Combustion road vehicles and Internal combustion engines and gensets

Energy flows from internal combustion engines and gensets to combustion road vehicles; their prices have moved together.

Combustion road vehicles (energy) and Internal combustion engines and gensets (energy): 2 relationships.

How they are linked

1. Energy flow

Physical flow · 81% of flow · Internal combustion engines and gensets → Combustion road vehicles

Petrol and diesel engines drive most road vehicles.

• 81% of Internal combustion engines and gensets's energy goes this way

2. Price link: powertrain

Cost and price · Moderate · Both ways

The engine is one of the costliest parts of a combustion car. Monthly moves hardly correlate, but yearly moves correlate at 0.43, showing that engine and vehicle prices share a slow US manufacturing cost trend.

• -0.04 monthly change correlation
• 0.43 12-month change correlation
• 0.83 fitted elasticity

Built from the site data on production routes, energy flows, industry value chains, input-output tables and prices.