Tag: south america
PHEV Sales In South Africa Were Up 100% In 2024
South Africa has a decently sized new vehicle sales market. In 2024, just over half a million new vehicles (515,712) were sold in South Africa, a decrease of 3% from the 531,775 units sold in 2023. However, 99% of all the new vehicles sold in South Africa are still internal … [continued]
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2027 Revisited — Where Will Plugin Vehicles Be In 3 Years?
WARNING: This article contains some hard data mixed with speculation and extrapolation out to 2027. It assumes a basic understanding of mathematics. Those who are still suffering trauma and stress from the Electric Vehicle Number Wars of 2024 are advised to proceed no further. Here be dragons. 2024 has been … [continued]
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Brazil EV Sales Report: Market Share Rises to 5.4% in December in PHEV-Dominated Market
I know many of our readers are not too fond of plug-in hybrids (PHEVs), considering them an inferior solution to purely electric vehicles (BEVs), which, to be fair, they are. But modern PHEVs, with their all-electric ranges over 50 km and their hyper-efficient powertrains (some of which may get 2,000 … [continued]
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Nickel & the Cleantech Revolution — Plus Alaska Energy Metals’ Role in US Energy Independence
The electric vehicle revolution is genuinely in full swing, with almost one out of every 4 new vehicles having a plug in 2024. The core element of that revolution is the batteries, and the essence of those batteries is a handful of metals. So, the most critical conundrum is how … [continued]
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U.S. EIA Forecasts Lower Oil Price in 2025 Amid Significant Market Uncertainties
We forecast benchmark Brent crude oil prices will fall from an average of $81 per barrel (b) in 2024 to $74/b in 2025 and $66/b in 2026, as strong global growth in production of petroleum and other liquids and slower demand growth put downward pressure on prices and help offset heightened geopolitical risks and … [continued]
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