Oil and Gas Sector Strategies for Electric Vehicles (EV)
Powered by
All the vital news, analysis, and commentary curated by our industry experts.
Oil and Gas Sector Strategies for Electric Vehicles (EV) Market Overview
As electric vehicle sales grow, many oil and gas companies are diversifying into the electric transport sector. China and Europe are expected to have the largest battery EV markets in the coming 15 years. Fuel cell electric vehicles are expected to grow as well but to a much smaller degree in the passenger vehicle segment. Several auto manufacturers have set targets for EV sales and allocated funding toward electrification, in tandem with goals from 18 countries to completely end sales of gasoline and diesel passenger vehicles.
Rebounding demand for petroleum products is being dampened by the growing EV market. Oil and gas companies getting involved in the sector have invested in charging infrastructure, battery technologies, or hydrogen vehicle infrastructure. The Oil and Gas Sector Strategies for EV market research report provides an outlook of EV sales by country/region.
O&G companies in Europe | BP, Shell, Polish IOC Orlen, TotalEnergies, Eni, Repsol |
O&G companies in North America | ExxonMobil, Suncor Energy, and Chevron |
E&G companies in Asia & Oceania | Mitsui & Co Ltd (Mitsui), Hindustan Petroleum Corp (HPCL), Woodside Petroleum |
Petroleum Products Sector | Transportation, Petrochemical Feedstocks, International Bunkers, Industrial, and Residential |
Enquire & Decide | Discover the perfect solution for your business needs. Enquire now and let us help you make an informed decision before making a purchase. |
EV Strategies of O&G Companies in Europe
The major O&G companies in Europe are BP, Shell, Polish IOC Orlen, TotalEnergies, Eni, and Repsol among others. BP is aiming to expand its network of EV charge points by 2030. The company took its first major leap in the EV theme in 2018 with the acquisition of UK-based Chargemaster. Since then, it has been working to expand its network in Europe, the US, and Asia.
Buy the Full Report to know more about the EV strategies of major oil and gas companies in Europe, download a free report sample
EV Strategies of O&G Companies in North America
The major O&G companies in North America are ExxonMobil, Suncor Energy, and Chevron among others. ExxonMobil’s EV strategy focuses on providing solutions to improve EV performance, such as EV battery thermal management. The company also is developing fluids (integrated E-motor fluids, reduction gearbox lubricants and specialty greases) that would extend EVs’ range and improve efficiency and performance of the vehicle.
Buy the Full Report to know more about EV strategies of major oil and gas companies in North America, download a free report sample
EV Strategies of O&G Companies in Asia and Oceania
The major O&G companies in Asia and Oceania are Mitsui & Co Ltd (Mitsui), Hindustan Petroleum Corp (HPCL), Woodside Petroleum. Mitsui & Co Ltd (Mitsui) is planning to expand its footprint in the EV ride-sharing automotive and public transportation industry and provide a whole value chain of EV business from manufacturing EV equipment and supplying battery packs to servicing ride-sharing public transport solutions.
Buy the Full Report about EV strategies of major oil and gas companies in Asia and Oceania, download a free report sample
Petroleum Products Demand by Sector
Some of the sectors are transportation, petrochemical feedstocks, international bunkers, industrial, and residential. Transportation represents the largest share of oil demand. A post 2020 rebound in petroleum demand is projected to continue for several years, mainly driven by the transportation sector. Despite the rebound, demand will only return to 2019 levels by 2026, and continue increasing thereafter.
Petroleum Products Demand by Sector (mbd)
Buy the Full Report to know more about petroleum products demand by sector, download a free report sample
Scope
- Electric Mobility Outlook
- Causes and Effects of the EV shift
- O&G company Strategies and Involvement
Reasons to Buy
- Learn how oil demand will grow during this decade
- Learn how and where the EV market will grow during the next 15 years
- Understand the driving factors behind the EV push
- Understand the opportunities for O&G companies to enter the automotive value chain
- Learn specific strategies the O&G majors are taking to enter the EV space
Volkswagen Group
PSA Group
BMW Group
Daimler
Volvo
Hyundai Motor Group
Renault Group
Shell
TotalEnergies
BP
Mitsui
Eni
Repsol
Woodside
Chevron
Suncor Energy
ExxonMobil
Hindustan Petroleum
OMV
Orlen
Table of Contents
Table
Figures
Frequently asked questions
-
Which are the major O&G companies in Europe?
The major O&G companies in Europe are BP, Shell, Polish IOC Orlen, TotalEnergies, Eni, Repsol.
-
Which are the major O&G companies in North America?
The major O&G companies in North America are ExxonMobil, Suncor Energy, and Chevron.
-
Which are the major O&G companies in Asia and Oceania?
The major O&G companies in Asia and Oceania are Mitsui & Co Ltd (Mitsui), Hindustan Petroleum Corp (HPCL), Woodside Petroleum.
Get in touch to find out about multi-purchase discounts
reportstore@globaldata.com
Tel +44 20 7947 2745
Every customer’s requirement is unique. With over 220,000 construction projects tracked, we can create a tailored dataset for you based on the types of projects you are looking for. Please get in touch with your specific requirements and we can send you a quote.