Projected Global Transportation Demand to 2040 By Transportation Type




Source: ExxonMobile Outlook for Energy: A View to 2040


Note: “Heavy Duty” refers to commercial vehicles like large trucks and buses; “Light Duty” refers to passenger vehicles such as cars, SUVs and light trucks. With the advent of electric vehicles and more efficient internal combustion engines, ExxonMobile predicts the demand for gasoline and diesel fuel for light vehicles will begin to decline by 2030.

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