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Electric cars to account for 64 per cent of car sales by 2030

Green Cars News

It is the first study to forecast the adoption rates of electric vehicles with pay-per-mile service contracts that finance the cost of the battery. Pay-per-mile service contracts eliminate the additional upfront costs traditionally associated with electric cars. light-vehicle fleet by 2030.

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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

This trend is driven by major improvements in fuel economy in many countries, especially in the largest car markets in the United States, China, Europe and Japan. PLDV demand for oil is based on four factors, according to WEO 2011: the rate of expansion of the fleet; average fuel economy; average vehicle usage; and.

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