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Electric cars to wipe out 3.5mb/d of oil demand by 2025

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Electric cars to wipe out 3.5mb/d of oil demand by 2025

…9mb/d by 2040 11 October 2017, Sweetcrude, Lagos – Electric cars could wipe out 3.5 million barrels per day of crude oil from use by 2025 as large numbers of automobiles go electric. According to UK’s Barclay commodities analysts in a research note, adoption of electric vehicles and improved fuel efficiency could take out 3.5mb/d, roughly …

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Electric cars to wipe out 3.5mb/d of oil demand by 2025 Electric cars to wipe out 3.5mb/d of oil demand by 2025 Reviewed by Crude Oil Brokers on 08:50 Rating: 5

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