stringent
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
stupid
cylinders
automakers
pressure
products
pollution
electric
performance
motorways
anticipating
maintenance
conventional
strange
buttons
statistics
combustion
system
companies
establishment
transport
vehicles
revolutionize
discounts
customer
market
engines
batteries
status
number
competition
electrification
response
stations
associated
mentioned
systems
development
determine
problems
configuration
consumption
generation
determining
rechargeable
per year
respectively
excellent
dangerous
environmental
expensive
chocolate
industry
government
type
holes
computer
sales
portable
steadily
European
individuals
switches
crossovers
climatic
worldwide
operation
drivetrain