If you have been a follower of plug-in vehicle sales in the United States this year, then you knew this month was coming – the bottom of the barrel as it were. Compared to a year ago, August 2015 is EV sales-armageddon!
Put another way, with only the last inventory scraps of the first generation Chevrolet Volt, Toyota Prius PHV, and now obsolete Nissan LEAF left on lots to compete against a strong August of 2014 – it was a total comparative bloodbath.
For August, an estimated 8,972 plug-ins where sold, a slight gain over July, but significantly off 25% from the ~12,172 moved a year ago.But, according to the linked article, sales will jump come September.
August, 2015, sales: 8,972
August, 2014, sales: 12,172
As usual, a lot of attention to EVs and intermittent energy, but in the big scheme of things, not a lot going on.
Russia? Doing Just Fine, Thank You -- Bloomberg
Bloomberg/Rigzone is reporting:
At a time when the collapse in crude prices pushes Russia’s economy into a recession, the nation’s oil producers are managing to beat their western counterparts. On measures including cash flow, profit margins and share prices, OAO Rosneft, Lukoil PJSC -- Russia’s two largest oil producers -- and OAO Gazprom Neft are performing better than Royal Dutch Shell Plc, BP Plc or Exxon Mobil Corp.