Car Sharing

Market research firm PWC says by 2030, the transport sector will require 138 million fewer cars in Europe and the US. This will be the result of the five trends that are transforming the automotive industry — electrification, autonomous vehicles, car sharing, connecting. and yearly updating. PwC suggests that as a result of novel sharing concepts, the stock […]

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Cal on December 23rd, 2017

Saturn’s energy rich moon Titan   The markets for liquefied natural gas (LNG) will likely be oversupplied over the next few years according to Fitch rating agency. The agency observes that additional LNG capacity being commissioned in the United States, Australia and Russia is likely to result in depressed spot prices until demand catches up. The […]

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Cal on November 18th, 2017

  The world’s first hybrid electric tram, using hydrogen as its main power source, is now operating on a 136-year-old railway in the Chinese city of Tangshan. It will be operating in more cities in China as well as abroad. Having three carriages with 66 seats, the tram can run for 40 kilometers at a maximum speed […]

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Cal on November 12th, 2017

The European Commission is proposing a 30% CO2 reduction from 2021 to 2030 for light-duty vehicles (new cars and vans). 2025 will have an intermediary target of a 15% reduction. The purpose is to spur a rapid transition from internal combustion engines to alternative fuels. The proposed regulation applies to all passenger cars and light commercial […]

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Cal on September 15th, 2017

German automaker Volkswagen announced it plans to invest more than 20 billion euros ($24 billion) in zero-emission vehicles by 2030, primarily electric cars. The world’s largest automaker said this week it would add 80 new electric cars across its multi-brand group by 2025, up from a previous goal of 30, and wanted to offer an electric version […]

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Cal on September 13th, 2017

Hurricane Harvey appears to be the most destructive event for cars in the history of the US. Based on early estimates floodwaters destroyed hundreds of thousands of vehicles causing US auto companies to bump up production beyond their original plans for this year. Ethylene is one of the most important petrochemicals on the planet and much […]

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Cal on September 11th, 2017

The Australian Energy Market Operator (AEMO) is forecasting a crippling 1 gigawatt energy shortfall in 2022, as Australia’s coal power plants begin to shut down, potentially leading to electric power shortages and rising prices for consumers. In particular, the proposed closure of the Liddell coal-fired power station in 2022 will materially increase the risk of […]

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Cal on September 9th, 2017

    International consultancy company DNV GL projects natural gas will become the world’s largest single source of energy after 2034. DNV GL predicts that global demand for energy will flatten in 2030, then steadily decline over the next two decades, thanks to steep changes in energy efficiency. Fossil fuel’s share of the world’s primary energy mix […]

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