Wednesday, February 1, 2012

Oil sector sees no threat from electric auto

The biggest oil organizations in the globe have calculated that handful of, if any, of today's drivers will see electric cars outnumber gasoline and diesel models in their lifetimes.While politicians and green lobby groups insist the future of transport is electric, in the past two months BP and Exxon have released information which points to electric automobiles producing up only four-five percent of all automobiles globally in 20-30 years.Meanwhile some governments are targeting as

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