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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%

Green Car Congress

Exxon Mobil Corporation’s new The Outlook for Energy: A View to 2040 , released last week, projects that global energy demand in 2040 will be about 30% higher than it was in 2010 as population grows to 9 billion and global GDP doubles. Growth is led by developing regions such as China, India, Africa and other emerging economies.

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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

Green Car Congress

As the world population increases by the estimated 30% from 2010 to 2040, ExxonMobil sees global GDP rising by about 140%, but energy demand by only about 35% due to greater efficiency. The Outlook for Energy provides ExxonMobil’s long-term view of global energy demand and supply. Click to enlarge. Outlook for Energy.

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ExxonMobil Outlook: 35% growth in energy demand by 2040; hybrids to account for ~50% of new vehicle sales

Green Car Congress

By 2040, hybrids are expected to account for about 35% of the global light-duty vehicle fleet, up from less than 1% in 2010. Hybrids are expected to account for about half of global new-car sales by 2040. Without the projected gains in efficiency, global energy demand could have risen by more than 100%. Source: ExxonMobil.

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Road Test: Ford 2023 Escape PHEV

Clean Fleet Report

The Natural Bridge to an EV Escaping the High Price of Fuel The natural bridge from a gasoline-powered car to an electric vehicle is a plug-in hybrid electric vehicle (PHEV). A 37-mile range EV Electric and Gasoline Power The 2023 Ford Escape PHEV is powered by a 2.5-liter Two gasoline engines—a 1.5-liter

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Road Test: 2021 Jeep Wrangler Unlimited Rubicon 4xe

Clean Fleet Report

Jeep global CEO Christian Meunier closed out 2021 by announcing his brand’s goal of becoming the “zero emission freedom brand,” with the Jeep Wrangler 4xe plug-in hybrid (PHEV) as its first example. The Jeep Wrangler 4xe PHEV is powered by two electric motors and a 2.0-liter liter turbocharged gasoline engine.

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Perspective: Drive Star Conversion Program Could Cut US Oil Use in Half by 2020

Green Car Congress

In a pre-response to that speech, having successfully advocated for plug-in hybrids like the forthcoming Chevy Volt, we propose that the President follow that speech up with a “realistic and conservative” roadmap to halve our oil use in 10 years. Oil is holding us all hostage, economically and physically. Finally, it’s time to begin.

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Electric Car Manufacturers Inspire New Paradigms -- Seeking Alpha

Tony Karrer Delicious EVdriven

Seeking Alpha Home The Macro View Stocks & Sectors Global Markets ETFs Investing Ideas Breaking News Transcripts Register | Login Email: Password: Forgot Your Password? Think is also working closely with the Brussel based Eurelectric , the European union of electricity industry. market b y the end of 2009. Think has established a U.S.