BIG OIL JUST WOKE UP TO THREAT OF RISING ELECTRIC CAR DEMAND

THE WORLD'S BIGGEST OIL PRODUCERS ARE STARTING TO TAKE ELECTRIC VEHICLES SERIOUSLY AS A LONG-TERM THREAT.

OPEC SAID IN ITS OIL MARKET REPORT ON WEDNESDAY THAT ELECTRIC VEHICLE SALE TARGETS COULD DAMPEN DEMAND IN SOME PARTS OF ASIA AS SOON AS 2018.

While the oil producers' outlook isn't nearly as aggressive as BNEF's, the numbers indicate an acceleration in the number of EVs likely to be in the global fleet.

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...

THIS IS AN AGGREGATED SUMMARY. READ THE FULL ARTICLE

Article ID: 172439 Date: 15th July, 2017 Social Shares: 6015
Meta: Complete Last Checked: Never

Social Shares:

  • 2036 shares when found, 15th July, 2017.
  • 2228 shares 0 d, 02 hrs later.
  • 2382 shares 0 d, 04 hrs later.
  • 2534 shares 0 d, 08 hrs later.
  • 2682 shares 0 d, 10 hrs later.
  • 2867 shares 0 d, 12 hrs later.
  • 3115 shares 0 d, 16 hrs later.
  • 3188 shares 0 d, 18 hrs later.
  • 3271 shares 0 d, 20 hrs later.
  • 3374 shares 1 d, 00 hrs later.
  • 3471 shares 1 d, 05 hrs later.
  • 3877 shares 1 d, 09 hrs later.
  • 4071 shares 1 d, 13 hrs later.
  • 4214 shares 1 d, 17 hrs later.
  • 5990 shares 8 d, 22 hrs later.
  • 5996 shares 9 d, 02 hrs later.
  • 5999 shares 9 d, 06 hrs later.
  • 6005 shares 9 d, 10 hrs later.
  • 6010 shares 9 d, 14 hrs later.
  • 6013 shares 9 d, 18 hrs later.
  • 6015 shares 9 d, 22 hrs later, 25th July, 2017.
  • Facebook (2730)
  • Twitter (1484)
  • LinkedIn (1794)

SSE CLAIMS LONDON COUNCILS ARE HOLDING UP ROLLOUT OF ELECTRIC CAR CHARGING POINTS


London Councils, which represents the city's 33 boroughs, denied holding back the switch to electric cars... READ MORE

9th September, 2018 50

WHY CHARGING YOUR ELECTRIC CAR AT NIGHT COULD SAVE THE WORLD


If drivers can charge their vehicles during off-peak times, they may be able to do so without requiring new generation at all... READ MORE

26th February, 2018 1056

ELECTRIC CARS ALREADY CHEAPER TO OWN AND RUN THAN PETROL OR DIESEL STUDY


Pure electric cars receive a sales subsidy of about ?5,000 in the UK and Japan and ?6,500 in the US... READ MORE

1st December, 2017 20254

QUEENSLAND TO BUILD ONE OF THE WORLD'S LONGEST ELECTRIC VEHICLE HIGHWAYS


Queensland will have a 2,000km network of electric vehicle charging stations that make up one of the world's longest electric vehicle highways within six months... READ MORE

27th July, 2017 5075

'ITS PART OF A GREEN TAXATION SHIFT'


Norway is the undisputed world leader on electric cars, run almost exclusively off the nation's copious hydropower resource... READ MORE

25th December, 2017 3421

ELECTRIC CARS TO ACCOUNT FOR ALL NEW VEHICLE SALES IN EUROPE BY 2035


Europe's competitive advantage in internal combustion engine powertrains disappears with the shift to battery electric vehicles, the report said... READ MORE

13th July, 2017 3385

TESLA LEARNED ABOUT DYSON'S SECRET CAR PLANS TWO YEARS EARLY


In June, however, Tesla offered him a job in Europe, which avoided the visa difficulties, and he told Dyson he was leaving... READ MORE

8th November, 2017 1649

ELECTRIC AND PLUG-IN HYBRID CARS WHIZ PAST 3M MARK WORLDWIDE


EV Volumes said that China, the world's biggest market for electric cars, was in the global driver seat when it comes to growth... READ MORE

