Remove Gasoline-Electric Remove Mariner Remove Oil-Sands Remove Wind
article thumbnail

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

Green Car Congress

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.

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

Wind, solar and biofuels are expected to be the fastest-growing energy sources, increasing about 6% a year on average through 2040, when they will be approaching 4% of global energy demand. The Outlook for Energy identifies a significant evolution in the trade of oil and other liquids. l/100 km) in 2040, compared to about 25 mpg (9.4

Energy 252