Strait of Hormuz Instability Fuels Massive Upward Revision for Global EV Market Share

Strait of Hormuz Instability Fuels Massive Upward Revision for Global EV Market Share

Yahoo Finance reports that sustained oil supply disruptions in the Middle East are forcing a rapid transition away from internal combustion engines. Analysts at Wood Mackenzie now project that electric vehicles could account for a quarter of the global passenger fleet by 2040 as

Yahoo Finance reports that sustained oil supply disruptions in the Middle East are forcing a rapid transition away from internal combustion engines. Analysts at Wood Mackenzie now project that electric vehicles could account for a quarter of the global passenger fleet by 2040 as