Bloomberg | BofA Sees Oil Demand Peaking by 2030 as Electric Vehicles Boom ... Bloomberg That's according to Bank of America Merrill Lynch analysts including Peter Helles, who predict that 40 percent of all car sales will be electric vehicles by 2030, reducing the need for oil as a fuel for transport. “Electric vehicles will likely start ... Bank Of America: EVs To Lead To Peak Oil Demand In 2030 - Oil Price Bank of America sees oil demand peak in 2030 - Houston Chronicle |