> China’s gasoline demand is estimated to have fallen 9% in October on the year to 12.5 million tons, with average daily use roughly flat with September, according to Chinese consultancy Sublime China Information (SCI).
> Gasoline consumption in the world’s biggest importer of crude peaked in 2023 and the research unit of state oil company Sinopec expects demand to fall more than 4% this year from 2024.
> During the first nine months of the year, EVs and hybrids made up almost half of all new car sales.
Sounds like progress
All those EVs on the electric grid now and they still manage to reduce coal and gas use in 2025!
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> China’s gasoline demand is estimated to have fallen 9% in October on the year to 12.5 million tons, with average daily use roughly flat with September, according to Chinese consultancy Sublime China Information (SCI).
> Gasoline consumption in the world’s biggest importer of crude peaked in 2023 and the research unit of state oil company Sinopec expects demand to fall more than 4% this year from 2024.
> During the first nine months of the year, EVs and hybrids made up almost half of all new car sales.
Sounds like progress
All those EVs on the electric grid now and they still manage to reduce coal and gas use in 2025!
Pretty massive change going on there…
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