Oil Demand for Transport: Stronger for Longer
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The Future of Electric Vehicles and Oil Demand
This chapter delves into the innovations and challenges surrounding electric vehicles (EVs) and hybrid technology, highlighting personal experiences and broader implications for energy and emissions. It examines the contrasting dynamics of developed and developing markets, discussing the influence of government regulations and the future of transportation amidst evolving mobility needs. Additionally, the chapter forecasts oil demand trends for light and heavy-duty vehicles, addressing complexities in transitioning to cleaner alternatives.
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