Oct 03: For an oil & gas supplier, it is important to keep track of how the transportation sector demand for fuels is going to shape up in the future.
8What is certain is that over the next 12 years, the automobile and truck industries will diversify their powertrains considerably. Besides internal combustion engine (ICE) vehicles, popular automobiles will more than likely include plug-in hybrid electric vehicles (PHEVs), fully battery-powered electric vehicles (BEVs), and fuel cell electric vehicles (FCEVs) running on hydrogen.
8A detailed analysis is carried here that compares the latest total cost of ownership (TCO) for each type of fuel and powertrain as of today and projected through 2030.
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