Bank of America: Oil Demand Growth to Hit Zero Within a Decade, EVs the Culprit
Green Car Congress
FEBRUARY 7, 2019
Any major disruption to cobalt today would likely curb EV proliferation in the early 2020s, in turn supporting long dated crude oil prices,” Bank of America Merrill Lynch warned. There are a long list of other uncertainties that complicate such medium- and long-term forecasting. The EV market is also rife with uncertainty.
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