Here's a statement from CEO of Octopus Energy which confirms...

Here's a statement from CEO of Octopus Energy which confirms what I know is happening regarding EV's and fossil fuel companies.

He states the company
Has also benefited from growing demand across its green energy generation and EV leasing divisions, which continue to thrive despite increased scrutiny of net zero.Mr Jackson believes fossil fuel companies are responsible for whipping up a backlash against the transition, as they are fearful of renewables replacing oil and gas.He said: “I think 2023/24 is the year in which fossil fuel companies have woken up to the very real threat that their businesses now face. Already, electric vehicles are taking 1.5 million barrels of oil off the road every day.

And as renewables increase we are seeing a huge demand requiring grid scale batteries.

Bosch auto part maker also says electric vehicle components require half the labour content of ice vehicles. So countries like Japan and Germany with their huge car industries and large work force are facing a dilemma of converting to EV's and cutting jobs. Toyota are the prime example.