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ExxonMobil: global GDP up ~140% by 2040, but energy demand ~35% due to efficiency; LDV energy demand to rise only slightly despite doubling parc

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This geographically diverse group comprises Brazil and Mexico in the Americas; South Africa and Nigeria in Africa; Egypt and Turkey in North Africa/Mediterranean; Saudi Arabia and Iran in the Middle East; as well as Thailand and Indonesia in Asia. Click to enlarge. Outlook for Energy. The OECD represents the developed economies.

Energy 252
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ExxonMobil Outlook projects hybrids and advanced vehicles to account for nearly 50% of cars globally by 2040; fuel demand for for personal vehicles to peak and decline, while commercial transportation demand rises 70%

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Growth is led by developing regions such as China, India, Africa and other emerging economies. ExxonMobil expects that by 2040, hybrids and other advanced vehicles will account for nearly 50 percent of light duty vehicles on the road, compared to only about 1 percent today. L/100 km) by 2040. L/100 km) by 2040. billion units.

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