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Even Big Oil Execs Think We're Headed To An Electric Future

Posted: 05 Mar 2010, 04:38
by Aurora
The Car Connection - 04/03/10

Within the auto industry, we can attest that attitudes about electric vehicles are radically different than they were just a decade ago. But finding out that a Big Oil executive has predicted electric vehicles (EVs) will become a huge future chunk of the world vehicle market? That still has our hair standing up a little bit.

At the Wall Street Journal's ECO:nomics conference, in Santa Barbara, California, Royal Dutch Shell CEO Peter Voser anticipated that in 2050, 40 percent of all vehicles, globally, will be electric.

By that time the total number of vehicles, globally, will have doubled; so that could still result in more vehicles using gasoline today. Of course, it's likely that by then that even the dinosaur juice-burners will continue to become much more fuel-efficient than they are today.

Renault-Nissan CEO and president Carlos Ghosn has recently predicted that ten percent of all vehicles sold worldwide by 2020 will be electric.

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