Despite a bit of typical oil-company bluster, Exxon may be a little bit worried about electric cars. Not a lot, perhaps, but if you read between the lines, then maybe a smidge. According to Energy Voice, Exxon vice president Jeff Woodbury said recently that EV demand isn't strong enough to put a dent in demand for gasoline. DON'T MISS: Big Oil... Exxon isn’t afraid of electric cars: only 6 percent of global vehicles by 2040, it says
Despite a bit of typical oil-company bluster, Exxon may be a little bit worried about electric cars. Not a lot, perhaps, but if you read between the lines, then maybe a smidge. According to Energy Voice, Exxon vice president Jeff Woodbury said recently that EV demand isn't strong enough to put a dent in demand for gasoline. DON'T MISS: Big Oil...