China’s Oil & Gas Giant Sinopec Says Peak Oil Demand Already Happened In China
Half of the world’s economy has already reached peak gasoline and diesel demand while electric vehicle deliveries in every segment are shooting through the roof.
Half of the world’s economy has already reached peak gasoline and diesel demand while electric vehicle deliveries in every segment are shooting through the roof.
Looks like there is more than one way to skin a cat. The USA has effectively locked out Chinese batteries from its domestic market, but what if components like LFP cathodes are made in Morocco, in a factory financed by a Chinese–Korean partnership? Sounds complicated, but it might just work, … [continued]
In a somewhat unexpected move, Tesla has unveiled updates to its Model Y in China, bringing changes to both the exterior and interior, along with some interesting specification tweaks. While it’s not a complete overhaul, these updates have piqued the curiosity of electric vehicle enthusiasts. Exterior Tweaks: The most noticeable … [continued]
Plugin vehicles are all the rage in the Chinese auto market. Plugins scored over 750,000 sales last month, up 36% year over year (YoY) and a new record. That pulled the year-to-date (YTD) tally to over 4.6 million units. Share-wise, with August showing another great performance, plugin vehicles hit 39% … [continued]
The Wuling Bingo is a cool small 5-door hatchback launched earlier this year in China. Following the smash hit Wuling Hongguang Mini EV that made mini EVs very fashionable in China, especially in the second and third tier cities and so on, the Bingo also looks like it will be … [continued]
A recent announcement from Shell in China shows that it is pulling further away on EVs with a charging station of record size. Let’s talk about what’s holding us back, and then get into the announcement. Why Building 258 Stalls Is A Big Deal The demand for electric vehicles (EVs) … [continued]
Zambia’s President Hakainde Hichilema recently returned from a state visit to China. During that visit, he met with BYD and CATL, which are some of the leading players globally in the electric vehicle and stationary storage ecosystem. In a post on X, President Hichilema said, “We have the natural resources, … [continued]
Years ago, BMW announced that it was going big on building future electric MINI vehicles in China. But, as media outlets have been pointing out, U.S. sales would run into a huge tariff. Fortunately, MINI now has plans to build at least some of the vehicles in the UK, which … [continued]
Plugin vehicles are all the rage in the Chinese auto market. Plugins scored over 658,000 sales last month, up 31% year over year (YoY). That pulled the year-to-date (YTD) tally to over 3.9 million units. Share-wise, with July showing another great performance, plugin vehicles hit 38% market share! Full electrics … [continued]
The World Coal Association recently published a chart on Linkedin showing very graphically how China’s coal consumption dominates the world’s CO2 emissions targets. It is not only China but also India and other emerging economies that are heavily reliant on coal for energy, leading some to ask the question: Do … [continued]