BNEF reported in 2021 that global internal-combustion car sales had already peaked, but didn't mark that peak with a precise year.It now also predicts that oil demand for transportation will peak ...

Although we have more oil available to us than ever before, the term peak oil has stuck around. ... Experts have predicted EVs will make up between half and two-thirds of all car sales by 2030.

Peak Oil Is Near, Energy Agency Says, but Climate Change Is Far From Solved. ... By 2030, electric cars would make up 65 percent of new sales globally and the amount of wind, ...

For more than a century, two trends in global transportation have been relentless: humanity’s desire for more cars and the consumption of ever-more oil to fuel them. The second part, at least ...

In a J.P Morgan report sent to Rigzone recently, which outlined the company’s oil outlook over 2024 and 2025, the company noted that it doesn’t see peak oil demand on the horizon and added ...

So, she’s skeptical that forecasts of peak oil demand are anywhere near accurate. “They’re just saying, if X, Y and Z happen, you’re going to see this, or if A, B, and C happen, you’re ...

Global demand for oil just keeps growing. It’s only fallen once in the past dozen years — in 2020, at the start of the COVID-19 pandemic. After that, it roared back. But as the world continues ...

Electric-powered heavy trucks are rapidly gaining market share in China, driven by subsidies and the quick rollout of chargers, further curbing diesel usage and denting oil demand from the world's ...

In its World Oil Outlook 2050 report published Thursday, the Organization of the Petroleum Exporting Countriues left its forecasts for 2025 global oil demand growth unchanged at 105 million barrels ...

According to CNEV Post, Chinese new car buyers are now choosing "new energy vehicles" (NEVs, meaning battery-electric and plug-in hybrid cars) at a rate of 37.8%, a percentage which has rocketed ...