BofA’s Blanch Sees Oil Demand Staying Strong Through 2020

The transcript discusses the anticipated peak in oil demand due to the rise of electric vehicles (EVs), particularly focusing on the influence of China and the US in the global car market. It highlights the technological advancements needed for EVs to become more affordable and competitive with internal combustion vehicles. The discussion also compares the EV infrastructure and industrial policies of China and the US, noting China's aggressive push to lead in the EV sector.

In what ways is China ahead of the United States regarding electric vehicle infrastructure?

What are the implications of government policies on the electric vehicle market in China and the US?