By the end of 2018, electric cars and buses will displace 279,000 barrels a day. At the end of 2018, there are about 5 million electric cars.
Germany had a drop in diesel demand of 9% so far in 2018.
China is calling for the production of 2 million electric vehicles (EVs) a year by 2020, and 7 million a year by 2025. By 2025, electric vehicles would be 20% of total new car production for China.
China adding London Bus Fleet in electric buses every 5 weeks
Every five weeks, 9,500 brand new electric buses are added in China. This is th entire London bus fleet, says a new report by Bloomberg New Energy Finance.
The world has around 3 million buses. Most run on diesel and compressed natural gas. The global fleet of electric buses now totals around 385,000 vehicles – and 99% of those are in China. Half of the world’s buses could be electric by 2025. If the electric bus rollout sped up then almost all of the world’s buses could be electric by 2025.
Having all electric buses and a large number of short-haul electric trucks could offset 2.5 million barrels per day of oil by 2025 to 2030.
Wang is a prolific business-oriented writer of emerging and disruptive technologies. He is known for insightful articles that combine business and technical analysis that catches the attention of the general public and is also useful for those in the industries. He is the sole author and writer of nextbigfuture.com
, the top online science blog. He is also involved in angel investing and raising funds for breakthrough technology startup companies.
He gave the recent keynote presentation at Monte Jade event with a talk entitled the Future for You. He gave an annual update on molecular nanotechnology at Singularity University on nanotechnology, gave a TEDX talk on energy, and advises USC ASTE 527 (advanced space projects program). He has been interviewed for radio, professional organizations. podcasts and corporate events. He was recently interviewed by the radio program Steel on Steel on satellites and high altitude balloons that will track all movement in many parts of the USA.
He fundraises for various high impact technology companies and has worked in computer technology, insurance, healthcare and with corporate finance.
He has substantial familiarity with a broad range of breakthrough technologies like age reversal and antiaging, quantum computers, artificial intelligence, ocean tech, agtech, nuclear fission, advanced nuclear fission, space propulsion, satellites, imaging, molecular nanotechnology, biotechnology, medicine, blockchain, crypto and many other areas.