sedans priced in US starting at $44,550 and $46,550

Green Car Congress

BMW Intelligent Personal Assistant. Available in the BMW 330e models is the BMW Intelligent Personal Assistant, an intelligent, digital character that responds to the prompt “Hey BMW”. The range of functions and skills available will be constantly expanded as part of regular updates.

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