India's Electrifying Journey Toward EV Adoption

India’s Electrifying Journey Toward EV Adoption

Long gone are the days when the electric vehicle (EV) “revolution” in India was considered mere buzz; the moment has clearly arrived. Sales of electric vehicles in India doubled in 2021 compared to 2019. Automotive players have made tremendous investments in setting up dedicated EV capacities, particularly in the two-wheeler segment. Numerous private players have also invested — and are continuing to invest — in infrastructure to support EV charging and/or battery swapping. Further, favorable policies by the central and state governments are creating an environment that will help drive EV sales. Against this backdrop, we provide an update on EV manufacturing, charging infrastructure, battery swapping, government policies and subsidies, and acceptance by Indian consumers.

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EV Charging How 4 Companies Managed to Disrupt the Industry banner

EV Charging: How Some Companies Managed to Disrupt the Industry

With gas prices continuing to hit record highs — and with the average per-mile cost of electricity for an EV currently less than half the average per-mile cost of gas, according to AAA — it’s no surprise that sales of electric cars are increasing. In fact, California became the first state to hit one million plug-in vehicles earlier this year. But despite such gains, there’s still one obstacle that’s hindering further growth.  

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The EU’s Emerging Power Generation Scenario

The EU’s Emerging Power Generation Scenario

The invasion of Ukraine has caused various EU governments to focus on the need to reduce their dependency on Russian gas. In a plan released in March 2022 (REPowerEU), a blueprint was laid out to gain energy independence from Russia while, at the same time, strengthening and accelerating the transition to net-zero. European policy officials affirm that the move toward energy independence will take effect at “lightning speed.”  

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Here’s How Countries Around the Globe Are Handling Used Oil

Here’s How Countries Around the Globe Are Handling Used Oil

While the quality of used oil is improving and benefitting both the re-refining industry and the environment in some regions (see our recent blog, Global Used Oil: What Are the Obstacles on the Road to Sustainability?), such is not the case globally. Many countries, such as Brazil, China, India, Germany, France, and Canada, consider used oil to be hazardous waste.  

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Global Used Oil What Are the Obstacles on the Road to Sustainability

Global Used Oil: What Are the Obstacles on the Road to Sustainability?

The quality of used oil is improving — a positive for both the lubricant industry and the environment. The lubricant industry’s shift toward higher-quality base oils, such as Group II and III, results in higher-quality used oil generated at the end of its service life. This, combined with better collection practices and infrastructure, gives rise to better-quality feedstock for re-refineries and improved re-refined products. At the same time, driven by the global focus on sustainability and a circular economy, interest in used oil is growing, especially with regard to re-refining it to base oils. 

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The 4 Most Significant Trends in the HDMO Market

The 4 Most Significant Trends in the HDMO Market

With the electrification of commercial fleets gathering increasing momentum, driven by market pull, sustainability initiatives, and regulatory support — and the same thing true for other transformative forces such as telematics and digitalization — the HDMO (heavy-duty motor oil) industry is in transition. Although these and other advancements have the potential to substantially reduce the consumption of HDMO, we expect to see a host of new market opportunities arise.  

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Everything You Need to Know About the Electric Truck Market banner

Everything You Need to Know About the Electric Truck Market (Including How Lubes Will Be Affected)

Electric trucks are currently enjoying the spotlight, thanks to partnerships being formed between OEMs and EV startups, automated microfactories where delivery vans and buses will be assembled by multitasking robots, and Mack Trucks’ launch of an all-inclusive VaaS program to help simplify the purchase process for its battery-electric truck. But what does this mean for EV lubricants? 

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GM Online Marketplace

GM Online Marketplace — 45,000 Parts Are Just a Few Keystrokes Away

General Motors has announced its new online marketplace, where customers can purchase any of the company’s 45,000 repair and maintenance parts through Chevrolet, GMC, Buick, and Cadillac’s websites. Further down the road, the auto giant plans to also offer customers the option of dropping over-the-air upgrades and subscription services into their digital shopping baskets — along with electric vehicles, with shopping, purchase, and finance options on the drop-down menu. 

 

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