26 Jun 2022 | Abstracted from CNBC
"Even Exxon Mobil thinks electric vehicles are the future."The oil giant is predicting that by 2040, every new passenger car sold in the world will be electric...The plastics that Exxon Mobil produces can be used in the manufacturing of electric vehicles.
"ExxonMobil's calculations predicted that oil demand in 2040 would be equivalent to what the world needed in 2013 or 2014.."
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