GlobalData’s latest thematic report, ‘Electric Vehicles in Oil & Gas,’ provides an overview of the evolution of electric vehicles (EV) as a theme and its implications on the oil and gas industry. It also highlights the key trends for EVs and how industry leaders are responding to the rise of this segment.

The automotive industry is undergoing a profound period of disruption. Four concurrent megatrends are shaking up business strategies, connected cars, autonomous vehicles, shared mobility services and electrification. Of the four megatrends, battery electric vehicles (BEVs) are arguably the most critical at this moment in time. Across the industry, automakers and suppliers are announcing bold strategies to pivot away from producing combustion vehicles and toward electric models. This has seen many companies race to secure vital supplies of batteries, EV components and the raw materials needed to create them. Europe has announced aggressive targets to phase out internal combustion engines (ICE) to support their climate goals. It has prompted Europe-based oil and gas companies such as Shell, BP, TotalEnergies, and Repsol to pursue the decarbonisation of the transportation sector with zero-emission technologies. Offering high-speed charging at petrol stations seems to be a sound strategy to retain existing customers while also attracting newer ones. With a mix of acquisitions and organic growth, these companies are gradually establishing their charging infrastructure not only in Europe but also across key markets in the US and Asia. Shell and TotalEnergies are leading the pack by investing across the EV ecosystem, including clean power generation, battery technologies and charging infrastructure. By 2025, Shell plans to deploy over 500,000 charge points worldwide while TotalEnergies is targeting 150,000 charge points across Europe.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

GlobalData identifies Shell and TotalEnergies as the leading oil and gas companies in the EV theme. It also highlights the contribution of other prominent industry participants, such as BP, Eni, Repsol, OMV, Mitsui, and PKN Orlen for their initiatives in this space.