Q47 - Energy Forecasting - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-29T15:57:25+00:00Outlook for Electric Vehicles and Implications for the Oil Market
https://www.bankofcanada.ca/2019/06/staff-analytical-note-2019-19/
The market for electric vehicles (EVs) is growing rapidly. Subsidies and technological improvements are expected to increase the market share of EVs over the coming decade. In its base-case scenario, the International Energy Agency (IEA) expects EV use to rise from 4 million vehicles in 2018 to 120 million by 2030, or from 0.3 per cent to over 7 per cent of the global car fleet.2019-06-10T13:32:50+00:00enOutlook for Electric Vehicles and Implications for the Oil Market2019-06-10