ExxonMobil predicts peak in light-duty vehicle liquid fuels ~2030, but ongoing role for oil in the mix
Green Car Congress
FEBRUARY 5, 2018
Rising incomes will increase demand for personal mobility in the form of cars and motorcycles, the report projects. Motorcycles, which offer a lower-cost entry point to personal mobility, will see particularly high ownership in Asia Pacific, although the region will also lead significant growth in car ownership. C scenarios to 2040.
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