The electrification of transport is a macro trend with a long-term impact on the oil demand. As gasoline cars age and consumers are incentivised to buy EVs, peak oil consumption could be insight. How is the electrification of transport disrupting oil and gas? The sales of EVs increased exponentially throughout 2021. Around 2 million EVs were sold, in Q1 2022 — an increase of 75% compared to Q1 2021. But that growth trend has...
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