How EVs are changing the future of oil demand - IEA

Despite near-term challenges in some markets, the uptake of electric vehicles (EVs) globally remains strong. Last year, about 20% of new cars sold worldwide were electric – and that share is expected to continue to rise. Based on today’s policy settings by governments around the world, EVs’ market share is set to grow nearer to 50% by 2030 and beyond it soon after.

Excerpt:  Link to full IEA report:  https://sg-mktg.com/MTcyOTQ4MzUxNnx2ZGRjV0xoVy1oRDJIaE9CYTczSDUyT1A...