Growth seen for electric vehicles, oil use

World News: . []

Demand for oil will grow through 2040 even as dominance of the internal combustion engine weakens in road transportation, according to base-case projections by IHS Market. But gasoline consumption will decline as fuel economy improves and as gasoline-fueled vehicles lose their share of new-vehicle sales, the firm says in research it calls Reinventing the Wheel.

 

Read More: http://www.ogj.com/articles/2017/11/growth-seen-for-electric-vehicles-oil-use.html

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