Not exact matches
This
growth is expected to be
fueled by
fleet telematics and
fleet management providers that are offering more affordable systems that many small
fleets are taking advantage of.
The world's car
fleet is set to triple by 2050 to two billion autos with 80 percent of that
growth coming from rapidly industrializing nations like India that currently do not have
fuel economy rules (although the fastest growing car market — China — has tougher regulations than the U.S.).
This paper illustrates a methodology to evaluate alternative national traffic
growth goals against greenhouse gas reduction goals, considering motor vehicle
fleet characteristics and
fuel policies.
Up until the mid-2020s demand
growth remains robust in the New Policies Scenario, but slows markedly thereafter as greater efficiency and
fuel switching bring down oil use for passenger vehicles (even though the global car
fleet doubles from today to reach 2 billion by 2040).