ExxonMobil Outlook: 35% growth in energy demand by 2040; hybrids to account for ~50% of new vehicle sales
Green Car Congress
DECEMBER 15, 2013
The growth reflects an expected 90% increase in electricity use, led by developing countries where 1.3 billion people are currently without access to electricity. Over the same period, electric and plug-in vehicles are expected to grow to about 70 million cars, or less than 5 percent of the total fleet. Transportation.
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