EVs could take an OPEC-sized bite out of oil demand, study finds

A boom in electric vehicles made by the likes of Tesla Motors Inc. could erode as much as 10 percent of global gasoline demand by 2035, according to the oil industry consultant Wood Mackenzie.

NextEV plans Tesla Model X fighter for U.S. in late '18 or early '19

Chinese electric vehicle specialist NextEV will target the U.S as the first foreign market for its SUV rival to the Tesla Model X.

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