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
DECEMBER 11, 2011
Additionally, to achieve proposed fuel-economy targets, personal vehicles will need to be smaller and lighter than they are today. Because of that, demand for energy for personal vehicles will remain essentially flat through 2040 even as the number of personal vehicles in the world doubles to about 1.6 —ExxonMobil Outlook.
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