Why are oil majors investing in electric transport?
Comments
Like the auto industry, oil majors see the proverbial writing on the wall.
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Fereidoon Sioshansi
2 posts
Oil vs electricity: Which will prevail?
CommentsCompetition from EVs and electrified transportation will eat into the most profitable portion of the oil business, as part of a trend that will take electricity’s share of global energy consumption past that of oil by 2040, if not sooner.
