North America / News / Transportation

Exxon CEO: All New Cars Electric by 2040 — What That Actually Means

NYC Ride Sharing Zero Emission by 2030. Image T20

NYC Ride Sharing Zero Emission by 2030. Image T20

Grant Brown

Takeaways:

  • The CEO of ExxonMobil announced that all new car sales will be electric by 2040.
  • This could mean that crossover to 100% electric could happen even before this deadline.
  • And although ExxonMobil is an oil giant, there is still an opportunity to make massive profits as they did a decade ago.

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