Tag Archive | electric cars

“How Electric Cars Can Create the Biggest Disruption Since iPhone”

https://www.bloomberg.com/news/articles/2017-09-21/how-electric-cars-can-create-the-biggest-disruption-since-iphone

It’s 10 years since Apple Inc. unleashed a surge of innovation that upended the mobile phone industry. Electric cars, with a little help from ride-hailing and self-driving technology, could be about to pull the same trick on Big Oil.

Advertisements

“Britain to ban sale of all diesel and petrol cars and vans from 2040”

Petrol pumps

Link

Britain is to ban all new petrol and diesel cars and vans from 2040 amid fears that rising levels of nitrogen oxide pose a major risk to public health.

“Geely’s Volvo to go all electric with new models from 2019”

https://www.reuters.com/article/us-volvocars-geely-electric-idUSKBN19Q0BJ?mc_cid=f1f70e9c4d&mc_eid=eaaa9fef29

All Volvo car models launched after 2019 will be electric or hybrids, the Chinese-owned company said on Wednesday, making it the first major traditional automaker to set a date for phasing out vehicles powered solely by the internal combustion engine.

 

“The Country Adopting Electric Vehicles Faster Than Anywhere Else”

https://www.bloomberg.com/news/articles/2017-06-01/the-country-adopting-electric-vehicles-faster-than-anywhere-else

Norway’s electric vehicle boom has been built on generous government incentives. EVs are exempt from car-purchase taxes and the 25 percent sales tax levied on just about everything else, and they get a break on annual fees. Drivers plug in for free at municipal power points, generally don’t pay tolls, and can use bus lanes to avoid traffic. On ferries across Norway’s deep fjords, electrics travel at no cost. It’s no surprise, then, that Norwegians call gasoline-powered vehicles fossilbiler—fossil cars.

“Pretty Soon Electric Cars Will Cost Less Than Gasoline”

https://www.bloomberg.com/news/articles/2017-05-26/electric-cars-seen-cheaper-than-gasoline-models-within-a-decade

Battery powered cars will soon be cheaper to buy than conventional gasoline ones, offering immediate savings to drivers, new research shows.

 

“No growth for oil and coal from 2020 as electric cars and solar blossom”

Cover expect the Unexpected

http://www.carbontracker.org/in-the-media/no-growth-for-oil-and-coal-from-2020-as-electric-cars-and-solar-blossom/

Falling costs of electric vehicle and solar technology could halt growth in global demand for oil and coal from 2020, a new report co-authored by the Grantham Institute at Imperial College London and the Carbon Tracker Initiative launched on Thursday finds, challenging the wisdom of backing fossil fuel expansion.

“Electric Cars Could Take an OPEC-Sized Bite From Oil Demand”

https://www.bloomberg.com/news/articles/2016-12-03/electric-cars-could-take-an-opec-sized-bite-from-oil-demand

A boom in electric vehicles made by the likes of Tesla Motors Inc. could erode as much as 10 percent of global gasoline demand by 2035, according to the oil industry consultant Wood Mackenzie Ltd.

“Tesla Shock Means Global Gasoline Demand Has All But Peaked”

http://www.bloomberg.com/news/articles/2016-11-22/the-tesla-shock-global-gasoline-consumption-has-all-but-peaked

After fueling the 20th century automobile culture that reshaped cities and defined modern life, gasoline has had its day.

The International Energy Agency forecasts that global gasoline consumption has all but peaked as more efficient cars and the advent of electric vehicles from new players such as Tesla Motors Inc. halt demand growth in the next 25 years. That shift will have profound consequences for the oil-refining industry because gasoline accounts for one in four barrels consumed worldwide.

“Electric cars are happening,” IEA Executive Director Fatih Birol said in an interview in London, adding that their number will rise from little more than 1 million last year to more than 150 million by 2040.