• Waves of Change: Charting the Energy Transition | CERAWeek
  • 9 - 13 March 2020, Houston, TX
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Session Details

EVs and Oil: What's the impact?

Wednesday, March 11

07:30 am - 08:40 am

Shifts in personal car ownership are at the forefront of the energy transition and electrification of the passenger car fleet is one of the main decarbonization pathways in many markets. As battery technology improves and EVs become more cost-competitive, EVs are gaining traction in many markets and with that comes concern about the future of oil demand in the passenger car segment. In which markets will EVs gain share fastest? Is EV adoption scalable? Will EVs bring forward peak demand?

Session Speakers