The Fuels Institute, a nonprofit research organization dedicated to studying transportation energy, has rebranded itself as the Transportation Energy Institute. The change reflects how the market has evolved and the shift in focus to non-liquid options, according to a press release from the organization.
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"Meanwhile, the transportation industry itself has evolved and the term 'fuels' has come to be viewed by many key stakeholders as not as inclusive as it once was, suggesting to some a limited focus on liquid hydrocarbons rather than inclusive of all energy options," he continued. "Our Board recognized this shift in perception and determined that it was time to reflect that evolution in our brand to ensure our research is being received as a valuable resource by all decision makers as we continue to evolve and explore new avenues of global initiatives that impact both the consumer and industry objectives."
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The Transportation Energy Institute will continue its research under the new name. The organization will also continue the work published by its Electric Vehicle Council and Medium and Heavy-Duty Committee as well as support the ESG Integrity program. Future efforts may include other elements of the transportation sector, and there was a desire from the board for the brand to reflect that potential expansion and invite additional discussion, according to the release.
