
By 2040, hybrids are expected to account for about 35% of the global light-duty vehicle fleet, up from less than 1% in 2010. Hybrids are expected to account for about half of global new-car sales by 2040.

By 2040, hybrids are expected to account for about 35% of the global light-duty vehicle fleet, up from less than 1% in 2010. Hybrids are expected to account for about half of global new-car sales by 2040.
U.S. oil demand rose 4.9% year-on-year in November on signs of broader strengthening in the nation’s economy, the American Petroleum Institute said Thursday.
At 19.435 million barrels a day, demand in the world’s biggest oil consumer was the highest since December 2010.

Tesla launches China Web site, but don’t call it ‘Tesla’
Tesla Motors Inc. has launched a Chinese Web site to market its two electric car models in China, but a trademark dispute has forced it to be coy about its own name.
Deutsche Telekom and Telematics provider Un-Blinking Technologies (a division of SkyTrace Inc.) have launched a vendor-independent machine-to-machine (M2M) solution for vehicles in the USA based on iCar.
This telemetry solution creates an intelligent car with functionality tailored to the needs of both car dealers and their customers.

Robert Bosch, which has been driving the internet-of-things trend, is establishing a separate unit to make devices and objects talk to each other.