Who needs oil when Elon Musk is going to fly down in his Iron Man suit and deliver cheap electric cars to the masses? Fear of peak oil was likely one factor that helped keep oil prices hovering ...
So “if peak oil is to arrive in the near future”, said ... The continued growth of the electric car industry will be a key driver in the development, agreed Bloomberg.
The implications of China hitting peak oil are enormous. If Chinese demand is reaching a plateau that would fulfil projections by the IEA of global oil demand peaking before 2030. The forecast ...
compared with a similar contraction in petrol and diesel cars. But some question whether the Chinese state will sit back and let peak oil happen. While the “revolution” in electric vehicles is ...