Remove 2018 Remove Global Remove International Remove Market
article thumbnail

GlobalData: Government mandates and infrastructure investments to fuel EV growth globally

Green Car Congress

Global EV sales reached 7.7 million units in 2018, and are anticipated to reach 51.6 China is the largest EV market in the world, with annual sales of battery electric vehicles (BEVs) of five million units in 2022. Being an early adopter of EVs, China has numerous local and international companies offering a range of EV models.

Global 195
article thumbnail

IEA: global energy investment stabilized above $1.8T in 2018; security and sustainability concerns growing

Green Car Congress

Global energy investment stabilized in 2018, ending three consecutive years of decline, as capital spending on oil, gas and coal supply bounced back while investment stalled for energy efficiency and renewables, according to the International Energy Agency’s latest annual review. Global energy investment totalled more than US$1.8

2018 191
article thumbnail

Baker Institute team says fossil fuel subsidies need global reform

Green Car Congress

Fossil fuels still receive most of the international government support provided to the energy sector despite their “well-known environmental and public health damage,” according to new research from Rice University’s Baker Institute for Public Policy. Costs ranged from a low of 0.3% Subsidies remained sticky outside the G20 as well.

article thumbnail

Global study shows uneven urbanization among large cities in the last two decades

Green Car Congress

According to the latest report from the United Nations (UN), the global population in 2018 was 7.6 By 2050, the global population is expected to soar to 9.7 The country had undergone the biggest urban expansion in the period, between 2001 and 2018, its BUA increase accounted for 47.5% New York in US, Tokyo in Japan).

Global 433
article thumbnail

IEA: global energy demand rose by 2.3% in 2018, fastest pace in the last decade; CO2 emissions up 1.7%

Green Car Congress

last year, its fastest pace this decade, an exceptional performance driven by a robust global economy and stronger heating and cooling needs in some regions, according to the IEA. As a result, global energy-related CO 2 emissions rose by 1.7% to 33 Gigatonnes (Gt) in 2018. Energy demand worldwide grew by 2.3%

2018 207
article thumbnail

IEA: record oil output from US, Brazil, Canada and Norway to keep global markets well supplied

Green Car Congress

Oil production growth from the United States, Brazil, Canada and Norway can keep the world well supplied, more than meeting global oil demand growth through 2020, but more investment will be needed to boost output after that, according to the International Energy Agency’s latest annual report on oil markets. mb/d in 2017.

Brazil 218
article thumbnail

Eni report: global oil reserves and oil production up in 2018 due to US

Green Car Congress

In 2018, global oil reserves rose slightly (+0.4%), mainly due to growth in the US. 2018 recorded an overall growth in oil production of 2.5 2018 recorded an overall growth in oil production of 2.5 The US also broke into the international crude trade, doubling export volumes and entering that top ten ranking.