for Peak oil demand
China's plans to achieve net-zero carbon emissions by 2060 is the latest high-profile development in the shift away from fossil fuels.
As Coronavirus reignites the global oil demand debate, near-term problems have brought back concerns about the long-term viability of oil and gas.
Given the natural synergies between AVs and EVs, growth of self-driving cars will accelerate electrification and ultimately bring about more diversity in the transportation sector.
Even with an entirely different landscape due to EVs becoming a greater part of the fleet, there is essentially no way to avoid the fact that ICE vehicles will be around for a very long time.