Photo Credit:Fair Use [17 U.S.C. § 107] Vietnamese entrepreneurs are offer tours using electric motorscooters.
EV Revolution Reshapes Global Oil Demand
12 Jul 2025 | Abstracted from EV WORLD
The electric vehicle revolution has moved from projection to reality. As more countries follow China's lead, oil demand - once considered immune to disruption - now faces irreversible decline in the transportation sector.If policy and investment continue at pace, the IEA expects 5 to 8 million barrels/day of oil demand could be erased by 2030. Nearly 40% of new cars globally may be electric by that time."
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