Toyota Motor Europe Group Environmental Affairs Manager Willy Tomboy Thursday and logistics in the oil Tankbank meeting said that global oil production may peak in the years 2012-2015, and then began to decline.
Global peak oil production is increasingly approaching the possibility that this will stimulate the hybrid and electric vehicle development, improve fuel efficiency and find alternative fuels.
Tomboy said that although the current peak of oil production is still controversial, but there are many scientific publications that this could happen.
Current hybrid vehicles, Toyota Europe accounted for 5.3% of sales, but Toyota is expected to hybrid vehicles in 2030 will rule the automobile market.
Source: www.in-en.com Jun. 26, 2009
