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ExxonMobil: global GDP up ~140% by 2040, but energy demand ~35% due to efficiency; LDV energy demand to rise only slightly despite doubling parc

Green Car Congress

Significant growth in the global middle class, expansion of emerging economies and an additional 2 billion people in the world will contribute to a 35% increase in energy demand by 2040, according to ExxonMobil’s latest Outlook for Energy report. The OECD represents the developed economies. Click to enlarge. Outlook for Energy.

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Tata Takes On Air

Plug In Partners

The cost of a fill up is approximately $2.00. clip Unfortunately, the streets of North America may never see the Air Car, though; it's light-weight, glued-together fiberglass construction might not do so well in our crash tests. Nègre has signed deals to bring its design to 12 more countries, including Germany, Israel and South Africa.

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BNEF: producing battery materials in the DRC could lower supply-chain emissions and add value to the country’s cobalt

Green Car Congress

Electric vehicles represent a $7 trillion market opportunity between today and 2030, and $46 trillion between today and 2050, according to the new report, “ The Cost of Producing Battery Precursors in the DRC ”, launched at the DRC-Africa Business Forum 2021. —Ashish Sethia, global head of commodities at BNEF. Adesina.

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We Need More Than Just Electric Vehicles

Cars That Think

The total cost of purchasing and driving one—the cost of ownership—has fallen nearly to parity with a typical gasoline-fueled car. We then used results from a model of the global economy to allocate a portion of this global budget specifically to the U.S. fleet of light vehicles. EVs have finally come of age.