As we know the American ExxonMobil is probably the largest oil company in the world.
Nowadays, however, it is known that humanity is moving towards other sources of energy. One of them is electricity for our transportation, that’s why electric cars are increasing.
That’s why the company’s executives recently presented its investment strategy regarding them.
So far the company has reduced its hydrocarbon production in Singapore and Britain. And it is also estimated that it will also reduce the production of gasoline in the near future. At the same time, it works in the production of biodiesel. It is clear that diesel will still be needed in the market for heavy-duty use such as trucks and large machinery. This is because electricity cannot be used directly in them.
[Source: http://www.fortune.com]
