Big Oil is coming for EVs (in a good way?)
(CrackBerry.com)

Some of the biggest oil companies in the world have acknowledged that the future of surface transportation will largely be electric, and they don`t want to miss out on that rapidly expanding pie.Staring down the barrel of growing EV sales poised to eat into oil revenue, some of the largest oil companies are pivoting to embrace that future instead of fighting it. If there`s anybody you might have thought would fight tooth and nail against the rise of mass-market electric cars (EVs), most of us would`ve put `Big Oil` at the top of the list. After all, the business model of the world`s largest oil producers is built around one thing: oil. So the dropping prices and growing popularity of EVs should pose an existential threat to the typical company that`s built to drill, pump, refine, and sell oil and oil products. Seeing a future where their profit and position is at stake, some of the biggest oil producers in the world are getting into the clean energy game. According to the U.S. Ener...