Peak Oil and Plug-in Vehicles

Oil output (crude plus condensate or C+C) is likely to peak by 2020 (or may have peaked already in 2015 or 2016). Electric Vehicles (EVs) and Plugin hybrid electric vehicles (PHEVs) may allow about 40% of current oil consumption to be substituted with electricity, under the simplifying assumption that the use of oil based fuels […]

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