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BYD and UzAuto to form NEV production JV in Uzbekistan

Green Car Congress

Founded in 1995, BYD is a leading NEV (plug-in hybrids and battery-electric vehicles] manufacturer. It has more than 27 years of experience in battery research and development. Strong cooperations with other international enterprises on the development of vehicle electrification is part of the core business strategy.

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IEA World Energy Outlook view on the transport sector to 2035; passenger car fleet doubling to almost 1.7B units, driving oil demand up to 99 mb/d; reconfirming the end of cheap oil

Green Car Congress

Passenger light-duty vehicles (PLDVs) remain the single largest component of transport oil consumption, although shrinking from about 45% share today to 39% by 2035. Passenger light-duty vehicles. The largest increase in oil production comes from Iraq, followed by Saudi Arabia, Brazil, Kazakhstan and Canada. —WEO 2011.

Oil 247