for Electric Vehicles
Although overall car sales in the U.S. are now in a “post-peak” era and likely to stagnate, EV purchases are expected to rise significantly in the coming decades.
Given the natural synergies between autonomous vehicles and EVs, the growing interest and recognition of self-driving cars will spur a greater acceptance of electrification.
BNEF projects electric vehicles to account for 50 percent of total vehicle sales in 2040, a roughly 15 percentage point upward revision from its 2016 forecast.
The absence of federal policy on autonomous vehicles is now at the point where it’s beginning to be problematic: The state-by-state regulatory patchwork that many stakeholders have cautioned against has materialized.
While India is making a concerted effort to implement reform in its transportation sector, it is far behind other countries in putting EVs on the road. Despite the government's best intentions, India's oil demand should double by 2040.
Experts: In the chicken-or-the-egg conundrum between EVs and charging infrastructure, autonomous vehicles are the "rooster." Can regulators keep up?
In a side panel removed from the conference’s primary keynotes, transportation experts laid out a very different vision for the future of mobility, expressing confidence that—at least in urban centers—a shift towards efficient, autonomous, electric vehicles is a matter of when, not if.
SAFE's Fact Pack summary for Q4 looks at recent trends in oil market fundamentals and transportation while also focusing on how American innovation can help job growth in the transportation and domestic energy sectors, a key development that will lessen the country’s dependence on OPEC imports.
Despite EV sales growing at a rapid clip in China, oil demand there is still expected to rise by more than 60 percent in the next couple of decades.
December 2016 EV sales surpassed the previous monthly record set in September by an enormous 44 percent.