Big Oil Betting On Electric Vehicles
Green Car Congress
MAY 3, 2017
Speaking this week at the Bloomberg New Energy Finance conference in New York, Total SA’s chief energy economist, Joel Couse, forecasted that EVs will make up 15 to 30 percent of global new vehicle sales by 2030. In January, both companies joined a global hydrogen council that included Toyota, Liquide SA, and Linde AG. Electric cars only make up about 1 percent of global vehicle sales, so making it to 30 percent in the short-term future would be a huge leap.