Hints and tips:
...If consumers were to rapidly opt to become a one [internal combustion engine vehicle] and one EV household, EV demand could, in theory, rise overnight....
...And there’s a lot of concern that there will be job loss as this happens because an internal combustion engine has so many parts and they wear out. Batteries?...
...Goldman Sachs believes Chinese oil demand dropped by 500,000 b/d last week — a huge number....
...The company, Plan D LLC, owned a Gulfstream jet. In court papers reviewed by the FT, the US Virgin Islands government cites flight logs showing that the plane transported underage girls....
...Still, it’s a big setback for the sector. The industry has used $100/kWh as a sort of magic number at which point batteries become broadly cost competitive with internal combustion vehicles....
...It should enable electric mobility at a cost comparative with the internal combustion engine....
...An electric car uses two and a half to three times more copper than an internal combustion car....
...But what it is really about is transferring food from A to B, just as Uber transfers people from A to B....
...Right, in terms of renewable, if you like, energy transition, you're using five times as much copper in an electrical vehicle as you do with a typical internal combustion engine-run vehicle....
...Although global consumption will fall this year by 11m barrels a day according to our estimates, or 11 per cent, from last year’s 100m b/d, there are still a series of factors providing underlying support...
...It’d be interesting also to know if Natixis had set up an internal strategy committee to examine a potential offer, then split off into a second adhoc committee to weigh up a price in the region of €3.50...
...Our usage has jumped 62 per cent over the course of a few decades — up from 61.6 million b/d in 1986....
...IHS Markit believes electric vehicles only reduced about 50,000 barrels a day of oil demand last year out of a near-100m b/d market....
...and its allies had agreed there would be a need to cut output by about 1m b/d next year....
...S&P Global Platts Analytics’ projections are that oil production will have to increase from about 100m b/d today to just under 125m b/d in 2040 under the “most likely” reference case to meet rising demand...
...Under a more aggressive scenario for EV uptake, involving a worldwide ban on new internal combustion engine cars by 2040, oil demand would be 10m b/d lower by the end of the period than it would have been...
...The expected shift from internal combustion engines to electric vehicles is an obvious example....
...It is fuelled by petrol, runs on an internal combustion engine and spews exhaust emissions through a tailpipe....
...combustion engines....
...Tesla has shown the electric car can be equal and, in many ways, superior (high performance, lower energy consumption, quiet ride) to the ubiquitous internal combustion engine (ICE) car....
...This is very modest given that oil demand is growing at 1m b/d annually....
...Crude prices crashed from $115 a barrel in mid-2014 to less than $30 in the early part of this year, when supply exceeded demand at a rate of about 1m b/d, the IEA says....
...That is not far from current levels of 95.9m b/d....
...The Company does not have a stockholder rights plan in effect. (d) Other Rights....
...Hybrid, pure-electric and hydrogen-powered cars are driving on the world’s roads today but progress in finding a definitive replacement for the venerable internal combustion engine will probably continue...
International Edition