According to estimates, China could reach its peak in crude oil imports in 2027, partly due to the rising number of electric and hybrid vehicles, three years earlier than the forecast set for global oil demand peaking.
London, England’s capital, is looking to convert its fleet of around 9,000 buses to zero-emissions models by the end of the decade, as grid investment in the United Kingdom is expected to rise to $13.2 billion by 2026.