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China s oil majors face uphill climb to adapt to EV future

China s oil majors face uphill climb to adapt to EV future
theprint.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theprint.in Daily Mail and Mail on Sunday newspapers.

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Analysis-China s oil majors face uphill climb to adapt to EV future

Analysis-China s oil majors face uphill climb to adapt to EV future
streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.

New delhiAndrew hayleyAbhishek muraliNerijus adomaitisAnne solange renouardMohi naranyanCircle kRystad energyVehicle charging infrastructure promotion allianceChina three gorges groupChina passenger car associationPotevio new energyErica downsGlobal energy policyChina passenger carStar charge

Analysis-China s Oil Majors Face Uphill Climb to Adapt to EV Future

Analysis-China s Oil Majors Face Uphill Climb to Adapt to EV Future
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Analysis-China s oil majors face uphill climb to adapt to EV future

Tucked away on a side road in suburban Beijing, the Xiaowuji battery charging station opened by Sinopec in December 2023 offers a glimpse of China's post-gasoline future. EV sales in the world's largest auto market are expected to account for 40% of the 23 million cars sold this year. China's gasoline demand is predicted to peak by 2025 and could halve by 2045, making a strategic shift an imperative for its biggest oil refiners and marketers, Sinopec and PetroChina.

New delhiMohi naranyanNerijus adomaitisAndrew hayleyAnne solange renouardAbhishek muraliVehicle charging infrastructure promotion allianceChina three gorges groupChina passenger car associationPotevio new energyCircle kRystad energyErica downsGlobal energy policyChina passenger carStar charge

China s oil majors face uphill climb to adapt to EV future

Tucked away on a side road in suburban Beijing, the Xiaowuji battery charging station opened by Sinopec in December 2023 offers a glimpse of China s post-gasoline future. Boasting 70.

New delhiNerijus adomaitisMohi naranyanAnne solange renouardAbhishek muraliAndrew hayleyVehicle charging infrastructure promotion allianceChina three gorges groupPotevio new energyChina passenger car associationCircle kRystad energyErica downsGlobal energy policyChina passenger carStar charge