By 2040, electric vehicles will dominate sales, reducing oil demand by 13 million barrels per day
Passenger car sales from ice have already reached a peak, and this development will have wide implications not only for the automotive sector, but also for oil and gas, metals…

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How Volkswagen is preparing to enter the market of electric vehicles series I. D.
In the Volkswagen showroom, near Wolfsburg, gathered about 5,000 dealers from all over Europe (Germany, Hungary, Austria) to witness the preparation of the company to enter the world market of…

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Tesla history in 5 minutes: learn all about the company Elon Musk
The network has a 5-minute video in animated form from Visual Capitalist and Global Energy Metals about the history of Tesla since the company's inception to the present day. The…

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emerging markets

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

By 2040, electric vehicles will dominate sales, reducing oil demand by 13 million barrels per day

Passenger car sales from ice have already reached a peak, and this development will have wide implications not only for the automotive sector, but also for oil and gas, metals and mining companies.

According to new research, electric vehicles should account for more than half of global passenger car sales by 2040 and completely dominate the bus market.

Sales of diesel and gasoline vehicles will continue to decline, according to Bloomberg NEF Electric Vehicle Outlook 2019 forecast. Continue reading

First critics were the capabilities of the Tesla electric truck Semi
A study by Transport and Environment, a consortium of European environmental organizations, compared energy consumption and the environmental impact of conventional diesel trucks and their all-electric counterparts. Two different diesel…

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The reasons why electric cars are better than hydrogen cars are named
The fuel cell vehicles despite its apparent efficiency and environmental friendliness — are doomed. This is mainly due to the emergence of stronger competitors among electric vehicles. This opinion was…

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Problems of using electric vehicles in winter and their solutions
Lithium-ion batteries are very sensitive to temperature. At the same time they are equally bad tolerate extremely high and too low temperature, because when it gets very cold, the electrolyte…

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