By 2040, electric vehicles will dominate sales, reducing oil demand by 13 million barrels per day
Passenger car sales from ice have already reached a peak, and this development will have wide implications not only for the automotive sector, but also for oil and gas, metals…

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Tesla Model S and X were created a long time ago, but they continue to be the standard of electric vehicles
"There will be no updates to Model X or Model S, only a number of minor current changes" — this short statement by Elon Musk caused a storm of gloomy…

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Why is it more profitable to produce electric cars than cars with ice?
1. Minimum engine options maximum power configurations The biggest advantage of electric vehicle manufacturers is the easily variable power inherent in electric motors. The manufacturer can produce only a few…

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generation

World automakers see China as their launching pad for electric vehicles

This week, some of the world’s largest automobile companies presented their flagship electric vehicles at the Shanghai motor show. Many of these electric cars will only be available in China, where there are government subsidies and policies in favor of electric cars. As the world’s largest car market and manufacturing center, China is becoming the center of electric car development.

On Tuesday, Audi introduced its electric sports crossover Q2L e-tron, which will be produced in the southern city of Foshan and is available only in the domestic market of China. The luxury German brand also launched an electric model for China, presenting it in San Francisco last year as the first production electric model. E-tron will also be produced in China starting from 2020. Continue reading

Volkswagen’s radical strategy: put everything on electricity

Volkswagen has set itself the goal of a possible profitable mass production of electric vehicles in the amount of 80 billion euros (91 billion us dollars) — a feat that no automaker has not even reached.

If Volkswagen realizes its ambitions to become a world leader in the field of electric vehicles, this will happen thanks to a radical and risky rate. The German giant placed a bet on 80 billion euros (91 billion us dollars) and the possibility of profitable mass production of electric vehicles — a feat that no automaker has achieved. So far, the plans of most major automakers have been one major goal: to protect profits from expensive cars with ice and to replenish their range and fleet with enough zero-emission vehicles to meet environmental standards. Continue reading

BNEF: by 2040, almost 60% of new car sales will be electric

According to estimates by Bloomberg sales of fuel and vehicles has already peaked, and perhaps never more to rise, because the price of batteries fell. The increase in the number of electric vehicles, in turn, means that the peak demand for oil can come in just 10 years.

According to a new Bloomberg NEF report, oil demand is projected to peak in 2028 for passenger cars and in 2035 for commercial vehicles. The rapid growth in electric vehicle sales will cause a slowdown, a peak, and then a drop in oil consumption. Oil prices and the cost of investment in oil companies will fall. Continue reading

Why is it more profitable to produce electric cars than cars with ice?
1. Minimum engine options maximum power configurations The biggest advantage of electric vehicle manufacturers is the easily variable power inherent in electric motors. The manufacturer can produce only a few…

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Buy or not buy electric cars after commercial use
New electric cars, though falling in price faster than expected, but still remain quite expensive. Therefore, for the Ukrainian buyer, the alternative is the purchase of electric vehicles with mileage,…

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A study on the example of the VW Golf: the ownership of the electric car cheaper than cars with internal combustion engines in 5 European countries
Electric cars have become cheaper to own than their petrol or diesel alternatives in five European countries — the UK, Germany, France, the Netherlands and Norway. In the course of…

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Which is better: a fully electric car or a plug-in hybrid?
The rivalry between clean electric cars and plug-in hybrids is now reaching its highest peak of confrontation. Many agree that clean electric vehicles are the future, but also pay tribute…

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