Category: Electric cars

Report: EVs are slowing the pace of growth in gasoline demand

Fuel gaugeGrowing EV sales in both the U.S. and China could contribute to a halving in gasoline demand in 2024, says the consultancy Wood Mackenzie. Demand is likely to rise 340,000 barrels per day (bpd) to 26.5 million bpd for the year, but that's the slowest growth since 2020, and down from a growth rate of 700,000 bpd last year, according to the report...

Kia confirms EV3 for May 23 reveal, arrival in late 2024

Kia EV3 teaser for production-bound EVKia on Tuesday confirmed that its compact EV3 electric SUV will go on sale later this year. The production-bound EV3 is due to make its debut on May 23 and will in its shift from a concept vehicle to a production-bound one arrive “comprehensively equipped,” according to Kia, while also offering “outstanding performance through...