Electric Vehicles in Oil & Gas Industry Strategic Intelligence Report 2025: Shell, BP, TotalEnergies, and Eni Have Moved Beyond High-speed Charging, Through Acquisitions, Partnerships
Dublin, Jan. 20, 2026 (GLOBE NEWSWIRE) -- The "Strategic Intelligence: Electric Vehicles in Oil & Gas" report has been added to ResearchAndMarkets.com's offering.
Global battery electric vehicle (BEV) sales grew 13% in 2024 to 10.4 million, making up 14% of new personal vehicle sales-9% in the US, 15% in the EU, and 27% in China.
The US is reshoring battery and vehicle production, while Europe combines state aid with efforts to reduce reliance on Chinese parts. China continues expanding globally through partnerships and price competition. These supply chain shifts are creating new power centers in the EV race, forcing companies to adapt or face obsolescence.
European oil and gas companies are rapidly reinventing themselves amid stringent climate targets and the phaseout of internal combustion engines. Leaders like Shell, BP, TotalEnergies, and Eni have moved far beyond high-speed charging at fuel stations, aggressively expanding their presence through acquisitions, partnerships, and organic growth across Europe and into global markets.
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