EV Boom Could Slash Oil Demand to 99M bpd by 2040: WoodMac
WoodMac report predicts EV growth driven by oil shocks, high fuel prices, and Chinese battery tech could cut global oil demand to 99M bpd by 2040, boosting EV adoption in US and Europe.
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WoodMac report predicts EV growth driven by oil shocks, high fuel prices, and Chinese battery tech could cut global oil demand to 99M bpd by 2040, boosting EV adoption in US and Europe.