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OPEC Articles

General By 2025, Electric Cars Will Reduce Oil Demand Equal To Iran

By 2025, Electric Cars Will Reduce Oil Demand Equal To Iran's Output

According to Barclays, electric cars will contribute to a decrease in the daily global demand for oil equal to that of Iran's daily output by 2025.
By Steven Loveday Oct 26, 2017
General Big Oil Starting To Take Notice Of Rise Of EVs

Big Oil Starting To Take Notice Of Rise Of EVs

Though the world's oil producers aren't forecasting EVs to rise to the forefront as much as some automakers and analysts, new estimates show a huge upturn.
By Steven Loveday Jul 24, 2017
Battery Tech Study: Electric Car Battery Costs Declined By 35 Percent From 2014 To 2015

Study: Electric Car Battery Costs Declined By 35 Percent From 2014 To 2015

Most experts and consumers agree fully that the cost factor of electric vehicles is the main inhibitor of sale and mass adoption. The cost of electrified vehicles is contingent on lithium-ion battery costs. According to a recent study, costs are declining substantially and rapidly.
By Steven Loveday Jan 18, 2017
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