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
NOVEMBER 13, 2011
The passenger vehicle fleet doubles to almost 1.7 Providing the recharging infrastructure will require roughly an additional $50 billion. 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. billion in 2035.
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