Big Oil Betting On Electric Vehicles
Green Car Congress
MAY 3, 2017
Oil demand for transportation fuel see its “ demand will flatten out ,” after 2030, Couse said. Colin McKerracher, head of advanced transport analysis at Bloomberg New Energy Finance, sees Couse’s forecast as the highest EV sales margin yet to be forecasted by a major company in the oil sector. Royal Dutch Shell Plc sees a similar trend with oil demand in transportation flattening out in the near future. Electric (Battery) Forecasts Oilby Jon LeSage for Oilprice.com.