2016 Auto Industry Economy Oil Prices 
Green Car Congress
JULY 6, 2017
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). We see a momentous inflection point for the global auto industry in the second half of the 2020s.
Green Car Congress
FEBRUARY 3, 2015
million units, aided with increased auto finance penetration, fast dealership expansion and government vehicle scrappage programs. The size of the market contraction in Russia is the biggest wild card facing vehicle manufacturers across the European continent, if not the world, in 2015 and 2016.” Europe; Russia influences.
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