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BNEF forecasts EVs to hit 54% of new car sales by 2040; decreasing importance of PHEVs

Green Car Congress

Electric vehicles will make up the majority of new car sales worldwide by 2040, and account for 33% of all the light-duty vehicles on the road, according to a new forecast published by Bloomberg New Energy Finance (BNEF). This represents an aggressive jump compared to BNEF’s previous forecast of 35% EV new car market share by 2040.

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Toyota Plug In

Plug In Partners

Such plug-in hybrids can run longer as an electric vehicle than regular hybrids, and are cleaner. Event Summary Oil prices are at record highs. The overwhelming dependence of our cars and trucks on oil strains family budgets, threatens our national security and contributes to global warming.

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Expert panel report finds achieving 1M plug-in vehicles in US by 2015 would require concentrated action to overcome barriers

Green Car Congress

However, consumer demand for PEVs is quite uncertain and, barring another global spike in oil prices, may be limited to a minor percentage of new vehicle purchasers (e.g., early technology adopters and relatively affluent urban consumers interested in a “green” commuter car). Early Adopters vs. Mainstream Car Buyers.

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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

Under the central New Policies Scenario, automotive sales in non-OECD markets exceed those in the OECD by 2020, with the center of gravity of car manufacturing shifting to non-OECD countries before 2015. Short-term pressures on oil markets are easing with the economic slowdown and the expected return of Libyan supply. Click to enlarge.

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Cleantech Blog: Smart Grids and Electric Vehicles

Tony Karrer Delicious EVdriven

Cleantech Crunched Top 10 Low Carbon Footprint Cars (and one SUV) for. CDM Baby, CDM Ruminations on Vegas and NASCAR California Dreamin' ► February (16) Car Sharing and Saving in a Tough Economy Throwing down the gauntlet to Secretary Clinton Weather Does Not Equal Climate The Hub Lab Seeks Revolutionary New Energy Science.

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Bill aims to boost natural gas vehicles

Green Cars News

Speaking at a Press conference Menendez highlighted the problems of 2008 as an indicator of the problems that wild fluctuations in oil prices can cause, as well as the obvious problems that pollutants from dirty fuels cause for the environment.

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Can Electric Vehicles Speed Up As The Economy Slows Down?

Wallbox

This growth is no small feat considering overall car sales have been falling in the past two years. Furthermore, a BCG report from earlier this year even predicted EV sales to overtake internal combustion engine (ICE) car sales by 2030. Outside of Europe, the US and China have experienced a sharp decrease in overall car sales as well.

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