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HowardHughs

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HowardHughs

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Re: HowardHughs post# 8499

Saturday, 03/18/2023 4:32:01 AM

Saturday, March 18, 2023 4:32:01 AM

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The global market for internal-combustion vehicles peaked in 2017 and is now in "structural decline," Bloomberg New Energy Finance declared in a recent report.

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 in 2027,
https://www.greencarreports.com/news/1138993_combustion-vehicle-sales-peaked-in-2017-peak-oil-due-in-2027
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