Remove 2016 Remove China Remove Oil Prices Remove PHEV
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BNEF forecasts EVs to hit 54% of new car sales by 2040; decreasing importance of PHEVs

Green Car Congress

Under the new forecast, EVs will displace 8 million barrels of transport fuel per day and add 5% to global electricity consumption (1,800 TWh by 2040 up from 6TWh in 2016). The engineering complexity of PHEV vehicle platforms, their cost and dual powertrains make BEVs more attractive over the long-run, BNEF said.

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EIA Energy Outlook 2013 reference case sees drop in fossil fuel consumption as use of petroleum-based liquid fuels falls; projects 20% higher sales of hybrids and PHEVs than AEO2012

Green Car Congress

Increased sales for hybrids and PHEVs. Because quickly rising natural gas production outpaces domestic consumption, the United States will become a net exporter of liquefied natural gas (LNG) in 2016 and a net exporter of total natural gas (including via pipelines) in 2020. quadrillion Btu in 2011 to 14.0 than in AEO2012.

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Perspective: Toyota Prius Recall Is Only a Bump in the Road in the Move Toward Electrification

Green Car Congress

PRTM believes that the worldwide tipping point in HEV, PHEV and EV acceptance, whereby these vehicles become a major part of the automotive powertrain portfolio, will likely occur in the next few years. OEMs see the strategic need to develop and offer HEV, PHEV and EV vehicles—above and beyond simply complying with regulations.

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Near-Term Prospects for Automotive Li-ion Batteries: 21% of Hybrid and EV Market by 2011

Green Car Congress

As one example of factors contributing to that decision, a survey of projected oil prices returned values between $30 and $250 a barrel, he said.). PHEVs (blended 10-mile strategy), extended range electric vehicles (40-mile AER) and full EVs begin to make economic sense when gasoline is at about $10/gallon US.

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