Goldman Sachs report predicts rise in EV sales, offsetting at least 130,000 barrels of oil demand per day by Dec 2027.
Investment bank Goldman Sachs Group Inc.
(NYSE:GS) has released a new report, stating that the global EV demand could record a surge that will offset demand for oil by late next year.
EVs To Offset 320,000 Barrels Of Oil Daily?
In a report released on Monday, the investment bank outlined that EV car sales in the market increased by 3.4 percentage points in May.
EVs accounted for 26.1% of total sales in the global market.
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