The surging popularity of electric vehicles stands to rattle fossil fuel markets, with energy experts anticipating an erosion of oil demand for transportation around the globe. The love affair between cars and oil is losing its spark.
This is the third piece of a four-part series exploring the rise of electric vehicles and their impacts on the global economy, from the auto and power industries to oil and mining sectors. Source: Justin Sullivan/Getty Images News via Getty Images. A September executive order in the state would require all new cars and passenger trucks sold in the state to be zero-emission vehicles by 2035. A Tesla car sits parked at a Tesla Supercharger in Petaluma, Calif.
