Big Oil Just Woke Up to Threat of Rising Electric Car Demand
OPEC quintupled forecast for battery powered cars in last year Oil majors and automakers diverge on outlook for EVs The world’s biggest oil producers are starting to take electric vehicles seriously as a long-term threat. OPEC quintupled its forecast for sales of plug-in EVs, and oil producers from Exxon Mobil Corp. to BP Plc also
