But one often - overlooked fact is that passenger cars represent only a relatively minor share of global oil demand growth. (iea.org)
However, recent encouraging data about global oil demand growth is making some observers and players in the industry more bullish on oil prices. (oilprice.com)
«Despite the progress so far, electric vehicles still have a long way to go before reaching a scale that would make a significant dent in global oil demand growth and greenhouse gas emissions,» said Dr Fatih Birol, the executive director of the International Energy Agency. (iea.org)