Remove Energy Remove Gas-Electric Remove Personal
article thumbnail

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

Exxon Mobil Corporation’s new The Outlook for Energy: A View to 2040 , released last week, projects that global energy demand in 2040 will be about 30% higher than it was in 2010 as population grows to 9 billion and global GDP doubles. Light duty vehicle fleet by type and average fuel efficiency. Source: ExxonMobil Outlook.

Personal 408
article thumbnail

Study forecasts even with modest warming, global energy demand to increase by mid-century

Green Car Congress

A new study published in Nature Communications by researchers from IIASA, Boston University, and the Ca’ Foscari University of Venice found that by mid-century, climate change will increase the demand for energy globally, even with modest warming. The world is dependent on energy both for human wellbeing and society’s continued development.

article thumbnail

UC Davis researcher finds ride-hailing EVs offer triple the emissions benefits of a personally owned EV

Green Car Congress

Replacing a gasoline-powered ride-hailing vehicle with an electric vehicle can deliver three times the carbon benefits of a personally owned electric vehicle, according to a study by a University of California, Davis, researcher of Uber and Lyft data. The paper is published in the journal Nature Energy. Nat Energy (2020).

Davis 239
article thumbnail

ExxonMobil: diesel will surpass gasoline as the number one global transportation fuel by 2020

Green Car Congress

Diesel will surpass gasoline as the number one transportation fuel worldwide by 2020 and continue to increase its share through 2040, according to ExxonMobil’s recently published Outlook For Energy: A View To 2040. Declines of about 30% in the OECD are offset by the doubling of energy demand for personal vehicles in the non-OECD.

Gasoline 383
article thumbnail

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

Green Car Congress

Driven by increasing population, urbanization and rising living standards, the world will require some 35% more energy in 2040, according to ExxonMobil’s annual forecast report: Outlook for Energy: A View to 2040. Without the projected gains in efficiency, global energy demand could have risen by more than 100%. Transportation.

Oil-Sands 309
article thumbnail

ExxonMobil: global GDP up ~140% by 2040, but energy demand ~35% due to efficiency; LDV energy demand to rise only slightly despite doubling parc

Green Car Congress

As the world population increases by the estimated 30% from 2010 to 2040, ExxonMobil sees global GDP rising by about 140%, but energy demand by only about 35% due to greater efficiency. Even as demand increases, the world will continue to become more efficient in its energy use, according to the 2015 Outlook for Energy: A View to 2040.

Energy 252
article thumbnail

SAE New Energy Vehicle Forum: China’s focus on NEVs may have profound impact on future of transportation

Green Car Congress

China has a number of critical economic and environmental imperatives driving its pursuit of vehicle electrification, said the roster of plenary speakers at the SAE 2013 New Energy Vehicle Forum held in Shanghai this week. New energy vehicles is a relatively blue ocean. —William Russo, President and CEO, Synergistics.