The Electric Car and Britain

Viac o knihe

The paper discusses the anticipated doubling of global motor vehicle numbers to 1.8 billion by 2020, primarily due to growth in China and India. It highlights the significant fluctuations in crude oil prices, which have correlated with a rapid increase in vehicle growth rates exceeding 40% annually in Asia. The rising demand for mobility raises concerns about the depletion of oil reserves, projected to reach a critical point in about a decade. Additionally, it notes Great Britain's historic shift to becoming a net oil importer in 2005.