Oil giants could be big EV players: report - best electric toothbrush to buy

Oil and gas companies may lead the electric car revolution, but they are one of the least prepared industries, according to a new report.
Deloitte, a consulting firm, said nearly half of the world's oil and gas companies are not prepared to deal with the impact of electric vehicles, although many acknowledge the potential for new vehicles to disrupt their business models.
But that doesn't mean that everyone in the resource industry will be caught off guard.
According to a survey of nearly 100 executives in Australia and the world, mining companies are one of the most active industries in preparing electric vehicles.
An anonymous mining operator in the report said it was cheaper than mine to convert vehicles into electric vehicles --
They were proofread and now it is looking to fully power up its fleet.
Unlike oil and gas companies, however, electric vehicles are the gospel of copper, a key product for many large miners.
The conductive materials required for all-electric vehicles are nearly four times that of traditional mediasized car.
According to Deloitte's report, most industries are monitoring competitors' attitudes towards electric vehicles, improving the skills of employees, developing new business models and units, and conducting risk analysis.
However, few companies will consider merging or taking over companies in this area to improve their capabilities and resources.
The authors of the report acknowledge that some oil and gas giants, such as the French giant Total, have acquired renewable energy businesses, but he says new energy is still a small part of those businesses.
But given the large amount of money needed in the fossil fuel industry, oil and gas companies are one of the best options to buy a leading position in the field of renewable energy and electric vehicles.
Deloitte's Bernadette Cullinane and Steve McGill said: "While the oil giant's exploration of renewable energy in the past is full of losses, this time the economic situation is different and the momentum must have changed
"Once bitten, shy twice, but the third time is a charm, in which case it may be the last chance.