IHS Markit: GM announcement latest sign that peak gasoline demand from light vehicles has already come and gone
Green Car Congress
FEBRUARY 18, 2021
When it comes to oil demand from light vehicles, it’s the latest sign that the 2019 peak is permanent. Previous IHS Markit research has projected that electric vehicles (including battery, plug-in hybrid and fuel cell electric) will comprise 60-80% of all new car sales in 2050 (compared to just 2.2% In 2020, there were about 9.2
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