introduction
BNEF: by 2040, almost 60% of new car sales will be electric
According to estimates by Bloomberg sales of fuel and vehicles has already peaked, and perhaps never more to rise, because the price of batteries fell. The increase in the number of electric vehicles, in turn, means that the peak demand for oil can come in just 10 years.
According to a new Bloomberg NEF report, oil demand is projected to peak in 2028 for passenger cars and in 2035 for commercial vehicles. The rapid growth in electric vehicle sales will cause a slowdown, a peak, and then a drop in oil consumption. Oil prices and the cost of investment in oil companies will fall. Continue reading
development
customer
environmental
operation
revolutionize
portable
transport
market
associated
number
performance
buttons
system
determining
electric
worldwide
engines
respectively
stations
individuals
rechargeable
establishment
vehicles
status
crossovers
expensive
pollution
excellent
competition
batteries
electrification
government
climatic
generation
strange
products
European
cylinders
discounts
motorways
consumption
sales
combustion
determine
pressure
conventional
maintenance
switches
industry
response
type
per year
drivetrain
holes
dangerous
automakers
steadily
problems
chocolate
companies
configuration
stupid
anticipating
systems
statistics
computer
mentioned