development
Geneva motor show: the electric car revolution could begin before Europe is ready
The Geneva motor show 2019 is a car show where they say the electric car revolution is about to begin. Sales of electric vehicles are growing rapidly, but in comparison with cars with ice they are still low. European Union regulations that require automakers to produce electric vehicles in accordance with fuel efficiency regulations can open up a lot of opportunities for sales to Chinese manufacturers that already produce cheap electric vehicles.
According to the German car control Center (CAM), global sales of electric vehicles in 2018 amounted to 2.1 million, and in 2019 will grow to 2.8 million. Continue reading
Oil and gas companies are currently investing heavily in electric vehicle charging companies
For decades, oil and gas companies and utilities have refused to accept electric vehicles as a given. Now oil and energy giants are becoming part of the “new fuels”industry.
According to forecasts, more than 350 new models of electric vehicles will appear by 2025. Global demand for gasoline will peak around 2021, thanks to improved fuel efficiency. Wood Mackenzie predicts that infrastructure investment in the US will exceed $ 18 billion per year in equipment, installation, operation and services by 2030. China is expected to have three times more energy demand from electric vehicles by then. Continue reading
