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Big Oil Betting On Electric Vehicles

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Speaking this week at the Bloomberg New Energy Finance conference in New York, Total SA’s chief energy economist, Joel Couse, forecasted that EVs will make up 15 to 30 percent of global new vehicle sales by 2030. Oil demand for transportation fuel see its “ demand will flatten out ,” after 2030, Couse said. These are great cars.

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BNEF forecasts EVs to hit 54% of new car sales by 2040; decreasing importance of PHEVs

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Electric vehicles will make up the majority of new car sales worldwide by 2040, and account for 33% of all the light-duty vehicles on the road, according to a new forecast published by Bloomberg New Energy Finance (BNEF). This represents an aggressive jump compared to BNEF’s previous forecast of 35% EV new car market share by 2040.

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BNEF forecasts EVs to be 35% of global new car sales by 2040; cost of ownership below conventional-fuel vehicles by 2025

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A new study by Bloomberg New Energy Finance (BNEF) forecasts that sales of electric vehicles will hit 41 million by 2040, representing 35% of new light duty vehicle sales worldwide. BNEF will discuss its EV forecast in detail at its upcoming annual BNEF Summit in New York in April.

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BNEF: net-zero road transport by 2050 still possible, but big push needed

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A big push is needed from governments, automakers, part suppliers and charging infrastructure providers in the years ahead. The Long-Term Electric Vehicle Outlook outlines two scenarios for the uptake of electric transport to 2050, and examines impacts on demand for batteries, materials, oil, electricity, infrastructure and emissions.

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BNEF: E-buses to surge even faster than EVs; supply of cobalt potential risk to the pace of growth

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The latest long-term forecast from Bloomberg New Energy Finance (BNEF) shows sales of electric vehicles (EVs) increasing from a record 1.1 Source: Bloomberg New Energy Finance. BNEF forecasts that in 2030, EVs will make up 44% of European light-duty vehicle sales, 41% of those in China, 34% in the U.S., and 17% in Japan.

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Opinion: Oil Megaprojects Won’t Stay On The Shelf For Long

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One casualty of the oil price downturn could be the megaproject. For years, as conventional oil reserves depleted and became increasingly hard to find, oil companies ventured into far-flung locales to find new sources of production. The collapse of oil prices, however, could kill off the megaproject.

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Navigant Research forecasts new EV global sales of > 346,000 units in 2014; 10 predictions for the year

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Too, the planned expansion of the supercharger network in North America to address charging infrastructure concerns will require at least $62 million. in North America between 2014 and 2022, according to data from Navigant Research’s Electric Vehicle Market Forecasts report. Wireless charging moves from the lab to the street.

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