SAE Congress '08: Panel projects 20% diesel, 10% hybrid by 2020
During a panel discussion at the Society of Automotive Engineers World Congress in Detroit today, a group of industry executives projected that diesel engines with grab 20 percent market share in the US by the end of the next decade. BorgWarner CEO Tim Manganello also projected that hybrid powertrains would grab about ten percent of total sales in that same time frame. Toyota Engineering VP Ed Mantey and Ford Product Development VP Derrick Kuzak were were in agreement with those numbers. At their current rate, Toyota alone might be selling a pretty large percentage of those hybrids. While diesel engines are less expensive to produce than hybrids diesel, fuel prices are currently quite a bit higher than gasoline in the U.S. Increased availability of biodiesel in the coming decade may alleviate that problem. It's not clear what percentage of vehicles will end up in both categories as the 35mpg US CAFE standard approaches.
[Source: AutoWeek]
Reader Comments (Page 1 of 1)
why not the LS2LS7? 8:22PM (4/14/2008)
BioDiesel is cheaper than Diesel now?
Huh?
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rgseidl 10:56AM (4/15/2008)
You misread that. Soybean oil is very expensive and other sources of vegetable oil are limited in the US. The EIA doesn't track weekly wholesale biodiesel prices, but they do give an indication of the ratio of production costs.
http://www.eia.doe.gov/emeu/plugs/plbiodsl.html
Their most recent published data on actual biodiesel consumption is from 2005, when it was just 0.2% of that of petroleum diesel.
http://www.eia.doe.gov/cneaf/alternate/page/atftables/afvtransfuel_II.html#consumption
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Kevin Nugent 7:39PM (4/15/2008)
OKay who cares what these people think how about we just start driving phevs and call it a day ??
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