Big Oil Makes Big Increase on EV Forecasts

By Evan Williams Even Big Oil is making big increases on its forecasts on just how many electric vehicles will be on the world’s roads by the year 2040.
Exxon Mobil, BP, the International Energy Agency, even OPEC are all boosting their predictions for the number of EVs operating at by that point, according to Bloomberg New Energy Finance.
The increases aren’t small, either. Exxon Mobil boosted its forecast nearly 50 percent from last year’s to 100 million EVs. BP is also predicting 100 million. And OPEC’s new forecast is almost six-times what it was last year, at 266 million EVs on the road by

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