Category FAQs Search : Electric Fuel

Question: Battery electric vehicles, hydrogen fuel cells and biofuels. Which will be the winner?

Answer: A highly developed road transport system for passengers and goods is an essential component
of all major industrial economies. Indeed, road transport activity and gross domestic product
(GDP) have historically shown a strong correlation, although a slight decoupling has been
observed in recent years in industrialised countries. Road transport is also responsible for a
significant and growing share of global primary energy consumption, a consequence of its
pervasiveness and high energy intensity. Future energy demand from road transport worldwide
is expected to continue growing steadily under a business-as-usual scenario, mainly driven by
economic development in large countries such as China and India

(Source: , 02 Sep 2021)

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