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Shell, Gordon Murray and Osamu Goto to develop new ultra-compact ICE city car

Green Car Congress

The car, intended to be a simple, practical global city car leveraging light-weight engineering, streamlining, and driveline efficiency, is scheduled to be unveiled in November 2015. Shell will design the motor oil that complements and enhances the overall efficiency of the vehicle. Together with the all-electric T.27

Cars 150
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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

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. Projected sales of light-duty vehicles by type. billion in 2040.

Energy 252
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Bank of America: Oil Demand Growth to Hit Zero Within a Decade, EVs the Culprit

Green Car Congress

By 2030, oil demand could hit a peak and then enter decline, according to a new report. For the next decade or so, oil demand should continue to grow, although at a slower and slower rate. According to Bank of America Merrill Lynch, the annual increase in global oil consumption slows dramatically in the years ahead.

Oil 306