Electric vehicles (EVs) are quickly gaining popularity, and as a result, are starting to have a significant impact on the sales of traditional gasoline and diesel vehicles. The increasing number of EV models available on the market, along with the falling cost of batteries and government incentives, are driving more and more consumers to choose EVs over traditional gasoline and … [Read more...] about Surging electric vehicle sales are already dampaning the sales of ICE vehicles and demand for gasoline and diesel fuel
EV
Gasoline demand in the United States has reached a peak
Gasoline demand in the United States has reached a peak, and it is unlikely that consumption will ever again return to pre-Covid levels. The pandemic has greatly impacted the way Americans live and work, leading to a significant shift in transportation habits. The lockdowns and stay-at-home orders implemented in response to the pandemic have greatly reduced the need for … [Read more...] about Gasoline demand in the United States has reached a peak
Plastics to blame: Increasing sales of electric cars in the U.S. have not yet resulted in a significant decrease in demand for oil
It is true that the increasing sales of electric cars in the United States have not yet resulted in a significant decrease in demand for oil. One of the main reasons for this is the continued reliance on fossil fuels, particularly oil, in the production of plastics. Plastic is a versatile and widely used material in the manufacturing of consumer goods, packaging, and … [Read more...] about Plastics to blame: Increasing sales of electric cars in the U.S. have not yet resulted in a significant decrease in demand for oil
Carbon-free trucks are becoming increasingly viable alternatives to traditional diesel-powered trucks
Carbon-free trucks, which run on electricity or alternative fuels such as hydrogen, are becoming increasingly viable alternatives to traditional diesel-powered trucks. In fact, many experts believe that these trucks are now close to achieving parity with diesel models in terms of cost and performance. One of the main reasons for this is the falling cost of batteries and … [Read more...] about Carbon-free trucks are becoming increasingly viable alternatives to traditional diesel-powered trucks
Investments into Electric Vehicle Charging Infrastructure Will Soon Reach $100 Billion
Electric vehicles (EVs) are becoming increasingly popular as consumers look for more sustainable and environmentally-friendly transportation options. As the demand for EVs grows, so too does the need for reliable charging infrastructure. In fact, it is estimated that investments into EV charging infrastructure will soon reach $100 billion. One of the main drivers behind this … [Read more...] about Investments into Electric Vehicle Charging Infrastructure Will Soon Reach $100 Billion
Electric Vehicle (EV) Market Analysis: BEV Versus Fuel Cell
The road to clean emission vehicles has come to fork - the US and European markets tend to support the battery-electric vehicle (or BEV) infrastructure while the Asia's biggest economies are backing hydrogen fuel cell cars: China, the world’s biggest auto market with some 28 million vehicles sold annually, targets more than 1 million hydrogen fuel cell vehicles in service … [Read more...] about Electric Vehicle (EV) Market Analysis: BEV Versus Fuel Cell
