ExxonMobil Outlook: 35% growth in energy demand by 2040; hybrids to account for ~50% of new vehicle sales
Green Car Congress
DECEMBER 15, 2013
ExxonMobil expects that by 2030, China will have surpassed the United States as the country with the largest number of personal vehicles, even though China’s vehicles per capita will be about one-third the level of the United States at that time. China will see the largest increase—more than 4 million oil-equivalent barrels per day.
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