In 2013, Exxon Mobil , one of the three major international energy giants, predicted that by 2020, diesel will surpass gasoline and become the most popular fuel in transportation. One of the most important reasons is the rapid growth of global commercial vehicles . And light engine energy efficiency.
ExxonMobil said in its "Outlook for 2040" report that diesel engines will account for 70% of the total increase in transportation fuel by 2040. In the coming decades, the global demand for gasoline will remain basically the same, but demand for heavy-duty diesel vehicles will increase by 65% ​​in the next 27 years, and business transportation in developing countries will increase by 80%.
For hybrid and electric vehicles, ExxonMobil believes that the cost of this type of vehicle will be reduced to affordable levels by 2025, so their popularity will increase from 2025. By 2040, the global market will include 40% of hybrid vehicles, and the market share of plug-in hybrid vehicles and electric vehicles will only reach 5%.
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