TOKYO -- As the global shift toward electric vehicles gathers momentum, some analysts are forecasting a faster-than-expected drop in demand for oil. Others, however, are not so sure.
France and Britain plan to ban sales of gasoline- and diesel-fueled cars by 2040, while China will require automakers to produce electric vehicles at a set ratio of their output. India has also kicked off its drive to electric, with major automakers starting to boost production of the vehicles.
