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EIA projects global conventional gasoline and diesel LDV fleet will peak in 2038

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In the US Energy Information Administration’s (EIA’s) International Energy Outlook 2021 , released earlier this month, the EIA forecast that the global light-duty vehicle (LDV) fleet will grow from 1.31 EIA projected that electric vehicles (EVs)—any LDV with a charging plug—will grow from 0.7%

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IHS Markit: average age of cars and light trucks in US rises to 12.1 years

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New research from IHS Markit shows that the average age of light vehicles in operation (VIO) in the US has risen to 12.1 The ongoing microchip shortage is expected to continue to challenge new vehicle production volumes through the fourth quarter 2021, but rounding out the year, IHS Markit expects US light vehicle sales to reach 16.8

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BMW previews future 7 Series, battery-electric i7

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A few weeks before its world premiere and during the BMW Group Annual Conference, Frank Weber, Member of the Board of Management of BMW AG for Development, presented a few details about the coming new BMW 7 Series, including the new all-electric BMW i7. The all-electric BMW i7 is also the most powerful BMW 7 Series. —Frank Weber.

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IHS Markit: US gasoline demand could be cut almost in half due to COVID-19

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A sudden drop in miles traveled by car in the US triggered by wide-spread social isolation measures will have immediate ramifications for gasoline demand. IHS Markit analysis finds that US gasoline demand could fall by as much as 4.1 The four-week average US gasoline demand for the week ending 6 March 2020 was 9.1 million units.

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Navigant forecasts global road transportation energy consumption to increase 25% by 2035; 84% from conventional fuels

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In a new report ( Transportation Forecast: Global Fuel Consumption ), Navigant Research forecasts total road transportation energy consumption will grow from 81.1 gasoline and diesel) represent the bulk of energy consumption throughout the forecast period. Electricity and hydrogen will together account for less than 0.5%

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Navigant forecasts MHD vehicle market to nearly double by 2035 with declining share of conventional engines; gases win out over electricity

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The number of medium- and heavy-duty vehicles (MHDVs) in use worldwide will nearly double between 2014 and 2035, according to a new forecast report by Navigant Research. Navigant projects that annual MHDV sales will grow throughout the forecast period at a compound annual growth rate (CAGR) of 2.4%. of the market in 2014 to 11.2%

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Navigant forecasts plug-in and fuel cell vehicles to be 2.5% of all vehicles in use in 2035; global parc of >2B vehicles

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million new light-duty vehicles (LDVs) will be sold globally in 2014, putting more than 1.2 The company forecasts that annual LDV sales will grow to 126.9 over the forecast period—i.e., over the forecast period—i.e., —“Transportation Forecast: Light Duty Vehicles”.

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