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ExxonMobil Outlook projects hybrids and advanced vehicles to account for nearly 50% of cars globally by 2040; fuel demand for for personal vehicles to peak and decline, while commercial transportation demand rises 70%

Green Car Congress

The vast majority will be hybrids that use mainly gasoline plus a small amount of battery power; these will make up more than 40 percent of the global fleet by 2040. Additionally, to achieve proposed fuel-economy targets, personal vehicles will need to be smaller and lighter than they are today. —ExxonMobil Outlook.

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BNEF: Oil price plunge to have only moderate impact on low-carbon electricity development, but likely to slow EV growth

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Earlier Bloomberg New Energy Finance analysis showed that, with gasoline at $2.09 per gallon, EV penetration in the US could reach 6% of the light-duty vehicle fleet by 2020, whereas with gasoline at $3.34, the EV share could be 9%. The share is less than 1% now. Oil at $60/barrel could mean a natural gas price as much as $0.90/MMBtu

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Toyota starts taking orders for soon-to-be-launched Prius PHV plug-in hybrid in Japan; targeting 35,000-40,000 units per year

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liter gasoline engine, electric motor and reduction gear) coupled with a high capacity, new 4.4 When using electricity generated from renewable energy such as solar or wind power, CO 2 emissions can be further reduced. Maximum motor torque. 207 N-m (153 lb-ft). System maximum output. 100 kW (134 hp). Battery type / capacity.

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EIA: light duty vehicle energy consumption to drop 25% by 2040; increased oil production, vehicle efficiency reduce US oil and liquid imports

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Among the more detailed transportation projections in AEO2014 are: LDVs powered by gasoline remain the dominant vehicle type in the AEO2014 Reference case, retaining a 78% share of new LDV sales in 2040, down from their 82% share in 2012. Personal air travel (billion seat-miles) grows by an average of 0.7% quadrillion Btu in 2012 to 2.7

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ExxonMobil Outlook: 35% growth in energy demand by 2040; hybrids to account for ~50% of new vehicle sales

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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. However, by 2040, China and India are expected to increase their levels by more than 500%.

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California ARB: GHG emissions fell below 1990 levels for first time in 2016; down 13% from 2004 peak; transportation emissions up 2%

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The California Air Resources Board (CARB) announced that greenhouse gas emissions in California in 2016 fell below 1990 levels for the first time since emissions peaked in 2004—a reduction roughly equivalent to taking 12 million cars off the road or saving 6 billion gallons of gasoline a year.

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DOE ARPA-E awards $156M to projects to 60 projects to accelerate innovation in clean energy technologies

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for High Power Wind Generators The University of Houston will develop a new, low-cost. superconducting wire that can be used in future advanced wind turbine generators. used to make a wind turbine generator lighter, more powerful, and more efficient. has traditionally been too expensive to use in wind generators.

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