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. million light plug-in electric vehicles (PEVs) in the global light vehicle fleet. IHS Markit estimates that by 2025 light PEVs will displace about 0.9-1.1 In 2020, there were about 9.2 of world consumption.
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