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