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Surge in electric cars may blindside Big Oil: report
Published Thu, Feb 2, 2017 · 09:50 PM
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Paris
OIL companies underestimating the global market for electric vehicles could be caught unaware by weakened demand for petrol within a decade, analysts said Wednesday.
Falling costs of electric cars and renewable technology may halt growth in oil demand from as early as 2020, they argued in a report.
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