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A Tesla Model S charges at a Tesla Supercharger station in Cabazon, California
Thomson Reuters




Speaking this week at the Bloomberg New Energy Finance conference in New York, Total SA�s
chief energy economist, Joel Couse, forecasted that EVs will make up 15 to 30 percent of global new vehicle sales by 2030.

Oil demand for transportation fuel see its �demand will flatten out,�
after 2030, Couse said. �Maybe even decline.�


Colin McKerracher, head of advanced transport analysis at Bloomberg New Energy Finance, sees nguồn chống nước Couse�s forecast as the highest EV sales margin yet to be forecasted by a major company in the oil sector.

�That�s big
,� McKerracher said. �That�s by far the most aggressive we�ve seen by any of the majors."


Automaker are feeling pressed by strict emissions reduction rules in Europe and China, with other markets like the U.S., Japan, and South Korea having similar standards.

Auto Shanghai has been a
showcase
for existing and startup automakers launching several EVs to the China market, with some of them ending up overseas.


It�s helping that lithium ion battery prices are dropping about 20 percent year, as automakers spend billions on electrifying their vehicle lineups. Volkswagen wants to see at least 25 percent of its vehicles sold in 2025 to be EVs. Toyota is moving toward selling zero fossil-fuel powered vehicles by 2050.

Another sign that the Total SA report carries some weight is the diverse and broad portfolio of EVs that automakers till be rolling out on the market soon.

�By 2020 there will be over 120 different models of EV across the spectrum,�
said Michael Liebreich, founder of Bloomberg New Energy Finance. �These are great cars. They will make the internal combustion equivalent look old fashioned.�

Royal Dutch Shell Plc sees a similar trend with oil demand in transportation flattening out in the near future. Chief Executive Officer Ben van Beurden said in March that oil demand may peak in the late 2020s. In November during an interview,
Shell CFO Simon Henry
said that demand is expected to peak in about five years.

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