What is the difference between electric vehicles and hybrids or plug-in hybrids
Electric vehicles that you can buy are a relatively new product on the market. Hybrid cars that combine a conventional petrol or diesel engine with an electric motor have been…

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World automakers see China as their launching pad for electric vehicles
This week, some of the world's largest automobile companies presented their flagship electric vehicles at the Shanghai motor show. Many of these electric cars will only be available in China,…

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What is the price of switching to electric cars?
Millions of European workers are concerned about their prospects due to the unpopularity of cars with ice, because their production will be reduced, and at the same time will decrease…

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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

Why is little Norway leading the world in the use of electric vehicles?
Almost 60% of new cars sold in Norway in March 2019 were fully electric. Record statistics regarding Norway and electric vehicles show that the Scandinavian nation hopes to stop selling…

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Experts have predicted 3 major evolutionary changes in the automotive industry by 2030
Cars will change in the next decade more than in the last century. And that's probably a good thing, because cars account for a significant share of global carbon dioxide…

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Electric cars are a triple win for climate, clean air and the economy
The production of electric vehicles is still more expensive than the production of their gasoline competitors, but policy changes and market expansion can quickly change in favor of electric vehicles.…

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