25th December, 2017 1490

MOVE OUT FORMULA ONE, HELLO FORMULA E


Alejandro Agag FIA Formula E's chief executive believes the race will be the first in the world to use cars regularly charged on solar... READ MORE

24th June, 2015 1473

ELECTRIC CARS AND THE COAL THAT RUNS THEM


In electric vehicles, you cannot decouple the car from the electricity generation, said Paul Nieuwenhuis, co-director of the Electric Vehicle Center of Excellence at Cardiff University... READ MORE

24th November, 2015 1426

CHINA, EUROPE DRIVE SHIFT TO ELECTRIC CARS AS U.S. LAGS


In China, Europe and the United States, automakers are advocating new infrastructure money go to public electric car charging networks... READ MORE

16th January, 2017 1422

SHELL AND CARMAKERS AIM TO GO THE DISTANCE WITH HIGHWAY CHARGING


Rival BP BP.L said in August that it was talking to electric car manufacturers on deals to offer battery recharging docks at its stations... READ MORE

27th November, 2017 1289

1. WHO'S DOING WHAT WITH ELECTRIC CARS?


Because of the batteries they require, electric cars will be more expensive to build than their gasoline counterparts for about a decade, BNEF says... READ MORE

28th July, 2017 1108

A VACUUM BILLIONAIRE'S LONG JOURNEY TO MAKE A CAR THAT DOESN'T SUCK


Inventor James Dyson confirmed on Tuesday that his eponymous company, best known for its vacuums, is building an electric car... READ MORE

27th September, 2017 953

CHINA SETS 2019 DEADLINE FOR AUTOMAKERS TO MEET GREEN-CAR SALES TARGETS


Under the rules, car makers will receive credits for new-energy vehicles including plug-in hybrids and fully electric cars that can be transferred or traded... READ MORE

29th September, 2017 935

WHY BATTERY COST COULD PUT THE BRAKES ON ELECTRIC CAR SALES


That's likely to happen by 2026, when the cost for lithium-ion battery packs is projected to fall to about 100 per kilowatt hour, speakers at the summit said... READ MORE

29th November, 2017 818

APPLE, BMW IN COURTSHIP WITH AN EYE ON CAR COLLABORATION


A further complication was the departure of BMW's board member for development Herbert Diess, who played a leading role in initial discussions with Apple... READ MORE

31st July, 2015 749

A $45,000 SUV YOU CAN UNLOCK WITH A FACE SCAN SHOWS CHINA'S CAR AMBITIONS


XPeng Motors, backed by funding from Alibaba Group Holding Ltd., is set to unveil a production model on Tuesday... READ MORE

8th January, 2018 701

EVS FROM TESLA AND GM MAY START LOSING THEIR TAX CREDITS


Electric Cars From Tesla and GM May Start Losing Their Tax Credits... READ MORE

2nd November, 2017 686

AUTO SUPPLIERS JUMP ON REPORT TESLA TO FULLY OWN CHINA PLANT


In a statement, Palo Alto, California-based Tesla reiterated that it's working with Shanghai's government to explore local manufacturing... READ MORE

23rd October, 2017 546


IMPORTANT TERMS OF USE & DISCLAIMER INFORMATION:

Daily Digital News provides public access to an archive of historical news articles from many popular news sources. Daily Digital News provides keyword searchable summaries, and links, to news articles that were originally publically accessible, and all news articles presented on dailydigitalnews.com were initially freely available to the general public. Daily Digital News does not claim any copyright ownership of the aggregated content on this website. Aggregated news content as well as photographs or images presented on dailydigitalnews.com may be subject to copyright, and the use made here is consistent with the principles of limited use for research and education. Daily Digital News takes advantage of unique web-crawling technologies and algorithms. This includes the use of Watson Natural Language Understanding and TextRazor (www.textrazor.com) as well as other open source technologies. Daily Digital News operates this website on a not for profit basis. No income, revenue, remuneration, or profit of any kind has been made as a result of providing this website to the public. Use of this website is at the user's own discretion. Daily Digital News exercises no control over the use made of this website and accepts no liability to users or resources in relation to the contents of, or use of, or otherwise in connection with this website. Full Terms & Conditions