Observations on the current happenings in the world of vehicles and the fuels that power them from Fuels Institute Executive Director, John Eichberger.
Fall Back Down
In April 2020, the SAAR dropped to 9.09 million – its lowest level since December 1981! (The lowest it reached during the Great Recession was 9.22 in February 2009.) The implications seemed devastating. Fortunately, the industry has rebounded quite a bit since April and in August the SAAR was back to 15.2 million. But again – what vehicles were people buying during the COVID pandemic?
I’ll Be Around
Even though electric-drive vehicles are the up and comer technology and will play a significant role in the market in the near future, when we consider that the overwhelming majority of drivers continue to rely upon liquid forms of energy, it seems the attention paid to electricity is disproportionate.