Shell has introduced the Triple 10 Challenge concept car, a compact electric vehicle designed to charge from 10% to 80% in under 10 minutes using standard 175kW chargers, nearly doubling the charging speed of typical EVs. The car achieves 10 km per kWh efficiency and aims for a lifecycle carbon footprint of about 10 tonnes CO2e, representing a 50% reduction compared to typical European EVs. This is enabled by Shell's innovative thermal management fluid that cools the battery and powertrain more efficiently, allowing a smaller, lighter battery and faster charging without compromising battery life. Shell plans to integrate this technology into its broader EV offerings under the Shell Recharge brand, pushing sustainable electric mobility forward.
Goldman Sachs reports a rapid rise in electric vehicle (EV) sales, especially in China, could reduce global oil demand by 320,000 barrels per day by the end of 2027. EVs now make up 26.1% of passenger car sales globally, with China driving over 60% o...
Goldman Sachs forecasts that accelerating electric vehicle (EV) adoption, especially driven by China, could reduce global oil demand by up to 320,000 barrels per day by the end of 2027. EV sales now represent over a quarter of new car sales worldwide...
